Investing
The 24/7 Wall St./Flame Index: Companies With The Worst News (July 7)
Published:
Nothing compared to the negative press News Corp (NYSE: NWS) has gotten in the last three days as its The News of The World is accused of tapping the phone of a dead girl and erasing messages in a full mailbox to leave room for more.
The Flame Index started as a research tool in 2008 at the NY Innovation Design Lab (nyidlab). It was used as a general metric to evaluate companies and their risk in the media. Publicly traded Fortune 500 companies are used as a measure to calculate an overall market of negative news and the companies are ranked within that market.
Rank | Company | Ticker | Score | Change in Rank | Comments |
---|---|---|---|---|---|
3 | News Corp. | NWSA | 52.659 | +585 | One of its UK paper, The News of the World, hacks dead girl’s phone |
4 | National Oilwell Varco | NOV | 45.259 | +252 | Buys Ameron International for $772 million |
7 | ConocoPhillips | COP | 34.577 | +553 | Oil leaks hurt China output |
18 | KeyCorp | KEY | 25.337 | +382 | New debt card cap will cost $60 million. |
21 | Novartis | NVS | 24.63 | +557 | Russian police search its offices |
27 | Quest Diagnostics | DGX | 23.777 | +497 | UK competitor say Quest overcharged government by $1 billion |
35 | Pfizer | PFE | 22.07 | +462 | Drug Lyrica does well in Japanese tests |
38 | eBay | EBAY | 21.805 | +636 | UK Twitter account hit by hackers |
42 | Autodesk | ADSK | 21.379 | +508 | Large exposure to EU economic slowdown |
43 | Kellogg | K | 21.349 | +367 | More concern and agri-product costs are up |
Data and ranking provided by the Flame Index.
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.