Eastman Kodak. Stock decline in 2011: 85 percent. It's never a good sign when a firm denies that it's heading for bankruptcy, as Kodak has been doing. Kodak was slow to join the revolution in digital photography, while taking several wrong turns into fields such as pharmaceuticals and document management.
Research in Motion. Stock decline: 76 percent. The once-ubiquitous Blackberry commanded 55 percent of the U.S. smartphone market in 2009, according to research firm Canalys. Today, its market share is less than 10 percent. Blackberry-maker RIM has failed to counter ruthless competition from Apple's iPhone and the many Android phones now available, with total
OfficeMax. Stock decline: 75 percent. If the economy were booming, maybe three office-supply chains--OfficeMax, Office Depot and Staples--would all be able to thrive. But the tough economy, plus competition from discounters like Walmart and Costco, has put pressure on the whole group.
Monster Worldwide. Stock decline: 67 percent. If the economy springs back and hiring picks up, this job-placement firm could thrive. But the economic rebound, of course, is painfully slow, with CEOs basically waiting to see whether another crisis is coming. [See who will struggle in 2012.]
Bank of America. Stock decline: 61 percent The whole banking sector is beaten down due to fears of a European crisis. Bank of America is under special scrutiny because of its disastrous 2008 purchase of Countrywide Financial, which has saddled the bank with billions in losses on bad mortgages, many of which may to sour.
Netflix. Stock decline: 60 percent. This once-hot movie-rental website endured an abrupt comedown in 2011 when it tried to separate its DVD-by-mail and video streaming services into two separate companies, while hiking prices on customers who want both.
KB Home. Stock decline: 46 percent. This California-based homebuilder has lost more than $2 billion since the housing bust struck in 2007, and analysts surveyed by Capital IQ are predicting another money-losing year in 2012.
Hewlett-Packard. Stock decline: 38 percent. HP is on its third CEO in less than two years, with the turnover reflecting strategic confusion that has impaired earnings, enraged shareholders and raised concerns that HP is too unwieldy to be run effectively.
Sears. Stock decline: 34 percent. The nation's fourth-largest retail chain has been slashing costs and closing unprofitable stores, but analysts still expect a loss for 2012. More worrisome: A viable turnaround strategy still isn't evident.
Best Buy. Stock decline: 32 percent. When Circuit City folded in 2009, Best Buy seemed like a clear victor. But the same forces that hammered Circuit City--cash-poor consumers, ruthless price pressure, tough online rivals--are now hurting Best Buy, which recently startled investors with a weaker-than-expected earnings report.
Washington Post. Stock decline: 20 percent. The storied newspaper company has offset declines in its journalism revenue with profits from its Kaplan education subsidiary, which runs the well-known test-preparation service plus dozens of for-profit colleges.
taken from http://ca.finance.yahoo.com/news/11-companies-edge-2012-003300230.html
Research in Motion. Stock decline: 76 percent. The once-ubiquitous Blackberry commanded 55 percent of the U.S. smartphone market in 2009, according to research firm Canalys. Today, its market share is less than 10 percent. Blackberry-maker RIM has failed to counter ruthless competition from Apple's iPhone and the many Android phones now available, with total
OfficeMax. Stock decline: 75 percent. If the economy were booming, maybe three office-supply chains--OfficeMax, Office Depot and Staples--would all be able to thrive. But the tough economy, plus competition from discounters like Walmart and Costco, has put pressure on the whole group.
Monster Worldwide. Stock decline: 67 percent. If the economy springs back and hiring picks up, this job-placement firm could thrive. But the economic rebound, of course, is painfully slow, with CEOs basically waiting to see whether another crisis is coming. [See who will struggle in 2012.]
Bank of America. Stock decline: 61 percent The whole banking sector is beaten down due to fears of a European crisis. Bank of America is under special scrutiny because of its disastrous 2008 purchase of Countrywide Financial, which has saddled the bank with billions in losses on bad mortgages, many of which may to sour.
Netflix. Stock decline: 60 percent. This once-hot movie-rental website endured an abrupt comedown in 2011 when it tried to separate its DVD-by-mail and video streaming services into two separate companies, while hiking prices on customers who want both.
KB Home. Stock decline: 46 percent. This California-based homebuilder has lost more than $2 billion since the housing bust struck in 2007, and analysts surveyed by Capital IQ are predicting another money-losing year in 2012.
Hewlett-Packard. Stock decline: 38 percent. HP is on its third CEO in less than two years, with the turnover reflecting strategic confusion that has impaired earnings, enraged shareholders and raised concerns that HP is too unwieldy to be run effectively.
Sears. Stock decline: 34 percent. The nation's fourth-largest retail chain has been slashing costs and closing unprofitable stores, but analysts still expect a loss for 2012. More worrisome: A viable turnaround strategy still isn't evident.
Best Buy. Stock decline: 32 percent. When Circuit City folded in 2009, Best Buy seemed like a clear victor. But the same forces that hammered Circuit City--cash-poor consumers, ruthless price pressure, tough online rivals--are now hurting Best Buy, which recently startled investors with a weaker-than-expected earnings report.
Washington Post. Stock decline: 20 percent. The storied newspaper company has offset declines in its journalism revenue with profits from its Kaplan education subsidiary, which runs the well-known test-preparation service plus dozens of for-profit colleges.
taken from http://ca.finance.yahoo.com/news/11-companies-edge-2012-003300230.html
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