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Cleantech Transit Inc. (CLNO)

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Fortune 500: Worst stocks of 2011

Posted by Guru on December 21st, 2011

It was a tough year for many major corporations, but this neglected bouquet of Fortune 500 companies stood out for particularly poor performance. From a bankrupt airline to an aging camera maker, here are the biggest losers.

In a year when Europe's sovereign debt woes dominated headlines, it's no surprise that financial stocks took a beating.

Thermo Fisher Scientific, Inc. (NYSE:TMO) announced that its board of directors has authorized the repurchase of an additional $750 million of shares of its own common stock in the open market or in negotiated transactions. The new repurchase authorization will remain in effect through November 9, 2012.

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Stock-PR Reporting

FREE Daily Stock Alerts From Stock-PR.com

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Williams-Sonoma, Inc. (NYSE:WSM) announced operating results for the second quarter of fiscal 2011 ended July 31, 2011 ("Q2 11"). Net revenues in Q2 11 increased 5.1% to $815 million versus $776 million in Q2 10. Comparable brand revenue in Q2 11 increased 6.5%.

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