18 of 20
BACKNEXT
18. Gannett
18. Gannett
Fortune 500 rank: 415
2010 revenue: $5.5 billion
10-year annualized return: -11.0%

Here's your headline: Newspapers Fall Hard, Fast. As late as 2004, shares of Gannett, the country's largest newspaper publisher and owner of USA Today, traded for $80. Now the stock's at $15.

Gannett has struggled this decade to replace lost revenues from local classifieds ads and other advertising. Newspapers comprise nearly three-quarters of its sales. As ad spending steadily shifts online, Gannett has slashed newsroom jobs and other costs.

Meanwhile, USA Today has lost its crown as the country's largest paper. Worse for shareholders: The trends plaguing the stock don't show any signs of changing.



NEXT: 19. Fifth Third Bancorp
Last updated May 05 2011: 2:52 PM ET
Top 50 Wal-Mart holds Exxon Mobil at bay and rules the Fortune 500 for the second year in a row. Which other companies made the top 50? More
They're hiring! These Fortune 100 employers have at least 350 openings each, totaling more than 96,000 jobs. What are they looking for in a new hire? More
20 most profitable Exxon Mobil rode high oil prices to a staggering $30 billion in profits. From Apple to Google, here are the other big winners. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.