19. SunGard Data Systems
Fortune 500 rank: 434
2010 loss: $570 million
The software and technology company that serves the finance, education, and public sectors cut its losses in half in 2010 over the prior year, but that wasn't enough to keep it off the money losers list.
A big toll on earnings came from a charge on goodwill associated with parts of its public sector and higher education businesses. The value of these units dropped on slower-than-anticipated growth due to the difficult environment in these industries.
SunGard, which was taken private in a massive leveraged buyout in 2005 by a consortium of private equity firms, still had more than $8 billion in debt at the end of 2010.
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Last updated May 05 2011: 3:06 PM ET
