“Investors knew it was going to be an ugly earnings season. But some of the losses are simply obscene.” Today’s article highlights “11 companies in the broad Russell 3000 index…that have reported staggering net losses in the just completed calendar year…Each of these companies reported net losses of $4 billion or more….” While oil prices were a major factor in these losses (8 of the 11 companies are from the energy sector), “it’s not just energy companies with the massive losses.” To see which companies in the Russell 3000 posted the largest net losses in 2015, CLICK HERE.