April 3, 2006
Exxon Number 1 on Fortune 500 List
The AP reports that Exxon Mobil Corp moved to the top of the 2006 Fortune 500 list, "and consigned Wal-Mart Stores Inc. to the No. 2 spot on the magazine's annual ranking of the nation's largest publicly traded companies.
Fortune compiled its list based on companies' 2005 revenues. Exxon Mobil raked in $340 billion in revenue, a 25.5 percent increase over 2004, and had $36.1 billion in profits, the most by any U.S. company in history."
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Posted by Becky at April 3, 2006 11:17 AM Posted to Business News