July 12, 2005

Even with High Oil Prices, WM Still #1

Wal-Mart beat out the big energy companies to land the top slot of the Fortune Global 500:

Wal-Mart took No. 1 on Fortune magazine's annual list of the Global 500, the fourth year in a row the retailer has placed at the top of the list.

Rounding out the top five in the 2005 rankings are BP (No. 2), Exxon Mobil (No. 3), Royal Dutch/Shell Group (No. 4) and General Motors (No. 5).

Position in the Fortune Global 500 is determined by total revenue in the prior year.

However, it is not the most profitable company....

Posted by Kevin on July, 12 2005 at 04:24 PM