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The July 24, 2006 issue of Fortune, featuring its Fortune 500 list
The July 24, 2006 issue of Fortune, featuring its Fortune 500 list

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 American public corporations as measured by their gross revenue,[1] although eligible companies are any for which revenues are publicly available (which is a larger universe than "public companies", as the term is commonly understood, meaning "companies having common stock that trades on a stock exchange"). Fortune is a Global Business Magazine published by Time Inc's Fortune|Money Group The United States of America —commonly referred to as the A corporation is a separate legal entity usually used to conduct business In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc A stock exchange, share market or bourse is a Corporation or Mutual organization which provides "trading" facilities for Stock

Some of the Fortune 500 companies have enormous power that they could potentially reshape or influence government policies. One such example occurred when Henry Paulson, former CEO of Goldman Sachs, was appointed by the Bush administration as its Treasury Secretary in 2006. Henry Merritt "Hank" Paulson Jr (born March 28 1946 is the United States Treasury Secretary and member of the International Monetary Fund Board of Governors A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator The Goldman Sachs Group Inc, or simply Goldman Sachs ( is a large global Bank holding company that engages in Investment banking securities The United States Secretary of the Treasury is the head of the United States Department of the Treasury, concerned with finance and monetary matters, and until [1]

Wal-Mart tops the list again in 2008, edging out Exxon Mobil which is in second place. Wal-Mart Stores Inc (or Walmart as written in its new logo is an American public corporation that runs a chain of large discount department stores The Exxon Mobil Corporation, or ExxonMobil, is an American oil and gas Corporation and a direct descendant of John D [2]

Fortune 100 and Fortune 1000 refer to lists of top firms ranked similarly. Please do not add the complete list of fortune 1000 companies

See also

References

  1. ^ a b Fortune 500, USPages. The Fortune Global 500 is a ranking of the top 500 Corporations worldwide as measured by Revenue. The Forbes Global 2000 is an annual ranking of the top 2000 Public companies in the world by Forbes magazine This is a list of the world's largest public and private businesses by gross revenues. The S&P 500 is a Stock market index containing the stocks of 500 Large-Cap Corporations all of which are from the United States. com.
  2. ^ Wal-Mart beats Exxon Mobil to remain atop Fortune 500 list, Los Angeles Times

External links

The Los Angeles Times (also known as the LA Times) is a daily Newspaper published in Los Angeles California and distributed

Dictionary

Fortune 500

-noun

  1. (singulare tantum) The list published annually by Fortune magazine, numbering five hundred, of the highest-revenue United States companies.
  2. (plurale tantum) Collectively, the members of that list.
  3. (by extension, informal, countable) Any one member of that list.
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