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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (14298)	7/8/2013 8:36:25 AM
From: John Pitera	2 Recommendations Recommended By ajtj99 architect* Respond to of 33421

Fortune has come out with their list of the top 500 Globally Public Traded companies *Here is a list of the TOP 10________________________________________* as we can see Exxon Mobil Lapped the field as being almost twice as profitable earning 45 Billion dollars as number two Volkswagen which in at 28 billion and Number 3 Royal Duch Shell *was just a tad under that.* So Standard Oil, The Large German auto Maker and the Anglo Dutch Royal Dutch Shell were the big 3 in profiability...... (remember Enron came in number 7 in revenue.... the year that they lost so much money they went out of business and the leaders, committed suicide, died and went to Prison.so topline numbers can be deceptive.) there are 3 Chinese companies in the top 10 and 6 of the 10 are oil companies... which shows that energy is still king.....although Banking, Insurance, Real Estate and specialists in other asset classes still are key players. John