Largest Companies in the World 9 comments
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Below we highlight the 30 largest companies in the World by market cap ($). As shown, Exxon Mobil (XOM) is the top dog by about $70 billion. Exxon is trailed by another energy company, Petrochina (PTR), then General Electric (GE) and Microsoft (MSFT).
Eleven of the top 30 are based in the United States. The Energy sector has the largest representation at 8, followed by Technology at 5. Only 3 companies in the top 30 are up in 2008 -- Wal-Mart (WMT), IBM (IBM) and Johnson & Johnson (JNJ). And Apple (AAPL) and Google (GOOG) followers will be happy to see them ranked 25th and 26th in the world.
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This article has 9 comments:
Also interesting to see that almost all the firms are down year to date except Wal-Mart and J&J. (would expect to see a higher percentage of larger firms, which are expected to be more "safe" than smaller firms, holding their own in a down market).
You must be in management. Very even sided comment.
It's not just unions, but also management that can be excessive and seriously hurt the bottom line with tremendously bloated salaries and perks. The Golden Mean of the ancient Greeks, nothing in excess, is what we have to follow even now. Companies need to act ethically, workers too. So do we as consumers need to think of others.
When we're buying our cheaper goods from China, we are all supporting an immoral, criminal regime and acting irresponsibly towards U.S. and Canadian workers. When North American executive is making many millions while his/her workers are getting $8.00 (give or take a buck) an hour, s/he is being immoral--although perhaps not acting illegally. Society (we family members) need to teach our children to think about what's responsible and correct--not how can I take financial advantage of the people whom I work with. We need to stop pointing the finger at the other people, but develop a sense of fair play in ourselves, our colleagues and families. In the long run much more good for the company and the individuals involved is accomplished that way.
And the bargain of your life in O&G...
"The production of energy is the moving force of world economic progress"V.Putin
Dangers of capital loss are no more than anywhere else..gain potential worth it...i beleive..good luck investorsI