编辑: 颜大大i2 | 2014-06-07 |
1 like about the Fortune
500 Iist The Fortune
500 isn'
t made for light reading. (8) The
500 is based on U. S. - based companies'
publicly reported revenue , not on any quality-based metrics: You get high- grade companies such as Warren Buffett'
s Berkshire Hathaway (No. 7) nestled near utter dogs such as Fannie Mae (No. 5). (9) 一一一一一 My favorites: LeBron who? Last summer , Cleveland sustained a psychic trauma when basketbal1 star LeBron James dumped the Cavaliers and went to Miami. Now the home of the Rock and Rol1 Hal1 of Fame has gotten a little mojo back by adding a company to the Fortune 500: Cliffs Natural Resources. (10) 一一-一一一It could have been better for Cleveland , though. The company used to be known as Cleveland-Cliffs Inc. but renamed itself in
2008 , saying , We'
re no longer only a North American iron ore player. LeBron-Cliffs , anyone? Chrysler returns. The automaker fel1 off the list
13 years ago , when it was acquired by Daimler-Benz Clater DaimlerChrysler) in what proved to be one of the worst corporate deals ever , right up there with Time Warner (owner of Fortune'
s publisher) selling itself to AOL in 2001. Daimler dumped Chrysler onto the Cerberus leveraged-buyout firm , which put up almost nothing but still overpaid. (11) 一一一__ It has no publicly traded stock. Under the terms of its federal bailout, however , it has to file financial reports with the SEC , so it'
s list-eligible again. We1come back , No. 59. Exit Unisys. Enter Cognizant. These two information technology firms are heading in opposite directions. (1 2) 一一_ But the company'
s revenue dropped in
2010 , and this year it'
s fal1en off the list , to No. 520. Meanwhile, Cognizant , on Fortune'
s list of fastest-growing companies for a record eight straight years , has grown its way into the
500 (No. 484) only three years after first making the Fortune
1 ,000. (1 3)一一一 Unisys , by contrast , was formed in
1986 by combining old-line computer companies Burroughs and Sperry. Finally, Buffett. His Berkshire Hathaway cracked the top
10 in revenue and profit for the first time because last year it bought the
78 percent of Burlington Northern that it didn'
t
1422 already own. (Buffett , a longtime director of The Washington Post Co. , steps down this month.) As part of that deal , Buffett split Berkshire Hathaway'
s B shares
50 for 1. (14) 一一一 So
1 decided it was time to sell half my Berkshire stake , held in an IRA, into the run-up. The stock'
s since risen
10 percent. Oh , well. Yet another example of why he'
s Warren Buffett and
1 write for a living. Now match the statements (8-14) to the leUer (A , B , C or D). A Unisys was one of only
62 companies to have been in the
500 every year since Fortune started the list in 1955. B Cliffs , which is heavy into iron ore pellets , coal and other industrial raw materials , doubled its revenue with the aid of acquisitions and leapt to No.
477 on this year'
s list from No.
750 last year. C Cognizant , formed in
1994 , is a creature of the offshoring world , with most of its development centers in India. D
1 found some of this year'
s corporate comings and goings especially interesting. E That go........