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Fortune 500 has new No. 1

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Exxon Mobil knocked Bentonville, Ark.-based Wal-Mart from its four-year reign as the nation’s largest company, according to the 2006 edition of the Fortune 500, issued today.

High oil prices helped Exxon Mobil rake in $340 billion in sales and enjoy a 42.6 percent earnings increase during 2005. Wal-Mart ranked No. 2 with more than $315 billion in 2005 revenues.

Ten Missouri companies made the Fortune 500 – Emerson Electric, St. Louis, No. 126; Express Scripts, Maryland Heights, No. 134; Anheuser-Busch, St. Louis, No. 146; Ameren, St. Louis, No. 324; Monsanto, St. Louis, No. 336; Leggett & Platt, Carthage, No. 404; Charter Communications, St. Louis, No. 413; Peabody Energy, St. Louis, No. 453; H&R Block, Kansas City, No. 467; and Graybar Electric, St. Louis, No. 476.

Springfield’s O’Reilly Automotive made the list at No. 796 with revenues of more than $2 billion.

Twenty-eight Missouri companies made the magazine’s annual top-1,000 list.

American corporations had record amounts of $9.1 trillion in sales and $610 billion in profits in 2005.

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