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ArtikelThe Year of Living Profitably  
Oleh: Tully, Shawn
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Fortune vol. 165 no. 7 (May 2012), page 97-99.
Topik: Profitable Company; US Company; Economic Conditions
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  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: FF16.47
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelAmerica's biggest companies smashed records for earnings in 2011. Too bad the party can't last. Given the sluggish recovery and a strapped consumer, you'd expect to see corporate America trudging along, not racing for glory. In fact, the Fortune 500 are thriving as a group. Unlike the U.S. economy, they've shown quicksilver agility, rapidly shifting their product mix and producing more goods at little new cost. This nimbleness belies the immense size of these companies and, frequently, their advanced age. For example, banking giant Wells Fargo (No. 26) celebrated its 160th anniversary with profits of $15.9 billion, up 28% over 2010. "We've been able to prosper in these difficult times by innovating, whether promoting banking on mobile devices or growing our mortgage business when others are leaving," says Wells Fargo CFO Timothy Sloan.
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