US Bancorp Named One of World's Most Admired Companies by Fortune

Toyota, Australia's number one selling vehicle brand, has another reason to smile this morning - the title of the Most Admired auto Company in the World.

Apple has been awarded the number one spot on Fortune's annual list of the " World's Most Admired Companies". Fortune's Most Admired Companies lists are among the most highly respected indicators of corporate performance and reputation.

"We're extremely proud of the work we've done, but I can tell you that we're just getting started", said Tom Hayes, president and chief executive officer of Tyson Foods. "This recognition honors the commitment of our team to continuous improvement and exceeding customer expectations".

Fortune starts with the thousand largest USA companies, plus the biggest non-U.S. companies from its Global 500 database, then draws up a shortlist of 680 companies based on the highest revenues within their respective industries.

Among superregional banks, U.S. Bancorp ranked No. 1 in eight of Fortune's nine key attributes of reputation: Quality of Management, Social Responsibility, Innovation, Quality of Products/Services, People Management, Use of Corporate Assets, Financial Soundness and Long-Term Investment Value.

While BMW managed to finish ahead of Toyota in the Fortune list of the Top 50 "All-Star" brands. The list was then winnowed to the highest-revenue companies in each industry, a total of 680 in 28 countries.

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