Wal-Mart gets top spot on Fortune's most-admired list

02/24/2004 | CNN

Fortune magazine's list of most-admired companies has Wal-Mart at the top for the second consecutive year. Other notables: IBM knocked Procter & Gamble off the top-ten list, grabbing the No. 10 spot, while McDonald's soared to No. 2 from No. 7 in the food services sector. The magazine also reports a rebound in corporate admiration over last year's survey.

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