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In a November 3 article, the Wall Street Journal reports that corporate cash holdings have reached extraordinary levels: Stung by the financial crisis, companies are holding more cash — and a greater percentage of assets in cash — than at any time in... Full Article at Independent Institute
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In the summer of 2008, steel giant Nucor decided to raise some cash. It issued new shares of stock and floated some corporate bonds. Full Article at The Seattle Times
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David Gardner called it. He’s up 1,334%! See what David’s recommending that you buy NEXT. Full Article at Motley Fool
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Washington, November 2 — The Wall Street Journal said in a report Monday that U.S. companies are hoarding the highest cash in the last 40 years, despite being hurt by the global meltdown. Full Article at 24x7updates
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The Wall Street Journal published a front page article this morning regarding how many companies are hoarding record high levels of cash. Full Article at Seeking Alpha
Related Quotes
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The concern is that they're not using those balance sheets, that they're not out investing or hiring. And until they do, the economy is not going to engage, and there is always the risk that we're going to fall back into recession
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I think it's because of the new media
– Tom Campbell SOURCE: Daily Breeze -
Cash is high. Interest coverage ratios are low. And big businesses are able to issue bonds pretty cheaply
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A lot of people took advantage of it
SOURCE: South Florida Sun-Sentinel
