The Daily Gazette
The Locally Owned Voice Of The Capital Region

Companies putting cash to work

Text Size: A | A

We should all be in such a bind: having more cash on hand than we know what to do with. That’s the dilemma facing many corporate CEOs. According to the latest estimate from the Federal Reserve, U.S. companies are sitting on some $1.7 trillion in liquid assets, defined as cash and securities easily converted to cash. It’s why cash played a big role in some of the mega-deals announced recently. When Comcast Corp. said last ...

You Must or Subscribe to Continue
subscribe to the Daily Gazette
Individual stories can be found and purchased from our Archives for $2.00

Enjoy this story? Share it!



There are currently no posts. Be the first to comment on this story.