Monday, August 15, 2011

Top 500 U.S. Firms Increase Holdings 59% Since 2008

Top 500 U.S. Firms Increase Holdings 59% Since 2008

New figures were released showing that amidst high unemployment and economic stagnation, the nation’s top 500 non-financial companies are sitting on $1.12 trillion in cash and short-term investments. According to the Wall Street Journal, the figure marks a 59 percent increase from 2008.

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