Large corporations sitting on piles of cash »
Posted By berkeley 1 week, 5 days ago in Business & FinanceNucor isn't alone. The balance sheets of large U.S. corporations are for the most part in good shape. Many big companies have piles of cash on hand and credit markets have thawed so that they can raise new funds. Between Jan. 1 and Nov. 2, U.S. corporations overall raised $740.8 billion by issuing bonds, up from the $522.2 billion raised during the same period last year and almost as much as the $779.8 billion raised in the go-go year of 2007.
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berkeley
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alanocu1 week, 5 days ago
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Good. I hope the pile of cash grows bigger. That's a good sign of a healthy corporation, one in which is ideal for owning shares. I especially enjoy listening to Michael Moore-on bitch and moan about the same companies in which he owns shares.
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And the best part is I get to sit back while the market forces fan me while feeding me grapes.
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