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S&P warns that while cash hoarding and under-investment by U.S. corporations may have helped...
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Wednesday, December 12, 2012, 5:12 AM ETS&P warns that while cash hoarding and under-investment by U.S. corporations may have helped them through the financial crisis, it is "unsustainable," and may be exposing them to "competitive disadvantages in product innovation, manufacturing efficiency and technology." With firms cutting an estimated $175B in investment from 2009-2011, leading non-financial companies held a record $1.26T in cash balances as of June this year.
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This news story has 2 comments:
What a bunch of hog wash.
long time passing
where have all the jobless recovery pluggers gone
long time ago
where have all the jobless recovery pluggers gone
blaming it on the gov't, everyone
when will they ever learn?
when will they ever learn?
when you foul, you put your hand up, no?