Seeking Alpha

The biggest U.S. firms generate only around a third of their revenue abroad, but a large number...

The biggest U.S. firms generate only around a third of their revenue abroad, but a large number keep their ever growing cash mountains overseas and away from the IRS. It means that the likes of Emerson Electric (EMR), which has around $2B of cash in Europe and Asia, have to resort to borrowing to pay dividends or buy back shares.
Comments (1)
  • BlueOkie
    , contributor
    Comments (7473) | Send Message
     
    It is our stupid tax poicy that puts corps at a disadvantage. Let's bring home the cash and create jobs here. Hello! Mr President.
    4 Dec 2012, 07:30 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs