In addition, they remain extremely conservative about how they "invest" excess cash.
Higher operating cash flows are leading to more excess cash, but companies are still reluctant to venture outside of low-yielding investments.
Once the SEC solidifies money market reforms, other investment vehicles could grow in popularity -- assuming that finance executives are willing to give up a little liquidity.
More than half of the short-term cash on U.S. companies’ books is held in bank deposits. But is that evidence of a renewed faith in banks?
Companies are hesitating to spend their cash stores, says a recent survey.
Finance chiefs and other business executives expect their own firms to grow but are wary about the U.S. economy, says a new survey.
