Corporate Cash Piling up as Brexit Vote Nears
A vote would cost U.S. based-companies money in currency swings, a shrinking market for their wares, and possible relocation costs, experts say.
After accumulating cash in the fourth quarter of 2014, finance execs forecast greater spending this quarter, according to AFP.
Too Much Cash?
Corporate balance sheets are swelling with cash, reaching $1.8 trillion at the end of 2012. Many accuse companies of hoarding, but there’s more to the story.