Higher operating cash flows are leading to more excess cash, but companies are still reluctant to venture outside of low-yielding investments.
Tired of little or no return, treasury departments are once again reaching for yield on their cash balances. Are the risks worth it?
As safe havens for short-term funds disappear, companies weigh whether to assume some risk in return for a modest yield.
Tempted by a project with high internal rates of return? Better check those interim cash flows again.
Issuance of zero-coupon convertible bonds is booming. And that makes them a juicier target for the IRS.
More companies are opting to issue now, pay later.
