During the first three months of the year, American corporations increased their cash holdings, but a large number of companies expect to see a drop in cash reserves by the end of the second quarter.
According to data from the Association for...
J.C. Penney. is in talks with financiers led by Wells Fargo on a new loan to help shore up the company's cash reserves, people familiar with the matter said.
Marking a milestone in the economy's recovery, states are boosting cash reserves to the highest levels since 2008, giving lawmakers the luxury of arguing over how to use the cash.
Analysts who have met top Infosys officials were positively surprised by the attitude of the company to questions regarding its Rs 22K cr cash reserves.