Here are the 10 companies with the most cash on hand

  • 📰 CNBC
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Several companies, including Microsoft, Berkshire Hathaway, Alphabet and Apple are sitting on more than $100 billion dollars of cash, which is leading some on Wall Street to question why America's largest companies aren't spending.

round out the rest of the top 10 list. These figures include the company's cash balance as well as its short-term investments such as bonds.

"I think acquisitions are something all of these companies are thinking about as we get further along in the cycle and they look for ways to keep their top-line growth accelerating," Nomura analyst Christopher Eberle told CNBC. Berkshire Hathaway, which is known for buying entire companies, hasn't done a full-scale acquisition since 2015. In his 2018 annual report Warren Buffett addressed the lack of acquisitions, saying "in recent years, the sensible course for us to follow has been clear: Many stocks have offered far more for our money than we would obtain by purchasing businesses in their entirety."

"This proposed transaction is a major test of antitrust enforcers' will and ability to enforce the law and halt anti-competitive concentrations of economic power. It deserves an immediate and thorough investigation," said Rep. David Cicilline, a democrat from Rhode Island who is one of the leaders of the antitrust probe into Google.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Increase marginal tax rates to 50%

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

If you invested in Microsoft 10 years ago, here's how much you'd have nowMicrosoft beat out Amazon to claim a multibillion-dollar defense deal with the Pentagon. Those who invested in Microsoft 10 years ago wouldn't be sorry, especially after last month's announcement had Microsoft's stock surging. MakeIt If CNBC only reports good articles, I will be happier 🤣🤣🤣 MakeIt And under ewarren plan with taxing unrealized gains you would have ended up where you started. MakeIt Need more of these charts!!
Source: CNBC - 🏆 12. / 72 Read more »

Giambattista Valli x H&M Drop 2: 10 Looks We're Obsessed WithYou better act fast because this designer capsule collection of embroidered coats and dusters, jaw-dropped chiffon gowns and luxe snakeskin pants are selling out fast!
Source: enews - 🏆 466. / 52 Read more »

Tinder owner Match Group plunges 10% after forecasting sales that were below Wall Street targetsThe Dallas-based dating company tumbled in premarket trading, wiping nearly $2 billion off the company's market cap. Tinder was a bright spot.
Source: BusinessInsider - 🏆 729. / 51 Read more »

10 things you need to know before the opening bellThis is what traders are talking about.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Ghost Hounds Return From 10-Year Hiatus With 'Roses Are Black' Album: PremiereGhost Hounds could not have asked for a more auspicious return to active duty this year. Which 5H comes back
Source: billboard - 🏆 112. / 63 Read more »

Bruce Springsteen, Jon Stewart, and More: 10 Highlights from Stand Up for Heroes 2019A surprise Springsteen–Sheryl Crow duet, hilarious sets by Stewart and John Oliver, and other standout moments from the annual veterans fundraiser
Source: RollingStone - 🏆 483. / 51 Read more »