cash reserves


Why investors punish Apple: liquidity, growth and apocalypse

By Luis Arroyo, in Madrid | The FT has published a very good article by John Authers on the unusual business practice that American companies maintain with their shareholders. As Authers says, at present, non-financial companies possess a cash cushion of 6% of their total assets, something that has never been witnessed in the last six decades. The companies, with large profits (profits have risen to their highest level since the…