2Q14 Corporate Cash Reserves Up, Short-Term Investment Quickens
Coinciding with the SEC’s money market mutual fund ruling for corporations, the AFP Corporate Cash Indicators ® (AFP CCI), underwritten by State Street Global Advisors, revealed that U.S. businesses built cash reserves at a faster pace during the second quarter of 2014 and invested those assets more conservatively. But the burst in cash accumulation is expected to be short lived.
This Week in Corporate Finance: Shift to Safety Continues in Europe
The market had the feeling of being on a teeter-totter this past week, as general positive feelings about the U.S. economy were counter-balanced by geopolitical concerns, specifically in Ukraine and Gaza. Overseas, the flight to safety continued.
AFP EconWatch - July 28, 2014
U.S. businesses rapidly rebuilt short-term corporate cash holdings during the second quarter following the economic contraction and slow pace of cash accumulation during the opening months of 2014. This was the key finding from the July 2014 AFP Corporate Cash Indicators® released Monday.
10 Steps Every Treasurer Should Take to Handle New Money Fund Rules
Tom Hunt, CTP, Director of Treasury Services for the Association for Financial Professionals, lists 10 steps every treasurer should take to prepare for the new money market fund rules approved today by the Securities and Exchange Commission.
AFP Survey: Better Operating Cash Flows Mean Bigger Reserves
Corporate treasurers and CFOs continue to build their organizations’ cash reserves in response to improved operating cash flows, according to the 2014 AFP Liquidity Survey, underwritten by RBS Citizens. 36 percent of companies reported rising cash reserves in the last year.