Companies remain very conservative with cash, survey shows

11/29/2012 | Wall Street Journal/CFO Journal, The

Companies are sitting on cash because of economic uncertainty, a SunGard report says, citing a survey of treasury professionals that found 37% said they had increased surplus cash during the past 12 months, and 40% kept cash levels steady. The survey also noted the increase of cash-management centralization, with 43% of respondents saying they used a specialized center for such operations.

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