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Corporate Debt Continues to Skyrocket As Companies do Little to...
2015-06-16 16:32:29| IT Services - Topix.net
REL's 2015 Working Capital Survey Finds Cash Flow Improvement Opportunity of More Than $1 Trillion;Top Performers Hold Half the Inventory, Collect from Customers Two Weeks Faster, and Pay Suppliers More Than Two Weeks Slower MIAMI & LONDON-- -- In today's business world, the old adage "Cash is King" is being replaced by "Debt is King," according to the results of the 17th annual working capital survey from REL a division of The Hackett Group , Inc. , and CFO Magazine. The study, which examines the working capital performance of nearly 1000 of the largest public companies in the U.S., found that companies continue to take on alarming amounts of debt.
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little
companies
corporate
US stocks decline amid Greek debt standoff, factory data miss
2015-06-16 03:40:51| Semiconductors - Topix.net
U.S. stocks retreated, with the Standard & Poor's 500 Index slipping below its average price during the past 100 days, after weekend negotiations between Greece and its creditors broke down and factory data were weaker than forecast. Industrial shares led declines as United Technologies Corp. dropped 2.5 per cent after lowering its 2015 profit target amid weakness at the Sikorsky helicopter unit being targeted for divestiture.
CBN to clear gas legacy debt, pays gas suppliers N6.9b
2015-06-14 02:39:12| Oil & Gas - Topix.net
By Emma Ujh, Abuj Bureau Chief The Central Bank of Nigeria, CBN, yesterday paid gas suppliers the sum of N 6. 9 billion as part of its Nigerian Electricity Market Stabilisation Fund set aside to ensure a steady power supply to the Nigerian public. The Governor of CBN, Mr. Godwin Emefiele, who handed cheques to seven companies in Abuja, said that the facility was a part payment for debts owed the gas suppliers by electricity Distribution Companies, Discos, across the country.
Greek bank stocks fall on debt fears
2015-06-12 12:34:38| BBC News | Business | UK Edition
Shares in some of Greece's biggest banks fall sharply on the Athens Stock Exchange, following a fresh blow to the country's debt negotiations.
Greek debt talks 'must intensify'
2015-06-11 05:24:09| BBC News | Business | UK Edition
The leaders of Greece, France and Germany agree to "intensify" negotiations with Athens' creditors, but talks showed little sign of progress.
Tags: debt
greek
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