Public companies world-wide continue to hoard a significant portion of their assets in cash and cash equivalents rather then investing them. Large US firms are among the top hoarders of cash. There are a few logical reasons for holding cash such as taxation on profits repatriated to the US from overseas. But the negative effects …
Continue reading ‘The Top 25 Global Public Cash-Rich Companies’ »
Fortune magazine recently published its famous Fortune Global 500 list. The top 10 companies from the ranking for 2016 are shown in the table below: Source: Fortune US retailer Walmart(WMT) is the world’s largest firm with a revenue of over $482 billion. The second spot went to Chinese utility State Grid. The importance of oil …
The global shipping industry is dominated by a few companies. With more mergers planned, the industry’s concentration among a few players is going to get bigger. The companies in the industry are huge and are critical to global trade as they operate container ships that transport from one part of the world to another. The world’s …
Continue reading ‘The Top Global Container Shipping Companies’ »