Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Hunt who wrote (27109)	1/27/1999 5:59:00 AM
From: John Hunt	Read Replies (1) of 116762

Why Firms Prefer High Stock Price to Low Debt << Something is going to have to give soon on the financial front for nonfinancial corporations, according to economists at Goldman Sachs & Co. Over the 12 months ended last September, nonfinancial corporations accumulated an additional $359 billion in credit market debt. That was up 72 percent from the rise in the year ended September 1997 and was a record increase for any four-quarter period. One reason for all the borrowing was that funds generated by the firms internally from profits and depreciation charges all but ceased to grow. At the same time, the corporations continued massive capital spending programs while pursuing the largest stock buyback efforts in history. -- cont'd -- >> washingtonpost.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next