Top 20 cash-rich American companies (To go with: US wallows in debt but its firms hoard $2 trillion in cash)
August 8th, 2011 - 11:40 am ICT by IANSWashington, Aug 8 (IANS) Here is the Standard and Poor’s list of top 20 US companies sitting on $1.4 trillion in cash, even as the debt-ridden world’s largest economy had to face an embarassing ratings downgrade last week:
1. Citigroup $526 billion
2. JPMorgan Chase $414 billion
3. Wells Fargo $112 billion
4. General Electric $82 billion
5. Microsoft $53 billion
6. Google $39 billion
7. Oracle $29 billion
8. Apple $28 billion
9. Johnson & Johnson $27 billion
10. Pfizer $24 billion
11. Chevron $18 billion
12. Coca-Cola $14 billion
13. Intel $12 billion
14. IBM $12 billion
15. Exxon Mobil $10 billion
16. Walmart $9 billion
17. Schlumberger $5 billion
18. AT&T; $4 billion
19. Procter & Gamble $3 billion
20. Philip Morris $2 billion
- US wallows in debt but its firms hoard $2 trillion in cash - Aug 08, 2011
- US dominates global leading brand list - Sep 16, 2010
- Apple topples Google as top global brand - May 10, 2011
- Coca-Cola eyes Olympic market in Russia - Sep 26, 2011
- Bottling firm to invest $1.1 bn in Colombia, Brazil - Mar 01, 2012
- Coca-Cola opens $120 mn plant for 2014 Winter Olympics - Sep 26, 2011
- Apple now most valuable global brand - May 09, 2011
- India, China sales boost Coca-Cola profits - Feb 10, 2010
- Coke profits soar to $6.8 bn riding India, China sales (Lead) - Feb 10, 2010
- Kerala children walk to support rural students - Sep 18, 2011
- US stocks decline on recession remark, retail sales drop - Oct 16, 2008
- IBM to buy AT&T subsidiary 'Sterling Commerce' for $1.4 billion - May 24, 2010
- Coca-Cola is 'Britain's biggest brand' - Mar 13, 2011
- Pandit's Citi, Sanjay Jha's Motorola among top losers - Apr 21, 2009
- Mexican bottler to build $140 mn plant in Brazil - Dec 07, 2011
Tags: chase, chevron, citigroup, coca cola, economy, exxon, exxon mobil, general electric, google, intel, johnson johnson, oracle, pfizer, philip morris, procter gamble, schlumberger, trillion, walmart, week 1, wells fargo