{"id":121690,"date":"2015-05-11T16:56:44","date_gmt":"2015-05-11T16:56:44","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=121690"},"modified":"2015-05-11T16:56:44","modified_gmt":"2015-05-11T16:56:44","slug":"primele-50-de-mari-companii-americane-detin-1-100-de-miliarde-de-dolari-in-numerar","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=121690","title":{"rendered":"Primele 50 de mari companii americane de\u0163in 1.100 de miliarde de dolari \u00een numerar"},"content":{"rendered":"<p>\n\u00cen total, companiile americane dispun de fonduri \u00een valoare de 1.730 miliarde de dolari, potrivit unei analize Moody&#8217;s citate de <a href=\"http:\/\/ft.com\" target=\"_blank\">Financial Times<\/a>.<\/p>\n<p>\nAnaliza Moody\u2019s a ar\u0103tat c\u0103 \u00een ultimul an a avut loc o cre\u015ftere de 4% a rezervelor de numerar ale marilor companii, excluz\u00e2nd sectorul financiar. Cre\u015fterea acestor rezerve scoate \u00een eviden\u0163\u0103 reticen\u0163a \u015fefilor de companii de a repatria banii din str\u0103in\u0103tate, chiar dac\u0103 se \u00eemprumut\u0103 pentru a finan\u0163a cheltuielile record pentru dividende, r\u0103scump\u0103r\u0103ri de titluri \u015fi achizi\u0163ii.<\/p>\n<p>\n<strong>Moody\u2019s estimeaz\u0103 c\u0103 64% din aceste fonduri, respectiv circa 1.100 de miliarde de dolari, sunt p\u0103strate \u00een str\u0103in\u0103tate, \u00een cre\u015ftere de la 950 de miliarde de dolari, respectiv 57%, \u00een urm\u0103 cu un an.<\/strong><\/p>\n<p>\n&#8220;Au avut loc prea pu\u0163ine progrese pentru o reform\u0103 a sistemului de impozitare a companiilor care s\u0103 le \u00eencurajeze s\u0103 repatrieze permanent fondurile din str\u0103in\u0103tate&#8221;, a declarat Richard Lane, analist la Moody\u2019s.<\/p>\n<p>\nAnali\u015ftii b\u0103ncii Goldman Sachs consider\u0103 c\u0103 o astfel de reform\u0103 este improbabil s\u0103 se \u00eent\u00e2mple \u00een acest an sau \u00een 2016.<\/p>\n<p>\nCosturile sc\u0103zute de \u00eemprumut au permis companiilor s\u0103 nu se foloseasc\u0103 de banii din str\u0103in\u0103tate, directorii evit\u00e2nd plata taxelor pe profiturile ob\u0163inute \u00een str\u0103in\u0103tate. \u00cen schimb, Oracle, AT&#038;T, AbbVie \u015fi Microsoft au efectuat emisiuni de obliga\u0163iuni de ordinul miliardelor de dolari.<\/p>\n<p>\nSitua\u0163ia s-ar putea schimba dac\u0103 va avea loc o cre\u015ftere a costurilor \u00eemprumuturilor. Investitorii agresivi \u00een ac\u0163iuni continu\u0103 s\u0103 preseze companiile s\u0103 returneze bani de\u0163in\u0103torilor de titluri, sub forma r\u0103scump\u0103r\u0103rilor de titluri \u015fi dividende. \u00cen acest scop, companii membre ale indicelui S&#038;P 500 urmeaz\u0103 s\u0103 cheltuiasc\u0103 \u00een acest an 1.000 de miliarde de dolari.<\/p>\n<p>\nInteresul \u015fefilor de companii pentru investi\u0163ii \u00een afaceri cu ritm rapid de dezvoltare a declan\u015fat un val de fuziuni \u015fi achizi\u0163ii, tranzac\u0163iile anun\u0163ate cresc\u00e2nd \u00een acest an cu 26%, la 1.400 miliarde de dolari, potrivit companiei de analiz\u0103 a pie\u0163ei Dealogic.<\/p>\n<p>\nInvesti\u0163iile au crescut la r\u00e2ndul lor anul trecut, cu aproape 8%, la 937 miliarde de dolari, \u00een cazul companiilor din afara sectorului financiar analizate de Moody\u2019s. Totu\u015fi, anali\u015ftii consider\u0103 c\u0103 aceast\u0103 cre\u015ftere va fi inversat\u0103, \u00eentruc\u00e2t companiile din sectorul energiei vor reduce investi\u0163iile din cauza sc\u0103derii pre\u0163urilor petrolului.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cele mai mari 50 de companii americane de\u0163in lichidit\u0103\u0163i de 1.100 miliarde dolari, din care Apple, Microsoft, Google, Pfizer \u015fi Cisco 439 miliarde dolari, \u00een condi\u0163iile \u00een care sistemul fiscal din SUA \u015fi ritmul lent al economiei globale le \u00eempiedic\u0103 s\u0103 cheltuiasc\u0103 banii c\u00e2\u015ftiga\u0163i \u00een str\u0103in\u0103tate.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[201,7148,106],"class_list":["post-121690","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-companii","tag-fonduri","tag-sua"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/121690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=121690"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/121690\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}