Bloomberg News

U.S. Corporate Overseas Cash Hoard Grows by $187B

March 02, 2012

Bloomberg's Julie Hyman reports that U.S. companies led by General Electric Co. and Pfizer Inc. stockpiled an additional $187 billion in untaxed overseas profits over the past year, boosting their offshore holdings by 18.4 percent, according to data compiled by Bloomberg. She speaks on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)

Running Time: 02:55


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