Large Cap Companies Shrink Their Liabilities by 8.2%

Large cap companies on the S&P 500-stock index have shrunk their liabilities by 8.2%. Liabilities comprise of short and long term debt owed by the company, along with other financial obligations like the company’s contribution towards the pension funds. This trend is an indication of how companies have been shedding off the extra baggage to survive better in the hard times. [Read more…]