U.S. corporations held larger cash balances in their treasuries at the end of last year than they did for the previous quarter or the previous year.

The most recent AFP Corporate Cash Indicators report from  the Association for Financial Professionals showed that quarter-to-quarter, 37 percent of reporting organizations had greater cash balances at the end of the fourth quarter of 2012 than they had at the end of the third quarter. Meanwhile, 32 percent had cut cash reserves.

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