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Chain Store Sales Grew 0.7% in Week Ended Dec. 22

DEC 26, 2012 8:25am ET

Chain store sales increased 0.7% in the week ended Dec. 22, as last-minute holiday shopping spurred sales, according to the ICSC-Goldman Sachs Weekly Chain Store Sales Snapshot released Wednesday.

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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.

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