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ALTAVEST Commentary for 5.21.2013
Retail sales data for the week ending May 18 was decidedly mixed. ICSC-Goldman Store Sales reported a healthy 0.2% weekly jump, lifting the year/year sales gain to 3.1%. Redbook reported a 0.4% drop in its annualized sales pace to 2.4% year/year. Apple, Inc.'s CEO, Tim Cook, was accused of tax-avoidance more...