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Current DateTime: 11:31:12 30 Nov 2009
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  • The Cost of True Love

      In the popular holiday song "The 12 Days of Christmas," the cost of gifts - from the 12 drummers drumming to a partridge in a pear tree - is quite pricey.

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Current DateTime: 11:31:12 30 Nov 2009
LinksList Documentid: 33793611
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Current DateTime: 11:31:13 30 Nov 2009
LinksList Documentid: 24890560
  • Holiday Central

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  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

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Wholesale Inventories Rose Less than Expected, Up 0.2%
By: Reuters | 07 Sep 2007 | 11:05 AM ET
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Inventories on U.S. wholesalers' shelves rose by a smaller-than-expected 0.2 percent in July, as auto and electrical goods inventories declined, the weakest inventory rise since a December decline, a Commerce Department report showed on Friday.

Inventories rose to $398.8 billion in July. Analysts polled by Reuters were expecting a 0.4 percent rise in wholesale inventories.

Sales rose 0.1 percent to $359.1 billion, the weakest showing since January, as gains in auto and furniture sales offset declines in lumber and computer equipment sales.

Lumber sales were off 3.2 percent, and fell 12.1 percent from July 2006, a reflection of declines in the housing market.

The stock-to-sales ratio, a measure of how long it would take to deplete stocks at the current sales pace, held steady at 1.11, matching the lowest on record.

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