RAPAPORT...Press Release: The Jewelers Vigilance Committee (JVC) has been notified that on April 2, 2012, the U.S. Supreme Court denied a petition for certiorari filed by members of the indirect purchaser class. A second petition for certiorari filed by another member of the indirect purchaser class is still under consideration by the Supreme Court. The…
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Polished Trading Advances on Steady Far East, U.S. Demand
Rough premiums rise as market sentiment improves. Polished trading advancing on steady Far East and U.S. demand. India's polished trade slumps in Feb. with exports -54% to $1.4B, imports -80% to $476M, rough imports +21% to $1.3B. Indian domestic market cautious as jewelers strike against tax hike on precious metals imports. U.S. retail demand stable:…
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Rapaport Weekly | Feb 22, 2012
U.S. Chain-Store Sales +3% Year-on-year comps rise steadily. Feb 22, 2012 7:48 AM By Jeff Miller RAPAPORT… U.S. chain-store sales rose 3.2 percent year on year this past week, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs. For the week that ended on February 18, the group noted a 3 percent increase…
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