Record start for holiday shopping
If you make it convenient for shoppers, they will come.
It’s estimated that U.S. shoppers hit stores and websites at record numbers over the four-day Thanksgiving weekend, according to a survey released by the National Retail Federation on Sunday.
A record 247 million shoppers visited stores and websites over the four-day weekend, up 9.2 percent from last year, according to a poll of 4,000 shoppers by research firm BIGinsight.
Total spending over the four-day weekend totaled $59.1 billion, up 12.8 percent from 2011.
Pressing for aid deal
European Central Bank official Joerg Asmussen saysSFlbhe hopes eurozone countries will clear the way today for Greece to receive its next aid installment, stressing that a deal will require movement from all involved.
Eurozone finance ministers are trying to reach a deal after failing last week.
Asmussen was quoted Sunday as telling German daily Bild that measures to plug that financing gap should include “a significant reduction of interest rates on the aid loans and a debt buyback by Greece.”
Vindicator wire reports
Selected local stocks
Aqua America, .66, 24.92 .05
Clear Channel, .73 70.99 —.46
Cortland Bancorp, 10.35.10
Farmers Nat., .125.98 —.02
First Energy, 2.20, 41.07—.13
FirstMerit Corp., .64,13.99 .29
First Niles Financial, .32,6.75.00
First Place Fin., .023.01
FNB Corp., .48,11.02.19
General Electric, .68,21.04.36
Motors Liquidation, .0422.00
Huntington Bank, .16, 6.24.13
JP Morgan Chase, 1.20,41.09.36
Key Corp, .20,8.45.16
LaFarge, 14.36 .36
Macy’s, .80, 41.73.72
Parker Hannifin, 1.64, 81.431.33
RTI Intl. Metals,24.34—.02
Simon Prop. Grp.,4.40,151.571.36
Stoneridge 4.79 .07
United Community Fin. 3.11.10
Selected prices at 4 p.m. Friday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.