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Politics : Welcome to Slider's Dugout

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From: RonMerks	9/18/2007 1:33:42 PM
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Best Buy Blows Out The Bears! Oh No- first the financials, now the retailers. The second coming of the great depression must wait at least another day <vbg>. marketwatch.com Best Buy beats profit forecasts, lifts annual outlook By Andria Cheng, MarketWatch Last Update: 1:08 PM ET Sep 18, NEW YORK (MarketWatch) -- Best Buy Co. reported an 8.7% rise in second-quarter profit Tuesday, trumping expectations for a fall in that number, as international demand and sales of flat-panel television and video game products surged. It also raised the bottom end of its profit forecast range for the year and said it has bought a minority stake in Carphone Warehouse Group Plc (UK:CPW: news, chart, profile) , Europe's top cell phone retailer, as the largest U.S. electronics retailer rolls out its Best Buy Mobile stores and expands in Europe. Best Buy shares had jumped 4.3% to $46.46 by midday. Shares of Carphone Warehouse rose 6% in London. Ron

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