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Reuters - Stocks slid on Wednesday after Best Buy , the largest U.S. electronics chain, lowered its outlook, heightening fears about a deeper economic slump AMD tempering hopes for an auto industry bailout by Washington.
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Reuters - Oil fell almost 4 percent to nearly $57 a barrel on Wednesday, its lowest for 20 months, on expectations of weaker energy demand and as global stock markets headed downwards.
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Reuters - Macy's Inc reported a quarterly loss on Wednesday as shoppers curbed trips to the mall and avoided all but the most crucial of purchases as the economic crisis deepens, but the department store operator beat Wall Street estimates, sending its shares up 3 percent.
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Reuters - Best Buy Co Inc , the No. 1 U.S. electronics chain, slashed its fiscal 2009 profit forecast on Wednesday, driven by weak consumer spending heading into the crucial holiday selling season.
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