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Earnings Report

Sears 1Q revenue falls 31%

Sears reversed direction in the first quarter, reporting a loss where it had a profit a year ago.

Best Buy 1Q comparable sales jump, shares up

The Richfield, Minnesota-based company's net income rose to $208 million, or 72 cents per share, in the quarter, from $188 million, or 60 cents per share, a year earlier.