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* Circuit City Group reported a 60%...

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(Bloomberg News)

* Circuit City Group reported a 60% jump in quarterly profit and said W. Alan McCollough will succeed Richard Sharp as chief executive in June. Sharp, 52, will remain as chairman. The electronics retailer’s net income rose to $52.3 million, or 26 cents a share, in its fiscal third quarter as sales grew 10% to $2.5 billion.

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