UPDATE 1-Weaker consumer cos hit amid ongoing consumer woes


(Recasts, adds closing stock prices) By Alexandria Sage SAN FRANCISCO, June 23 (Reuters) - Financially shaky companies selling nonessential products to U.S. shoppers took a heavy beating from risk-averse investors on Monday, as one investment bank switched course and predicted the consumer sector would continue to falter in coming months. Fears that consumers will shrink away from buying anything they don't really need given the rising jobless rate, housing crisis and higher food and ...

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