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US Market News
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Salesforce.com shares plunge on growth concerns (AP)
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Salesforce.com Inc.'s stock price plunged more than 18 percent Thursday amid fears that the Internet software service is headed for a slowdown as the flagging economy makes it more difficult to sign up new customers. (Thu, 21 Aug 2008 23:14:14 Etc/GMT)
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Oracle's Ellison grabs top spot on best-paid list (AP)
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Oracle Corp. founder Larry Ellison, a longtime fixture on the list of the world's richest people, is now ensconced atop The Associated Press' rankings of the top-paid chief executives in the United States. (Thu, 21 Aug 2008 22:55:35 Etc/GMT)
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Barnes & Noble, Burger King are big movers (AP)
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Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE (Thu, 21 Aug 2008 22:52:26 Etc/GMT)
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Business Highlights (AP)
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Merrill Lynch & Co., Goldman Sachs Group Inc. and Deutsche Bank on Thursday joined other major financial companies in settling with regulators over their roles in selling risky auction-rate securities to retail investors. (Thu, 21 Aug 2008 22:26:09 Etc/GMT)
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Gap profit beats Street as PacSun outlook disappoints (Reuters)
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Gap Inc reported quarterly profit on Thursday that jumped 50 percent to beat Wall Street estimates, as cost-cutting and other moves offset declining sales at its family of chain stores. (Thu, 21 Aug 2008 22:24:32 Etc/GMT)
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