U.S.
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Mounting Liquidation Fears Squeeze U.S. Stock Market |
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Written by Administrator
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Thursday, 06 March 2008 |
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Stocks fell Thursday as a smattering of missed margin calls by firms holding soured credit bets spurred fears that a deluge of similar developments might be on the way. The Dow Jones Industrial Average was recently down 154.76 points, or 1.3%, at 12100.23, hurt by declines of more than 2% in each of its three banking components. The Nasdaq Composite Index was down 1.2%, or 27.26 points, at 2245.55. The Standard & Poor's 500 was off 1.6%, or 21.04 points, at 1312.66, led by its financial sector, off 2.9%. |
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Last Updated ( Thursday, 06 March 2008 )
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Facebook CEO Seeks Help as Site Grows Up |
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Written by Administrator
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Thursday, 06 March 2008 |
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Google Veteran to Be
Zuckerberg's No. 2;
Search for Revenue By VAUHINI VARA
March 5, 2008; Page A1
Mark Zuckerberg, Facebook Inc.'s 23-year-old chief executive, is finding that he and his company have to grow up at Internet speed. The latest sign: He has poached a top Google Inc. executive, Sheryl Sandberg, to help expand his social-networking company. |
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Last Updated ( Thursday, 06 March 2008 )
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