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Wall Street Lower After Earnings Reports

Oct. 21, 2008
Shares lost ground as investors took in quarterly earnings results and news that the billionaire investor Kirk Kerkorian had begun to sell his stake in Ford.
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Kerkorian begins selling Ford shares

DETROIT, Oct. 21 (UPI) -- Investment billionaire Kirk Kerkorian has begun to divest his portfolio of U.S. automaker Ford Motor Co. shares at a considerable loss, his company said.

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