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* EBay Inc. founder and Chairman Pierre Omidyar reduced his holdings in the world’s largest Internet auctioneer by 2.5%, selling 3 million shares to invest in Montage Hotels & Resorts. The hotel company is seeking approvals to build a 222-room hotel in Beverly Hills.

* Nissan Motor Co. said worldwide sales in the fourth quarter increased 12% to 719,696 vehicles. Sales in the United States rose 15.3% to 198,946.

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