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Ross Stores Chairman Sells Shares



27 March 2008 @ 03:56 pm EST

NEW YORK (AP) - The chairman of discount-clothing retailer Ross Stores Inc. sold 4,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.

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ROST 34.57 0.75

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In a Form 4 filed with the SEC, Norman A. Ferber reported selling the shares on Monday for $30.93 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Ross Stores is based in Pleasanton, Calif.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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