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As Gold Prices Surge, Cash-for-Gold Frenzy Fades

Handing out flyers at the corner of 47th Street and Fifth Avenue in New York City's Diamond District, Mariabi Peenya is having trouble finding passersby eager to sell their gold jewelry for cash.

Vampire Bat Induced Human Rabies Kills Teenager in US

Vampire Bat
A Mexican teenager is the first officially known person to die from vampire bat bite and infection with human rabies. The 19-year-old victim was a migrant farm worker from Michoacan, who got bitten on the heel by a vampire bat in July.

Cisco bulls may underestimate tough road ahead

A pedestrian walks past the Cisco logo at the technology company's campus in San Jose
Cisco Systems Inc (CSCO.O) still faces tough challenges with tight public spending and fears of a new economic downturn, analysts warned, after the giant Silicon Valley company ended a year's worth of disappointing sales forecasts.
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Cisco beats estimates, stock jumps

Cisco Systems Chief Executive John Chambers gave Wall Street a set of quarterly results investors could cheer about for the first time in over a year.
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Jobs data strikes optimistic note for economy

The number of Americans claiming new jobless benefits fell to a four-month low last week, a sliver of hope for an economy battered for days by a credit rating downgrade and falling share prices.
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Cisco jumps as revenue outlook calms investors

Shares of Cisco Systems Inc surged 17 percent on Thursday, a day after it forecast a modest increase in current-quarter revenue, following months of uncertainty surrounding its business.
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Cisco surpasses low expectations, shares pop

Cisco Systems Inc (CSCO.O) forecast slim revenue growth this quarter, a pleasant surprise to investors bracing for a sharp pullback in global technology spending that sent its shares soaring 10 percent.
Rebecca Esquibel, 30, and Nathan Glidden, 29, and their one-month-old daughter Aliyah at a Bank of America mortgage modification outreach event in Los Angeles

Most Americans say U.S. on wrong track: pol

Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said on Wednesday.
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Cisco's Q4 beats Street view, focus on outlook

Cisco Systems Inc's quarterly results edged past Wall Street's scaled-back expectations as IT spending held up despite fears of a severe pullback, buoying its shares in extended trading.
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Most Americans believe U.S. on wrong track: poll

Economic fears are weighing heavily on Americans, with a large majority saying the United States is on the wrong track and nearly half believing the worst is yet to come, a Reuters/Ipsos poll said Wednesday.
IBM

IBM Drops 'Blue Waters' Supercomputer Project

International Business Machines (IBM) has terminated its contract with the University of Illinois to build a supercomputer for the National Center for Supercomputing Applications (NCSA), citing technical and financial constraints.

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