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IBM Stock Sags on Revenue Target Miss

IBM on Monday reported revenue and profit rose in the recently ended quarter but its stock sagged as the U.S. technology stalwart missed marks set by Wall Street analysts.

IBM made a profit of $3.8 billion on total revenue of $26.2 billion, outperforming the same period last year by seven and eight percent respectively.

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Occupy Wall Street Flexes Muscles One Month on

Exactly a month after a few hundred anti-capitalism activists set up camp in New York, the Occupy Wall Street movement has gone international and won the attention of the White House -- even if no one knows where it will go next.

Protesters sheltering under plastic tarps in the well organized camp at Zuccotti Park, near Wall Street, began their second month Monday with plans to follow up on big demonstrations that swept through the popular Times Square area over the weekend.

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Turkey Shells Northern Iraq

Turkey was shelling northern Iraq's autonomous Kurdistan region on Tuesday, a Kurdish rebel spokesman said, in the first report of Turkish bombardment in the area in more than two weeks.

The shelling began Monday night "against Khowakirk and Zab in northeast Dohuk" province, said Dozdar Hammo, a spokesman for the Kurdistan Workers' Party (PKK), which operates out of bases in Kurdistan.

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Algeria Issues Stamp to Mark 1961 Killings in Paris

Algeria's post office on Monday issued a new stamp to commemorate the massacre on October 17, 1961, of Algerian-born people in Paris by French police who were breaking up a protest rally.

The stamp, worth 15 dinars ($0.2, 0.15 Euros) shows men beating people to death and throwing bodies into the river Seine, running red with blood, during an incident 50 years ago which is seen as a stain on French history.

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UK Taxi Driver Becomes First Mummy for 3,000 Years

A former British taxi driver has become the first person in the world for 3,000 years to be mummified in the same way as the pharaohs.

Channel Four viewers will see Alan Billis turned into a mummy over the space of a few months as his body is preserved using the techniques which the ancient Egyptians used on Tutankhamun.

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U.S. Study Shows Binge Drinking Leads to Deaths, Big Costs

Binge drinking in the United States results in 79,000 deaths per year and costs $745 per person, or nearly $2 per drink, according to a government report out Monday.

The Centers for Disease Control and Prevention report uses data from 2006, the latest year for which information is available.

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Clinton in Tripoli as Rulers Seek to Crush Gadhafi Fighters’ Resistance

U.S. Secretary of State Hillary Clinton flew in to Tripoli on Tuesday as Libya's new rulers try to crush the last pockets of resistance by fighters loyal to ousted leader Moammar Gadhafi.

The first U.S. cabinet official to visit Libya since 2008 when Washington wanted to forge a new relationship with Gadhafi, Clinton is seeking to bolster ties with the new rulers and promote Libya's transition to democracy.

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U.S. Doctors Discourage TV for Babies Under Two

Like 90 percent of American parents, Matthew Sullivan allows his infant daughter and five-year-old son to watch television, videos and sometimes web-streamed content on his smartphone.

He usually limits their screen viewing to just over an hour a day, and admits that handing his phone to his 16-month-old daughter so she can watch a YouTube video can keep her busy and quiet while they run errands together.

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Kenyan Forces Advance on Strategic Somali Rebel Bases

Kenyan troops using aerial cover advanced Tuesday on a strategic rebel-held Somali town, even as Nairobi police stepped up security for fear of reprisal attacks by Islamists.

"Our forces will be concentrating on operations in Afmadow region today, they started moving there late on Monday," said Kenyan army spokesman Major Emmanuel Chirchir.

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Shalit Hopes Swap Deal Leads to Peace

Israeli soldier Gilad Shalit, who was freed on Tuesday after five years in detention by Palestinian militants, said he hoped the prisoner swap in which he was liberated would lead to peace between both sides.

"I hope this deal helps achieve peace between both sides, Israel and the Palestinians," he told Egyptian television in his first interview since his release.

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