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  • March 22- Cisco Systems Inc must pay $70 million in damages to patent licenser XpertUniverse Inc for fraudulently obtaining technology developed by the New York company, a jury found on Friday, according to court filings. The jury also found that Cisco violated two XpertUniverse patents, and awarded an additional $34,000 in damages on those claims.

  • *American Realty offers $5.7 bln in cash and stock. *American Realty asks Cole Credit to call off merger with external adviser.

  • TORONTO, March 22- Shares of BlackBerry fell nearly 8 percent on Friday after reports of a flat response to the launch of its new Z10 smartphone in the vitally important U.S. market. "This morning we visited and called stores to survey early demand for the Blackberry Z10," said Hudson Square Research analyst Daniel Ernst. "

  • WASHINGTON, March 20- Federal Communications Commissioner Robert McDowell, the senior member of the agency's Republican minority, said on Wednesday he will leave in coming weeks after a seven-year tenure that promoted deregulation of the Internet and the telecom market.

  • MOSCOW, March 20- Russia's top crude producer Rosneft may increase oil supplies to China by some 34 million tonnes to around 50 million tonnes by 2018, industry sources told Reuters. The oil agreement would make China the single largest consumer of crude from Russia, the world's top oil producer.

  • Proxy sites dump one-click vote button on SEC concerns Wednesday, 20 Mar 2013 | 2:54 PM ET

    It was a common fixture on leading proxy voting web sites like Broadridge Financial Solutions Inc's proxyvote.com, and similar ones like those run by Computershare Ltd and a unit of Wells Fargo& Co.. "You have to give people a real choice," said Charles Elson, who directs a corporate governance center at the University of Delaware and has followed the debate. "

  • TORONTO, March 22- The Canadian Auto Workers has canceled a Sunday ratification vote on a new contract for union members at a General Motor Co assembly plant in Ingersoll, Ontario, after negotiations hit a snag.

  • March 21- American Realty Capital Properties Inc said on Thursday that it was "surprised but disappointed" that Cole Credit Property Trust III Inc's had rejected its $5.7 billion buyout offer, but said it remains committed to the offer.

  • NICOSIA, March 22- Cypriot leaders are discussing with their international lenders the adoption of a levy of more than 10 percent on bank deposits over 100,000 euros, a ruling party official said on Friday, as the island scrambles to clinch a European Union bailout.

  • March 22- Shares of food makers Mondelez International Inc and PepsiCo Inc rose on Friday after a UK newspaper reported that activist shareholder Nelson Peltz has been building stakes in them. Spokesmen for PepsiCo and Mondelez declined to comment on rumor or speculation, though both indicated the companies were happy with where they were now.

  • Riot police in Cyprus stand on guard as protesters near by protest the governments handling of the banking crisis.

    The assessment of officials and bankers on the Mediterranean island suggest the bulk of the billions of euros of Russian money in Cyprus comes from smaller firms and middle-class savers, and not the super-wealthy.

  • Fed's Raskin Flags Low-Wage Nature of Recovery Friday, 22 Mar 2013 | 9:22 AM ET
    Sarah Bloom Raskin

    Too much of the recent growth in employment has been concentrated in low-wage and temporary jobs, leaving the recovery on shaky ground, a top Federal Reserve official said Friday.

  • Suppliers like T. Boone Pickens' Clean Energy Fuels, Royal Dutch Shell and China's private ENN Group are scrambling to build natural gas fueling stations along U.S. highways, while Cummins-Westport Inc will begin later this year selling a 12- liter natural gas engine able to power the biggest trucks on the road.

  • NEW YORK, March 22- Johnson& Johnson may soon cause frown lines at Allergan Inc, maker of Botox. Allergan declined to comment on the potential rival. "J&J is probably the only company that can go head to head directly with Allergan," said Morningstar analyst Michael Waterhouse. "

  • BLED, March 22- European Central Bank Governing Council member Marko Kranjec said on Friday he was very sure that Slovenia would not follow in the footsteps of Cyprus, which is struggling to secure an international bailout to stay afloat.

  • Russia-Cyprus talks "have finished" - Moscow Friday, 22 Mar 2013 | 3:18 AM ET

    MOSCOW, March 22- Talks between Russia and Cyprus on a possible financial rescue package have ended without result, Finance Minister Anton Siluanov said on Friday, adding that Russian investors were not interested in Cyprus' offshore gas reserves. "The talks have ended as far as the Russian side is concerned," Siluanov told reporters.

  • *Traders estimate India has about 2.8 mln bales of stocks. But that picture could change after India said on Wednesday the state-run Cotton Corp of India would offload stocks in the open market.

  • FOREX-Cyprus debacle keeps euro in doldrums, yen steadies Thursday, 21 Mar 2013 | 11:17 PM ET

    *Euro pinned near 4- mth lows vs USD on Cyprus uncertainty. TOKYO/ SYDNEY, March 22- The yen steadied on Friday after investors scrambled to cover bearish positions in the previous session after the new Bank of Japan governor played down the chance of an emergency meeting, while glum economic news and Cyprus debt crisis kept the euro under pressure.

  • *The most-traded July copper contract on the Shanghai Futures Exchange fell 0.34 percent to 55,840 yuan a tonne. *The European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro currency zone.

  • March 21- Micron Technology posted a quarterly net loss on Thursday but the chipmaker said the outlook for memory chip prices is improving.