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SAN FRANCISCO (Reuters) - Hewlett-Packard Co posted a surprise increase in quarterly revenue, as it works through an internal overhaul aimed at cutting costs and re-orienting the sprawling computing company. HP recorded sales of $27.6 billion in its fiscal third quarter, ended July, up 1 percent from $27.2 billion a year earlier. Wall Street analysts, on average, had forecast a drop in revenue to $27.01 billion. (Reporting by Edwin Chan)
President Barack Obama pledged Wednesday to continue to confront Islamic State militants despite the beheading of an American journalist in Iraq, standing firm in the face of the militants' threats to kill another hostage unless the U.S. military changes course.