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NY & CA to Sign on to Mortgage Servicing Settlement

Wednesday, 8 Feb 2012 | 7:25 PM ET

CNBC's Brian Shactman reports New York and California have agreed to sign on to a multi-state mortgage settlement deal; Diamond Foods fired its CEO and CFO on the heels of an accounting scandal; shares of Cisco were up on its earnings beat; and Groupon's stock fell as much as 10% after it first earnings miss.