The effect of the announcement was a sharp blow to Cisco.

FORBES: Cisco's Bad News Good News

It was a sharp blow to Microsoft--the company's shares plunged almost 15% the day of the ruling and helped set off last week's rout of tech stocks.

CNN: Gates gets slammed

Typically consisting of a long, narrow, sharpened edge attached to a handle, chisels are distinguished from knives and axes in that they're driven by a sharp blow from a hammer or mallet.

FORBES: Magazine Article

Traders added that Cyprus' decision last week to sell a portion of its gold reserves as part of a bail-out deal had dealt a sharp blow to confidence in the market, arousing fears that other eurozone countries with much larger gold reserves could follow suit.

CNN: Gold hit by sharpest tumble in 30 years

Plaid Cymru's Simon Thomas AM warned that the decision had already delivered a blow to the sustainable industry in Wales with Sharp in Wrexham already reviewing its position on further expansion as a result of the decision.

BBC: Plaid Cymru debate

Jim Magilton forced Poom into another sharp save in the 16th minute, but Ipswich were dealt a blow soon after when defender Fabian Wilnis was forced off through injury.

BBC: Ipswich 0-1 Derby

"I wouldn't call it a heavy blow to Bill Gross, but it did show that the fund's sharp underperformance" this year caused investors to move out to seek funds that are doing better, he said.

WSJ: Pimco Fund Set for First Annual Outflow