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S&P Revises Zurich Outlook on RSA Bid News

Zurich Insurance Group’s conditional bid to buy RSA Insurance Group plc for nearly $9 billion drew an outlook change from Standard & Poor’s on Friday, from positive to stable, as the rating ...
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Senators Probe Litigation Funding

Hedge funds have been speculating on lawsuits, a new form of financial engineering that some business interests say encourages wasteful courtroom warfare. Now two top Republican senators—Chuck ...