Michael Phelps voted AP male athlete of year

Now that he's away from the pool, Michael Phelps can reflect — really reflect — on what he accomplished.Pretty amazing stuff."It's kind of nuts to think about everything I've gone through," Phelps said. "I've finally had time to myself, to sit back and say, '... that really happened?' It's kind of shocking at times."Not that his career needed a capper, but Phelps added one more honor to his staggering...

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S&P lifts Greek rating from selective default

NEW YORK (Reuters) - Rating agency Standard & Poor's on Tuesday raised Greece's sovereign credit rating to B-minus with a stable outlook from selective default, citing Europe's efforts to keep the country part of the euro."The upgrade reflects our view of the strong determination of European Economic and Monetary Union (eurozone) member states to preserve Greek membership in the eurozone," S&P...

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Stocks edge higher as budget talks move ahead

    *      Wednesday, Nov. 28, 2012, following a closed-door meeting House Speaker John Boehner of Ohio. (AP Photo/J. Scott Applewhite)  less NEW YORK (AP) — Stocks are opening slightly higher on Wall Street as both sides make concessions in budget talks in Washington.The Dow Jones industrial average rose 17 points to 13,252 shortly after the opening bell...

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TEXT-S&P summary: SP PowerAssets Ltd.

 Summary analysis -- SP PowerAssets Ltd. --------------------------- 18-Dec-2012===============================================================================CREDIT RATING: AA-/Stable/NR Country: SingaporePrimary SIC: Electric ServicesMult. CUSIP6: 78462Q===============================================================================Credit Rating History:Local currency Foreign currency31-Mar-2008...

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However, the rating on SingPower may come under pressure if the contributionof the company's international business to the group's cash flows and assetsincreases significantly, such that it becomes the key rating driver. Thiscould be due to SingPower's material expansion in markets and businesses thatwe view as being of lesser quality than the T&D business in Singapore. TheAustralian business...

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TEXT-S&P summary: Tokio Marine Retakaful Pte. Ltd.

(The following statement was released by the rating agency)Dec 18 -===============================================================================Summary analysis -- Tokio Marine Retakaful Pte. Ltd. -------------- 18-Dec-2012===============================================================================CREDIT RATING: None. Please see issue list. Country: SingaporePrimary SIC: Surety insurance===============================================================================Financial...

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Japan's space agency probes possible data leak

TOKYO (AP) — Japan's space agency says it is investigating a possible leak of data about its Epsilon rocket due to a computer virus. The Japan Aerospace Exploration Agency says an infected computer was disconnected from its networks after a virus was found earlier this month. It is checking to see if any data was siphoned from it. JAXA said in a statement that information about the Epsilon, due...

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