Dai-ichi Life Set to Rise in Biggest IPO in Two Years (Update1)

Dai-ichi Life Insurance Co., Japan’s second-largest life insurer, is poised to gain in the world’s biggest initial public offering in two years when it starts trading in Tokyo today.

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Stanford Admits Record 7.2%, Sets New Norm for Ivies (Update2)

The U.S. colleges that have been hard to get into are getting even harder.

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Standard & Poors, Moody’s Win Dismissal of Bond Suit (Update1)

McGraw-Hill Cos.’s Standard & Poors and Moody’s Corp. won dismissal of a lawsuit claiming they defrauded investors who relied on their ratings before buying $63 billion of investment-grade mortgage-backed securities.

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Ukraine, Nigeria Beating BRICs as Mobius Says Rally Isn’t Over

Stocks in the smallest developing markets are beating their larger peers by the most in almost five years and Templeton Asset Management Ltd.’s Mark Mobius says they will keep rallying as consumer demand picks up.

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Bright Food Bids A$1.75 Billion for CSR’s Sugar Unit (Update2)

Bright Food Group Co., Shanghai’s biggest food company, raised its offer for CSR Ltd.’s sugar unit to A$1.75 billion ($1.6 billion) after the Australian group’s plan to spin off the division was blocked on asbestos concerns.

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