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S&P lowers rating on The Phoenix

Standard and Poor's today downgraded The Phoenix Cos Inc.'s counterparty credit rating to triple-C+ from B-.

Standard and Poor's today downgraded The Phoenix Cos Inc.'s counterparty credit rating to triple-C+ from B-.
The downgrade came a day after Phoenix released its fourth quarter and full-year results for 2009, in which it reported a $106.4 million fourth-quarter loss, or 91 cents per share. For the f

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