Moody's Investors Service said it has downgraded to Aa3 from Aa2 the underlying rating on the Upper Darby School District, Pa.'s $38 million of parity debt.
Upper Darby SD, Pa., Downgraded to Aa3 by Moody's
NOV 8, 2012 7:25am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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