Fitch Ratings revised the outlook to negative from stable on the Long Island Power Authoritys $5.9 billion of outstanding revenue bonds based on restoration costs from Hurricane Sandy.
Fitch Revises LIPA to Negative on Sandy Costs
NOV 12, 2012 3:01pm 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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