Standard & Poor's Ratings Services said it has assigned its A-plus rating, with a stable outlook, to North Miami Beach's series 2012 utility system revenue refunding bonds, and raised its rating on the series 2002B bonds issued by the Florida Municipal Loan Council to A-plus from A.
Florida Municipal Council's 2002B Raised to A-Plus by S&P
NOV 21, 2012 12:12pm 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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