Standard & Poor's Ratings Services said it lowered its long-term rating and underlying rating to BBB-minus from BBB on the Pennsylvania Economic Development Financing Authority's $15.59 million series 2000 and $4.63 million series 2002 bonds, issued for Dr. Gertrude A. Barber Center Inc.
Barber Center, Pa., Lowered to BBB-Minus by S&P
DEC 11, 2012 12:55pm 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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