Standard & Poor's Ratings Services said it lowered its rating and underlying rating to A from A-plus on King County Public Hospital District No. 1, Wash.'s limited-tax general obligation bonds, issued for Valley Medical Center.
Valley Medical Center, Wash., Downgraded to A by S&P
DEC 13, 2012 11:50am 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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