Moody's Investors Service said it has removed from review and upgraded to Baa1 from Baa2 the North Texas Municipal Water District, Texas's Parker Creek Wastewater Interceptor System revenue bonds, Series 2003 reflecting a stabilization of the credit profile of the largest participant.
Moody's Upgrades North Texas Municipal Water Parker Creek to Baa1
JAN 18, 2013 2:40pm 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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