Moody's Investors Service said it has upgraded to Caa1 from Caa2 the rating on the tuition revenue bonds of Birmingham-Southern College, Ala., issued through the private education building authority of the city of Birmingham.
Birmingham-Southern College, Ala., Upgraded to Caa1 by Moody's
FEB 19, 2013 8:05am 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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