Kyle Glazier

The Virginia Port Authority's decision not to pursue a public-private partnership could have a negative impact on other potential port privatization deals, according to a new report from Fitch Ratings.

A federal judge dismissed the most damaging claims in a civil suit against banks accused of manipulating the London Interbank Offered Rate, but experts said it would not impact the market and will likely be appealed.

WASHINGTON -- New orders for manufactured goods rose 3% in February, the Commerce Department reported Tuesday.

The Municipal Securities Rulemaking Board should focus its efforts on enhancing the EMMA system and streamlining and clarifying its rules, the Bond Dealers of America and the National Association of Bond Lawyers told MSRB.

The Municipal Securities Rulemaking Board received approval from the Securities and Exchange Commission to expand disclosures of contributions made by municipal securities dealers to bond ballot measure campaigns, the MSRB announced Monday.

WASHINGTON -- Construction spending rose 1.2% to a seasonally adjusted estimated annual rate of $885.1 billion in February, the Commerce Department reported Monday.

Personal income rose $143.2 billion or 1.1% in February following a revised 3.7% decrease in January, the Commerce Department reported Friday.

More municipalities are likely to become distressed, according to a new Fitch Ratings report on the outlook for U.S. local governments.

Real gross domestic product increased at an annual rate of 0.4% in the fourth quarter of 2012, according to the final estimate released by the Commerce Department Thursday.

Charles "Chip" Barclay announced Wednesday that he will retire as chief executive officer of the American Association of Airport Executives on Dec. 1.

The Securities Industry and Financial Markets Association has issued a best practice paper recommending that underwriters disclose in official statements when issuers designate firms to serve as underwriter's counsel.

The Virginia Port Authority Tuesday declined proposals to operate as a public-private partnership after it received an unsolicited P3 proposal.

Pending home sales dipped 0.4% to an index reading of 104.8 in February, after a revised 3.9% jump to 105.2 in January, according to a report released Wednesday by the National Association of Realtors.

Senate Banking Committee chairman Tim Johnson, D-S.D. announced Tuesday he will not seek reelection and will retire when his term expires in 2014.

Municipal market participants said Tuesday that while they appreciate the Municipal Securities Rulemaking Board’s attempt to clarify underwriter disclosure requirements under its fair dealing rule, more guidance is needed before the rule can fulfill its intended purpose.

WASHINGTON -- Sales of new single-family houses dropped 4.6% to a seasonally adjusted annual rate of 411,000 in February, the Commerce Department reported Tuesday.

WASHINGTON -- New orders for manufactured durable goods soared $12.4 billion or 5.7% to $232.1 billion in February, the Commerce Department reported Tuesday.

The Virginia attorney general's office has issued an opinion that a sweeping new transportation law passed by the legislature last month violates the state constitution.

Sequestration and the reduction of Build America Bond subsidy payments took center stage as several prominent Virginia issuers came together to discuss their situations with investors Friday.

The Municipal Securities Rulemaking Board has released guidance in response to confusion about underwriters' disclosures to issuers required under its fair dealing rule.