Shelly Sigo

Moody's downgraded Wayne Memorial Hospital's issuer rating to Baa1 from A3 due to the North Carolina hospital's "recent weak operating performance and low revenue growth."

The first hearing in Jefferson County, Ala.'s bankruptcy appeal has been reset to July 18 from May 15 due to a court scheduling conflict.

Floridians likely will see water and sewer rates increase, and utilities may see greater political pressure around future rate hikes, according to Fitch.

King's Daughters Medical Center will pay $40.9 million to settle allegations of federal health care fraud, a penalty that is among the largest of its kind in Kentucky.

Richard Marvin, a 26-year municipal finance veteran, has joined PFM Group as a director opening an office in Winston-Salem, N.C.

Cobb County commissioners on May 27 approved issuing up to $397 million of revenue bonds for the Atlanta Braves $672 million stadium.

Not long after Citi analysts said they see value in the toll-road sector, the Miami-Dade County Expressway Authority plans to price $340 million of toll-revenue bonds in early June.

Moody's upgraded Charleston County School District, S.C.'s general obligation debt to Aa1 from Aa2 citing its strong financial position.

New Orleans, La., saw a 9.6% increase in sales tax revenues in 2013 thanks largely to growth in population and tourism, and efforts to attract new business

The Virginia Tobacco Settlement Financing Corp. plans to draw on reserves Dec. 1 because revenues won't be sufficient to pay debt service.

Cities will get expert assistance to help them attain a holistic economic recovery from the National Resource Network, the Obama administration said.

The Florida Department of Transportation axed a proposal for developers to finance, design, and build the state's first privately operated tolled expressway.

Cobb County, Ga.'s $368 million taxable Atlanta Braves stadium deal should help fill investor demand for taxable bonds amid a dearth of supply, experts said.

Moody's said $2 billion in federal loans for a commuter train service extension into Virginia's Fairfax and Loudoun counties is a credit positive.

Georgia plans to issue $152.7 million in bonds for various transportation projects, including the reconstruction of an interchange at Interstate 285 and Georgia 400.

Market conditions favor the Florida Hurricane Catastrophe Fund's issuance of up to $4 billion in bonds, if needed to pay hurricane-related claims.

Moody's downgraded the Jackson International Airport to Baa1 from A3 just three weeks before Southwest Airlines pulls out of the Mississippi capital.

The North Carolina Department of Transportation won federal approval to resume work on the $900 million, 20-mile Monroe Bypass project stalled by a federal ruling.

The Louisiana State Bond Commission wants to meet with the Department of Justice in hopes of resolving a housing discrimination lawsuit.

Moody's Investors Service downgraded Atlanta's Morehouse College two notches to Baa3, citing potentially insufficient cash flow for debt service, among other issues.