Far West

Public finance attorney Bryan Victor, who has worked on a number of transactions for California, has been named partner at Orrick, Herrington & Sutcliffe LLP.

The growth of shipping fleets is outstripping demand, leading Moody's Investors Service analysts to slap a negative outlook on U.S. ports for the next 18 months.

Los Angeles city officials said they have found the right person in Anaheim City Manager Marcie Edwards to replace departing Los Angeles Department of Water and Power general manager Ron Nichols.

Dealer groups told issuer officials Jan. 30 that they have many unanswered questions under the Securities and Exchange Commission's registration rule, as broker-dealers work to keep municipalities informed about their efforts to comply with the rule before its July 1 effective date.

Outgoing Los Angeles Department of Water and Power chief Ron Nichols garnered buy-in for rate increases needed to fund an $8.9 billion capital improvement plan, leaving tough shoes for a successor to fill.

Stifel Financial Corp., the parent company of Stifel, Nicolaus & Co., acquired public finance banking boutique De La Rosa & Co. The deal may catapult Stifel into a top-10 underwriting position in municipal bonds.

The thousands of airline flights cancelled this winter due to severe weather may affect some airports' revenues and cost budgets, Fitch Ratings said.

Two members of the California Assembly announced hearings starting Feb. 19 to close the $71 billion funding shortfall in the California State Teachers' Retirement System.

San Jose Mayor Chuck Reed and other proponents of the Pension Reform Act of 2014 say they will legally challenge Attorney General Kamala Harris's ballot summary language, likely delaying the measure.

The Internal Revenue Service is auditing $12.84 million of unlimited tax school building bonds issued in 2010 by the Anahuac Independent School District in Texas as part of an examination of small governmental bond issues.