Far West

Standard & Poor's downgraded Fullerton, Calif. as the city fights with the state over which redevelopment obligations the city must cover.

A judge ruled in favor of Oakland in its pursuit of alleged overpayments to retirees in a long-closed police and fire pension fund.

Standard & Poor's placed three series of BB-rated Hercules Public Finance Authority bonds on watch for a potential downgrade.

The Securities and Exchange Commission's Office of Municipal Securities began reporting to SEC chairman Mary Schapiro as of Sept. 24, an attorney in the muni office said Thursday.

JPMorgan Chase agreed to mentor San Diego-based broker dealer Academy Securities, a certified disabled veteran business enterprise with a municipal bond market presence.

States have been operating in fiscal year 2013 for three months already and tax growth is expected to rise in between 1% and 4.9% in nearly three-quarters of the states for the third consecutive year, according to a new report.

Fluctuating fuel prices and a reluctance to raise on customers in a down economy could put pressure on public utilities credits in the near future, analysts from the three major credit agencies warn.

The San Diego City Council approved a financial plan for its convention center expansion that involves issuing $549.5 million in bonds.

California Treasurer Bill Lockyer gauges the state is going to see a more than triple increase in new money general obligation bond sales this fiscal year compared to last.

The U.S. Court of Appeals for the Federal Circuit heard oral arguments Tuesday in the case of Corr V. Metropolitan Washington Airports Authority, a lawsuit that strikes at MWAA's primary mechanism of repaying more than $2 billion of bond debt.