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The school board, caught between budget pressure and angry parents, could vote Tuesday to close or merge 16 schools in the California school district amid waning enrollment.
February 7
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The market consensus is that interest rates will rise by two to three percentage points over the next three years. What will that mean?
February 7
MaxMyInterest -
The defendants believe the charges are lacking on numerous levels while the SEC argued that fee-splitting is a clear and known rule violation.
February 7
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Last week saw the first co-op securitization to finance storm costs, a $908 million deal that could set a national model for utilities.
February 7
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Municipal to UST ratios hit highs earlier in the week, creating entry points for buyers to return to the market even as ratios fell on the week. The primary will see a smaller calendar at $5.4 billion.
February 4
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Former U.S. Treasury Secretary Lawrence Summers said investors need to brace for the Federal Reserve to potentially raise interest rates at all seven remaining policy meetings this year and even for it to hike by more than a quarter point in one go.
February 4
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Bonds defeased include state GOs and securities from the New Jersey Building Authority and the Economic Development Authority.
February 4
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Attorneys say the first step is to get a court to stay enactment of the Plan of Adjustment, but that it is unlikely.
February 4
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The two Michigan-based systems completed their merger amid stepped-up federal anti-trust scrutiny but have not yet announced any changes to their existing debt portfolios.
February 4
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Moody’s Investors Service elevated Idaho’s bond rating to Aaa, following a similar move by Fitch Ratings in November.
February 4
