Finance

The Pennsylvania governor could borrow against tobacco revenues or against profits from the state-run liquor system.

Municipals were flat on Tuesday morning, as market participants wait for the first new paper of the week.

Municipals were firmer on Monday, as market participants awaited the week's first issues from Montgomery County, Md., and Phoenix.

Municipal bonds were little changed in midday activity as the market gets ready to see nearly $7 billion of new paper.

Municipals were little changed in early activity as the market gets ready to see almost $7 billion of new paper come its way this week, led by issuers from Virginia and Maryland.

Chicago Public Schools got a boost to BB-minus as the district readies a new money and refunding deal.

Municipal bonds ended unchanged on Friday as the market geared up for a more manageable new issue calendar, led by Montgomery Co., Md., and the Virginia Small Business Financing Authority.

Cash and other resources comfortably exceed its potential liabilities, according to he Florida Hurricane Catastrophe Fund.

Gainesville Regional Utilities received $3 billion in orders for $416 million of tax-exempt bonds.

Municipal bonds were unchanged at mid-session, according to traders, who are looking ahead to the next week's $6.7 billion new issue slate, which will be headlined by big offerings from Virginia and Maryland Issuers.

Municipals bonds are little changed in early activity as the market eyes next week’s new issue calendar, which is topped by big offerings from Virginia and Maryland Issuers.

Municipal bonds finished weaker on Thursday as issuers from Maryland and California sold over $1 billion of bonds by competitive bid.

Fitch returned the South Carolina-owned utility's outlook to stable due to cancellation of the nuclear reactor project.

Legislative leaders say the move will plug a $2.2 billion budget shortage and end a nearly five-month budget impasse.

Municipal bonds were unchanged at mid-session as issuers from Maryland and California were selling over $1.1 billion of bonds by competitive bid.

The House and Senate actions place the ball in the court of Gov. Dannel Malloy, who was sidelined during the negotiations.

The municipal bond market on Thursday is eyeing yields as the last of the week’s larger deals are slated to sell, with two big competitive offerings on tap.

Illinois will use the proceeds to pay down some of its $16 billion unpaid bill backlog.

Municipal bonds finished weaker on Wednesday as Illinois came to market with $4.5 billion of general obligation bonds, the biggest tax-exempt deal of the year.

The firm added three veterans to its debt capital markets group to expand its capabilities.