Finance

The termination of a casino revenue-sharing agreement with the Seneca Nation of Indians is a credit negative for Niagara Falls, according to Moody’s Investors Service.

Municipal bonds remained stronger at mid-session, after the March employment report came in weaker than expected and ahead of next week’s new issue calendar.

Municipal bonds strengthened in early activity, traders said, after the March employment report came in weaker than expected.

Illinois House Democrats pressed forward on an $800 million spending bill.

Municipal bonds ended stronger on Thursday as the last big deals of the week hit the muni market, led by the institutional pricings of the large Massachusetts and California offerings.

Energy Northwest is preparing to price $592 million of revenue and refunding bonds.

Municipal bonds were trading stronger at mid-session as the largest deal of the week hit the municipal bond market.

The largest deal of the week hit the municipal bond market early on Thursday with the institutional pricing of Massachusetts’ general obligation bond offering.

Moody’s Investors Service downgraded $13 billion in Puerto Rico bonds on Wednesday, citing increasing pessimism about recoveries on the bonds.

A federal appeals court upheld a stay on debt-related lawsuits in a key Puerto Rico lawsuit, reversing a lower court decision.

Municipal bonds ended stronger on Wednesday as large deals from issuers in New Jersey and California hit the market.

East Texas Medical Center, one of the largest healthcare providers in the region, slipped two notches to B3 from B1 on the Moody's Investors Service as prospects for default.

Buffalo, N.Y. received an improved credit outlook from two rating agencies ahead of a planned bond sale to address capital improvements.

Morningstar has given its “Socially Conscious” designation to the JPMorgan Municipal Income Fund, making it one of the first in the municipal bond space.

Municipal bonds were stronger at mid-session as more new deals came to market, topped by some large offerings from issuers in New Jersey, California and Pennsylvania.

Municipal bond insurer analysts are rechecking their estimates of potential losses in Puerto Rico after the federal control board approved a 10-year plan that assumes less than 24% of debt coming due will be repaid.

The municipal bond market is seeing more new issue supply hit the screens on Wednesday, topped by some large deals out of New Jersey, California and Massachusetts.

The New Jersey Municipal Qualified Bond Act program, New Jersey County College Enhancement Bond Program, and New Jersey School Bond Reserve Act program were all downgraded in connection with the recent downgrade of the state government.

Top-rated municipal bonds finished stronger on Tuesday, according to traders, who saw the first of the week’s new issuance hit the market.

Top-rated municipal bonds were stronger at mid-session, according to traders, who were seeing the first of the week's new issuance hit the market.