Connecticut

Connecticut Gov. Dannel Malloy has formed a panel to explore financing options for overhauling its transportation infrastructure "over the next 30 years and beyond."

Standard & Poor's negative outlook on Connecticut's debt could foreshadow even more adverse credit actions unless the state fixes its deficit problems, said one lawmaker.

The University of Connecticut plans to issue about $300 million of GO bonds under its UConn2000 infrastructure improvement program.

Standard & Poor's changed its outlook on Connecticut GO bonds to negative as the state prepares for a $500 million sale.

The Connecticut Retirement Security Board picked Boston College's Center for Retirement Research and Mercer Oliver Wyman to explore a public retirement plan for private-sector employees.

Municipal bond issuance volume in the Northeast was little changed in 2014, rising 1% from 2013 volume as issuers weighed low interest rates against their ongoing fiscal challenges.

Connecticut governor proposes 30-year, $100 billion transportation program to modernize state's highway and transit infrastructure.

The Connecticut Housing Finance Authority reported strong retail demand in its oversubscribed sale of housing mortgage finance program bonds.

The Republican caucuses of Connecticut's House and Senate propose a transportation bonding plan as an alternative to highway tolls.

The Connecticut Housing Finance Authority plans to sell $150 million of mortgage finance program bonds, starting with a retail order day on Monday.

Connecticut will receive $36 million of a $1.4 billion multistate settlement with Standard & Poor's over allegations that S&P misled investors, state officials announced.

Attorney Lisa Grasso Egan will serve as Connecticut's undersecretary for labor relations, state budget director Benjamin Barnes announced Jan. 30.

Connecticut's Bond Commission approved $5.1 million to create two microgrid projects in Bridgeport and Milford that will help keep critical buildings and facilities powered in case the electric grid goes down.

The calendar and a stronger sense of storm preparedness will help soften the blow of this winter's first major Northeast blizzard, capital markets observers said Tuesday.

A major Northeast winter storm caused issuers to postpone about $1.7 billion of bond sales , including a $1 billion Pennsylvania GO offering.

Connecticut is providing Bridgeport, Conn., $300,000 to redevelop its historic Remington Arms Factory site.

Gov. Dannel Malloy reduced Connecticut's executive branch budget by roughly $25 million, as the state looks to plug a $121 million budget for fiscal 2015.

Standard & Poor's raised the rating of New Britain, Conn.'s general obligation pension funding bonds three notches to A from BBB, the city's rating last year after a downgrade.

Connecticut's Bond Commission approved $5.75 million toward new railroad stations on the New Haven-Hartford-Springfield line and the New Haven line, Gov. Dannel Malloy said.

Law firms Locke Lord and Edwards Wildman Palmer closed their $675 million merger and will operate as Locke Lord Edwards, with 1,000 lawyers in 23 locations.