Massachusetts

State Treasurer Steven Grossman announced that the recently completed eBay auction his office's Unclaimed Property Division conducted has generated a record-setting $544,552 in revenue for the commonwealth's general fund.

Lt. Gov. Timothy Murray joined Energy and Environmental Affairs Secretary Rick Sullivan to award $504,117 in grants to seven nonprofit organizations to preserve 212 acres of open space.

The Massachusetts Bay Transportation Authority is considering an anticrash system for its streetcars, but would have to pay around $700 million and take nine years to implement it.

Massachusetts Treasurer Steven Grossman named Jessie Saintcyr as deputy treasurer, making his senior human resources official, the daughter of Haitian immigrants, one of his top five advisors.

Massachusetts will to price $381 million of general obligation bonds on Wednesday, including $231 million of SIFMA index refunding bonds and $150 million of new-money bonds.

Massachusetts Treasurer Steven Grossman wrote U.S. Senators Harry Reid, D-Nevada, and Jon Kyl, R-Ariz., to oppose legislation that would limit states' control of online gambling within their borders.

Massachusetts ended its fiscal year with a $116 million surplus and boosted its rainy-day fund by 20%, to $1.7 billion. Its balance is the third-highest.

Fitch Ratings affirmed its AA-minus rating for Worcester, Mass. as the city prepares to competitively sell $72.1 million general obligation municipal purpose loan bonds.

Metropolitan Atlanta Rapid Transit Authority administrator Beverly Scott will become the new general manager of the Massachusetts Bay Transportation Authority.

The Massachusetts School Building Authority expects to sell $725 million of senior dedicated sales tax refunding bonds, with Jefferies as lead manager.

Massachusetts conducted its two recent bond deals conducted at what state officials called unprecedented low interest rates, officials said Tuesday.

Goldman, Sachs & Co. agreed to pay $14.5 million to settle charges that a former vice president engaged in pay to play when working for the firm.

Standard & Poor's upgraded its underlying rating on Salem's general obligation debt to A-plus from A.

Massachusetts will sell $400 million of general obligation bonds on Tuesday and $1.2 billion of revenue anticipation notes two days later, both competitively.

The Massachusetts Water Pollution Abatement Trust received $77.5 million in grant funding to support low-interest water loans, Treasurer Steven Grossman announced.

More than a third of Massachusetts hospitals lost money in fiscal 2011, according to a state report that comes as providers brace for a cost-containment law.

New York City and Massachusetts are tapping the capital markets to fund social intervention programs under a new mechanism called social impact bonds.

Massachusetts' new health care cost-containment law could pressure the credit quality of providers by compressing margins, according to Standard & Poor's.

The Massachusetts Housing Finance Agency plans to sell $35.7 million sale of fixed-rate, single-family housing revenue bonds through negotiation.

Moody's Investors Service downgraded Lowell General Hospital's debt to Baa2 from Baa1 and removed the rating from under review.