Missouri

Missouri Gov. Jay Nixon tasked a newly formed commission with advising him on social and economic policy changes in the aftermath of violent protests in Ferguson Missouri sparked by the police shooting of an unarmed civilian.

Missouri will offer its first new-money sale in seven years with its top ratings intact as analysts say it's too early to tell whether a newly approved constitutional amendment or tax cut package will undercut state finances.

Bruce Cole, the head of Mamtek USA, the firm that triggered Moberly, Missouri's default on $39 million of municipal bonds sold for a failed sucralose plant, received a seven year prison sentence for theft and securities fraud.

The Missouri Joint Municipal Electric Utility Commission won upgrades from two rating agencies for its debt issued for the Plum Point coal-fired power plant ahead of a planned $200 million refunding.

Missouri Gov. Jay Nixon has tapped to civic leaders to lead a review of stadium options aimed at keeping to the National Football League's Rams in St. Louis.

Missouri-based Mercy Health will sell $355 million of revenue bonds as soon as Tuesday to cover the costs of various projects including the ongoing construction of a replacement hospital for one destroyed by the May 2011 Joplin tornado.

Midwestern voters head to the polls Tuesday to decide the fate of a handful of finance-related ballot questions and the leadership of eight states, including several where debate over fiscal pressures is taking center stage.

The University of Missouri Curators sold $150 million of new-money taxable bonds Monday with tentative plans to return the market next year to fund another $100 million in approved projects.

The long saga over the fate of $98 million of defaulted St. Louis convention center hotel bonds is nearing an end with the trustee planning to make a final distribution payment of $1.4 million to bondholders next month.

Standard & Poor's dropped Higginsville, Missouri's 2010 sewerage system revenue bonds down three notches to the lowest investment grade level Wednesday over its weakened fiscal position.

The Alta Group's Bob Neptune will receive the 2014 Jay Terry Lifetime Achievement Award from the Association for Governmental Leasing & Finance at its national conference next month.

Investors holding $113 million of bonds issued for the privately owned and operated Branson Airport in Missouri have agreed to a amended forbearance agreement that gives the struggling Ozarks air field more time to pick up operations.

Moberly, Missouri has adopted new debt management policies as it seeks to repair its junk bond credit bruised over a failure to make good on bonds sold for a troubled artificial sweetener construction project.

A federal judge granted class action status to an investor lawsuit accusing the former Morgan Keegan & Co. Inc. of securities fraud for its role in underwriting $39 million of defaulted bonds issued for a failed artificial sweetener plan in Moberly, Missouri.

Fitch Ratings lowered Southeast Missouri Hospital Association’s ratings two levels to BBB-minus over its operating losses.

A Missouri state audit found the Grandview School District in Missouri misused some proceeds from some of its $22 million worth of borrowing in recent years.

Bruce Cole, the head of Mamtek US, the firm that triggered a $39 million municipal bond default on debt sold for a Missouri sucralose plant, will go to prison as part of a plea deal.

Missouri Gov. Jay Nixon wants an economic injury disaster declaration for Ferguson to secure low-interest loans from the U.S. Small Business Administration to aid businesses hurt by the large protests that followed a fatal police shooting of an unarmed teen.

A federal judge upheld a bankruptcy court judgment against Bruce Cole, former head of Mamtek US Inc., finding he fraudulently obtained bond funds to finance a sucralose production plant in Moberly, Missouri.

A group of ratepayers from a Chicago suburb are suing five advisors and consultants, accusing them of misrepresenting the value of participation in the bond-financed Prairie State Energy Campus to the city of Batavia.