Texas

With the economy riding high, issuers in Texas are hoping voters keep their pocketbooks open long enough to approve more than $6.5 billion of bond issues on the ballot Nov. 4.

Good Shepherd Medical Center's failure to complete an assets sale brings a downgrade to BB-minus and a negative outlook from Standard & Poor's.

With the economy riding high, issuers in Texas are hoping voters keep their pocketbooks open long enough to approve more than $6.5 billion of bond issues on the ballot Nov. 4.

North Texas Tollway Authority returns to the market with $499.5 million of revenue refunding bonds that are expected to provide significant savings.

San Antonio's City Council unanimously approved a 142-mile pipeline to supply water via a private operator and agreed to issue more than $500 million of electric utility refunding bonds in 2015.

Toll roads across the nation can expect to see higher volumes of traffic as lower fuel prices encourages more driving, according to Moody's Investors Service.

The Harris County-Houston Sports Authority plans to refinance more than half of its outstanding debt after settling legal disputes with bond insurer National Public Finance Guarantee. The authority plans to issue $579 million.

McLennan County in Central Texas is aiming for savings on $49 million of bonds for a privately-operated jail backed by an appropriation pledge if the inmate count falls below 325.

An overwhelming majority of Texans seem ready to approve a ballot measure moving $1.7 billion/ year into the state road fund.

Democrat Mike Collier, an accountant who has never run for office before, is on offense in his uphill battle to win the Texas Controller's office against Republican Glenn Hegar, a conservative state senator. They seek to replace, Susan Combs, a Republican who did not seek a third term..

Falling oil prices add fiscal pressure to five of the nation's top energy-producing states, according to Moody's Investors Service.

Standard & Poor's on Friday announced that it would take no rating action on Texas Health Resources as two nurses who contracted Ebola from a patient at its Presbyterian Dallas hospital were declared cured.

At least two issuers recently redeemed or said they are planning to redeem bonds issued to finance detention facilities because of private use. One redemption was required under a settlement between the issuer and the Internal Revenue Service and the other was triggered by provisions in the offering document.

Plans to issue $39.5 million for a performing arts center bring a downgrade to the Sugar Land Development Corp.

Good Shepherd Medical Center faces another possible downgrade on its junk-bond rating from Moody's Investors Service after missing a deadline to sell assets, analysts warned.

A new train station in downtown Dallas may be the northern terminal of a 240-mile privately financed high-speed rail line to Houston.

Containment of the Ebola virus in the U.S. could minimize financial impact on U.S. healthcare providers, but continued spread would raise a large number of unknowns, Standard & Poor's reports.

Dan Patrick, the frontrunner in the race for Texas lieutenant governor, has announced plans to raise sales taxes to offset a reduction in property tax rates.

Texas officials like DeWitt County, Texas, Judge Daryl Fowler are riding a boom from oil and gas drilling but know from experience that a "Texas Miracle" can quickly turn into a mirage.

Moody's Investors Service shifted its outlook on Texas Health Resources to "developing" from "positive" after its Dallas hospital's handling of the nation's first Ebola case.