Markets

The St. Louis-based firm enters its second century of business this year.

The municipal bond market is set to see a chunky new issue calendar this week: $7.85 billion.

The competitive issuance will include roughly $35 million of taxable bonds.

The Tobacco Settlement Corp. is coming to market with over $3 billion of municipal bonds in a refunding deal that takes out all of the securities issued back in 2007.

Construction spending saw a 0.1% increase in February, below expectations for a 0.5% gain, due to public construction falling 2.1%.

The overall economy grew for the 107th straight time, the Institute for Supply Management reported Monday.

The influx of volume may give the boost that's needed to jump-start the primary market.

The largest not-for-profit health systems in Illinois and Wisconsin have cleared all regulatory hurdles to the merger.

Municipal bond volume picked up from February, prompting speculation that this year's drought in deals may soon ease.

Proponents call the move the right medicine for ailing Connecticut, while opponents say the measures are overly restrictive.