Midwest

Moody's Investors Service rewarded the ongoing fiscal turnaround of Detroit's home county with a two-notch upgrade.

A local memorial service in Madison, Wisconsin, for Hoadley is set for Saturday with a Washington, D.C., gathering expected in November.

Brandon Comer and Comer Capital Group have responded to the SEC's argument against summary judgment, claiming the Commission has not provided sufficient evidence.

The University of Michigan is studying the use of XBRL technology for local government financial reports with the state Department of Treasury set to act next.

The Minnesota Airports Commission is also in the bond market with a $386 million deal this week, followed by Chicago's $1.77 billion transaction next week.

Investors will be greeted Monday with a decrease in supply with the new-issue calendar estimated at $6.711 billion, down from total sales of $10.318 billion.

Hazelwood's mayor posted a letter on the city website warning of potential bankruptcy if the city can't renegotiate its deal with a fire protection district.

Chicago put its message on fiscal progress directly to bondholders at the annual investors conference last week.

The city takes competitive bids Wednesday on $124 million of GOs.

Higher education borrowing led by century bond deals helped offset the dive in refundings brought on by rising interest rates.