Due to an editing error, yesterday’s Trends in the Region story about Dallas Area Rapid Transit misattributed a quote. The quote that began “One example could be that some crossings at grade now need to be elevated crossings” should have been attributed to a cost estimator that has worked with DART.
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"Municipal outperformance against taxable sectors has moved short-term ratios on or through their 252-day moving averages, while intermediate and long maturities are holding at or above average ranges," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
5h ago -
New Jersey's Toms River school district was downgraded two notches by S&P after refusing to adopt a budget and discussing bankruptcy.
6h ago -
The U.S. territory is struggling with debt and pension liabilities as its economy remains weak and federal aid is cut back.
6h ago -
Isaak Bond Investments has agreed to pay a $20,000 fine to settle allegations brought by the Financial Industry Regulatory Authority.
6h ago -
Moody's has downwardly revised the outlook for Baltimore's issuer rating and several classes of bonds due to a trend of declining fund balance levels in a city dependent on a major international shipping port.
7h ago -
Michigan's Great Lakes Water Authority went to market in June with roughly a billion dollars of bonds, part of a complex transaction that included a tender.
9h ago