Northeast

Standard & Poor’s downgraded to AA-minus from AA about $170 million of revenue bonds issued by the Dormitory Authority of the State of New York for Vassar College.

Moody’s Investors Service upgraded the rating on Barnabas Health, N.J., to Baa1 from Baa2, and revised the outlook to stable from positive.

Voter approval of $750 million in New Jersey general obligation bonds to fund university facilities on Nov. 6 is a credit positive for universities, Moody’s Investors Service said.

Massachusetts Treasurer Steven Grossman wrote U.S. Senators Harry Reid, D-Nevada, and Jon Kyl, R-Ariz., to oppose legislation that would limit states' control of online gambling within their borders.

Harrisburg's former receiver wants a special prosecutor to probe the incinerator bond deals that left Pennsylvania's capital more than $340 million in the hole.

Mike Hervey, the chief operating officer of the Long Island Power Authority resigned on Tuesday following Gov. Andrew Cuomo's announcement of an investigation into the hurricane response of state power companies.

Retail pricing began for the Pennsylvania Housing Finance Agency's $230 million sale of mortgage revenue bonds. The institutional sale will be Thursday.

Moody's downgraded to Ca from Caa1 the bond rating of West Penn Allegheny Health System, which is embroiled in a messy merger battle with Highmark.

Hurricane Sandy's financial impact on New Jersey is not likely to affect demand as the state comes to market Thursday with $2.6 billion of notes.

Mayor Michael Bloomberg and other New York City leaders announced a $500 million emergency plan to make critical repairs to public schools and hospitals damaged by Hurricane Sandy.