Southwest

Moody's Investors Service downgraded Tulsa International Airport's revenue bonds to Baa1 from A3, citing five straight years of declining enplanements.

The Fort Smith, Ark., Board of Directors unanimously agreed to issue up to $150 million in industrial development revenue bonds for an expansion at Gerber Products Co.'s plant.

State and federal investigations of the Beaumont, Texas, Independent School District brought a Moody's Investors Service warnings of a possible downgrade on the district's $405 million of general obligation debt Tuesday.

A high-speed rail line along Colorado's Front Range could carry 13 million passengers a year and would likely cost $9.8 billion, according to a state estimate.

Weber County, Utah, will price $39.4 million of general obligation refunding bonds in a competitive sale Dec. 5.

Vice President Joe Biden used a visit to the Port of Houston to renew the Obama administration's proposal for a $50 billion infrastructure renewal program.

The debt portfolio of a Houston redevelopment authority will be restructured through a $33.5 million sale of tax-increment revenue bonds.

The nation's mayors are urging Congress to avoid "manufactured crises" like another federal government shutdown because cities are struggling more economically this year than last.

Manhattan, Kan., home of Kansas State University, will have about $145 million of general obligation debt outstanding after it issues $21 million of bonds and notes in a competitive sale Tuesday.

Texas voters' approval of a $2 billion state fund for water projects across the state is a positive credit factor for local utilities, Moody's Investors Service said in a Friday report.