News and Information from Bond Buyer

ARIZONA

Fitch Ratings deemed the reorganization of Clark County School District, Nevada's largest school and the nation's fifth biggest, to be a mid-term credit risk in a report describing the experience of a Utah school district that underwent a break-up in 2010.

Government

Prices of top-rated municipal bonds finished weaker on Friday, traders said, after the U.S. jobs report for October came in much better than expected.

Construction work has commenced on a privately-funded $260 million renovation and development of the Nassau Veterans Memorial Coliseum property in Uniondale, N.Y. that will create a new revenue stream for the Long Island's Nassau County.

Allen Park, Mich. received a positive review from Standard & Poor's for its advancing efforts to shed some its troublesome $26.3 million of debt issued for a failed film studio, with an upgrade for the still speculative-grade credit.

Consumer credit increased by $28.9 billion in September to $3.499 trillion, the Federal Reserve reported Friday.

Voters in eight states approved 26 of 37 transportation funding proposals on Nov. 3 ballots.

Officials in Harrison, N.J. say they are past a rough financial patch that coincided with the construction of a Major League Soccer stadium, and are now seeing the investment pay off.

Moody's Investors Service had more upgrades than downgrades in the third quarter of 2015, and the upgrades also affected a larger dollar amount of debt than its downgrades.

Standard & Poor's raised its long-term rating to A-plus from A on the Ukiah Redevelopment Agency, Calif.'s series 2011A tax allocation bonds, citing increased assessed value.

Wisconsin heads into the market Monday with $42 million of environmental improvement fund revenue bonds that mark its inaugural outing under a new triple-A rated credit expected to benefit both the state and pool borrowers.

Raymond James continues its expansion in California with the recent hiring of veteran education banker Charlie Feinstein in San Francisco.

The New Jersey Health Care Facilities Financing Authority appears to be settling a tax dispute with the Internal Revenue Service over revenue bonds it issued in 1993 for Deborah Heart and Lung Center, which later entered into a total return swap.

Prices of top-rated municipal bonds were weaker at mid-session, traders said, after the U.S. jobs report for October came in much better than expected.

Fitch Ratings' Amy Laskey disputes the notion that the rating agency's action on San Diego school district bonds was a shift in approach.

The Bond Buyer this week announced the finalists for its 14th annual Deal of the Year Awards. These issuers were honored for Deal of the Year in eight categories, revealed online Nov. 2-6 in a series of posts at BondBuyer.com. Each category award winner is a finalist for the national Deal of the Year Award, which will be announced at a Dec. 3 ceremony at the Waldorf Astoria in New York City and posted later that evening at BondBuyer.com.

Prices of top-rated municipal bonds were weaker in early trading on Friday after the U.S. jobs report for October came in much better than expected.

U.S. inflationary pressures were up in October, as the U.S. future inflation gauge grew to 102.1 from an upwardly revised 101.7 reading in September, first reported as 101.0, according to data released Friday morning by the Economic Cycle Research Institute.