News and Information from Bond Buyer

Kansas Gov. Sam Brownback made up for lost ground, winning re-election after trailing in the polls for several weeks as state revenues trailed projections.

Municipal bonds weakened Thursday amid investor concern that a report on employment scheduled to be released on Friday morning may worsen the selloff.

Missouri Gov. Jay Nixon has tapped to civic leaders to lead a review of stadium options aimed at keeping to the National Football League's Rams in St. Louis.

Florida's auditor general once again called on state lawmakers to require oversight of the dirt-bond sector after finding that financial problems increased among the state's Community Development Districts in fiscal 2013.

Newly issued Treasury securities held in stripped form decreased about $423 million in October to a total of $212.285 billion, the Bureau of the Public Debt reported Thursday.

The federal judge overseeing Detroit's bankruptcy will rule on the city's debt plan Friday, in one of the most closely watched cases in the muni market.

Long-term public municipal issuance volume reached $71.8 billion, down by 13.6% from the previous quarter, but up by 5.2% from a year ago, according to the third-quarter Municipal Credit Report by Securities Industry and Financial Markets Association Thursday.

The Puerto Rico Electric Power Authority has cut its November electricity rates by 7.7%, a few days after Puerto Rico indicated that bondholders should expect cuts on bond payments.

The San Francisco Metropolitan Transportation Agency's revenue bond rating has been upgraded to Aa2 from Aa3 based on positive financial operations.

Fate of Maryland's $2.45 billion Purple Line light rail P3 is in the hands of Gov.-Elect Larry Hogan, an avowed foe of transit projects.

Phoenix voters refused to shift more investment risk to the city's employees by rejecting Proposition 487, which would have eliminated the defined benefit pension for new employees.

Warnings of a "death spiral" for regulated electric utilities caused by distributed generation such as rooftop solar panels are premature, according to Moody's Investors Service.

The Securities and Exchange Commission has charged Allen Park, Mich., and two former city leaders with fraud in connection with a municipal bond offering to support a movie studio project within the city.

Standard & Poor's Ratings Services said it raised its long-term rating and underlying rating to A from A-minus on Industry, Calif.'s outstanding sales tax revenue bonds.

Health and Higher Education Authorities' bonds are dominating both the primary and the secondary muni markets Thursday morning.

California Gov. Jerry Brown easily won re-election while persuading voters to approve two ballot measures with municipal market implications.

The Treasury Department said Thursday it will auction $24 billion 91-day bills and $28 billion 182-day discount bills Monday.

The Treasury Department said it will auction $25 billion year bills on Nov. 12.

The largest deal of the week, the $850 million New York City Transitional Finance Authority may be complete, but the primary is still packed with a good amount of issuance scheduled for Thursday. Competitive deals are dominating the space, led by the$ 821.9 million Montgomery County, Md., general obligation issuance, but investors will have plenty to choose from.

Moody's Investors Service has upgraded Mineral Springs School District No. 3, Ark.'s underlying general obligation bond rating to A2 from A3.