News and Information from Bond Buyer

Moody's Investors Service has released proposed changes in its rating methodology for financial guarantors that it said would better reflect the changes that have occurred in the bond insurance industry since 2007.

New York City Transit veteran Frank Jezycki will become vice president and chief officer for the Staten Island Railway, MTA officials announced.

Secondary activity has been light as traders scramble to bid on the handful of smaller regional deals in the primary Tuesday afternoon.

Roger Williams University trustees have authorized negotiations to lease the former 38 Studios office for its own downtown Providence expansion.

Standard & Poor's Ratings Services said it raised its underlying rating on New Providence Board of Education, N.J., to AA-plus from AA.

Chicago Mayor Rahm Emanuel hosts the investor community Friday with a mixed bag of news to share a year after its last meeting was marred by a rare triple-notch downgrade.

A bitter campaign over limiting oil and gas operations in Colorado is sidelined by Gov. John Hickenlooper's deal with environmentalists and energy producers.

Rhode Island's Tobacco deal has been put on day to day status by Citigroup following a lawsuit from two Oppenheimer Rochester funds.

The Treasury Department Tuesday auctioned $40 billion of four-week bills at a 0.020% high yield, a price of 99.998444.

Moody's Investors Service said it has upgraded Bridgeport Hospital's bond rating to Aa3 from A3.

The Securities and Exchange Commission has approved the Municipal Securities Rulemaking Board's proposal to simplify its rules on professional designations by limiting the activities of some dealer representatives and eliminating one of its professional designations.

This week's pension reform ruling in Los Angeles provides the latest example of the challenges local governments face in effecting pension reform, Fitch Ratings says.

The U.S. services sector expanded at a faster pace in July as the non-manufacturing business activity composite index was 58.7 in the month, compared to 56.0 in June, on a seasonally adjusted basis, the Institute for Supply Management reported Tuesday.

New orders for manufactured goods gained 1.1% in June, after dropping a revised 0.6% in May, originally reported as a 0.5% decrease, the Commerce Department reported Tuesday.

Lagging corporate and sales tax collections tugged Arkansas' July revenue below forecast for the first month of the fiscal year, officials said.

Texas offered $15.3 million and other favorable conditions to land the $85 million SpaceX launch site, officials said.

Denver's fifth annual attempt to popularize its debt among its citizens proved successful with $12 million of "Mini-Bonds" sold in about an hour.

The largest city in Kansas will issue $73 million of general obligation bonds to finance road, bridge and highway improvement projects.

The primary market will be light Tuesday with the largest deal coming from Portland, Ore., which will auction $288 million of sewer debt in two parts.