News and Information from Bond Buyer

Texas service sector activity picked up in November, according to business executives responding to the Texas Service Sector Outlook Survey, as the revenue index grew to 11.4 from 5.3.

The tax-exempt market continued to post small gains Tuesday after a steady to firmer session on Monday as buyers eyed shorter maturing bonds.

Crowded terminals will become more common unless U.S. airports are able to fund the additional infrastructure needed to meet growing passenger demand.

Pillsbury Winthrop Shaw Pittman LLP and Orrick Herrington & Sutcliffe LLP, two law firms based in San Francisco, have decided not to pursue a merger, the firms said in a joint statement, Bloomberg news reported.

Pillsbury Winthrop Shaw Pittman LLP and Orrick Herrington & Sutcliffe LLP have decided not to pursue a merger.

Service sector activity "grew generally on pace with a month ago," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "improved in November," according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index soared to 13 from 1 in October.

The consumer confidence index decreased to 70.4 in November from a revised 72.4 last month, The Conference Board reported Tuesday.

The U.S. housing permits data through October were stronger on their face, but underneath suggest still-cautious demand for single-family homes.

The Missouri Secretary of State Securities Division filed a civil enforcement action against Morgan Keegan accusing the firm of securities fraud in its role as underwriter of $39 million of defaulted bonds issued by Moberly, Mo.

Indicator Last Report Forecast Actual Pending Home Sales Sept.: -4.6% Oct.: +1.3% Oct.: -0.6%

Nov. 26, 2013 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.27 1.41 2.98 4.46 Arkansas Aa1/AA/NR 0.17 1.2 2.76 4.24 Colorado Aa1/AA/NR 0.19 1.3 2.88 4.39 Kansas Aa1/AA+/NR 0.18 1.26 2.84 4.37 New Mexico Aaa/AA+/NR 0.17 1.21 2.78 4.28 Oklahoma Aa2/AA+/AA+ 0.19 1.31 2.88 4.38 Texas Aaa/AAA/AAA 0.17 1.16 2.66 4.2 Utah Aaa/AAA/AAA 0.17 1.16 2.66 4.14

11/25/2013 11/18/2013 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 3 $30,055 3 $30,005 $50 Arkansas 1 8,330 3 18,010 -9,680 Colorado 0 0 1 89,475 -89,475 Kansas 3 9,225 7 38,625 -29,400 New Mexico 0 0 3 35,575 -35,575 Oklahoma 2 36,915 0 0 36,915 Texas 24 477,411 52 977,251 -499,840 Utah 1 39,800 0 0 39,800

Tuesday, November 26 Issuer St Description Amount

Tuesday, November 26 Issuer St Description Amount

Week Of November 25 Issuer St Description Amount

CALIFORNIA

ARIZONA

CHICAGO — U.S. Bankruptcy Court Judge Steven Rhodes will issue his decision over Detroit's eligibility to file for Chapter 9 bankruptcy on Dec. 3.

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