Capital markets

The condition of Florida’s economy and finances led Moody's to upgrade the state to Aaa.

Cash flow pressures drove a downgrade of Stockton University as the New Jersey public college prepares to open an Atlantic City campus.

Three straight years of budget surpluses led S&P Global Ratings to upgrade the Nassau County town of 766,000.

The firm is expanding at its St. Louis headquarters, where it says it wants its sales professionals to be housed.

Morgan Stanley won the auction for both tranches of $261 million of debt.

The authority, one of the largest municipal issuers, will substitute a Bank of Tokyo-Mitsubishi letter of credit with State Street.

Two years after New Mexico lost its triple-A rating, New Mexico has taken its second downgrade from Moody's Investors Service based on rising pension and Medicaid obligations.

State officials intend to come to market with $225 million of Commonwealth Transportation Fund revenue bonds.

S&P said there was a one-in-three chance that it could raise Allen Park's rating by multiple notches over the next year.

The county's last junk bond rating was erased with a two-notch Moody's upgrade to Baa2.

Ascension's acquisition of Presence Health brings double-A ratings to the previously triple-B-minus debt of Presence.

A conservative budgeting approach in the wake of severe fiscal distress led S&P Global Ratings to revise its outlook to positive.

The state Supreme Court's reaffirmation of a 2015 pension overhaul settlement is credit positive for Rhode Island, according to Moody's.

After nearly 18 years as portfolio manager and director of fixed income, Mousseau is tapped as president and CEO of Cumberland Advisors

The second Illinois municipality stung by new state pension intercept rules has settled with its firefighters' fund.

Mayor Bill de Blasio and the City Council face a raft of uncertainties about their third straight early budget.

Fiscal restraints under a new bond covenant contributed to strong demand for a state GO sale, said state Treasurer Denise Nappier.

Riverdale, Illinois, will leverage its share of state income tax taxes with a junk-rated deal.

S&P Global Ratings revised Alaska's outlook to stable from negative.

Munis will see more than $5 billion of new supply, with the Federal Open Market Committee set to meet next week and raise interest rates again.