Corporate finance

Despite the aftermath of Hurricane Harvey, Texas's November sales tax revenue soared 11% to a record $2.78 billion.

The par value of bonds guaranteed by BAM rose 3.4% from the third quarter last year, even as overall market new-issue volume fell 16%.

The largest municipal bond insurer said third-quarter net income fell 57% due to an increase in loss reserves for Puerto Rico hurricane damage.

California firm 280 CapMarkets offers cloud-based trading software for independent advisors.

Louisiana will pre pay revenue anticipation notes due to a pick-up in revenue collections.