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Pittsburgh-based Robert Morris University was downgraded by Moody's Ratings. The private university is part of a growing list of smaller higher education institutions, particularly in the Northeast, that are facing increasing financial pressures as the pool of potential students shrinks.
March 11 -
Escalating operating losses led to bond rating downgrades for Wise Health System ahead of its potential acquisition this quarter.
October 3 -
The nonprofit regional healthcare system reported six straight years of operational losses in its most recent financial report.
September 21 -
While it's still relatively early to tell how much — if at all — the muni market will be impacted, Kara South, portfolio manager at GW&K Investment Management, said downgrades of certain municipal bonds are likely to follow.
August 2 -
Tioga Independent School District, located north of Dallas, has a state-appointed monitor to develop and implement "a corrective action plan."
March 30 -
Mild economic conditions resulted in slight changes to upgrades and downgrades in the third quarter, compared to the second quarter, S&P said.
December 21 -
The downgrade of Kaweah Delta Health Care District's revenue bonds to Ba1 affected $218 million of debt.
December 9 -
The downgrades for Alaska's largest city come less than two months after the mayor set returning the city's ratings to AAA as a goal in his fiscal 2023 budget.
November 29 -
S&P has Muncie and Plainfield on its watch list with negative implications.
August 30 -
The city, which Moody's downgraded last week, is appealing a Nassau County judge's ruling that has it on the hook for $131 million over a dispute with a developer.
July 12