Investments

Municipal issuers no longer consider bankruptcy to be taboo and distressed governments are increasingly likely to consider it an option, Moody's analysts said in a report.

Rutgers University in New Jersey announced on Aug, 5 that it raised a record $187.9 million during the 2014-15 academic year fueled by a surge in donations at the end of a lengthy fundraising campaign.

The Treasury Department and Internal Revenue Service have included two new bond-related projects on their priority guidance plan for 2015-2016.

The North Carolina House puts a proposed $1.7 billion road infrastructure plan on fast track.

Enrollment declines at the 14 universities in Pennsylvania's State System of Higher Education pressure their operations, said Janney's Alan Schankel.

ILLINOIS

ARKANSAS

Municipal credit quality deteriorated in the second quarter, reflecting fiscal problems in Puerto Rico, New Jersey and Chicago, according to Moody's Investors Service.

Higher than expected revenues gives Missouri the needed matching funds for federal road dollars in 2017.

Within hours of the Obama Administration's release of the final Clean Power Plan on Monday, opponents vowed to take legal action to block the rule while others hailed the measure.

NEW YORK

ILLINOIS

Moody's Investors Service downgraded the University of West Alabama's bonds to A3 from A2 citing weak financial performance and declining enrollment.

MacKay Shields forecast rising demand, a steep yield curve, volume growth, the return of monoline insurance, and outperformance in the tobacco sector for this year.

President Obama signed Congress's latest transportation funding extension while criticizing lawmakers for the short-term HTF fix.

IDAHO

ALABAMA

Municipal volume is expected to spike to $7.8 billion for the week of Aug. 3, with an almost billion dollar deal coming from the Pacific Northwest and five separate competitive issues from Minnesota totaling more than $1 billion.

Requests for $500 million of federal TIGER grants available in fiscal 2015 total $9.8 billion, Transportation Secretary Anthony Foxx said.

CONNECTICUT