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Governors presented more optimistic outlooks of their states' economies and finances in their state of the state addresses this year, and many said they would pursue new spending, Moody's Investors Service said in a report.
February 7 -
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Puerto Rico's planned debt issue may still find demand among mutual funds after the commonwealth was cut to a junk grade by Standard & Poor's, even though some fund managers are restricted from buying speculative paper.
February 6
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Bond Buyer indexes were mixed the first week of February.
February 6 -
Metropolitan Washington Airports Authority picks four finalists for next phase of $5.7 billion light rail extension to Dulles International Airport.
February 6
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S&P revised the outlook to negative on CCC-rated bonds for South Carolina's Tuomey Healthcare due to a $277 million fraud judgment and operating losses.
February 6
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Municipal mutual funds reported $227.3 millon of net outflows, ending three-week run of inflows, Lipper FMI reported Thurday.
February 6 -
Tax-exempt money market funds pared back outflows compared to last week, but still lost $426.6 million, reducing total net assets to $268.87 billion in the week ended Feb. 3, according to The Money Fund Report, a service of iMoneyNet.com.
February 6
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Kentucky Gov. Steve Beshear is proposing a new bond program for its community colleges modeled after a similar program for universities last year.
February 5 -
Competitive bids Thursday on $27 million of revenue bonds will fund a new University of Iowa dormitory to help deal with a housing crunch due to rising enrollment.
February 5 -
Fitch Ratings downgraded more than $7 billion of general revenue bonds issued by the University of California to AA from AA-plus.
February 5
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Widener University School of Law's Harrisburg, Pa., campus has scheduled a daylong conference on municipal financial distress for April.
February 5 -
Michigan Gov. Rick Snyder said it would be premature to assume that Detroit's bankruptcy will drive up borrowing costs across the state.
February 5
- Texas
The hot Texas economy is spurring operators of the state's airports and seaports to provide new infrastructure to accommodate the growing state.
February 5
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A partially bond funded plan to build a $650 million hockey arena and entertainment district near downtown Detroit advanced Tuesday when the city council agreed to transfer 39 acres of public land to the project.
February 4
