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Fitch Ratings deemed the reorganization of Clark County School District, Nevada's largest school and the nation's fifth biggest, to be a mid-term credit risk in a report describing the experience of a Utah school district that underwent a break-up in 2010.
November 6
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Allen Park, Mich. received a positive review from Standard & Poor's for its advancing efforts to shed some its troublesome $26.3 million of debt issued for a failed film studio, with an upgrade for the still speculative-grade credit.
November 6
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Voters in eight states approved 26 of 37 transportation funding proposals on Nov. 3 ballots.
November 6
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Moody's Investors Service had more upgrades than downgrades in the third quarter of 2015, and the upgrades also affected a larger dollar amount of debt than its downgrades.
November 6 -
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Municipal bond funds reported inflows for the fifth week in a row, according to Lipper data released on Thursday. Weekly reporting funds experienced $62.996 million of inflows in the week ended Nov. 4, after inflows of $349.038 million in the previous week.
November 5 -
The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, rose one basis point to 4.35% in the week ended Nov. 5, from 4.34% in the prior week.
November 5 -
Kroll Bond Rating Agency entered a new partnership with current shareholder and investor Wharf Street LLC to own a majority stake in the firm and pump new capital into the rating agency for future growth and expansion.
November 5
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The House adopted a six-year, $325 billion transportation funding measure that must be reconciled by Nov. 20 with Senate's $342 billion plan.
November 5
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Citing a state budget impasse in its fifth month, Moody's downgraded Pennsylvania's pre-default intercept programs for school districts to A3 from A2.
November 5
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House leaders hope to have a final vote Thursday on a six-year, $325 billion transportation funding bill.
November 4
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Municipal bonds would be hurt under Republican presidential candidates tax reform proposals because the plans would lower or eliminate individual and corporate income tax rates, congressional observers said.
November 4
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Like Depression-era Arkansas, Puerto Rico took on too much debt, leading to a crisis when the worldwide economy shrank. But there are some key differences.
November 4
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Chicagos passage of a record tax hike to help stabilize its public safety pension funds has fueled further tightening of the citys general obligation trading levels in recent days, Municipal Market Analytics says.
November 3
