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Fort Worth Transportation Authority may begin construction in 2016 of its long-anticipated $810 million rail line to DFW Airport.
October 2
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California's water utility sector is maintaining a strong credit profile, despite pressures from the state's ongoing drought, according to market participants.
October 2
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Detroit emergency manager Kevyn Orr on Wednesday offered a glimpse into the city's high-stakes negotiations and subsequent settlements with bondholders during the course of its historic bankruptcy.
October 2
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Detroit's attorneys called a $1.5 billion 2005 certificates of participation financing an "insider deal" that benefited banks and helped doom the struggling city during a federal hearing on the disputed debt issuance.
October 1 -
Citigroup said in an interview the sell-off in tobacco bonds caused by Bill Gross' departure from PIMCO will be short lived.
October 1 -
Failure by Congress to develop a long-term transportation bill early next year could mean another highway funding crisis in a few months.
October 1
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A post-bankrupt Detroit will not only be a "normal borrower" within a year, but will be stronger than many credits in the muni market, the city's investment banker testified in federal court Tuesday.
October 1
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The Thornburg Limited Term Municipal Fund began with just $12 million of total assets under management and 30 years later has grown to $6.8 billion.
September 30 -
Bond insurer Financial Guaranty Insurance Co., the last major holdout creditor in Detroit's bankruptcy, is reportedly nearing a settlement with the city that includes a mix of cash and city assets.
September 30
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Managers say the uptick in volume in recent weeks has helped them diversity clients' portfolios, lowering their exposure to losses from unforeseen calamities.
September 29
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US Bankruptcy Judge Steven Rhodes, who is overseeing Detroit's bankruptcy, ruled in favor of the city Monday when he dismissed a restraining order blocking the city's ability to shut off water to nonpaying customers.
September 29
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Federal grants awarded to transit systems damaged by Hurricane Sandy will reduce the financial strain from future storms, Moody's said.
September 29
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