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Municipal bond mutual funds recorded heavy outflows, marking the 29th straight week money has left funds, Lipper FMI numbers showed.
December 12 -
Improved issuer disclosure breeds investor confidence which in turn boosts Massachusetts' bond ratings, according to state Treasurer Steven Grossman.
December 12 -
About to leave an office stripped of power, Detroit Mayor Dave Bing said he restored integrity to the tarnished post and helped establish a stronger foundation for the city.
December 12
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Tax-exempt money market funds generated inflows for a second week in a row as $2.29 billion of new cash boosted total net assets to $265.75 billion in the period ending Dec. 9, according to The Money Fund Report, a service of iMoneyNet.com.
December 12
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Bond insurer Syncora has asked to delay a key hearing on Detroit's proposed interest-rate swap settlement and debtor-in-possession financing.
December 12
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The not-for-profit health care sector has reached a negative tipping point, warned Standard & Poor's, which also said new health care law could start to impact states' larger credit profiles.
December 11
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Uncertainty related to Detroit's bankruptcy filing resonates among P3 players, according to Allen & Overy's Kent Rowey, who advises on many such deals.
December 11
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Discount bonds performed worse because of the dreaded de minimis rule, under which buyers pay taxes on the gain at maturity at the ordinary income rate when the discount is large. But there is a silver lining taking a tax-loss can ease the pain.
December 10
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A bankruptcy judge's ruling in Detroit that pensions aren't a distinct class from other creditors could bolster movement in that direction in the San Bernardino bankruptcy.
December 10
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Moody's will extend its stable outlook to the airport sector in 2014 as more passengers will provide more support for new money debt.
December 10
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American Airlines emergence from Chapter 11 and merger with US Airways Group Inc. officially took off Monday as trading on the new company began.
December 9
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John L. "Jack" Kraft, bond counsel attorney for more than 45 years, has played a key role in establishing the bond counsel business in New Jersey, handled some of the state's most significant bond deals, and been at the forefront of defending the tax-exemption for municipal bonds.
December 9
