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Omani Capital Market Authority Approves Rights Issue for Dhofar Poultry

Dhofar Poultry Company today announced that the Capital Market Authority (CMA) approved the offering of one million rights issue shares at OMR 1.020 for each share. The company said in a statement...

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Moody's: Providence Pension Deal a Positive

Byline: Paul Burton Providence, R.I.'s agreement with police unions for benefit reductions for current and future retirees is a credit positive for the city, according to Moody's Investors Service. The...

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-First Gulf Bank Opens Two New Branches in Dubai

Global Banking News-December 24, 2012--First Gulf bank opens two new branches in Dubai(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 The First Gulf bank has...

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Muni Bond Funds Plunge; $2.3B Outflow

Byline: Tonya Chin Investors fled municipal bond funds this week, resulting in the largest amount of net redemptions since the beginning of January 2011, and the fifth largest on record. Funds that...

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-Indian Finance Minister Calls for Financial Inclusion

Global Banking News-December 24, 2012--Indian finance minister calls for financial inclusion(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 The Indian finance...

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-Egyptian Central Bank Governor Denies News of His Resignation

Global Banking News-December 24, 2012--Egyptian central bank governor denies news of his resignation(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 The central...

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Denair USD, Calif., Downgraded to A by S&P

Standard & Poor's Ratings Services said it lowered its long-term rating and underlying rating on Denair Unified School District, Calif.'s general obligation debt one notch to A from A-plus. The...

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-Only 18 US States to Have Insurance Exchanges

Global Banking News-December 24, 2012--Only 18 US states to have insurance exchanges(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 Only 18 states and DC will...

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-ECB Executive Member Says ECB Cannot Commit to Extended Low Rates

Global Banking News-December 24, 2012--ECB executive member says ECB cannot commit to extended low rates(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 An...

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-Russian Companies Acquire Absolut Bank

Global Banking News-December 24, 2012--Russian companies acquire Absolut Bank(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 Absolut Bank, a unit of KBC Group...

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-Monitise to Enable Mobile Banking Services for BMO

Global Banking News-December 24, 2012--Monitise to enable mobile banking services for BMO(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 Bank of Montreal (NYSE:...

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-JPMorgan Names CFO

Global Banking News-December 24, 2012--JPMorgan names CFO(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 December 2012 JPMorgan Chase (NYSE: JPM) has announced that it has...

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Heldrich Hotel Bonds Downgraded to Caa1 by Moody's

Moody's Investors Service has downgraded the rating on the Middlesex County Improvement Authority, N.J.'s Heldrich Hotel's $28.5 million 2005 Series A and $2.5 million 2007 Series A senior revenue...

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Virginia Reaches Final Agreement on $1.4B P3

Byline: Kyle Glazier Virginia Gov. Bob McDonnell announced final agreement has been reached on a $1.4 billion public-private partnership to finance, design, and build a new 55-mile section of U.S....

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Judge Rules CalPERS Can't Sue San Bernardino for Missed Payments

RIVERSIDE, Calif. a U.S. Bankruptcy Judge Meredith Jury Friday denied the California Public Employees' Retirement System's request to be allowed to sue San Bernardino in California state court over...

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Steve Chamberlin to Serve as Acting Director for TEB

Byline: Jennifer DePaul WASHINGTONA a Steve Chamberlin has been tapped to serve as acting director of the Internal Revenue Service's tax-exempt bond office, officials said. He will temporarily replace...

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Private Activity Bond Cap to Increase 1.1% or $349.01M in 2013

Byline: Jennifer DePaul WASHINGTONA a State and local governments will be able issue a total of $33.170 billion of private-activity bonds under a national volume cap next year a 1.1% or $349.01 million...

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East Pennsboro, Pa. Dropped Two Notches

Byline: Paul Burton Moody's Investors Service downgraded the general obligation bond rating of East Pennsboro Township two notches to Baa2 from A3, affecting $31.8 million of debt. The bonds are...

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St. Charles Health System, Ore., Upgraded to A2 by Moody's

Moody's Investors Service said it has upgraded St. Charles Health System, Ore.'s (formally Cascade Healthcare Community) revenue bond rating to A2 from A3, and has revised the outlook to stable from...

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November Personal Income Up 0.6%; Spending Rises 0.4%

Byline: Kyle Glazier WASHINGTONA a Personal income rose $85.8 billion or 0.6% in November following a revised 0.1% increase in October, while personal spending climbed $41.3 billion or 0.4%, the...

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