-Indian Finance Ministry Favours Real Estate and Broking Firms for Banking...
Global Banking News-January 21, 2013--Indian finance ministry favours real estate and broking firms for banking license(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 21 January...
View ArticleBank Sohar Honours Al Mumayaz Education Services Graduates
Lends its helping hand to Omani youth for tuition fees and education costs Bank Sohar recently hosted a reception to congratulate a group of aspiring youth who have successfully completed their higher...
View ArticleBank Audi 2012 Net Earnings Up Five per Cent
Bank Audi's net earnings grew from $365 million in 2011 to $384 million in 2012 Operating profits before provisions and taxes rose by 7.9 per cent over the year 2012, and by 10.8 per cent when...
View ArticleHawkins Delafield's Dick Sigal Moves to McKenna
Byline: Tonya Chin McKenna Long & Aldridge LLP has expanded its public finance practice with the addition of Richard Sigal as a partner in its New York City office. Sigal, who began work on Jan....
View ArticleDowngraded Assured Guaranty to Launch New Muni Bond Insurer
Byline: Tonya Chin After a two-notch Moody's Investors Service downgrade, Assured Guaranty announced Friday that it intends to launch a new municipal-only financial guaranty insurer this year that will...
View ArticleFlorida Pension Reform Ruling a Positive, S&P Says
Byline: Shelly Sigo BRADENTON, Fla. -- A ruling by the Florida Supreme Court upholding the state's pension reform measures is a positive credit factor, Standard & Poor's said Friday. Thursday's...
View ArticleBrit Firm Bags $35B Pennsylvania Lottery Contract
Pennsylvania Gov. Tom Corbett awarded a 20-year, $34.6 billion contract to Britain's Camelot Global Services LLC to operate the state lottery. Camelot operates Britain's national lottery. Its owner is...
View ArticleMarket Post: Light Trading Winding Down Even More
Byline: Taylor Riggs Activity in the tax-exempt market started to stall Friday afternoon as traders said bid lists have started to wind down. "For the most part it's been fairly light trading today," a...
View ArticleHigh Court Rejects Request
Byline: Jim Watts The Arkansas Supreme Court says it won't reconsider its November ruling that lets school districts keep excess property-tax revenue if they raise more money than that set under the...
View ArticleRep. Frank Reintroduces Bills Giving Virginia Control of MWAA
Byline: Kyle Glazier Rep. Frank Wolf, R-Va., has reintroduced two bills aimed at giving Virginia control of the Metropolitan Washington Airports Authority and strengthening government oversight of the...
View ArticleIllinois Readying $500 Million Competitive GO Sale
Byline: Yvette Shields CHICAGO - Illinois will take competitive bids on $500 million of general obligation bonds later this month in its first borrowing of the New Year and first test of market...
View ArticleHouston ISD to Price First Piece of Record Bond Package
Byline: Richard Williamson DALLAS -- The Houston Independent School District will tap a record $1.89 billion bond authorization Wednesday with a $301 million issue expected to be followed in two weeks...
View ArticleMoody's Upgrades North Texas Municipal Water Parker Creek to Baa1
Moody's Investors Service said it has removed from review and upgraded to Baa1 from Baa2 the North Texas Municipal Water District, Texas's Parker Creek Wastewater Interceptor System revenue bonds,...
View ArticleMoody's Downgrades West Clermont LSD, Ohio, GOs to A1
Moody's Investors Service said it has downgraded to A1 from Aa3 the rating on West Clermont Local School District, Ohio's general obligation tax debt and affirms the negative outlook. Concurrently,...
View ArticleFitch Upgrades New Orleans Sewerage Board Bonds to BBB
Fitch Ratings said it upgrades to BBB from BBB-minus the ratings on the following New Orleans utility bonds issued on behalf of the New Orleans Sewerage and Water Board: $148.5 million sewerage service...
View ArticleMarket Post: Munis Start to Quiet Down Ahead of Three-Day Weekend
Byline: Taylor Riggs The tax-exempt market started off on a quiet note Friday morning as most traders were looking ahead to the three-day weekend. After substantial firming throughout the week, muni...
View ArticleConstruction Costs Creep Up in Wichita
Byline: Jim Watts Sedgwick County Unified School District No. 259's capital program, financed by $370 million of general obligation bonds approved by voters in 2008, remains under budget, but officials...
View ArticleLittle Rock Airport to Call Bonds
Byline: Jim Watts Little Rock expects to save $2 million a year in debt service by redeeming airport revenue bonds that financed projects at Bill and Hillary Clinton National Airport. The airport used...
View ArticleLaHood Assures Mayors He'll Help Protect Tax-Exempt Financing
Byline: Kyle Glazier U.S. Transportation Secretary Ray LaHood told municipal leaders meeting in Washington Friday that he would help protect the tax-exempt status of municipal bonds but also urged them...
View ArticleSabine Creek Series 2003, Texas, Downgraded to Baa1 by Moody's
Moody's Investors Service said it has removed from review and downgraded to Baa1 from A3 two separately secured debt issues of the North Texas Municipal Water District reflecting a change in the credit...
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