Airports Need Continued Tax Exemption, PFC Increase to Meet Capital Needs
Byline: Kyle Glazier U.S. airports will need $71.3 billion of capital through 2017, a funding goal they will not be able to meet unless the passenger facilities charge cap is lifted and the tax-exempt...
View ArticleLockyer Says P3s Are Toxic to Many, Talk of Them May Hamper Projects
Byline: Kyle Glazier Public-private partnerships are "toxic" to a lot of people and the mere mention of them can hinder projects, California Treasurer Bill Lockyer said Tuesday. Speaking at Governing...
View ArticleTreasury 5-Year Notes Go at 0.889% High Yield
Byline: Gary Siegel The Treasury Department auctioned $35 billion of five-year notes, with a 7/8% coupon, a 0.889% high yield, a price of 99.931681. The bid-to-cover ratio was 2.88. Tenders at the high...
View ArticleMoody's Downgrades Struggling School District
Byline: Caitlin Devitt Moody's Investors Service Monday downgraded to A2 from A1 its underlying rating on Jackson Public Schools, Mich., ahead of a planned refunding of $11.2 million of general...
View ArticleSenate Committee Votes against School District Bond Measure
Byline: Caitlin Devitt A North Dakota Senate committee voted against a bill that would allow school districts to tap city sales tax to pay debt service on bonds. Senate Bill 2137, sponsored by Rep....
View ArticleHazel Crest, Ill., Downgraded to A1 by Moody's
Moody's Investors Service said it has downgraded to A1 from Aa3 the village of Hazel Crest, Ill.'s general obligation unlimited tax debt. The A1 rating applies to $1.4 million of outstanding GO debt....
View ArticleChain Store Index Drops 1.0% in Week
Byline: Market News International WASHINGTON -- U.S. comparable-chain-store sales fell 1.0% in the week ended Jan. 26, but posted a strong 4.5% gain in December as measured on a year-over-year basis by...
View ArticleOpinion: Shareholder Activists Oust Petroleum Buccaneers
John Kemp is a Reuters market analyst. The views expressed are his own.The arrival of a swarm of activist hedge funds and investors in the oil and gas sector may be good news for corporate governance,...
View ArticleChesapeake's McClendon Steps Down after Year of Tumult
OKLAHOMA CITY, Okla. (Reuters) - Chesapeake Energy Corp. said on Tuesday [Jan. 29] thatwill step down as chief executive after a tumultuous year in which a series of Reuters investigations triggered...
View ArticleRBS Hit by Report of Possible LIBOR Criminal Charges
LONDON (Reuters) - Royal Bank of Scotland Group saw 1.3 billion ($2.1 billion) wiped off its value on Tuesday [Jan. 29] following a report that it could face criminal charges as part of an impending...
View Article-Global Regulators Want Process of Drawing Up 'Living Wills' Made Faster
Global Banking News-January 30, 2013--Global regulators want process of drawing up 'Living Wills' made faster(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 30 January 2013...
View Article-Morgan Stanley Wants to Be M&A Leader in Russia
Global Banking News-January 30, 2013--Morgan Stanley wants to be M&A leader in Russia(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 30 January 2013 Morgan Stanley (NYSE:...
View Article-Goldman Sachs Sells USD1bn Stake in Chinese Bank
Global Banking News-January 30, 2013--Goldman Sachs sells USD1bn stake in Chinese bank(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 30 January 2013 The Goldman Sachs Group...
View Article-UniCredit to Focus Banking Activities in Latvia
Global Banking News-January 30, 2013--UniCredit to focus banking activities in Latvia(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 30 January 2013 UniCredit (UCG.MI) has said...
View Article-RBS Set to Court Controversy with New Bonus Package
Global Banking News-January 30, 2013--RBS set to court controversy with new bonus package(C)2013 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 30 January 2013 Royal Bank of Scotland...
View ArticleBond Sell-Off 'Premature'
Byline: Jane Searle Jan 30, 2013 (The Australian Financial Review - ABIX via COMTEX) -- A rise in German, Australian and US sovereign bond yields could mean an end to good returns for bond investors as...
View ArticlePM's Daring Marathon Poll
Byline: Phillip Coorey Jan 30, 2013 (The Australian Financial Review - ABIX via COMTEX) -- The surprise announcement by Prime Minister Julia Gillard that the federal election will take place on 14...
View ArticleGG Not in Gillard's Loop
Byline: Phillip Coorey and Alex Boxsell Jan 30, 2013 (The Australian Financial Review - ABIX via COMTEX) -- Prime Minister Julia Gillard has announced the date on which Australians will go to the polls...
View ArticleASX Halts Small-Cap Auction Trial
Byline: Jane Searle and Will Glasgow and George Liondis Jan 30, 2013 (The Australian Financial Review - ABIX via COMTEX) -- The ASX recently implemented a number of measures aimed at encouraging more...
View ArticleDesigns Unveiled for $200M Hotel
Byline: Ainslie Chandler Jan 30, 2013 (The Australian Financial Review - ABIX via COMTEX) -- Two new hotels have been foreshadowed for Perth, a city that has seen average room rates rise significantly...
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