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6 Aug 2012, 6:49 am by D. Daxton White
Moody’s rating also takes into consideration (i) the Aa3 underlying rating of the City of Clarksville, TN combined utility system and (ii) an internal assessment of the likelihood of the Humphreys County Utility District failing to make payment. (20) Long Beach Bond Finance Authority Natural Gas Purchase Revenue Bonds, Series 2007A & 2007B Moody’s has downgraded the rating of issue (20) to Baa2 from Baa1. [read post]
6 Aug 2012, 6:49 am by D. Daxton White
Moody’s rating also takes into consideration (i) the Aa3 underlying rating of the City of Clarksville, TN combined utility system and (ii) an internal assessment of the likelihood of the Humphreys County Utility District failing to make payment. (20) Long Beach Bond Finance Authority Natural Gas Purchase Revenue Bonds, Series 2007A & 2007B Moody’s has downgraded the rating of issue (20) to Baa2 from Baa1. [read post]
6 Aug 2012, 6:49 am by D. Daxton White
Moody’s rating also takes into consideration (i) the Aa3 underlying rating of the City of Clarksville, TN combined utility system and (ii) an internal assessment of the likelihood of the Humphreys County Utility District failing to make payment. (20) Long Beach Bond Finance Authority Natural Gas Purchase Revenue Bonds, Series 2007A & 2007B Moody’s has downgraded the rating of issue (20) to Baa2 from Baa1. [read post]
27 Jul 2012, 6:05 am by admin
  In fact, nobody knows how many cities are already fatally infected:   Moody’s cut several communities’ own credit ratings to junk, briefly making New Jersey the nation’s leader in junk-rated municipalities. [read post]
26 Jul 2012, 6:05 am by admin
  A secondary or tertiary city feels itself losing competition with other cities. [read post]
5 Jul 2012, 6:35 pm by Sean Hayes
   For example, the report notes that clothing and shoes cost 10% less than the OECD average, however, a trip to a retail store may make you think that the report is not considering realities in the larger cities. [read post]
18 Jun 2012, 1:30 pm by ADR Times
The city of Stockton, California, faces a growing likelihood of defaulting on some of its debt obligations as the conclusion of confidential talks with its creditors aimed at averting bankruptcy nears, Moody’s Investors Service said on Wednesday. [read post]
12 Jun 2012, 6:50 am by Philip R. Stein
Inc. and several ratings agencies, including Standard & Poor’s, Moody’s and Fitch, that credit ratings are merely “predictive opinions” that cannot give rise to actions for negligence. [read post]
8 Jun 2012, 6:00 am by admin
  New Jersey, California, New York City and Virginia would be several billion dollars short on tobacco bonds maturing in the years after that, Mr. [read post]
23 May 2012, 12:55 pm by Brian Hollar
According to Moody's, by late 2011 it was cheaper to rent than to own in 72% of American metropolitan areas, up from 54% a decade ago. [read post]
21 May 2012, 8:08 am by admin
  Naomi Richman, a managing director at Moody’s Investors Service, wondered aloud whether it might become more acceptable for cities to declare bankruptcy. [read post]
21 May 2012, 5:06 am by Mandelman
U.S. commercial real estate prices have dropped 43 percent from October 2007’s peak, Moody’s Investors Service said last month. [read post]
18 May 2012, 11:48 am
They were rated one notch below the top by Moody's, and interest received by the lenders is tax-exempt. [read post]
17 May 2012, 12:36 pm
Foreclosure fixes will become moot as the economy gains traction and housing demand picks up, says economist Celia Chen at Moody's Economy.com. [read post]
9 May 2012, 3:45 pm
That will mean lower interest rates, but it should be noted that the Moody's rating for this debt is Aa1 -- one cut below a top rating. [read post]
9 May 2012, 7:40 am by admin
  The day before, Moody’s had downgraded more than $2.5 billion of the city’s debt, citing its lack of cash. [read post]
3 May 2012, 12:42 pm
The bonds are rated Aa3 by Moody's -- that's the fourth rung from the top. [read post]
18 Apr 2012, 9:15 am by Mandelman
  So, as far as selling them more mortgage-backed securities rated “investment grade” by Moody’s or S&P… I don’t think you need an MBA from Harvard to come to the conclusion that the prospects of that happening anytime soon are… shall we say… “BLEAK. [read post]
6 Apr 2012, 7:41 am
Moody's is rating the paper Aa1, and since the cash was spent for the benefit of a private company, interest is not going to be tax-exempt under the federal tax laws. [read post]