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Fitch Rates Cape Coral, FL's Water & Sewer Rev BANs 'F2'; Affirms Outstanding Debt
Published July 9, 2009, 1:47 pm, Business Wire via Yahoo! Finance
NEW YORK----Fitch Ratings has assigned an 'F2' rating to the city of Cape Coral, FL's $85 million of water and sewer revenue bond anticipation notes , series 2009. The BANs are scheduled for negotiated sale on July 14, 2009 with proceeds being used to refinance outstanding commercial paper previously issued to finance ongoing capital projects of the city's utility system .
PRESS RELEASE: Fitch Downgrades Epic (Industrious) plc
Published July 9, 2009, 8:23 am, Nasdaq
The rating action is driven by continuing deterioration in the values of the properties within the underlying portfolio, the failure of the borrower to service its securitised debt obligations in full, as well as the opacity of events since the borrower was placed into administrative receivership in September 2008. As a result, the risk of a fire-sale of the properties, which would exacerbate ...
Washington State's Various-Purpose, Motor Vehicle Fuel Tax, And Taxable GO Bonds Rated 'AA+'; Bonds Outstanding Affirmed
Published July 8, 2009, 6:55 pm, Thaipr.net
Standard & Poor's Ratings Services assigned its 'AA+' long-term rating, and stable outlook, to the state of Washington's series 2010A various-purpose general obligation (GO) refunding bonds, its 2010B
S&P may lower rating if spend crosses 'limit'
Published July 8, 2009, 3:07 pm, The Economic Times
International rating agency Standard & Poor's (S&P) has said India's high fiscal deficit is not sustainable in the medium term and a downgrade is likely if the government continues to spend beyond its means.
Fantasy Clicks: Turkoglu in Toronto
Published July 7, 2009, 12:42 pm, Sports Illustrated
Read full story for latest details.
Hands On with Microsoft's Hohm
Published July 7, 2009, 8:41 am, PC Magazine
As a new homeowner who purchased a foreclosed fixer-upper, I'm particularly sensitive to home energy costs. So the launch of Microsoft Hohm Monday struck me as particularly serendipitous, both as a journalist and as a potential user. Warning: one serious weakness turned me off.
FactCheck: how many 10p tax losers?
Published July 7, 2009, 8:24 am, Channel 4
The 10p tax row comes back to haunt Gordon Brown. How many people are still left worse off by the controversial scrapping of the tax band?
School accountability ratings to be revealed
Published July 6, 2009, 10:48 pm, Herald-Banner
The Texas Education Agency (TEA) is slated to release its accountability ratings for school districts later this month.
Lebanon expected to achieve higher economic growth
Published July 6, 2009, 10:06 pm, Zawya
BEIRUT: Lebanon seems to have defied all the negative market sentiments around the world as the country experiences a huge capital inflow, an incredible rise in the number of tourists and a surge in bank deposits just one month after the landmark parliamentary elections.
Lebanon expected to achieve higher economic growth
Published July 6, 2009, 1:09 pm, The Daily Star Lebanon
Lebanon seems to have defied all the negative market sentiments around the world as the country experiences a huge capital inflow, an incredible rise in the number of tourists and a surge in bank deposits just one month after the landmark parliamentary elections. "I expect Lebanon to achieve a GDP growth of more than 6 percent in 2009.
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