The announcement comes a week after the Board of Public Works voted to make $84 million in cuts and fund transfers in the budget year that began July 1.Read More »
WASHINGTON — Moody’s Investors Service has downgraded Howard University’s credit rating, citing revenue declines at the historically black college and automatic federal budget cuts from Congress. Moody’s issued its downgrade Tuesday after a review that began in July. Howard’s rating ...Read More »
DETROIT — Moody’s Investors Service says Detroit’s road through bankruptcy could set the tone or precedent for other financially distressed communities. The report released Friday says it doesn’t anticipate numerous defaults and bankruptcies, but more could come if Detroit successfully ...Read More »
Constellation Energy Group Inc. is Baltimore’s last remaining Fortune 500 corporation. One might assume that state officials would be focused on the stability and retention of major private sector employers like Constellation. Not so! Instead, the state has an addiction ...Read More »
The credit rating front has been quieter Wednesday with Maryland officials believing any Standard & Poor’s rating action will not come soon, if at all. Here are some of the things that didn’t quite make the stories in the dead-tree ...
Tagged with: Anirban Basu bonds Camden Yards credit rating Department of Legislative Services dow jones industrial average fitch fitch ratings maryland Maryland Stadium Authority moody's Moody's Investors Service s&p Sage Policy Group Inc. standard & poor's state retirement and pension system University of Baltimore Warren DeschenauxRead More »
Moody’s Investors Service warned Tuesday that it probably will lower the credit rating on five states if it downgrades the U.S. government’s credit rating. The credit rating agency said it has placed on review for possible downgrade the triple-A bond ...Read More »
Have you noticed “CODE X-RAY” on Baltimore’s streets? No, it’s not an alien invasion or early signs of the zombie apocalypse. It’s a new program by the Baltimore City Fire Department to warn firefighters that certain dwellings are vacant and ...
Tagged with: Baltimore City fire department bond rating bozzuto homes department of finance Development kevin cartwright leed Mayor Stephanie Rawlings-Blake mercy health services Moody's Investors Service paul t. graziano standard & poor's U.S. Census Bureau u.s. green building council vacants to valueRead More »