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>> MOODY'S Latest News

6 HOURS AGO - Washington Business Journal

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Moody's upgrades Kettering Health debt

Moody's Investors Service has upgraded Kettering Health Network's debt, in a move that will affect $397 million in revenue bonds issued locally. The agency upgraded Kettering Health to A2 from A3, affecting $397 million in revenue bonds issued through Montgomery, Butler and Greene counties. This comes as Moody's revised its outlook on the hospital group to stable. In a release, ...

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6 HOURS AGO - Philadelphia Inquirer

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Moody's: Philadelphia has one of largest pension liabilities

Philadelphia is paying more in pension payments, as a percentage of its operating budget, than any other major city in the country, a Moody's pension report said. The report, Pension Liabilities Rise for Most of 50 Largest Local Governments, released Friday, shows that in fiscal year 2013, Philadelphia paid 18 percent ($660.6 million) of its $3.7 billion operating budget to ...

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JUL 27, 2015 - Zero Hedge

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Commodity Carnage Will Hurt These 10 States The Most

As we’ve seen in Louisiana and West Virginia, the commodities downturn has had a real impact on state budgets.  Back in April for example, we explained how a sharp decline in oil tax revenue helped push LSU to the brink of bankruptcy and in West Virginia, the impact of falling coal prices has put significant pressure on the state’s books.  The ...

Tags: Commodity Carnage Will Hurt These 10 States The Most,  Moody's Latest News

JUL 27, 2015 - Zero Hedge

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Commodities Carnage Will Hurt These 10 States The Most

As we’ve seen in Louisiana and West Virginia, the commodities downturn has had a real impact on state budgets.  Back in April for example, we explained how a sharp decline in oil tax revenue helped push LSU to the brink of bankruptcy and in West Virginia, the impact of falling coal prices has put significant pressure on the state’s books.  The ...

Tags: Commodities Carnage Will Hurt These 10 States The Most,  Moody's Latest News

JUL 26, 2015 - Business Insider

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Greece's newest headache: How to lift capital controls

Athens (AFP) - It is just the headache Greece's government does not need right now: how can it loosen the capital controls that are shielding its banks, but strangling the rest of the economy? For the past month, Greece has been financially cut off from the rest of the world. It is almost impossible for most Greeks to take money ...

Tags: Greece's newest headache: How to lift capital controls,  Moody's Latest News