Last week, Moody’s downgraded King’s Daughters Medical Center’s (KDMC’s) debt from A2 to A3. The agency cited “a large $40.9 million Department of Justice settlement” as one of the reasons for [...]
MSRB EMMA is the authoritative source of official statements and official filings of material events abouteach municipal bond. However, like buying stocks based only on annual and quarterly reports, [...]
Last week, Bitvore users learned that South Carolina State University was facing a severe financial crisis. According to local news articles we captured, the school needs an emergency infusion of [...]
Last week’s Clippers/Warriors NBA playoff series was pretty exciting, but now the Golden State Warriors are creating some unwanted excitement for municipal bond investors.
The team has announced [...][fusion_builder_container hundred_percent="yes" overflow="visible"][fusion_builder_row][fusion_builder_column type="1_1" background_position="left top" background_color="" border_size="" [...]
Pension underfunding has been a major concern for municipal bond investors in California, Illinois and Michigan. But pension shortfalls can pop up anywhere, and news of underfunding problems is [...]
Our nation has thousands of smaller cities, and no one keeps tabs on their financial condition in real time. Consequently, municipal bond investors can be caught by surprise when one of these cities [...]
The muni press covers the situation in Puerto Rico thoroughly and the investors read the muni press - so what nuggets of insight (i.e. information advantage) escape the investor? The fact is that [...]