Municipal Bonds 12/26/2006
Municipal Bonds
North Carolina Hospital Leads Municipal Borrowers Selling $890 Million Mission Health Inc., a hospital system based in Ashville, North Carolina, will lead U.S. state and local governments in selling $890 million of municipal bonds in a holiday-shortened week.
Treasuries Little Changed on Signs Holiday Spending Was Less Than Expected U.S. Treasuries were little changed, paring earlier gains, amid signs holiday spending fell short of analysts' expectations.
Merrill, Goldman Among 48 Firms Mulling Bid for Pennsylvania Road Lease Bank of America Corp., Bear Stearns Cos., and Goldman Sachs Group Inc. are among 48 private firms interested in leasing the 537-mile (864-kilometer) Pennsylvania Turnpike, according to a list released by the state.
Bernanke, Trichet, Fukui May Fail King's `Boring' Test on Rates Next Year Bank of England Governor Mervyn King says interest rates should be so predictable that investors view policy-making as ``boring.'' On the evidence of economists' forecasts for 2007, the world's central bankers may fail his test.
Citigroup Loses Investment-Banking Business in Japan After Nikko Penalties Citigroup Inc., the world's biggest bank, is losing investment-banking business in Japan after the top two executives at partner Nikko Cordial Corp. resigned over charges of falsified earnings statements.
North Carolina Hospital Leads Municipal Borrowers Selling $890 Million Mission Health Inc., a hospital system based in Ashville, North Carolina, will lead U.S. state and local governments in selling $890 million of municipal bonds in a holiday-shortened week.
Treasuries Little Changed on Signs Holiday Spending Was Less Than Expected U.S. Treasuries were little changed, paring earlier gains, amid signs holiday spending fell short of analysts' expectations.
Merrill, Goldman Among 48 Firms Mulling Bid for Pennsylvania Road Lease Bank of America Corp., Bear Stearns Cos., and Goldman Sachs Group Inc. are among 48 private firms interested in leasing the 537-mile (864-kilometer) Pennsylvania Turnpike, according to a list released by the state.
Bernanke, Trichet, Fukui May Fail King's `Boring' Test on Rates Next Year Bank of England Governor Mervyn King says interest rates should be so predictable that investors view policy-making as ``boring.'' On the evidence of economists' forecasts for 2007, the world's central bankers may fail his test.
Citigroup Loses Investment-Banking Business in Japan After Nikko Penalties Citigroup Inc., the world's biggest bank, is losing investment-banking business in Japan after the top two executives at partner Nikko Cordial Corp. resigned over charges of falsified earnings statements.
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