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A collection of news and information related to Moody's Corporation published by this site and its partners.
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Bonds will help utility cut debt
Burbank Water and Power will issue water bonds for the first time in more than a dozen years after the City Council this week granted the utility's request to use the earnings to fund projects and reduce debt.
The revenue bonds are not to exceed $41...Tags: Burbank (Los Angeles, California), Bob Hope, Michael Thompson, Credit Ratings
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SeaWorld: Rising sales on higher prices in 1st earnings report
Reporting financial results for the first time as a publicly traded company, SeaWorld Entertainment Inc. said Wednesday that its first-quarter sales jumped 12 percent, powered in large part by higher prices. The Orlando-based theme-park owner also...
Tags: SeaWorld, Antarctica, Corporate Officers, Companies and Corporations, Jim Atchison
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Md. sheds 6,200 jobs in April, Labor Department says
Maryland employers slashed 6,200 jobs in April, cutting short a string of gains, the U.S. Department of Labor said Friday, as the state began feeling the pinch of federal budget sequestration and cutbacks in consumer spending. But the government's...Tags: Unemployment, Economic Indicator, Unemployment Rate, Labor Markets, Business
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Big week ahead for SeaWorld
This is a big week for SeaWorld. SeaWorld Orlando on Friday will hold the grand opening for "Antarctica: Empire of the Penguin," which the park bills as the largest expansion in its history. SeaWorld has high hopes for the 3.6-acre land, which...
Tags: SeaWorld, Aquatica, Antarctica, Tourism and Leisure, Entertainment
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Complaining CEOs need to take a hike
I took a walk early Wednesday morning. Azaleas and dogwoods were in bloom. Green-again trees and shrubs were damp, dripping from Tuesday's rain. A zillion birds were singing, and even the starlings sounded sweet. The Orioles had won another game. A...
Tags: Business Enterprises, Unemployment Rate, Labor Markets, Corporate Officers, Government
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Seminoles secure $750M loan
The Seminole Tribe of Florida announced earlier this week that it secured a new seven-year, $750 million loan. They'll use the money to pay off an existing loan that was set to mature in 2014. Those who follow the tribe's finances say the loan...Tags: Native American Gaming Management, Casino and Gambling Industry, The Seminole Tribe
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Rating agency: Allentown water/sewer lease is 'credit positive'
Allentown's recently approved water and sewer lease is "credit positive" for the city, according to a news release from Moody's Investors Service. A "credit positive" label indicates that the lease will have a positive financial impact on the city...Tags: Politics, Allentown, Local Government, Credit and Debt, Ratings
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J.C. Penney woes may persist as Best Buy rebounds
For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...
Tags: Macy's, Best Buy Co., Inc., Coca-Cola Co., Corporate Officers, Kohl's
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On health care, some yap while others act
Last week, I watched two groups of people hold passionate discussions about health care. During one, doctors, pastors and patients swapped stories of inspiration and altruism, urging everyone to help as many people as possible. During the other,...
Tags: Rick Scott, Government Health Care, Church Street Station, Medicaid, Tallahassee (Leon, Florida)
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Europe austerity strategy is hurting growth, IMF says
WASHINGTON — Britain and the Eurozone are steadfastly sticking to austerity measures despite increasing evidence that such action alone isn't working to revive their economies and is dragging down global growth. Such persistence, analysts said,...
Tags: Economic Policy, Sweden, Brookings Institution, United Kingdom, International Monetary Fund
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MarksJarvis: While 'real economy' struggles, stocks rebound
After Monday's plunge of almost 266 in the Dow Jones industrial average, investors were buying again Tuesday, pushing up stocks more than 157 points despite an International Monetary Fund report pointing to a far weaker economy than Wall Street's cheery...
Tags: Coca-Cola Co., China, Federal Reserve, International Monetary Fund, Money and Monetary Policy
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J.C. Penney ad apologizes for missteps
Tribune NewspapersJ.C. Penney is pleading publicly for its customers to come back to its stores, releasing a new commercial apologizing for a jumble of changes instituted by recently ousted chief executive Ron Johnson. The 30-second video went live on YouTube, Facebook...Tags: JC Penney Company Inc., Goldman Sachs Group, Inc., Media Industry, Credit Ratings, Social Media
Oct 22, 2010
|Story| Burbank Leader
May 22, 2013
|Story| Orlando Sentinel
May 17, 2013
|Story| Baltimore Sun
May 20, 2013
|Story| Orlando Sentinel
May 8, 2013
|Column| Baltimore Sun
May 3, 2013
|Story| South Florida Sun-Sentinel
May 3, 2013
|Story| Allentown Morning Call
May 10, 2013
|Story| Los Angeles Times
Apr 20, 2013
|Column| Orlando Sentinel
Apr 19, 2013
|Story| Los Angeles Times
Apr 17, 2013
|Column| Chicago Tribune
May 2, 2013
|Story| Chicago Tribune
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