General Motors stunned the financial markets Wednesday with its announcement of a $1.2 billion second quarter operating profit. The report shocked Wall Street...
Muni Bonds News and Perspectives
Below are bond market commentaries, strategies and analyses written by our municipal bond specialists. They are listed by date.
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GM Considers Alliance with Renault-Nissan
General Motors' convened a special board meeting today to consider an alliance with Renault-Nissan, according to Automotive News, a trade publication. The...
Bullish on GM Stock? Check Out The Bonds
Now that General Motors appears to be making strides toward implementing its long-term turnaround strategy, Wall Street is warming to the notion that the...
California’s Comeback
For the second time in less than a week, the state of California received a credit rating upgrade, continuing a three-year comeback for the state and...
Tobacco Funds Going Where They Should Be
Almost $6 billion went to states last year as part of the tobacco settlement agreement. And what are they doing with the cash? Just what they're supposed to...
Loan Ends Government Shutdown in Puerto Rico
A loan agreement signed by Puerto Rico's governor ended a two-week partial shutdown of the island's government and will enable the government to renew...
Puerto Rico’s Financial Crisis Causes Government Shutdown
For now, debt service payments by Puerto Rico's governmental agencies are not at risk, even though the Commonwealth faces a shutdown of governmental services....
Social Security and Muni Bonds
We frequently discuss the media's many misperceptions about municipal bonds. Whether on high profile, national financial television shows or in local...
Florida Axes Intangibles Tax
Several years after they began chipping away at the state Intangibles Tax, Florida lawmakers this week voted overwhelmingly to repeal it. The tax affects...
Top Tobacco Companies Make Full MSA Payments
R.J. Reynolds and Lorillard have paid their full share due under the Master Settlement Agreement (MSA) this year, bringing the total combined payments of the...
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