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Municipal bond buyers can be a fickle lot, sometimes backing away from issuers at the first sign of trouble, according to Jennifer Elmore, a retail broker with Dain Bosworth Inc. [...]

Corporations looking for ways to increase or decrease financial leverage may find positive benefits in effectively managing corporate real estate. Realizing the complete financial value of corporate real estate assets is difficult, but it can enable firms to: support financings by retaining real estate; gain financial benefits by renegotiating and leveraging leases; and maximize benefits by redeploying underutilized assets. Financial managers should be aware, however, of five guidelines: investment professionals may oversell solutions; real estate is there primarily for operational use; maximizing value is hard; positive present-value financings are rare; and value and liquidity are difficult to balance., Cashing in on corporate real estate In the 1990s, successful CEOs and CFOs will focus on shareholder value, cash flow and corporate profitability. Effectively managing corporate real estate will be [...]

Paul J. Silvester always used to be the man behind the scenes. But now, as Connecticut treasurer and sitting in an airy blue-toned office, he is on cen- ter stage [...]

Connecticut's debt ratios are among the nation's highest, its cities are pock- marked by blight, and its school systems are studies in rich-poor disparity. So why is Republican Gov. John [...]

At the beginning of last week, most observers agreed that taking the Connecticut treasurer's seat away from Christopher B. Burnham would be a difficult task. But Burnham's announcement on Thursday [...]

Some days it just doesn't pay to be a bond insurer. Decreased bond issuance is fueling intense competition and a price war among credit enhancers, rating agency analysts say. The [...]

Portfolio managers and marketing analysts for municipal bond funds think that fund flow statistics are great for telling the present and documenting the past, but not so helpful for telling [...]

Connecticut Gov. John G. Rowland and top state officials have agreed to tap a portion of the state's projected $500 million surplus to help cover the rising costs of a [...]

While the deadline the New Hampshire Supreme Court set for the state to revise its school funding formula passed last week without a resolution, rating agencies are treading cautiously on [...]

Partners Healthcare System of Massachusetts is the biggest kid on the block - which partly explains why, despite an $18 million operating loss in the first quarter, rating agencies and [...]

Moody's Investors Service has revised its outlook on $137 million of Newton-Wellesley Hospital debt from a negative to uncertain, with the hospital given 50/50 odds of an upgrade. The hospital's [...]

The University of Connecticut will issue $80 million of general obligation bonds next week - the fourth installment in the $1.25 billion UConn 2000 program to revamp the school's infrastructure. [...]

Vermont Gov. Howard Dean is proposing to spend $313 million in federal transportation grants and bond proceeds over the next three years to fix the state's roads and bridges. The [...]

All that's standing between construction of the $374 million bondfinanced New England Patriots stadium and the revitalization of downtown Hartford is a steam plant that won't move. Efforts to prepare [...]

DELAWARE Treasurer's Budget Newly elected Treasurer Jack Markell submitted his departmental budget request to the General Assembly this month, a first step in what he said will be an effort [...]

As Maine Treasurer Dale McCormick prepares to outline ideas next week for the use of the state's expected $1.5 billion share of the 46-state tobacco settlement, key lawmakers aren't bothering [...]

Moody's Investors Service and Standard & Poor's are considering downgrading $36 million of industrial development bonds issued by the Connecticut Resources Recovery Authority for its Southeastern Project. The IDBs are [...]

By David Kaplan New Hampshire's lawmakers will have to settle the school funding crisis among themselves, as the state Supreme Court rejected a proposed voter referendum on instituting an income [...]

By David Kaplan The Massachusetts Turnpike Authority priced $809 million of bonds Wednesday, in its final major debt sale to finance work on the $10.8 billion Central Artery/Tunnel project. The [...]

By David Kaplan A law firm Rhode Island officials said was partially liable for the state's 1991 banking crisis settled with the state last week for $14.5 million, which will [...]

By David Kaplan During her campaign for office last fall, Massachusetts Treasurer Shannon P. O'Brien promised to become an active player in the commonwealth's debt policies. Today, she will have [...]

By David Kaplan There is life after the Connecticut state treasurer's office, as has been proven once again by the employment opportunities enjoyed by former treasurers Paul J. Silvester and [...]

By David Kaplan Today's $80 million of mortgage-purchase bonds from the Maine State Housing Authority would have been the agency's first variable-rate deal, had it not been for low fixed [...]

By David Kaplan Despite a growing unfunded pension fund liability, Bridgeport, Conn., was upgraded to Baa1 from Baa2 by Moody's Investors Service Friday. Bridgeport is in the midst of a [...]

As Connecticut's Mohegan Tribal Gaming Authority attempts to finance a major expansion of its casino into a hotel and entertainment complex, the tribe is extending the expiration date of its [...]

The Massachusetts Turnpike Authority intends to issue $600 million of revenue bonds next month, chairman James Kerasiotes said at a presentation at Northeastern University Tuesday. The turnpike's board will review [...]

Rhode Island Gov. Lincoln C. Almond proposed a $2.16 billion budget Thursday for fiscal year 2000, and like many state leaders, is counting on money from the tobacco industry to [...]

New York should have the means to identify and rescue financially troubled local governments before the problems spiral out of control, state Comptroller H. Carl McCall said here yesterday. McCall [...]

By Kaplan, David The Connecticut Resources Recovery Authority is offering to remove the major remaining roadblock to a new, $374 million stadium for the New England Patriots in downtown Hartford [...]

By Kaplan, David Pawtucket, R.I.-based Memorial Hospital is considering an affiliation with Massachusetts' Partners HealthCare System that would give Memorial a degree of independence while lending strength to its finances. [...]

By Kaplan, David Despite 11 years as executive director of both the Vermont Educational & Health Buildings Financing Agency and the Vermont Municipal Bond Bank, Malcolm S. Rode's two hats [...]

By Kaplan, David The Vermont Debt Affordability Advisory Committee has recommended that the state authorize no more than $39 million of long-term debt for fiscal year 2000. The chairman of [...]

By Kaplan, David The collapse of the Allegheny Health, Education, and Research Foundation's Philadelphia hospitals last year emitted shockwaves that reached Rhode Island. AHERF's bankruptcy continues to hang over the [...]

By Kaplan, David If it seems unusual for a housing finance agency to use general obligation debt for construction projects to complement the more typical revenue bond issues, Thomas F. [...]

By Kaplan, David When asked about his opponent's proposal to have Rhode Island's general treasurer draft contracts urging pension managers to consider the state first when planning business expansion, new [...]

By David Kaplan The coming year will bring a good deal of unorthodox issuance from the Massachusetts Health and Educational Facilities Authority, according to executive director Robert J. Ciolek. While [...]

By David Kaplan Massachusetts has the third-highest debt in the nation on a per capita basis, and incoming state Treasurer Shannon P. O'Brien wants to make her views about it [...]

By David Kaplan In 1998, the Connecticut Health and Educational Facilities Authority closed a record 15 bond issues and six leases totaling approximately $700 million, said acting executive director David [...]

By David Kaplan Issuance is down lately at the Connecticut Housing Finance Authority, but given where the CHFA was a few short years ago officials still have plenty to celebrate, [...]

By David Kaplan It has been a long struggle to the state treasurer's office for former Hartford City Treasurer Denise L. Nappier. First elected city treasurer in 1989, Denise Lynn [...]

By David Kaplan Proponents of legalized gambling in Massachusetts are receiving unexpected support from a former foe: House Speaker Thomas Finneran, D- Boston. Finneran, who helped kill a gaming bill [...]

By Kaplan, David The Massachusetts Turnpike Authority yesterday sharply denied allegations in a state auditor's report that the agency wasted about $40 million by establishing larger-than-necessary reserve funds in conjunction [...]

By Kaplan, David Massachusetts Gov. A. Paul Cellucci unveiled his $20 million operating budget for fiscal 2000 Thursday, along with promises for 'fiscal restraints.' The highlight of Cellucci's budget, the [...]

By Kaplan, David February is shaping up as a crucial month for New Hampshire's schools, as lawmakers struggle to reform the public education funding system before an April 1 deadline [...]

By Kaplan, David The Connecticut State Ethics Commission is warning public officials who played a part in the $375 million New England Patriots stadium deal that they should wait at [...]

By Kaplan, David Turnover at the top of the Rhode Island treasurer's office has created a vacancy below. Last week, deputy treasurer James E. Thorsen left his position to take [...]

By Kaplan, David In little more than a year, Maine's electric utilities will be deregulated, and the Maine Health and Higher Educational Facilities Authority is already working to ensure that [...]

By Kaplan, David The Hitchcock Clinic officially announced its deficit of $20 million on $300 million of revenue this past fiscal year, which could damage the A ratings Fitch IBCA [...]