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Socialist Hollande Ousts Sarkozy As French Leader
ReutersPARIS (Reuters) - Socialist Francois Hollande swept to victory in France's presidential election on Sunday in a swing to the left at the heart of Europe that could start a pushback against German-led austerity. Hollande beat conservative incumbentNicolas...Tags: Market and Exchange, Nicolas Sarkozy, Regional Elections, Economy, Business and Finance, Paul Taylor
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JPMorgan $2 Billion Loss Hits Shares, Credit, Image
ReutersNEW YORK/LONDON (Reuters) - JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for...Tags: JPMorgan Chase & Co., Financial Markets, Barney Frank, Mutual Funds, Central Bank
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It's time to reevaluate the airport
The withdrawal of American Airlines from Bob Hope Airport is more than just another bump in the road for the regional airfield. __________________________________ FOR THE RECORD: This editorial incorrectly stated the number of passengers the Bob Hope...Tags: American Airlines, Inc., Credit and Debt, Credit Ratings, Los Angeles International Airport, Bob Hope
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The river of no return
Regarding your article in the Burbank Leader on June 4, “Airport gets credit rating warning,” yes, the people of Glendale, Burbank, and Pasadena should be very concerned about the rating that has just come out by Fitch — that gives the...Tags: Credit and Debt, California, Credit Ratings, Pasadena (Los Angeles, California), Bob Hope
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Airport is 'a good steward of public funds'
In the June 4 print versions of the Burbank Leader and Glendale News-Press, the sub-headline said Fitch “questioned” the Burbank-Glendale-Pasadena Airport Authority’s proposed use of bonds for the transportation center (“Airport...Tags: Transportation, Finance, Minor League Baseball, Credit and Debt, Credit Ratings
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Mayor agrees to remove homes with estimated water bills from tax sale
Mayor Stephanie Rawlings-Blake agreed Friday to stop seizing homes over unpaid water bills in cases where the bills were estimated, a practice that city officials say led to widespread inaccuracies. The move is a compromise between Rawlings-Blake and...Tags: Credit and Debt, Credit Ratings
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WMU expects to save $1.5M with refinancing deal
The Winchester SunThe Winchester Municipal Utilities Commission expects to save $1.5 million over the next 20 years by refinancing a 2002 bond. Thanks to an A rating from Standard and Poor’s Rating Service and lower interest rates, WMU will retire the original...Tags: Money and Monetary Policy, Finance, Banking, Credit and Debt, Credit Ratings
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Fitch raises Ford's credit rating to investment grade from junk
Fitch Ratings likes what it currently sees in Ford Motor Co., upgrading the automaker’s credit rating Tuesday to investment grade from its long-held junk status. Determining the Dearborn, Mich., giant to now have “sufficient financial...
Tags: Manufacturing and Engineering, Volkswagen, Entertainment, Concerts, Credit and Debt
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Bob Hope Airport faces tough times
Thanks to the loss of an airline, declining parking revenues and fewer passengers using the airfield, Bob Hope Airport is facing one of its roughest budget years ever, officials reported this week.
Airport officials also are staring at a multimillion-...Tags: American Airlines, Inc., Finance, Credit and Debt, Federal Aviation Administration, Credit Ratings
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Bob Hope credit rating is up in the air
Credit rating agency Fitch said Thursday that it might downgrade the Burbank-Glendale-Pasadena Airport Authority after it gets a clearer picture of the airfield’s financial standing later this year.
Fitch has already put the airport authority on...Tags: American Airlines, Inc., Finance, Credit and Debt, Credit Ratings, Economy, Business and Finance
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One of the basics
Upon announcing earlier this week that Harford County government had retained its AAA bond rating, County Executive David R. Craig made a wry comment to the effect that the federal government could take a lesson from Harford County when it comes to fiscal...Tags: Republican Party, Manufacturing and Engineering, Automotive Equipment, Credit and Debt, Manufacturing and Engineering
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Bob Hope dealt blow by carrier's departure
The decision by American Airlines to pull out of Bob Hope Airport might further harm an airfield that has been grappling with a yearlong slide in passenger numbers, which gained the notice of an important credit rating agency.
American, which made up 7....Tags: American Airlines, Inc., Credit and Debt, Financial and Business Services, Economy, Business and Finance, Finance
May 6, 2012
|Story| Chicago Tribune
May 12, 2012
|Story| Chicago Tribune
Jan 20, 2012
|Story| Burbank Leader
Jun 7, 2011
|Story| Burbank Leader
Jun 24, 2011
|Story| Glendale News Press
Mar 23, 2012
|Story| Baltimore Sun
Apr 6, 2012
|Story| Winchester Sun
Apr 24, 2012
|Story| Los Angeles Times
Mar 11, 2012
|Story| Glendale News Press
Feb 19, 2012
|Story| Burbank Leader
Jan 5, 2012
|Story| Baltimore Sun
Jan 10, 2012
|Story| Burbank Leader
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