moody s corporation

Maryland employers added more than 9,000 jobs in July, according to a new Department of Labor survey data released Friday.

By Natalie Sherman

Aug 21, 2015

Toll reductions announced last week for bridges and tunnels across Maryland are a "credit negative" for the Maryland Transportation Authority, according to an analysis by Moody's Investor Service.

By Kevin Rector

May 13, 2015

Harford County raised $45 million in "new money" to fund ongoing capital projects and $74.08 million to refinance a portion of debt through bond sales Tuesday.

Ahead of a planned $115 million bond sale next week, Harford County has received Triple-A credit ratings from three national rating agencies.

Howard County has received the highest possible credit rating an 18th time.

As Philadelphia's Superintendent of Schools, I recommended the approval of more than 30 charter schools because I thought it would improve educational opportunity for our 215,000 students. The last 20 years make it clear I was wrong. Those advocating change in Maryland's charter law through proposed legislation are equally committed to educational improvement. They are equally wrong. New

Citing lower enrollment trends and budget pressures, Standard & Poor's Ratings Services revised its outlook on the University System of Maryland's bonds from stable to negative.

By Carrie Wells

Feb 10, 2015

Maryland employers added an estimated 11,000 new jobs in December, driving the state's unemployment rate down a tenth of a percentage point to 5.5 percent, according to data released Tuesday.

The division of Caesars Entertainment Corp. that operates the Horseshoe Casino Baltimore filed for bankruptcy protection Thursday, but customers of the Russell Street gambling destination should barely notice the restructuring.

By Jeff Barker

Jan 15, 2015

Baltimore County's government bonds again received the highest marks from the three major bond rating agencies.

By Pamela Wood

Dec 10, 2014

The unemployment rate in Maryland fell to 6 percent in October, even as job creation remained sluggish.

The Carroll Board of County Commissioners passed a motion to forgive $644,000 of debt — including nearly $300,000 in interest — owed by the town of Sykesville at their meeting on Thursday.

More than five years into the economic recovery, many households in Maryland still aren't feeling the lift. Overall personal income — which includes wages, investment income and payments from programs such as Social Security — grew an estimated 1 percent in the second quarter of 2014 in Maryland, compared to 2.5 percent in the U.S. as a whole.

Maryland's unemployment rate shot up in July when employers cut 9,000 jobs — one of the largest losses in the country, the federal government said Monday.

Tribune is just the latest multimedia news company to split up its broadcasting and publishing assets, joining Rupert Murdoch's News Corp. and E.W. Scripps, which completed such a spinoff just last week. Such separation is gaining momentum as traditional media seek to adapt to the fast-evolving digital landscape.

Standard & Poor's raised Baltimore's bond rating to its highest level in years — a move that reflects growing confidence in the city's fiscal health and will lead to potentially millions of dollars in savings for the city's budget.

Open gambling tables and slot machines were easy to find this week at the Trump Plaza Hotel and Casino, now that the standing-room crowds once common to high tourist season at the world's most famous boardwalk have found other spots to visit and place their bets.

What are likely to be the final bond ratings of the Gov. Martin O'Malley's term offer a validation of his fiscal policies.

Maryland kept its coveted AAA bond rating this week, an accomplishment that allows it to continue borrowing cash more cheaply than most states. Gov. Martin O'Malley heralded the rating from New York bond agencies Tuesday as proof of his sound fiscal stewardship of Maryland.

Legg Mason plans to close a deal to restructure $650 million in debt this month, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds.

Maryland's unemployment rate ticked upward as employers shed 1,300 jobs in May, the U.S. Department of Labor estimated Friday.

Maryland employers added 2,300 jobs in March, and the unemployment rate remained essentially unchanged since February, according to preliminary estimates released by the U.S. Department of Labor on Friday.

The city-owned Hilton Baltimore spent nearly all of the $2.8 million in hotel occupancy taxes the city set aside last year to help the struggling convention center hotel make its debt payments, officials said.

Piper Jaffray was the winning bidder in Harford County's $40 million bond sale Tuesday, offering a 3.0465 percent interest rate to beat out 11 other bidders.

Harford County government announced it has received top ratings from the nation's three major municipal bond rating agencies in advance of a $40 million bond sale scheduled for March 11.

Harford County officials plan to postpone by a month a planned sale of bonds to finance two key public safety-related projects and other capital improvements.

Gov. Martin O'Malley's plan to divert pension savings to the general fund is unfair to workers and potentially harmful to Md.'s fiscal health.

Maryland's economy might do better this year than last year — and then again, it might not. It depends on which forecast is most prophetic.

Analysts expect a solid housing market in 2014, in the Baltimore area and nationally, after a year in which the battered housing market got on firmer footing.

Maryland employers added 8,900 jobs in November, largely in the private sector, pushing the state's unemployment rate down to 6.4 percent, the federal government said Friday.

Home prices in the Baltimore metro region continued a slow and steady climb in November, rising just over 4 percent compared to this time last year.

After scandal, lost doctors and patients, University of Maryland Medical System bolsters St. Joseph

Carroll County received positive credit ratings, including one upgrade, from bond rating agencies after the county's annual bond review in New York. Carroll received a AAA rating, the highest possible, from both Fitch Services and Standard and Poor's Rating Service. The county received a Aa1 rating from Moody's Investor Services.

Maryland's federal workers and contractors could once more be without paychecks in three months, which is bad news for holiday spending.

A George Mason University study of six cities in "fiscal distress" has concluded that Baltimore is demonstrating "resiliency" and is on "reasonably solid financial footing."

The University of Maryland Medical System has set aside tens of millions of dollars because of complex financial transactions related to interest rates that have not paid off — yet. The medical system cannot use those funds even as it wrestles with financial pressures that have led to layoffs, but defends its use of the interest rate swaps.

The city-owned Hilton Baltimore lost nearly $11.2 million in 2012 — a slight improvement from a year early, according to an audit to be presented to the Board of Estimates next week.

Employees are reaping the rewards of a slowly recovering job market. It's marked by higher job turnover as employers begin to expand and hire to fill new jobs.

Two bond rating agencies improved the outlook for Anne Arundel County's government bonds, officials announced Monday.

Moody's Investor Services said Monday that it was reviewing for a possible downgrade the credit rating of St. Mary's College of Maryland

Maryland employers cut 6,200 jobs in April, cutting short a string of gains, the U.S. Department of Labor said Friday.

Joel Brinkley writes that President Morsi is fiddling while his nation's economy burns.

Maryland employers added 6,700 jobs in January, picking up the pace from the end of last year, the U.S. Department of Labor said Monday.

Howard County has maintained its Triple-A credit rating from all three bond ratings agencies after one agency had warned the county might lose its Triple-A standing due to uncertainty with the federal government.

University of Maryland St. Joseph Medical Center has received a new Medicare provider agreement from the federal government, allowing it to once again seek reimbursement for patients on the government health program.