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Sep 01, 2014

Moody's gives Amityville low credit rating for future bond sale

Moody's Investors Service assigned a low credit rating to Village of Amityville bonds last week, a sign of continued concern about its finances despite shrinking deficits. The agency cited the village's "very weak financial position," limited liquidi...

Aug 28, 2014

Dealertrack wins tax breaks from Nassau County for new North Hills headquarters

Nassau County Wednesday night gave millions of dollars in tax breaks to a fast-growing computer software business to keep it from leaving. In return for the help, Dealertrack Technologies Inc. has agreed to move its headquarters from Lake Success to ... #Canada #Florida #Texas #South Carolina #Utah #New Jersey #Hain Celestial Group, Inc. #Nassau County, NY

Aug 24, 2014

Money Fix: Know your rights on debts, set up a payment plan

Debt may not be the topic at the dinner table, but it's on most everyone's mind. A recent survey from The Urban Institute found that 35 percent of people with credit have debts that have been reported to collection agencies. "It's harder to make ends... #Canada #Florida #Texas #South Carolina #Utah #New Jersey #Hain Celestial Group, Inc. #Nassau County, NY

Aug 26, 2014

Dowling College hires Albert Inserra as new president

Dowling College, the financially troubled liberal arts school in Oakdale, has a new president. Albert F. Inserra, chair of Dowling's doctoral program in educational administration, leadership and technology, will lead the college effective immediatel... #Dowling College #Moody's

Aug 24, 2014

Foxwoods casino owners again feeling strain of massive debt

The tribe that runs the country's largest resort casino is showing new signs of strain under the weight of its billion-dollar debt, saying it has had to review its options with senior lenders as a slump continues to batter the Foxwoods Resort Casino.... #London #Rhode Island #Connecticut

Aug 17, 2014

Two agencies give Babylon Town favorable credit ratings

Ratings agencies Standard & Poor's and Moody's have assigned favorable credit ratings to Town of Babylon bonds, a sign of confidence in town finances. Citing a healthy town economy, budget flexibility and an aggressive debt-retirement program, th... #Moody's #Babylon, NY

Aug 13, 2014

Moody's boosts East Hampton Town's bond rating

Moody's Investors Service has upgraded East Hampton Town's bond rating to Aa2 from Aa3, following the town's recovery from near-bankruptcy five years ago. The upgrade "reflects the town's stable financial position, which has improved over the past se... #Moody's #Babylon, NY

Aug 07, 2014

Editorial: Bellone prepares for fiscal reckoning

Suffolk County Executive Steve Bellone says he still has specific ideas for saving money and will introduce them soon. But his ideas might make some county legislators, unions and voters furious. That's why he made a very public call in July for thos... #Moody's #Babylon, NY

Aug 30, 2014

Eurozone inflation drops to 0.3%

FRANKFURT, Germany -- Inflation in the eurozone continued to decline in August while unemployment hovered near record-high levels, according to official data released Friday, reinforcing expectations that the European Central Bank would soon take mor... #European Central Bank #European Union #Mario Draghi #Federal Reserve

Aug 28, 2014

Fin24.com | PSG Konsult credit rating upgraded

PSG Konsult has advised shareholders that the rating agency Global Credit Rating Company has upgraded its long-term rating... #European Central Bank #European Union #Mario Draghi #Federal Reserve