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Six Flags Statement Regarding New York Stock Exchange Listing Standards (PR Newswire via Yahoo! Finance)
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Six Flags, Inc. announced today that it is not in compliance with the continued listing standards of the New York Stock Exchange because the thirty-day average closing price of the Company's common stock was less than $1.00.
 
Fitch Rates Bally's New Credit Facility 'BB+' (Business Wire via Yahoo! Finance)
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NEW YORK----Fitch Ratings has assigned a 'BB+' rating to Bally Technologies, Inc.'s new $300 million credit facility. The credit facility rating is two notches above Bally's 'BB-' Issuer Default Rating due to Fitch's view of strong over-collateralization of that debt.
 
MarketWatch First Take: Responsible borrowers get short end of B of A settlement (Market Watch)
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NEW YORK (MarketWatch) -- Bank of America Corp.'s settlement to help 400,000 home borrowers stay in their homes is another solution that leaves some people feeling like injured parties, namely: borrowers making good on their debt.
 
Fitch Confirms University of Virginia CP Rating at 'F1+' (Business Wire via Yahoo! Finance)
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NEW YORK----Fitch Ratings confirms the 'F1+' rating on The Rector and Visitors of the University of Virginia commercial paper general revenue pledge notes, series A and series B . The university recently approved an increase in maximum CP program authorization from $175 million to $300 million, providing increased market flexibility and expanded capacity to meet capital expenditures.
 
Massachusetts Leads States, Cities Looking to Revive Debt Sales (Bloomberg)
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Oct. 6 (Bloomberg) -- Massachusetts plans to sell $750 million in short-term notes this week, leading states and local governments seeking to revive debt sales after financial turmoil inhibited their ability to borrow since mid-September.
 
Fitch Rates Bally's New Credit Facility 'BB+' (Centre Daily Times)
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Fitch Ratings has assigned a 'BB+' rating to Bally Technologies, Inc.'s (Bally's) new $300 million credit facility. The credit facility rating is two notches above Bally's 'BB-' Issuer Default Rating (IDR) due to Fitch's view of strong over-collateralization of that debt. The Rating Outlook is Positive.
 
States Roiled by Credit Crisis; Schwarzenegger Suggests Fed Aid (Bloomberg)
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Oct. 3 (Bloomberg) -- U.S. states and municipalities from New York to California are facing deteriorating finances as investors shun their bonds in a credit market averse to all but the safest debt and a slowing economy erodes revenue.
 
Massachusetts Leads States, Cities Looking to Revive Debt Sales (Bloomberg)
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Oct. 6 (Bloomberg) -- Massachusetts plans to sell $750 million in short-term notes this week, leading state and local governments seeking to revive debt sales after financial turmoil inhibited their ability to borrow since mid-September.
 
Around the Nation (The Washington Times)
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ALABAMA: Alabama is taking a hit from the nation's financial crisis, which has lowered the value of the state pension fund, reduced earnings in a plan to send students to college and eaten up more than $100 million of a state budget that pays for prisons, state troopers and Medicaid.
 
Fitch Confirms University of Virginia CP Rating at 'F1+' (Centre Daily Times)
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Fitch Ratings confirms the 'F1+' rating on The Rector and Visitors of the University of Virginia (the university) commercial paper (CP) general revenue pledge notes, series A (tax-exempt) and series B (taxable). The university recently approved an increase in maximum CP program authorization from $175 million to $300 million, providing increased market flexibility and expanded capacity to meet ...