A final report issued by an arbitrator yesterday upheld the claim of major cigarette manufacturers that the Master Settlement Agreement (MSA) was instrumental...
Arbitrator Sides with Tobacco Companies in MSA Dispute
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Muni Bonds News and Perspectives
Below are bond market commentaries, strategies and analyses written by our municipal bond specialists. They are listed by date.
If you have any questions, please call us at 1-800-367-2663 or e-mail us.
Ray of Sunshine in Florida : Intangible Tax on the Ropes
Florida lawmakers are in the process of making 2007 a happy new year for Florida investors holding out-of-state bonds. A bill to repeal the Intangible Tax,...
Individual Investors Hold Record Amount of Munis
Individual investors continued aggressively buying tax-free municipal bonds in 2005, according to the Federal Reserve Board's quarterly "Flow of Funds" data....
Look Who Else Likes Munis
Where does Suze Orman, the high profile "financial freedom" counselor, invest her own money? According to a recent newspaper article, Ms. Orman finds...
A Forward Strategy for the Inverted Yield Curve
You're probably familiar with the inverted yield curve. The TV talkers and financial press are aflutter with the phenomenon, and it's become part of the...
Citigroup and Wachovia May Compete for GMAC
General Motors Acceptance Corp. is drawing interest from various suitors, including Citigroup Inc. and Wachovia Corp. Citigroup Inc. and hedge fund Cerberus...
Ford Plans its ‘Way Forward’
Ford Motor Company this week announced improved fourth quarter 2005 results and presented its long awaited turnaround plan that it calls "Way Forward."...
GM Reports 2005 Financial Results
General Motors announced losses (net of special items) of $3.4 billion for calendar year 2005 and $1.2 billion in the year's final quarter, capping one of the...
GM Proposes Multi-Pronged Turnaround Strategy
General Motors plans to get its automobile business back on track, management told automobile analysts recently, by focusing on the quality of GM products,...
Kentucky Court Says State Can’t Tax Interest on Out-of-State Bonds
In a decision that may have far reaching implications for the municipal bond market, the Kentucky Court of Appeals ruled that it is unconstitutional for the...
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