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S&P downgrades Chicago Public Schools credit to BB

NEW YORK, Aug 14- Standard& Poor's Ratings Services on Friday cut the credit rating for the Chicago Board of Education, responsible for the oversight of Chicago Public Schools, to "junk" status, dropping its general obligation bonds to a rating of' BB' from' BBB'. The nation's third-largest public school system earlier this week released its $5.7 billion 2016 budget,...
Source: Reuters
Biotech still great growth sector: Pro  

Biotech buying opportunities, with Michael Yee, RBC Capital Markets.
Source: CNBC.com
Game of Thrones: Is a monarchy better for you?

Countries that have a king or queen as a head of state are on average more creditworthy and have stronger balance sheets than republics, new data shows.
Source: CNBC.com | By: Jenny Cosgrave
ANALYSIS-State-run investment pools buy company debt, trounce Treasuries

BOSTON, Aug 6- Some of the U.S. state and county-run investment pools that oversee more than $200 billion in local government cash are loading up on riskier corporate debt to produce yields that outpace the industry average by many times over, according to a Reuters analysis of their financial disclosures. "I don't want to call it the Wild Wild West, but it sure seems...
Source: Reuters | By: Tim McLaughlin