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Fitch Rates Rhode Island's $36MM COPs 'AA-'; Outlook Stable

NEW YORK---- Fitch Ratings assigns an' AA-' rating to the following State of Rhode Island and Providence Plantations' lease participation certificates:. The bonds are expected to sell via negotiation on or about Oct. 29, 2014. The Rating Outlook is Stable.
Source: Business Wire
US stocks rally on earnings, Apple; Nasdaq jumps 2%

Stocks rose Tuesday, with the S&P 500 and the Nasdaq Composite extending gains into a fourth day, on earnings from companies including Apple.
Source: CNBC.com | By: Kate Gibson
Fitch Assigns 'A+' to $300MM Michigan Fin Auth Detroit Regional Convention Ctr Bonds; Outlook Stable

NEW YORK---- Fitch Ratings assigns an' A+' long-term rating to $300 million in Michigan Finance Authority local government loan program revenue bonds, series 2014 H, consisting of:. Limited obligations of Michigan Finance Authority payable only from pledged revenues, notably statewide liquor and certain hotel and cigarette taxes statutorily distributed to the...
Source: Business Wire
Fitch Rates Virginia Public School Auth's School Financing Bonds (1997 Resolution) Ser 2014C 'AA+'

NEW YORK---- Fitch Ratings assigns an' AA+' rating to Virginia Public School Authority's $82 million school financing bonds series 2014 C. A sum-sufficient appropriation for any shortfalls in debt service that is available from the commonwealth of Virginia's literary and general funds enhances credit quality and provides the basis for the rating.
Source: Business Wire
Santelli: Unchanged on most maturities

CNBC's Rick Santelli discusses bond prices and yields.
Source: CNBC.com
Euro sell-off after report ECB may buy bonds

The euro fell sharply against the dollar on Tuesday after Reuters reported the European Central Bank was looking at buying corporate bonds.
Source: Reuters
Fitch: Sale of Coal Business Supportive of TECO's Ratings

NEW YORK---- The sale of its volatile coal business lowers TECO Energy Inc.' s business risk and is supportive of credit quality, according to Fitch Ratings. The transaction is credit positive from a bondholder's perspective; however, it has no impact on the ratings of TE or its regulated utility subsidiary Tampa Electric Co.. On Oct. 20, 2014, TE announced that signed...
Source: Business Wire
Nuveen Real Asset Income Fund Receives Five-Star Morningstar Rating(TM)

Distinct Asset Class Exposure, Versatile Approach, and Income Distribution Hallmarks Of Fund Fund Managed by Same Team of Real Assets Experts that Manages Nuveen Asset Management' s Five-Star Real Estate Fund and 5- Star Global Infrastructure Fund. CHICAGO---- Nuveen Investments, a leading global provider of investment services to institutions as well as...
Source: Business Wire
Fitch Rates Kroger's $500MM Notes 'BBB'; Outlook Stable

CHICAGO---- Fitch Ratings has assigned a rating of' BBB' to The Kroger Co.' s $500 million issue of seven-year notes. Kroger's ratings are supported by its industry-leading sales growth and market share gains and relatively stable operating margins balanced against ongoing share repurchase activity and intense price competition. Kroger generates...
Source: Business Wire
Yields now likely to rise: Larry McDonald

Larry McDonald nailed the drop in Treasury yields. But now he predicts that rates will begin to rise.
Source: CNBC.com