News and Insights

Quick comment on PR Gov's new budget cutting debt 86%

05/26/2016 | Quick comment on PR Gov's new budget cutting debt 86%

Roland Stoever: Market Week: May 23, 2016

05/25/2016 | Market Week: May 23, 2016
The Dow slipped for the fourth week in a row as investors may have been influenced by the uncertainty surrounding whether the Fed will raise interest rates at its next meeting in June.

PUERTO RICO: CONGRESS TO THE RESCUE?

05/25/2016 | Dick Larkin, discusses these issues and more in today's report on Puerto Rico Control Board

Larkin quoted in The Reuters story today re: Tobacco Bonds

05/18/2016 | Larkin quoted in reuters story today re: Tobacco Bonds

Roland Stoever: Market Week: May 16, 2016

05/16/2016 | Market Week: May 16, 2016
Despite gains earlier in the week, each of the indexes listed here closed last week down from their prior week's closing values.

Roland Stoever: Market Week: May 9, 2016

05/09/2016 | Market Week: May 9, 2016
A mixed bag of economic indicators headlined by an underwhelming jobs report, coupled with news of continuing financial trouble in Puerto Rico, pushed stocks lower for the second week in a row.

Would a Puerto Rico default hurt all municipal bonds?

05/09/2016 | Would a Puerto Rico default hurt all municipal bonds?
Puerto Rico has racked up some pretty serious debt. At last check, it's more than $70 billion. The territory says it can't make payments on it. And lots of people are talking about what to do about it.

Veteran Analyst Larkin Joins Stoever Glass & Co.

05/05/2016 | Veteran Analyst Larkin Joins Stoever Glass & Co.
Longtime municipal credit analyst Richard Larkin has joined Stoever Glass & Co. as director of municipal credit analysis for the 50-year-old Wall Street firm that specializes in municipal bonds for individuals and families and is expanding its operations South.

Oyster Bay NY Continues Its Slide Into Non-Investment Grade Territory

05/04/2016 | Oyster Bay NY Continues Its Slide Into Non-Investment Grade Territory
S&P cites 10 consecutive years of operating deficits. Town is late in providing audited financial statements. Base CUSIP Number: 692160

Roland Stoever: Market Month: April 2016

05/04/2016 | Market Month: April 2016
Despite a poor close to the month, the indexes listed here improved in April (with the exception of the Nasdaq) compared to their March closing values--but not by much.

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