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Bitvore Blog

State Credit Rating Downgrades: Could Hawaii Be Next?

  • October 8th, 2014

Despite improving economic conditions, state credit ratings have remained under pressure in 2014.  Thus far, the states of Kansas and New Jersey have both been on the receiving end of several adverse rating actions, while Illinois – the nation’s lowest rated state – received a negative outlook from S&P.

Rating […]

Higher Ed Budget Shortfalls: Shawnee State Sees Declining Enrollment

  • September 28th, 2014

A recent story crossing the Bitvore platform reminds us that many of the nation’s smaller universities face enrollment and cost pressures that could impact bondholders. The Portsmouth Daily Times reported that Shawnee State University – in Portsmouth, Ohio – is facing a $2.5 million budget shortfall. The university’s president attributed […]