Moody's upgrades Salem Communication rating - AP - Tue 7:59 pm ET
Moody's Investors Service said Tuesday that it upgraded Salem Communications Holding Corp.'s corporate family rating to "B2" from "B3" and its probability of default rating to "B2" from "Caa1."

Fitch Rates Riverside County, California's $75MM 2009 Teeter Obligation Notes Series C 'F1+' - Business Wire - Tue 6:14 pm ET
SAN FRANCISCO----Fitch Ratings assigns a rating of 'F1+' to the County of Riverside, California's $75 million 2009 teeter obligation notes, series c.

Fitch Rates Sarasota County, Florida's 1/2 Cent Sales Tax Bonds 'AA'; Upgrades CST to 'AA' - Business Wire - Tue 5:49 pm ET
NEW YORK----Fitch Ratings assigns an 'AA' rating to Sarasota County, Florida's 1/2 cent local government sales tax, series 2009A and 2009B. Series 2009A will be issued as Build America Bonds while series 2009B will be issued as Recovery Zone BABs.

Fitch Revises Ratings on Four Classes of Lehman Mortgage Trust 2007-5 - Business Wire - Tue 5:27 pm ET
NEW YORK----Fitch Ratings has revised the ratings on classes 9A2, 10A4, 11A1, and 12A4 of Lehman Mortgage Trust 2007-5.

Fitch Affirms Sand Creek Metro District, Colorado's LTGOs at 'BBB'; Outlook Positive - Business Wire - Tue 5:25 pm ET
NEW YORK----In the course of routine surveillance, Fitch Ratings has affirmed the 'BBB' rating on Sand Creek Metro District, Colorado's $24 million in outstanding limited tax general obligation bonds.

Moody's has negative outlook on Las Vegas Sands - AP - Tue 5:13 pm ET
Moody's Investors Service on Tuesday confirmed the ratings of Las Vegas Sands Corp. and assigned the casino operator a negative outlook.

Fitch to Confirm S-T 'F1+' Rating on Oklahoma Turnpike Refunding Revenue Bonds, Series 2006C - Business Wire - Tue 5:02 pm ET
NEW YORK----On the effective date of Dec. 3, 2009, Fitch Ratings will confirm the short-term 'F1+' rating assigned to the Oklahoma Turnpike Authority , $106,160,000 Oklahoma Turnpike system refunding second senior revenue bonds , series 2006C.