N.J. Missed Revenue Targets 'Credit Negative,' Moody's Says

sfgate.com — (Adds comment from governor's spokesman in sixth paragraph, investor in 14th, lawmaker in 18th.) May 21 (Bloomberg) -- New Jersey missing its revenue target in April is a "credit negative" and may force the state to dip into its reserves or use one-time fixes to bridge the gap, Moody's Investors Service said.