HOPE, Maine (AP) — Police say a man from Hope is admitting that he killed a 22-year-old woman and left her body in the trunk of his car.

Steven Pomeroy's admission was spelled out Thursday in a police affidavit as the 23-year-old murder suspect made his initial appearance in Knox County Superior Court.

Pomeroy, who was arrested Wednesday in the death of Jessica Nichols of Waldoboro, entered no plea and was returned to the Knox County Jail pending a bail hearing on July 11.

In the affidavit filed with the court, police quoted Pomeroy as saying he and Nichols had been drinking and he became angry when she made a comment about his ex-fiancee after they had gone to his home following a Tuesday night party.

Pomeroy told police that he hit Nichols over the head with a frying pan and stabbed her repeatedly.

NEW YORK (AP) — Credit-ratings agency Moody's Investors Service on Thursday said it will keep Penn National Gaming Inc.'s ratings on review for a possible downgrade since its $5.8 billion buyout was terminated.

On Thursday, two investment companies ended their $5.82 billion acquisition of the racetrack and casino operator. However, Penn National will get $225 million in cash as a termination fee, plus $1.25 billion in what amounts to no-cost capital until 2015.

The review for a downgrade reflects the "limited detail" available about Penn's future operating strategy and what it will use proceeds from the termination fee for, Moody's said.

Moody's said it expects to meet the Wyomissing, Pa., company shortly to discuss its plans going forward.

Penn shares closed Thursday at $29.66, up 3.7 percent, in shortened holiday trading.

LEWISTON, Maine (AP) _ Lewiston's civic center has a new owner.

The sale of the Androscoggin Bank Colisee, the home to the Lewiston Maineiacs semiprofessional hockey team, was completed yesterday afternoon.

Lewiston city councilors last month approved a deal to sell the financially troubled arena to Firland Management and its president, Jim Cain.

City officials announced that all closing documents were signed yesterday afternoon, giving Cain control of the facility.

Under the deal, Firland Management will begin paying the city $50,000 per year in 2013 and then $100,000 per year from 2023 through 2028.

HALIFAX, Nova Scotia (AP) — The Nova Scotia government is investing $4.4 million in the ferry run between Yarmouth and Maine.

The Economic Development Department says the money from the province's Industrial Expansion Fund is to help Bay Ferries Ltd. offset a sharp increase in the cost of fuel.

Acting minister Jamie Muir says without immediate assistance the service would not be able to continue.

Muir says the province will continue to work with all partners in order to develop a more permanent solution.

Bay Ferries operates The Cat high-speed ferry between Yarmouth and two ports in Maine — Bar Harbor and Portland.

About 100 people are employed by the Bay Ferries service in Yarmouth.