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Commercial real estate has fallen, and hybrid work is a big reason for that, according to a real estate executive. Commercial real estate transactions fell 22% in the second quarter from a year ago, according to MSCI data. And while inflation and an economic downturn are weighing heavily on the minds of real estate investors and “creating some hesitation,” Marcus and Millichap CEO Hessam Nadji said it’s “not really a long-term concern time limit”. “The biggest concern is this hybrid work environment,” he told Yahoo Finance Live (video above). “We’re seeing a lot of focus on services like fitness, childcare…

The Longview School District is proposing a $109 million budget and is ready to hear reactions from community members at Monday’s public hearing. The school board is scheduled to finalize the budget on Aug. 22 during the regular school board meeting. Despite higher expenses and lower enrollment, the district hopes to break even with revenue from local taxes, state general funds and federal COVID-19 relief funding received through ESSER or the Emergency Aid Fund for primary and secondary schools. People also read… “We are able to present a balanced budget using those ESSER dollars to stabilize the revenue shortfall that…

Stericycle (NASDAQ:SRCL – Get a score) issued an update on its fiscal 2022 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $2.00 to $2.15 for the period, compared to with the consensus estimate at $2.07. The company issued revenue guidance of -. Wall Street analysts weigh in Several equities research analysts have rated the company. Barrington Research reiterated a market perform rating on shares of Stericycle in a report on Tuesday, April 19th. TheStreet lowered Stericycle from an ac rating to a d+ rating in a report on Thursday, May 12th. Robert W. Baird…

The RMR Group (NASDAQ:RMR – Get a score) updated its Q4 2022 earnings guidance on Friday. The company provided EPS guidance of $0.57 to $0.60 for the period, compared to the EPS estimate of consensus of $0.57. The company issued revenue guidance of -. Wall Street analysts expect growth A number of research firms have recently issued reports on RMR. StockNews.com lowered The RMR Group from a strong-buy rating to a buy rating in a research report on Wednesday, May 25th. B. Riley boosted their target price on The RMR Group from $42.00 to $44.00 in a research report on…

US stocks rose in the first session of May after one of the S&P 500’s worst monthly results since the depths of the pandemic in 2020. The S&P 500, Dow and Nasdaq turned positive in the final hour of trading on Monday. U.S. crude prices reversed earlier declines to above $105 a barrel and the benchmark 10-year Treasury yield rose to 3%, its highest level since December of 2018. Investors this week are bracing for more events that could move the market after April’s volatile stretch of trading. The The S&P 500 sank 8.8% in April for its worst monthly…

US stocks ended mixed on Tuesday after a drop that sent the S&P 500 into its first bear market since the peak of the pandemic. The S&P 500 closed down 0.4% in a fifth straight session of losses, sending the index down to 3,735.48. The S&P 500 entered its first bear market since March 2020 on Monday, as its closing price put it more than 20% below its recent record close in January. , while the Dow lost 150 points, or 0.5%, to end at 30,364.83. The benchmark 10-year Treasury note yield rose to 3.4% and hit a fresh 11-year…

U.S. stocks ended higher on Monday, erasing the day’s earlier losses, as concerns over China’s escalating COVID outbreak added to worries about U.S. economic growth amid rising inflation and the tightening of monetary policy. [Click here to read what’s moving markets on Tuesday, April 26] The S&P 500 rose 0.6% to 4,296.12. The Dow added more than 200 points, or 0.7%, to settle at 34,049.46, and the Nasdaq Composite rose 1.3% to close just above 13,000. US stocks bucked the trend in global stock markets, with major stock indexes in Europe and Asia falling sharply on Monday. US Treasury yields…