When the board members examined the options, they decided that putting up a new building with all the latest technology would make the most sense. In the remodeling scenarios presented to the board, the district would spend a lot of money and still have old buildings that were just retrofitted. This way, it can have a new building by still utilizing the high school site and some of its facilities.
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The market is caught between good quarterly reports, such as the one from Disney, and the reality of company guidance for future earnings that is far from stellar.
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