Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.
Fears that the $125 billion bailout of Spain’s banking system will not be enough to stem the tide of the European debt crisis kept investors against the wall as all three indexes lost over one percent today. CNNMoney tells us the Dow Jones Industrial Average lost 141.83 points, -1.13%, to …
Dow Falls, Most all Tracked Housing Stocks Follow Suit Read More
Hopes that Spain’s banking system will be bailed out by central banks in Europe led to the best week of the year for U.S. stocks as all three indexes registered gains. CNNMoney tells us the Dow Jones Industrial Average gained +93.01 points, +0.75%, to close at 12,554.20. The Nasdaq rose …
A surprise rate cut by China’s central bank to encourage market growth spurred investors, but the rally was short lived following Fed Chairman Ben Bernanke’s assertion that no stimulus was imminent but may be utilized in the future. Still, CNNMoney tells us the Dow Jones Industrial Average managed to show …
CNNMoney tells us the Dow Jones Industrial Average and the S&P notched their best gains of 2012 on investors’ hopes that more stimulus may be in the pipeline to push the markets higher. The Dow gained 2.37 percent, 286.84 points, to close at 12,414.79. The Nasdaq rose 2.40 percent to …
Dow Spikes, Housing Composite and Several Housing Stocks Follow Suit Read More
Good news from the Institute for Supply Management (ISM) noting an increase in new orders was tempered by Spain’s rocky banking system and Greece’s possible departure from the Eurozone, leading to a minor gain for the Dow Jones Industrial Average. CNNMoney tells us the Dow gained 26.49 points, +0.22 percent, …
Concerns about slowing growth in China and India’s manufacturing sectors, and continuing fear about Spain’s banking system and the possibility Greece may leave the Eurozone led to choppy stocks. CNNMoney tells us the Dow Jones Industrial Average lost 17.18 points, -0.14 percent, to close at 12,101.39. The Nasdaq rose nearly …
The Dow Jones Industrial Average fell under the bus as the U.S. and Europe received weak job reports, and China reported a manufacturing decline. The Dow ended up 100 points below where it closed out 2011 as all three indexes lost over two percent. CNNMoney reports the Dow plunged -274.88 …
CNNMoney reports Fred Dickson, chief market strategist at D.A. Davidson, says the market has declined in May in three out of the last four years, and this one is no exception. The Dow Jones Industrial Average ended the month with a quiet whimper, losing -0.21 percent, 26.41 points, to end …
CNNMoney reports investors shied away from the stock market as fears rose anew concerning the possible failure of Spain’s banking system, leading to a rush of investments in U.S. Treasuries. The Dow Jones Industrial Average dropped a little more than what it gained yesterday, falling -160.83 points, -1.28% percent, to …
European Woes Worries Dow; Many Tracked Housing Stocks Follow Read More
RTTNews says while total revenues for Cavco Industries for the fourth quarter 2012 spiked 156% over the same period last year, from $38.8 million to $99.5 million, net profit for common shareholders was $1.65 million, or $0.24 per share, compared to $1.61 million or $0.23 per share for the same …
All three indexes gained one percent or better today as investors did not receive negative news from Europe, and hopes abound that China will support its economy. CNNMoney tells us the Dow Jones Industrial Average moved up 1.01 percent, 125.86 points, to close at 12,580.69. The Nasdaq gained 1.18 percent …
CNNMoney reports continuing concerns about Greece’s financial crisis, added to fear of the possible failure of Spain’s banking system, led to the Dow Jones Industrial Average losing -74.92 points, -0.60 percent, to close at 12,454.83. The Nasdaq fell -0.07 percent to 2,837.53, while the S&P lost -0.22 percent, to 1,317.82. …
Nobility Takes Throne, MH Composite Gains, Dow Drops Read More
CNNMoney reports continuing concerns about the possible fallout if Greece has to pull out of the Eurozone, and tepid domestic economic data produced mixed results in U.S. stocks. The Dow Jones Industrial Average did manage a very modest gain, +0.27 percent, 33.6 points, to close at 12,529.75. The Nasdaq fell …
CNNMoney reports the Dow Jones Industrial Average, after brushing with 12,325.00 during the day, climbed back in the last half hour to close at 12,496.15, losing a mere 6.66 points, -0.05%. The weakness in tech stocks and fears of Greece leaving the Eurozone fueled investors’ fears. The Nasdaq gained +0.39 …
Housing Stocks Close Mixed, but Skyline Justifies its Name Read More
Forbes reports on the heels of Universal Forest Products, Inc. (UFPI) strong first quarter 2012 results, whereby Q1 2011 showed a loss of -0.19 per share to first quarter 2012 return of +0.21 per share, and the recent acquisition of MSR Forest Products LLC, Zacks issued a #1 Rank (Strong …
CNNMoney reports the Dow Jones Industrial Average hit 12,575.00 during the day but settled down to 12,502.81, -0.01%, -1.67 points as the day’s trading ended. The rise of sales of existing homes boosted the market, but a downgrade of Japan and a weak global market tempered that news. The Nasdaq …
CNNMoney reports following the year’s worst week, the Dow Jones Industrial Average bounced back, unfazed by the ten percent drop in Facebook’s stock, although encouraged by news from Europe, as the Dow gained +135.1 points, +1.09 percent, to close at 12,504.48. The Nasdaq moved up +2.46 percent to 2,847.21, while …
All three U.S. stock market indexes notched their worst week of 2012. The Dow Jones Industrial Average is down 3.5% for the year, falling -73.11 points today, -0.59%, to end the week at 12,369.38. CNNMoney reports continuing concerns about global markets kept investors on the sidelines. The Nasdaq dropped -1.24 …
Looming European Gloom Overshadows Shiny Facebook Offering Read More
CNNMoney reports continuing concerns about the possible fallout if Greece cannot implement austerity measures, and has to pull out of the Eurozone, pounded down all three indexes in trading today. The Dow Jones Industrial Average fell -157.65 points, -1.25 percent, to close at 12,440.90. The Nasdaq dropped -2.10 percent to …
