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Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.

34 % MH Revenues Help UFPI Stock as Dow Nudges Down

Weak U.S. economic data including higher-than-expected unemployment claims and a 2.6 percent drop in existing home sales pushed the Dow Jones Industrial Average down -66.83 points, -0.51 percent, to end day at 12,965.92. As CNNMoney tells MHProNews.com, the Nasdaq lost even more, -0.79 percent to close at 3007.56, while the …

34 % MH Revenues Help UFPI Stock as Dow Nudges Down Read More

U.S. Stocks Edge Down from Yesterday’s Boom

Fear of the European debt crisis raised its ugly head again today as the Spanish government reported its banks have more problem loans than originally thought, setting the Dow Jones Industrial Average back modestly from yesterday’s big gain. CNNMoney reports the Dow lost 82.64 points, -0.63 percent, to close 13,032.90. …

U.S. Stocks Edge Down from Yesterday’s Boom Read More

Dow and Housing Composite Up, Nasdaq and S&P Down

U.S. stocks were a mixed bag today: While worries of European debt continue to hang over the market, retail sales rose in March more than analysts expected as the Dow Jones Industrial Average gained 71.82 points, +0.56 percent, to end the day at 12,921.41. The Nasdaq lost -0.76 percent to …

Dow and Housing Composite Up, Nasdaq and S&P Down Read More

Skyline Presents Earnings Report

RVBusiness tells MHProNews.com that Skyline Corporation reported for its fiscal third quarter ending Feb. 29, 2012 total net sales of $36.8 million, a 16 percent increase over the $31.8 million for the same period last year. Net loss for the fiscal third quarter amounted to $7.4 million, an improvement from …

Skyline Presents Earnings Report Read More

Dow Drops, Nobility Nudges Up, Most Stocks Down

CNNMoney tells MHProNews.com after a nice two day run-up, the Dow Jones Industrial Average fell back -1.05 percent to 12845.59, down 136.99 points, as China reports it’s economy only grew 8.1 percent in the first quarter of the year, down from 8.9 percent the previous quarter. The Nasdaq dropped 1.45 …

Dow Drops, Nobility Nudges Up, Most Stocks Down Read More

Mfg. Housing Composite, Tracked Housing Stocks Respond to Dow’s Rise

U.S. stocks rallied again today despite the rise of unemployment filings, as the anticipated growth of the Chinese market and declining yields on Italian and Spanish trumped U.S. job woes. CNNMoney reports each of the indexes rose well over a percentage point. The Dow Jones Industrial Average regained 181.19 points, …

Mfg. Housing Composite, Tracked Housing Stocks Respond to Dow’s Rise Read More

Dow Rebounds, Most Tracked Housing Stocks Gain

U.S. Stocks moved up on encouraging news from Europe and expected positive earnings reports after suffering several days of losses, as the Dow Jones Industrial Average regained 89.46 points, +0.70 percent, to end hump day at 12,805.39. CNNMoney tells MHProNews.com the Nasdaq moved up +0.84 percent, to close at 3016.46, …

Dow Rebounds, Most Tracked Housing Stocks Gain Read More

Dow Drops, Stocks Stumble, Investors Scatter

CNNMoney says each of the three indexes dropped over 1.5 percent today as lending costs spiked in Spain and Italy, sending a shock wave of fear over investors as they scrambled for the doors. “People are starting to get very concerned about the macro picture of both sovereign debt and …

Dow Drops, Stocks Stumble, Investors Scatter Read More

Dow Falls as Job Growth Crawls

CNNMoney tells MHProNews.com stocks dropped sharply following the news Friday that the economy only added 120,000 jobs in March, resulting in the Dow Jones Industrial Average falling 1.00 percent, -130.55 points, to close under 13,000 at 12,929.59. The Nasdaq likewise dropped a little more than one percent, -33.42 points, to …

Dow Falls as Job Growth Crawls Read More

Deer Valley Repurchases Stock

Faqs tells MHProNews.com Tampa, Florida-based Deer Valley Corporation (DVLY:OTCBB) has agreed to purchase all of the company’s outstanding preferred stock from its majority shareholder, Vicis Capital Master Fund, as well as 1,096,291 shares of Deer Valley’s common stock. The option also gives the company the right to repurchase 12,310,359 shares …

Deer Valley Repurchases Stock Read More

Dow Edges Down, MH Composite Rises, MH Stocks Mixed

CNNMoney tells MHProNews.com jitters over the continuing European debt crisis tempered the slight good news anticipated in the job market, resulting in the Dow Jones Industrial Average dropping -0.11 percent, -14.61 points, to close at 13,060.14. The Nasdaq moved up +12.41 points, +0.40 percent to close at 3,080.50, while the …

Dow Edges Down, MH Composite Rises, MH Stocks Mixed Read More

Stocks Lower, Yahoo Index Shows Small Gain

Most stocks closed lower Wednesday with the Dow off more than 100 points. While most watched manufactured housing stocks also closed lower, the Yahoo Finance Manufactured Housing Composite Value recorded a small gain. Closing lower were Affiliated Managers Group, down $1.91 (1.66 percent) to 113.28; Clayton Homes, Vanderbilt Mortgage and …

Stocks Lower, Yahoo Index Shows Small Gain Read More

Indexes Close Lower Tuesday

Indexes including the Dow and Yahoo Finance Manufactured Housing Composite closed lower Tuesday as fed minutes deflated market expectations. Closing lower with the broader markets were Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway, down $366 (.27 percent) …

Indexes Close Lower Tuesday Read More

Stocks Decline, Manufactured Housing Index Rises

Stocks closed lower Wednesday following a decline in energy prices, but the Yahoo Finance Manufactured Housing Composite Index ended the day nearly three percent higher. Individual stocks that logged gains include Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire …

Stocks Decline, Manufactured Housing Index Rises Read More

Investors Cautious, Housing Stocks Mixed, Patrick Gains

As home prices fell for the fifth consecutive month, hitting their lowest point since Q4 2002, investors shied away from urging the market higher. CNNMoney tells MHProNews.com all three markets lost ground today, as the Dow Jones Industrial Average dropped -43.90 points, -0.33 percent, to close at 13,197.73. The Nasdaq …

Investors Cautious, Housing Stocks Mixed, Patrick Gains Read More

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