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

European Cloud Continues Gloomy, while Mfg. Housing Composite Gains

The Greek debt in particular and the ongoing debt crisis in Europe overshadowed trading on Wall Street, as CNNMoney reports the Dow Jones Industrial Average fell 33.07 points, -0.26 percent , to end the day at 12,675.75. The NASDAQ gained 0.09 percent, while the S&P fell -0.10 percent. Meanwhile the …

European Cloud Continues Gloomy, while Mfg. Housing Composite Gains Read More

All Three Stock Indexes Gain 2% for Week; Mfg. Housing Composite Breaks 800 Mark

Despite ongoing talks about resolving the Greek debt, CNNMoney reports the Dow Jones Industrial Average rose 96.5 points, +0.76 percent, to close at 12,720.48. The NASDAQ fell -0.06%, while the S&P gained +0.07 percent. The Yahoo! Finance Manufactured Housing Composite gained +2.89 percent to close at 806.3. Tracked housing stocks …

All Three Stock Indexes Gain 2% for Week; Mfg. Housing Composite Breaks 800 Mark Read More

Dow Gets a Boost, Most MH Stocks End Up

Positive news from the housing market helped move stocks ahead Wednesday with the Dow closing nearly 100 points higher. The latest National Association of Home Builder’s index revealed a confidence level for the single family housing market not seen since 2007. The index is still half of what signals a healthy market. …

Dow Gets a Boost, Most MH Stocks End Up Read More

Dow Edges Up; Most Tracked Stocks Edge Down

The stock market began the week with positive news from global markets. The Chinese economy grew at an annual rate of 8.9 percent the last quarter, a German sentiment index showed positive results, and manufacturing grew in the New York region. CNNMoney tells MHProNews the Dow Jones Industrial Average gained …

Dow Edges Up; Most Tracked Stocks Edge Down Read More

Buy Buffet’s Brain, says Analyst

The Motley Fools’ Robert Eberhard tells MHProNews.com an investment in Berkshire Hathaway (NYSE:BRK-B) stock benefits from being a company, or stock, hand-picked by Warren Buffett. Eberhard compares it to investing in a no-loan mutual fund. The stock is less expensive than it has been recently, and Berkshire’s board has authorized …

Buy Buffet’s Brain, says Analyst Read More

Dow Slips at Week’s End; Housing Stocks Close Mixed

Stocks moved down slightly as investors witnessed a fall in fourth quarter earnings for JPMorgan Chase and the credit rating for several European countries was downgraded. CNNMoney reports the Dow Jones Industrial Average lost 48.96 points, -0.39 percent, to close at 12,422.06. The NASDAQ fell -0.51%, and the S&P dropped …

Dow Slips at Week’s End; Housing Stocks Close Mixed Read More

Sun Communities Rising to Raise $142 Million

RVBusiness tells MHProNews.com Sun Communities, Inc. is offering four million shares of its common stock at $35.50 per share, a sale that is set to yield $142 million. As part of the underwritten registered public offering, Sun has granted the underwriters a 30-day option to purchase 600,000 additional shares. The …

Sun Communities Rising to Raise $142 Million Read More

Dow, MH Index Inch Up

Following positive future markets, the stocks spent much of the day in the red, but crossed over to bring a positive finish. The Yahoo Finance Manufacture Housing Composite did even better, adding almost two percentage points. Stocks ending the day higher include Berkshire Hathaway, parent company to Clayton Homes, Vanderbilt …

Dow, MH Index Inch Up Read More

Dow Advances Cautiously; Housing Stocks Close Mixed

Stocks notched up slightly as investors anticipate fourth-quarter corporate reports amid continuing concerns about the debt crisis in Europe. CNNMoney reports the Dow Jones Industrial Average gained 32.77 points, +0.27 percent, to close at 12,392.69. The NASDAQ moved up +0.09 percent, and the S&P gained +0.23 percent. The Yahoo! Finance …

Dow Advances Cautiously; Housing Stocks Close Mixed Read More

Most Tracked Housing Stocks Advance Including MH Composite

Investors fears about the ongoing Euro debt crisis were tempered by good economic news at home that resulted in a fairly flat day overall for U.S. stocks. CNNMoney reports the Dow Jones Industrial Average lost a mere 3.1 points, -0.02 percent, to close at 12,415.32. The NASDAQ gained 21.5 points, …

Most Tracked Housing Stocks Advance Including MH Composite Read More

Stocks Close Modestly Higher, MH Index Down One Percent

The Dow rose 20 points on Wednesday with most of the gains going to retailers. The Yahoo Finance Manufactured Housing Composite was down one percent for the day, however. Decliners for the day include Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers …

Stocks Close Modestly Higher, MH Index Down One Percent Read More

Dow Begins Year Well, Most MH Stocks Follow

No negative news from Europe, and positive manufacturing news from the U.S., China and India cheered investors as the market rallied for the first day of trading, 2012. CNNMoney reports the Dow Jones Industrial Average gained 179.82 points, 1.47 percent, to close at 12,397.98. The NASDAQ moved up 1.67 percent, …

Dow Begins Year Well, Most MH Stocks Follow Read More

New Year Sun Shines on Sun Stock

MHProNews.com learned the stock of MHC owner Sun Communities Inc. has been upgraded by equity analysts at BMO Capital Markets from “market perform” rating to an “outperform” rating. LocalizedUSA reports as of Dec. 31, 2009, the real estate investment trust (REIT)’s portfolio was comprised of 136 properties, 124 of which …

New Year Sun Shines on Sun Stock Read More

Insider Trades at UMH

MHProNews.com has learned UMH Properties, Inc., in a Form 4 Filing with the SEC, says director Steven Wolgin bought 5,800 shares of UMH stock over the past 12 months, but did not sell any shares. MMDNewswire also reports during the same period, 6,352 shares of UMH stock were sold by …

Insider Trades at UMH Read More

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