Stocks

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

Dow Rises, Patrick Jumps, Palm Harbor Slumps

CNNMoney reports U.S. stocks rose from a noon low to gain 101.79 points following news of the impending resignation of Italy’s Prime Minister Silvio Berlusconi. The Dow Jones Industrial Average closed at 12170.18, a gain of 0.84 percent. The Yahoo! Finance Manufactured Housing Composite Value lost 0.69 percent to close …

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Dow Nudges Up; Nobility Homes Gains 5.72 Percent

CNNMoney reports the Dow Jones Industrial Average finally gained during the last hour of trading, rising 85.15 points, a gain of 0.71 percent, closing at 12,068.39. Investors felt the crisis in Greece may be over with the resignation of Prime Minister George Papandreou, but concerns are growing over Italy’s $300 …

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Dow Snaps Back, UMH Spikes, Tracked Housing Mixed

CNNMoney reports the Dow Jones Industrial Average climbed 178.08 points during the day, following two days of decline, gaining 1.53 percent to close at 11,836.04. The Yahoo! Finance Manufactured Housing Composite Value gained 4.75 percent, over three times more than the Dow, to close at 834.20. Tracked housing stocks closed …

Dow Snaps Back, UMH Spikes, Tracked Housing Mixed Read More

Uptick Noted for Drew Industries Stock

Zacks reports SmarTrend marks Drew Industries in an uptrend, noting the stock for this manufacturer of components for MH and RVs has risen nearly 24 percent in two months. The online analyst says August 29 the stock was at $19.89 and is now at $24.03. The range over the past …

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Dow Drops Despite Best Month Since 1987; Palm Harbor Spikes 80% Plus

CNNMoney reports the Dow Jones Industrial Average fell 276.10 points during the day to close at 11,955.01, a loss of 2.26 percent as Japanese intervention in the currency market caused the dollar to rise and U.S. stocks to fall. However, the month of October still has been the best since …

Dow Drops Despite Best Month Since 1987; Palm Harbor Spikes 80% Plus Read More

Dow Rests Following Huge Rally; Nobility Homes Spikes

CNNMoney reports the Dow Jones Industrial Average rose a mere 22.56 points during the day, as investors stepped back from yesterday’s blockbuster. However, the month of October has seen the value increase 12 percent, and the gains have been the best since January 1987. The Dow closed at 12,231.11, a …

Dow Rests Following Huge Rally; Nobility Homes Spikes Read More

Dow Lands on Positive Ground; Housing Stocks Improve also

CNNMoney reports the Dow Jones Industrial Average, after dipping and diving during the day, finally gained 162.42 points to close at 11,869.04, a gain of 1.39 percent, as investors sensed a bailout deal was near in the European debt crisis. The Yahoo! Finance Manufactured Housing Composite Value was up 2.89 …

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Dow Descends Again, Pulling Housing Down

CNNMoney reports the Dow Jones Industrial Average fell 207 points during the day to close at 11,706.62, a loss of -1.74 percent, as jittery investors responded to falling financial stocks and concern over the proposed meeting tomorrow of European heads of state trying to iron out the region’s debt problems. …

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Dow Responds Well to Positive Domestic Business News

CNNMoney reports the Dow Jones Industrial Average rose 105.20 points during the day to close at 11,913.99, a gain of 0.89 percent, as investors welcomed some good business news at week’s beginning. The Yahoo! Finance Manufactured Housing Composite Value gained 3.63 percent to close at 760.01. Most housing stocks gained …

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Zacks Whacks Universal with Two by Four

stockrants states Zack’s Investment Research downgraded shares of Universal Forest Products, Inc., from neutral to underperform. Although their earning rose 123 percent year-over-year, it failed to meet Zacks’ estimate by two cents. The ongoing weakness in the residential construction and building materials market led to the top line falling 2.4 …

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Dow Inches Up, Housing Stocks Mixed

CNNMoney reports the Dow Jones Industrial Average nudged up 37.16 points to close at 11,541.78, a gain of +0.32 percent, as investors expressed cautious optimism about the European debt problem. The Yahoo! Finance Manufactured Housing Composite Value lost -0.56 percent to close at 705.60. Housing stocks closed mixed. Affiliated Managers …

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Federal Reserve’s Bad News Bumps Dow Down

CNNMoney reports the Dow Jones Industrial Average fell slightly during the day 72.43 points to close at 11,504.62, a loss of 0.63% percent, following the Federal Reserve’s negative report about regional economic news. The Yahoo! Finance Manufactured Housing Composite Value lost 2.22 percent to close at 709.60, as housing stocks …

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Dow Responds to Positive European Bailout Boost

CNNMoney reports the Dow Jones Industrial Average rose nearly 300 points during the day to close at 11,577.05, up 180.05, a gain of 1.58 percent. The Yahoo! Finance Manufactured Housing Composite Value gained 3.42 percent to close at 725.70. Many housing stocks gained also, although some declined. Affiliated Managers Group …

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ELS Reports Net Loss Q3

menafn reports Equity Lifestyle Properties (ELS) of Chicago announced a third quarter loss as of Sept. 30 of 0.07 per share, or $2.9 million on a fully-diluted basis. The same quarter 2010 saw a net income of $11.6 million, or 0.37 per share on a fully-diluted basis. Net revenue for …

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More European Debt Fears Foul the Dow

CNNMoney reports the Dow Jones Industrial Average dropped sharply upon renewed fears of European’s debt crisis, falling 247.49 points, 2.13%, to end the trading day at 11,397. The Yahoo! Finance Manufactured Housing Composite Value lost -3.72 percent to close at 701.60, as most housing stocks declined as well.Affiliated Managers Group …

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Positive Consumer Spending Sends Dow Up

CNNMoney reports the Dow Jones Industrial Average responded to good news from the consumer sector, gaining 166.36 points, 1.45%, to end the week at 11,644.49. The Yahoo! Finance Manufactured Housing Composite Value 0.34 percent to close at 728.80. Housing stocks in general closed mostly up. Affiliated Managers Group 85.67 +1.55 …

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Dow Loses a Little Steam, as Housing Stocks Close Mixed

CNNMoney reports the Dow Jones Industrial Average stepped back from its recent gains and dropped -40.72 points to close at 11,478.13, down -0.35 percent. The poor earnings report from JPMorgan Chase contributed to the fall. The Yahoo! Finance Manufactured Housing Composite Value lost -0.36 percent to close at 726.30. Affiliated …

Dow Loses a Little Steam, as Housing Stocks Close Mixed Read More

Dow Slips, Housing Stocks Close Mixed

CNNMoney reports the Dow Jones Industrial Average slipped -16.88 points (-0.15%) to close at 11,416.30, the market peaking and falling all day as investors waited to hear Slovakia’s decision concerning the European bailout fund. The Yahoo! Finance Manufactured Housing Composite Value also dropped, falling -0.36% to close at 722.60, as …

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Building Products Industry: Universal Holds Top Spot in SPS

Financial News Service ranks Universal Forest Products, Inc., (NASDAQ:UFPI) number one in sales per share (SPS) at $92.83 in the Building Products Industry. Universal supplies lumber products to the manufactured and modular housing industry, as well as to lumberyards and other builders. The stock outperformed both the Dow and the …

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SmarTrend: Cavco Future Foggy?

Futures and Commodity Market News reports that SmarTrend, that inveterate follower of 5,000 stocks daily, says Cavco Industries (NASDAQ:CVCO) has the lowest Forward Earnings Yield (FEY) in the homebuilding industry. Based on projected earnings for the year, Cavco is at 0.11% FEY, followed by Meritage (NYSE:MTH) at 0.14%, and Toll …

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