Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.
From Freehold, New Jersey, President of UMH Properties, Inc. Samuel A. Landy tells MHProNews that Regina Beasley and Robert “Bob” VanSchuvyer have been appointed as vice presidents. According to prnewswire, Mr. Landy said, “Both Robert and Regina have added significant value to the manufactured home communities acquired by UMH and …
UMH Selects Vice Presidents, Declares Cash Dividends Read More
The Obama administration estimates American households will each save $750 this year because of lower gasoline prices, but they are not spending that money anywhere else, as consumer spending was flat in February, and retail sales actually declined. Since wages are basically flat, Americans may be reluctant to spend. The …
MHCV Outperforms Dow; Consumers Saving their Gasoline Savings Read More
The Dow Jones Industrial Average fell 3.7 percent in January, advanced 5.6 percent in February and dropped two percent this month. Today it returned to see-saw much like two weeks ago, dropping 200.19 points in today’s trading after gaining 263 points, 1.5 percent yesterday, according to what CNNMoney tells MHProNews. …
Nobility Homes Surges; MHCV, most Tracked Stocks Drop Read More
Drew Industries, Inc. Chief of Financial Operations (CFO) Joseph S. Giordano III sold 19,500 shares of Drew stock on the market March 24, according to a filing with the Securities and Exchange Commission (SEC). According to what dakotafinancialnews tells MHProNews, the stock was sold at $64.75 per share, totaling $1,262,625.00. …
The Dow Jones Industrial Average surged 263 points in today’s trading for three reasons, according to what CNNMoney tells MHProNews. The first is the high investors are riding based on Federal Reserve’s Chairwoman Janet Yellen saying the economy is not strong enough for interest rates to be raised. Secondly, the …
Deer Valley Skyrockets +116.67 percent; MHCV up, Dow Surges Read More
The Tunica Manufactured Housing Show in Mississippi shared the spotlight this week with the House Financial Services Committee passing the Preserving Access to Manufactured Housing Act out of committee and headed to the House floor for a vote. Additionally, IKEA prepares to ship 10,000 durable modular shelters to Iraqi homeless …
Sunday Morning News Re-Cap March 22 to March 28, 2015 Read More
“If underlying conditions had truly returned to normal, the economy should be booming,” said Federal Reserve Chairwoman Janet Yellen said in a talk in San Francisco. She ticked off a few other considerations: The strong dollar is hurting exports, lower oil prices have led to reduced drilling, and the housing …
MHCV Out Performs the Dow, as Fed Head Yellen Notes Economy Slowdown Read More
Analysts predict profits for the S&P 500 companies will fall 4.6 percent the first quarter of this year compared to the same period last year, while others say tech and biotech stocks in the Nasdaq are overvalued. This combination plus weak signals in the economy is the reason the Dow …
MHCV, many Manufactured Housing Stocks Slip; Analysts Predict Further Falls Read More
While noting that stocks for companies with strong ties to the housing market are doing well–homebuilder KB Home, Lowe’s, Sherwin Williams, Whirlpool appliances—CNNMoney tells MHPronews the refinancing impetus may be over. Despite high home sales last month, if mortgage rates start to move higher, as the Federal Reserve suggests, the …
Orders for big ticket items, a surprise decline in retail sales and a steep drop in existing home sales instilled fears of a weakening economy in investors, driving down the Dow Jones Industrial Average in today’s trading -292.60 points, -1.62 percent, to end at 17,718.54. Meanwhile, the Nasdaq plummeted -118.21 …
Economy Fears Drive Down Tracked Manufactured Home Stocks, MHCV Read More
With European stocks out gaining the U. S. stock market this year, drawing U. S. funds into overseas markets, and the middle class shrinking in every state since 2000, CNNMoney tells MHProNews the Dow Jones Industrial Average dropped-104.90 points in today’s trading, -0.58 percent, to close at 18,011.14. Meanwhile, the …
MHCV Advances to 650.5; Investors Heading to Europe, Dropping Dow Read More
Unlike the three major indexes, the Manufactured Housing Composite Value (MHCV) moved up +0.32 percent to close at 641.3. Oil dropped -0.17 percent to 47.38, often a portent for the Dow Jones Industrial Average which fell -11.61 points, -0.06 percent, to end the day at 18,116.04. The Nasdaq slipped -15.45 …
MHCV Gains, Tracked Stocks Close Mixed, Deer Valley Plummets Read More
Yesterday’s run-up of 227 points was due to the Federal Reserve’s assertion that the road to higher interest rates will be slow and steady, while today the markets settled back. However, in a see-saw week somewhat similar to last, CNNMoney informs MHProNews the Dow Jones Industrial Average dropped 117.16 points, …
MHCV Slips, Tracked Manufactured Housing Stocks Mixed, Dow Drops Read More
CNNMoney said “Thank You, Janet Yellen“ after the Federal Reserve’s president announced interest rates will not rise following the Fed’s two day meeting, causing the three major indexes to surge. The Dow Jones Industrial Average shot up +227.11, +1.27 percent to end over 18k at 18,076.19. The NASDAQ gained 45.39 …
The Manufactured Housing Composite Value (MHCV) slipped -0.30 percent following gains yesterday to close at 616.8 in today’s trading. Stocks we cover related to the manufactured housing industry closed mixed or even with mostly minor changes, although Cavco fell the most, -3.48 percent. Patrick Industries moved up the most, +1.85 …
MHCV Slips, Tracked Stocks move Little; Dow Falls 128 points Read More
The Manufactured Housing Composite Value (MHCV) moved up nicely in today’s trading, advancing +1.10 percent to end at 618.7, comparable to the Big Board’s day. While Wall Street waits for word from the Federal Reserve’s meeting Tuesday and Wednesday to see if interest rates will start to rise again, according …
MHVC Advances; Most tracked Manufactured Housing Stocks Fall Read More
Oil fell to $45 a barrel, according to what CNNMoney tells MHProNews, sending the Big Board on a see-saw trajectory of highs and lows for the week, as the Dow Jones Industrial Average fell 145.91 points, -0.82 percent, to 17,749.31. The NASDAQ dropped 21.53 points, -0.44 percent to end the …
The Yahoo! Finance Manufactured Housing Composite Value climbed +3.30%, to end the day at 613.30, while stocks we cover related to the manufactured housing industry all closed up or even, with UFPI gaining the most at +3.71 percent. CNNMoney tellls MHProNews the Dow Jones Industrial Average regained some of the …
MHCV Rises; Dow Recovers Lost Ground, All Tracked Stocks Gain or Remain Even Read More
The Yahoo! Finance Manufactured Housing Composite Value gained slightly, +0.62%, to end the day at 593.7, while stocks we cover related to the manufactured housing industry closed mixed or even, with Cavco Corp. gaining the most at +1.91 percent, while Skyline Corp. dropped the most, -2.78 percent. CNNMoney tellls MHProNews …
Posting the worst day in 2015, the Dow Jones Industrial Average plummeted 332.78 points in today’s trading. Falling oil prices, uncertainty about Chinese manufacturing and falling bank stocks made investors worried. In addition, the dollar is trading at a 12-year high against the Euro—great if you are traveling abroad, but …
Dow Jones Plummets, MHCV drops, most Tracked Stocks Slip Read More
