Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.
Government officials’ comments on fiscal cliff negotiations pleased investors as the Dow moved up over 100 points. CNNMoney reports the Dow Jones Industrial Average gained +0.83 percent, +106.98 points, ending the day at 12,985.11. The Nasdaq moved up +0.81 percent, +23.99 points, to close at 2,991.78, while the S&P advanced …
Three Major Indexes, Most Housing Stocks Post Gains Read More
After Senate Majority Leader Harry Reid (D-NV) said Congress had made little progress in resolving the fiscal cliff that threatens to send the economy back into recession, a sell-off on the market caused U.S. stocks to close lower. CNNMoney reports the Dow Jones Industrial Average slipped -0.69 percent, -89.24 points, …
U.S. stocks closed mixed today as investors watched reports from the beginning of the holiday buying season amid concerns abut the fiscal cliff and the Eurozone debt crisis. CNNMoney reports the Dow Jones Industrial Average slipped -0.33 percent, -42.31 points, ending the day at just under the 13k mark at …
Drew Gains, Patrick Stumbles, most Housing Stocks Move Little Read More
The three major indexes all finished above one percent for the shortened trading day, spurred on by investors’ anticipation of Black Friday consumer sales, drove the Dow back above thirteen thousand. CNNMoney reports the Dow Jones Industrial Average gained +1.35 percent, +172.79 points, ending the day at 13,009. 68.The Nasdaq …
Dow Back Above 13k; Housing Stocks Mostly Move Little Read More
The U. S. stock markets are closed today in honor of Thanksgiving Day. (Photo credit: Wikipedia)
The government’s strong report on jobless claims and positive housing news trumped concerns over Greece’s economic woes as the three indexes all advanced, although slightly. CNNMoney reports the Dow Jones Industrial Average gained 0.33 percent, +41.83 points, ending the day at 12,830.34. The Nasdaq advanced +0.34 percent, +9.87 points to …
The three indexes barely budged today as investors renewed worries about the European debt crisis and a sharp sell-off of Hewlett-Packard shares. CNNMoney reports the Dow Jones Industrial Average lost -0.06 percent, -7.45 points, ending the day at 12,788.51. The Nasdaq advanced +0.02 percent, +0.61 points to close at 2,916.68, …
All but One Tracked Housing Stock Squeaked out a Gain Read More
An increase in existing home sales for October and confidence the fiscal cliff will be effectively addressed before Jan. 1 pleased investors, as stocks rallied to their best gain in months. CNNMoney reports the Dow Jones Industrial Average gained +1.65 percent, +207.65 points, ending the day at 12,795.96. The Nasdaq …
Investors were slightly buoyed by lawmakers initial statements that they are working on a deal to avoid the impending fiscal cliff at the end of the year, sending stocks higher. CNNMoney reports the Dow Jones Industrial Average gained +0.37 percent, +45.85 points, ending the week at 12,588.23. The Nasdaq advanced …
Concerns over the fiscal cliff, double-dip recession in the Eurozone, and bombing of Gaza by Israel pushed investors away from stocks as all three indexes lost steam today. CNNMoney reports the Dow Jones Industrial Average lost -0.23 percent, -28.57 points, closing at 12,542.38. The Nasdaq dropped -0.35 percent, -9.87 points …
U.S. stocks dropped over one percent as fears over the impending fiscal cliff and renewed fighting in the Middle East provoked a sell off of stocks by investors. CNNMoney reports the Dow Jones Industrial Average lost -1.45 percent, -185.23 points, closing at 12,570.95. The Nasdaq dropped -1.29 percent, -37.08 points …
Continuing concerns about whether lawmakers will do what it takes to avoid the fiscal cliff overshadowed trading today as all three indexes closed down less than one percent. CNNMoney reports the Dow Jones Industrial Average nudged down -0.46 percent, -58.9 points, closing at 12,756.18. The Nasdaq lost -0.70 percent, -20.37 …
Stocks were stymied today by investors’ fears about the impending fiscal cliff as well as the debt crisis in Europe and Greece, as the three major indexes moved no more than 0.02 percent. CNNMoney reports the Dow Jones Industrial Average moved nowhere, closing at 12,815.16. The Nasdaq lost -0.02 percent, …
Stocks began the day moving up on positive economic reports, but after President Obama spoke about raising taxes on the wealthy to help pay for the impeding fiscal cliff, they fell back, although still registering small gains. CNNMoney reports the Dow Jones Industrial Average nudged up +0.03 percent, gaining +4.07 …
Investors’ fears of political gridlock regarding the upcoming ‘fiscal cliff’ that could put the U.S. economy back into recession trumped a drop in first-time unemployment claims as well as a trade deficit that narrowed to $41.5 billion instead of expanding, putting the indexes in the red for today. CNNMoney reports …
Indexes Drop One Percent, most Tracked Housing Stocks Follow Read More
A sell off on Wall Street in response to President Obama’s victory amid concerns about the fiscal cliff he faces led to stocks spiraling down, as the three indexes dropped nearly two-and-a-half percent. CNNMoney reports the Dow Jones Industrial Average lost -2.36 percent, dropping 312.95 points, to close below 13,000 …
iStockAnalyst informs MHProNews Killam Properties, Inc. of Halifax, Nova Scotia, Canada reports their financial results for the third quarter 2012 saw funds from operations (FFO) fall from $0.216 per share in Q3 2011 to $0.213 as the net proceeds from the sale of 12 MHCs in May were not yet …
Bloomberg tells MHProNews the Dollar Index, which tracks American currency against that of six of our trading partners, rose 0.3 percent to a seven-week high on the news of President Obama’s re-election, a sign of a weakened dollar. The index hit 80.83 after touching 80.92. Investors are concerned the president …
Blue Chip stocks advanced as Americans flocked to the polls, sending all three indexes into positive territory. CNNMoney reports the Dow Jones Industrial Average moved up +1.02 percent, gaining 133.24 points, to close at 13,245.68. The Nasdaq advanced +0.41 percent, +12.27 points to close at 3,011.93, while the S&P moved …
Zacks Investment Research reports Universal Forest Products, Inc.’s (UFPI) 2012 third quarter earnings fell below year ago earnings per share by $0.01 to $0.28, and $0.10 below Zacks Consensus estimate of $0.38 a share. A $2 million Canadian anti-dumping duty severely impacted the low return. Higher lumber prices contributed to …
