Stocks of Sears, Whirlpool and Fossil (known for watches and jewelry) fell in today’s trading as the three major indexes all posted a loss, with the Dow Jones Industrial Average falling -101.47 points, -0.61 percent, to close at 16,613.97, while tech-heavy Nasdaq lost -29.54 points, -0.72 percent, to end the …
ELS Edges Up; LPX, Cavco, Drew, Patrick and UFPI Fall over 3 Percent Read More
The founder of Republic Mobile Homes in Texas in the late 1960’s, Ralph Nattrass passed away at age 88 in Edmonton, Alberta, Canada April 30. An owner of communities, subdivisions and part owner of Republic-Henslee Manufacturing, he teamed with Frank and Marina Woody to start the current Republic group in …
The Dow Jones Industrial Average and the S&P both hit new highs, but settled down just below, as the Dow finished at 16,715.44 for the day, up +19.97 points, +0.12 percent, as CNNMoney tells MHProNews.com. The tech-heavy Nasdaq, however, slipped -13.69 points, -0.33 percent, to finish at 4,130.17, while the …
Investors weighed in on the Big Board, kicking the week off swiftly as the Dow Jones Industrial Average steadily increased all day to close at a new high, 16,695.47, gaining +112.13 points, +0.68 percent. The tech-heavy Nasdaq posted a 71.99 point gain, +1.77 percent, to end the day at 4,143.86, …
UFPI, Cavco Register Gains; Dow and S&P Post New Highs Read More
Anchorage, Alaska’s comprehensive plan recognizes manufactured housing as an affordable option, but Anchorage 2020, as it’s called, does not protect manufactured housing communities (MHCs) from redevelopment, resulting in the loss of nearly 500 housing units since 2000. The replacement dwellings are less dense, and with the slowdown in production of …
BREAKING NEWS — House Financial Services Committee Considers Manufactured Housing Legislation On May 7th, the House Financial Services Committee adopted the Preserving Access to Manufactured Housing Act (H.R. 1779). The measure, which was adopted by voice vote, won’t be formally approved by the committee until a recorded vote is tallied. …
The Dow Jones Industrial Average rose to a new all time high to end an up and down week on the Big Board. CNNMoney reports the Dow gained 32.37, +0.20 percent, to close at 16,583.34. The Nasdaq also ended the week on a positive note, gaining +20.37 points, +0.50 percent …
UMH Properties, Inc. reports total income for the first quarter of 2014 rose to $15,849,000 from $13,426,000 for the same period of 2013, resulting in income of $6,559,000 in 2014 over $5,695,000 in 2013, according to marketwatch.com. Based in Freehold, New Jersey, the company reports core funds from operations attributable …
UMH Properties Reports Income Increase for First Quarter 2014 Read More
Killam Properties, Inc. of Halifax, Nova Scotia, Canada, in announcing its financials for Q1, 2014, reports while property revenue rose to $35,065,000 in 2014 from $33,249,000 in the same period of 2013, net operating income fell -3.0 percent from $18,166,000 in the first quarter of 2013 to $17,620,000 in the …
Killam’s Earnings per Share Nudge down in First Quarter 2014 Read More
The Dow Jones Industrial Average rose initially following Fed Head Janet Yellen’s remarks to the Senate, but settled back to a modest gain of 32.43 points, +0.20 percent in today’s trading to close at 16,550.97. The tech-heavy Nasdaq slipped -16.17 points, -0.40 percent, to end the day at 4,051.50, while …
Dow Posts Modest Gain; Patrick Industries Drops 3.39% Read More
Writing in the Opinionator section of The New York Times, Andrea Levere says 18 million people with an average median income of $30,000 live in factory-built housing, making it the largest source of unsubsidized affordable housing in the U. S. Although over 70 percent own their own homes, most who …
New York Measure Seeks Financing Parity for MH and Site-built Read More
The Dow Jones Industrial Average gained over 100 points in today’s trading as Blue Chip stocks performed well, while the tech-heavy Nasdaq had the blues, slipping -13.09 points, -0.32 percent, to end the day at 4,067.67. CNNMoney tells MHProNews the Dow gained -117.52 points, +0.72 percent, to finish the day …
Skyline Corp. Falls, Berkshire Hathaway Gains the Most of Tracked Stocks Read More
The three major indexes all took a tumble today, the Dow Jones Industrial Average falling well over 100 points. CNNMoney tells MHProNews the Dow dropped -129.53 points, -0.78 percent, to finish the day at 16,401.02, while the Nasdaq fell -57.3 points, -1.38 percent, to end the day at 4,080.76. The …
Skyline Corp. Advances, Cavco Drops, Nasdaq Loses 1.38% Read More
Specializing in modular units for industry, business, education and health facilities, Ellis Modular is now pursuing federal contracts through the General Services Administration. “The opportunity to service government accounts opens up significantly more markets throughout the region as our goal continues to be to expand our modular solutions business,” states …
Despite a stronger than anticipated jobs report for April and a drop in the unemployment rate, the three major indexes all ended the week slightly in the red. The Dow Jones Industrial Average dropped -45.98 points, -0.28 percent, to end the day at 16,512.89, while the Nasdaq dropped minimally, losing …
Deer Valley Advances 7.69 %; Dow, Nasdaq, S&P Slip Read More
Members of the manufactured and modular housing industries gathered at the 2014 National Expo and Congress for the National Industry Awards luncheon to honor those individuals and companies for outstanding achievements, as MHPronews has learned: Land Lease Community of the Year Awards (Northeast/Mid-Atlantic) – The Fairways at Mays Landing, Mays …
Rebounding social networking stocks propped up the Nasdaq into positive territory in today’s trading, adding +12.89 points, +0.31 percent, to close at 4,127.45, according to CNNMoney. Other investors are playing hooky, anticipating the jobs report tomorrow, as the Dow Jones Industrial Average dropped -21.97 points, -0.13 percent, to end the …
The Federal Reserve is reducing its bond buying activity by $10 billion monthly, as was expected, noting the economy is growing but the severe winter weather stymied growth. The Dow Jones Industrial Average edged up +45.47 points to a record high, +0.27 percent, to finish at 16,580.84. The Nasdaq advanced …
Dow Hits New Record High as Federal Reserve Slows Stimulus Read More
In a far-ranging interview with MHProNews publisher L. A. “Tony” Kovach, Clayton Homes founder Jim Clayton discusses his path from acquiring his first mobile home, when he initially realized the profits of manufactured homes over cars, to the concept of vesting company employees with ownership rights and responsibilities. Armed with …
Stocks had a solid day today as investors anticipate what will come out of the two-day Federal Reserve meeting that ends Wednesday, regarding the Fed’s intentions going forward. The Dow Jones Industrial Average moved up +86.63 points, +0.53 percent, to finish at 16,535.37. The Nasdaq advanced +29.14 points, +0.72 percent, …
Affiliated Managers Group Spikes over Nine Percent Read More
