On the heels of the Dow Jones Industrial Average falling over five percent in January, the weak pace of last month’s manufacturing activity led the Dow down a sorry path for the first trading day of Feb. as it dropped -325.21 points, -2.08 percent, to end the day at 15,372.80. …
Skyline Rises, as Cavco and the Dow drop Precipitously Read More
A Cup of Coffee with…Nathan Smith
1) Who, What and Where: (Your name, formal title with SSK Communities and at the MHI and where you are based).
Nathan Smith, Partner, SSK Communities, Erlanger KY.
2) Background: (Educational/Professional snapshot before entering the factory-built housing arena.).
Lower than expected financials on some corporate returns and renewed fears concerning the economies of emerging markets soured investors in today’s trading as the Dow Jones Industrial Average dropped -149.76 points, -0.94%, to end the month at 15,698.85. CNNMoney reports the Nasdaq moved down -0.47 percent, -19.25 points, to finish …
Strong corporate earnings in the tech market and healthy economic activity from emerging economies stimulated the Dow Jones Industrial Average over 100 points, with the Nasdaq and S&P gaining over one percent. CNNMoney reports the Dow gained 109.82 points, +0.70 percent, to end the day at 15,7848.61. The Nasdaq moved …
Tracked Housing Stocks Close Strong; UMH Closes the Strongest Read More
All three major indexes fell over one percent as the Federal Reserve announced it will taper its bond-buying program by another $10 billion, amid concerns about Turkey and other emerging markets. CNNMoney reports the Dow Jones Industrial Average dropped 189.77 points, -1.19 percent, to end the day at 15,738.79. The …
Investors, plowing through corporate returns and responding to turmoil in emerging markets settling down, moved the three major indexes into the plus column as the Dow advanced nearly 100 points. CNNMoney reports the Dow Jones Industrial Average gained 90.68 points, +0.57 percent, to end the day at 15,928.56. The Nasdaq …
Skyline Corp. Tops Advances Second Consecutive Day Read More
Despite a good economic report from bellweather Caterpillar, investors’ concerns about corporate earnings and emerging markets turned the first day of the week to red ink as all three major indexes fell. CNNMoney reports the Dow Jones Industrial Average dropped -41.23 points, -0.26 percent, to end the week at 15,837.88. …
Skyline Advances almost 4%; other Tracked Stocks Fall or Remain Even Read More
Although Walker County, Alabama, just west of Birmingham was spared extensive damage during the April 2011 tornadoes that devastated several communities, work has begun on two of the 21 modular storm shelters approved by the Federal Emergency Management Agency (FEMA). Concrete pads have been poured in the Thach community and …
According to wkrb13.com, manufactured housing community (MHC) owner Equity LifeStyle Properties (NYSE:ELS) will announce its earnings results Tue., Jan 28. While the stock opened at $37.10 Mon., Jan 27, it has a 52-week low of $33.36 and a 52-week high of $42.86. The company has a market cap of $3.091 …
In its worst week since Nov. 2011 the Dow Jones Industrial Average tumbled nearly two percent, while the Nasdaq and the S&P 500 both fell over two percent, as investors worried about an economic slowdown in China. CNNMoney reports the Dow dropped -318.24 points, -1.96 percent, to end the week …
Cavco, Drew Drop 4% Plus; Dow Plunges 318.24 Points Read More
All three major indexes fell in today’s trading as investors continued to express concerns over corporate earnings. CNNMoney reports the Dow Jones Industrial Average fell -175.99 points during the day, -1.07 percent to close at 16,197.35. The Nasdaq dropped -24.13 points, -0.57 percent, to end at 4,218.87, while the S&P …
Louisiana Pacific Gains, Nobility Falls, Three Major Indexes Drop Read More
Another mix of plus and minus corporate returns kept investors in a cautious mood, as CNNMoney reports the Dow Jones Industrial Average fell -41.1 points during the day, -0.25 percent to close at 16,373.34. The Nasdaq gained +217.24 points, +0.41 percent, to end at 4,243, while the S&P ended the …
The Federal Home Loan Bank of New York, through the M&T Bank, awarded $35.5 million in Affordable Home Program (AHP) subsidies in 2013 that will help finance 48 affordable housing initiatives, creating or preserving 3,072 units of affordable housing, as PRWeb.com informs MHProNews. This includes 2,200 very low income dwellings …
Affordable Housing Bolstered by Federal Program, Private Bank Read More
Investors, nervous about the future of the economy, split the three major indexes plus and minus. CNNMoney reports the Dow Jones Industrial Average fell 44.12 points during the day, -0.27 percent to close at 16,414.44. The Nasdaq gained 28.18 points, +0.67 percent, to end at 4,225.76, while the S&P ended …
Skyline Rises 3.26%; Dow Falls, Nasdaq and S&P Nudge up Read More
Investors were disappointed by the drop in housing starts and building permits in December as they digested a bundle of economic reports from private industry. CNNMoney reports the Dow Jones Industrial Average managed a gain of 41.55 points, +0.25 percent, to end the week at 16,458.56. Meanwhile, the Nasdaq dropped …
Patrick Ind. Notches Top Gain, while Louisiana Pacific Falls Read More
Investors were disappointed by Citigroup and Best Buys’ poor earnings, and J. C.Penney’s decision to close 33 stores, dropping the Dow Jones Industrial Average -64.93 points, -0.39 percent, to close at 16,417.01. CNNMoney reports the Nasdaq nudged up +0.09 percent, +3.81 points, to finish at 4,218.69, while the S&P slid …
Solid economic reports and strong bank earnings spurred the S&P to a new record high in today’s trading as the Dow advanced over 100 points. CNNMoney reports the Dow Jones Industrial Average gained +108.08 points, +0.66 percent, to close at 16,481.94. The Nasdaq moved up +0.76 percent, +31.86 points, to …
Affiliated Managers Group Advances; S&P Marks New High as Dow, Nasdaq Gain Read More
Capping a 14-year legal battle between the city of San Rafael, California and Contempo Marin manufactured housing community (MHC), the United States Supreme Court let stand a lower court ruling that favored the city’s rent control ordinance. A U. S. district court ruled in favor of the Contempo, owned by …
U. S. Supreme Court Refuses to Hear Equity LifeStyle Properties Appeal Read More
Good news from some of the largest financial institutions spurred investors back to the trading table, sending the Dow up over 100 points, as the Nasdaq and S&P responded positively as well. CNNMoney reports the Dow gained +115.92 points, +0.71 percent, to close at 16,373.86. The Nasdaq moved up +1.69 …
Cavco Gains Nearly Four Percent; Nasdaq Advances 1.69 Percent Read More
Investors moved back from the dance floor today with concerns about the weak jobs report on Friday and the Federal Reserve’s impending paring of its stimulus, as all three major indexes closed down. CNNMoney reports the Dow dropped -179.11 points, -1.09 percent, to close at 16,257.94. The Nasdaq fell -1.47 …
