According to phx.corporate, Southfield, Mich.-based Sun Communities, Inc. will release its quarter four 2012 earnings report prior to the opening of the market on Thursday, Feb. 21, 2013. A conference call to discuss operating results will be held that same day at 11:00 AM (EST). A replay will be available …
DigitalJournal informs MHProNews Chicago-based Zeman Homes has acquired the former Touhy Mobile Home Park in Des Plaines, Ill. and renamed it Blackhawk Estates. With over 30 communities in Illinois, Indiana and Michigan, Zeman has added 496 homesites with this acquisition. Normally the company offers homes for rent and for sale, …
Investors continue to stand on the outskirts of the dance floor, awaiting corporate returns, as the Dow moved up one-fifth of one percent in today’s trading, while the Nasdaq and S&P split the difference. CNNMoney reports the Dow Jones Industrial Average nudged up +0.20 percent, +27.57 points, to end the …
All but Two Housing Stocks we Cover Gained or was Unchanged Read More
Two new Industry in Focus reports drew cheers from numerous industry business and association leaders from coast to coast. Sources close to George F. Allen and Danny Ghorbani whispered they met the reports with jeers – and in concert with their close knit group of cross-promoters – are already discussing …
Investors remained poised to digest corporate earnings reports, as the shares of Apple stock fell and and Dell’s stock spiked. The three major indexes moved little. CNNMoney reports the Dow Jones Industrial Average nudged up +0.14 percent, +18.89 points, to end the day at 13,507.32 The Nasdaq lost -0.26 percent, …
Three Major Indexes, Most Tracked Housing Stocks Move Little Read More
The spokesman informs MHProNews the Valley Planning Commission in Spokane, Wash. agreed to ask the city council to create an amendment to allow used manufactured homes to be sited on lots outside communities, just as new MH are. The commission agreed that it could add to the affordable housing inventory. …
Report and Analysis In This Report: December 13, 2012 While most in the industry, in order to deflect from their own responsibility for manufactured housing’s decline and continuing sluggish recovery, will undoubtedly fixate on the relatively insignificant factual errors contained in a December 12, 2012 Wall Street Journal article titled …
Wall Street Journal Article Exposes Flowed Industry Approach In The Nation’s Capital Read More
by L. A. ‘Tony’ Kovach “We provide, you decide” on the facts and analysis that follows about what many would deem thinly veiled threats. When a national trade association Senior Vice-President sends a message that CC’s it’s President and CEO, it is logical to presume that the CEO OK’d the …
Although the indexes finished up for the second week in a row, the stock market was relatively quiet today as investors mulled over corporate earnings reports, as well as anticipation of corporate earnings reports. CNNMoney reports the Dow Jones Industrial Average nudged up +0.13 percent, +17.21 points, to end the …
Stocks Relatively Unchanged; Drew and Skyline Advance Read More
The 2013 Louisville Show reports that through Jan. 9, there have been 34,514 page views and a total of 172,296 hits at LouisvilleManufacturedHousingShow.com. Pre-registrations are up over 2012. At the current pace, the Louisville Show could top 1,200 retailers, communities and other attendees, with the combination of attendees and exhibitors …
Although investors continue their angst about corporate returns for Q4 2012, the three major indexes ended the day in positive territory, with the S&P hitting a new five-year high. CNNMoney reports the Dow Jones Industrial Average nudged up +0.57 percent, + 76.29 points, to end the day at 13,466.80. The …
Stocks Gain Second Consecutive Day; S&P Hits New High Read More
Investors were heartened by analysts expecting corporate earnings to grow 3.2 percent in Q4 2012 versus last year, as the three major indexes posted positive results for the day. CNNMoney reports the Dow Jones Industrial Average nudged up +0.46 percent, + 61.66 points, to end the day at 13,390.51. The …
Three Major Indexes Gain; Tracked Housing Stocks Mixed Read More
Stocks edged down today as investors anxiously awaited corporate returns for the previous quarter. CNNMoney reports the Dow Jones Industrial Average nudged down -0.41 percent, -55.44 points, to end the day at 13,328.85. The Nasdaq dropped -0.23 percent, -7.00 points, to close at 3,091. 81, while the S&P lost -0.32 …
Three Indexes, Housing Composite Slip; LPX Posts Nice Gain Read More
In the best week since Dec. 2011, the S&P 500 finished at its highest level in five years, while the Dow Jones Industrial Average moved up 3.8 percent and the Nasdaq gained 4.8 percent. The market was assisted by the report that the economy added 150,000 jobs in Dec., about …
Stocks slipped today after minutes of the Federal Reserve’s Dec. meeting revealed some members of the committee may want to end the stimulus bond buying program earlier than originally anticipated. CNNMoney reports the Dow Jones Industrial Average nudged down -0.19 percent, -21.19 points, to 13,391.36. The Nasdaq fell -0.38 percent, …
by L. A. ‘Tony’ Kovach In 2011 and 2012, we have witnessed the strong rebirth of the Louisville Manufactured Housing Show following its cancellation in 2010. We have seen the Tunica Manufactured Housing Show continue to be the industry’s leading attraction, running ahead of the total attendance of the Louisville …
The last minute deal to avoid the fiscal cliff sent many U.S. stocks roaring into the New Year, as the three major indexes all gained 2.35 percent plus. CNNMoney reports the Dow Jones Industrial Average spiked 2.35 percent, +308.41 points, to 13,412.55. The Nasdaq jumped +3.07 percent, +92.75 points, to …
NuWireInvestor tells MHProNews the image most Americans have of manufactured housing communities comes from TV shows like “COPS” or from comedians like Jeff Foxworthy which not only portrays MHCs as undesireable but by association negates the investment opportunities that may be gained by investing in a community. While many of …
The detroitnews reports of the largest 64 publicly-traded Michigan firms, all but 13 saw the value of their shares increase in 2012, realizing an average return of 19 percent compared to 13.4 percent for the S&P’s 500 Index. The largest gainers have been companies in the housing and financial industries, …
BizJournals tells MHProNews newly-formed Inspire Communities of Gold River, Calif. intends to be a player on the national MHC scene. Formed when Follett Investment Properties combined forces with American Infrastructure MLP Funds in Foster City, Calif., just south of San Francisco, Matthew Follett, CEO of Inspire says they have already …
