As the result of damage inflicted by Hurricane Sandy, President Obama issued a disaster declaration for specific counties in Connecticut, New Jersey and New York, as well as the Mashantucket Pequot Indian Reservation in Connecticut. The Department of Housing and Urban Development (HUD) is offering disaster victims whose homes were …
In the wake of Hurricane Sandy, the Manufactured Housing Institute (MHI) reminds community owners and managers of the importance of having a preparedness plan in place for residents in case of an impending hurricane or sudden tornado. If a community has multiple exits, who should use which exit, and what …
Investors pushed the Dow Jones higher at the beginning of the day after the good jobs report from the federal government, but dropped as the anticipation and uncertainty of next week’s election came into view. CNNMoney reports the Dow Jones Industrial Average lost -.01 percent of the gain from yesterday, …
Cavco, Patrick, Skyline, Deer Valley lose 4% or more Read More
In its report of fiscal 2013 second quarter financial results, Phoenix-based Cavco Industries , Inc. (Nasdaq: CVCO), reports net sales fell 15.3 percent, to $110,084,000 from the comparable period of 2012 when sales hit $130,008,000. GlobeNewsWire says net income for Q2 2013 dropped to $2,681,000 from $3,172,000 for the same …
Payroll processor ADP says 158,000 jobs were created last month as initial jobless claims fell by 9,000, spurring the market to rally for the first day of Nov. as all three indexes rose above one percent, according to CNNMoney. The Dow Jones Industrial Average moved up +1.04 percent, +136.16 points, …
The stock exchange was running on gas-powered generators after a two day trading halt due to the wrath of Hurricane Sandy. However, not only is there a lull due to the coming presidential election, but many investors do not have power and transportation is limited in the Wall St. area, …
Nobility, Housing Composite, UFPI Gain as Many Stocks move Little Read More
MHProNews has learned Jeffrey W. Hallahan II of Garden Homes Estates has been elected president of the Massachusetts Manufactured Housing Association (MMHA), replacing Dave Piper, Jr., who served as president for many years and will continue as an associate member. George Peterson, Jr., assistant minority leader in the Massachusetts House …
With companies only lukewarm about the remainder of the year amid tepid corporate returns for the third quarter, investors shied away from the tables, as the Dow hit a choppy road, and the three indexes moved only .07 percent or less. CNNMoney says the Dow Jones Industrial Average gained +3.53 …
Despite a drop in first-time unemployment claims, a rise in pending home sales, positive news on the sale of durable goods for Sept., and good news about Greece, the U.S. stock market moved little as a mixed batch of corporate returns and uncertainly ahead of the presidential election weighed on …
Investors Shy from Market; Patrick and Sun both Drop Read More
RVBusiness says real estate investment trust (REIT) Sun Communities, Inc. (SUI) reports an increase in sales for the third quarter 2012 of $83.1 million versus $74.7 million for the same period 2011. Sun incurred a third quarter net loss of $275,000 as compared to Q3 2011 when the company lost …
Investors stayed close to the wall today, concerned about mixed corporate earnings, the fiscal cliff, and European debt issues, as all three indexes edged down. The Dow Jones Industrial Average fell 25.19 points, -0.19 percent, to finish the day at 13,077.34. CNNMoney says the Nasdaq lost -0.29 percent, -8.76 points …
Most Tracked Housing Stocks Rise, Led by Nobility and Patrick Read More
Negative earnings reports from several big corporate hitters sent U.S. stocks reeling, as the Dow Jones Industrial Average fell 243.36 points, -1.82 percent, to finish the day at 13,102.53. CNNMoney says the Nasdaq lost -0.88 percent, -26.50 points to close at 2,990.46, while the S&P fell -1.44 percent, -20.71 points …
Following a story we posted Oct. 12, 2012 concerning Salisbury, Mass.’ desire for the state legislature to permit manufactured housing to qualify as affordable housing, Town Meeting voted Oct. 22 to send a home rule petition to the legislature for the second year in a row. As newburyportnews tells MHProNews, …
Investors are cautiously awaiting corporate returns this week, keeping activity on the stock market low, although the three indexes did manage meager gains for the day. CNNMoney says the Dow Jones Industrial Average edged up +0.02 percent today, +2.38 points, to close at 13,345.89. The Nasdaq gained +0.38 percent, +11.34 …
The Dow Jones graphic says it all—the line continues downward all day until a little hiccup near the end. Good news from the housing market could not temper weak earning reports from Microsoft, McDonald’s, Google and General Electric that pounded the Dow down over 200 points, keeping investors on the …
MarketWatch reports Equity LifeStyle Properties, Inc. (ELS) announces the company’s CEO, Thomas Heneghan, will become CEO of Equity International effective Feb. 2013. The company’s current president and CFO, Marguerite Nader, will fill the position of ELS’ president and CEO as of Feb. 1, 2013. As MHProNews reported Sept. 13, Heneghan …
U.S. stocks took a slight tumble as investors eye a Chinese economic slowdown, a growth in first-time unemployment claims, and a bad earnings report card from Google. CNNMoney says the Dow Jones Industrial Average fell -0.06 percent today, -8.06 points, to close at 13,548.94. The Nasdaq lost -1.01 percent, -31.25 …
U.S. stocks moved very little despite positive housing news and strong third quarter corporate reports. CNNMoney reports the Dow Jones Industrial Average rose +0.04 percent today, +5.22 points, to close at 13,557, while the Nasdaq gained +0.10 percent, +2.95 points to close at 3104.12. The S&P also edged up, +0.41 …
LPX, PATK, and SKY all Outperform the Three Indexes Read More
A strong batch of corporate earnings reports pleased investors today, sending stocks and all three indexes into positive territory. CNNMoney reports the Dow Jones Industrial Average rose +0.95 percent today, +127.55 points, to close at 13,551.78, while the Nasdaq gained +1.21 percent, +36.99 points to cross the 3100. mark and …
Citigroup’s strong quarterly report, better-than-expected retail sales and the improvement in Federal Reserve Bank of New York’s Empire State Manufacturing Index were welcomed by investors as all three indexes finished in positive territory in today’s trading. CNNMoney reports the Dow Jones Industrial Average rose +0.72 percent today, +95.38 points, to …
