Investors backed away from the market for the second consecutive day, still awaiting word from the Federal Reserve and European central banks about the possibility of a stimulus to kick start the conjoined economies, as all three indexes nudged down. CNNMoney reports the Dow Jones Industrial Average lost -64.33 points, …
Many Tracked Housing Stocks Fall; Skyline Falls Hardest Read More
Hoping for stimulus to come later this week from European and U.S. central banks, investors took a break from the markets as indexes nudged down. CNNMoney reports the Dow Jones Industrial Average remained above the 13,000 mark at 13,073.01, losing -2.65 points, -0.02%. The Nasdaq fell as well, dropping -0.41 …
MHProNews has learned from the Manufactured Housing Institute, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), which is charged with coordinating anti-money laundering rules covering over 100,000 financial institutions and businesses that may be utilized to support criminal enterprises, has instituted a new Anti-Money Laundering Program (AML) for …
Anti-money Laundering: MHI’s Templates can Benefit non-bank Lenders Read More
Buoyed by hopes central banks in Europe and the U.S. will stimulate the conjoined economies, CNNMoney reports investors drove the Dow Jones Industrial Average above the 13,000 mark for the first time since May as it gained 187.73 points, +1.46 percent, to end the week at 13,075.66. The Nasdaq also …
As follow-up to a story we published yesterday, July 25, concerning the development of 251 manufactured homes in Halekulani, near the southeast coast of Australia, express-advocate-wyong reports opposition is increasing as nearby residents rallied outside the site Wednesday. As owners of the property, the Darkinjung Aboriginal Land Council wants to …
CNNMoney says Mario Draghi, the president of the European Central Bank, in promising he would do everything necessary to preserve the Euro, sent the Dow Jones Industrial Average flying high, as it gained 211.65 points, rising 1.67 percent, to 12,887.93. The Nasdaq also shot up, gaining +1.37 percent to 2,893.25, …
Despite continuing worries about major European economies, AT&T and Boeing’s corporate returns helped buoy the Dow Jones Industrial Average as it moved up +58.73 points, +0.47%, to 12,676.05. CNNMoney reports the Nasdaq fell 0.31 percent to 2,854.24, while the S&P lost -0.03 percent to close at 1,337.90. The Yahoo! Finance …
Housing Composite Gains More than Dow or Tracked Stocks Read More
DocStoc reports billionaire investor Sam Zell has donated $5 million to the University of Michigan, his alma mater, for a comprehensive entrepreneurial law clinic called ZEAL, the Zell Entrepreneurship and Law Program. Zell says: “My goal with entrepreneurial ventures at the university has always been to create cross-pollination across multiple …
CNNMoney says gloom brought on by weak domestic manufacturing data and lingering fears about the economies of Spain and Greece, and now Italy, sent the Dow Jones Industrial Average down to 12,617.32, losing -104.14. points, -0.82 percent. The Nasdaq also fell, dropping -0.94 percent to 2,862.99, while the S&P lost …
As Spain’s economy contracted for the third quarter in a row and investors fear a wholesale bail-out will be necessary to stabilize the Eurozone’s fourth largest economy, all three indexes closed lower on the day. CNNMoney reports the Dow Jones Industrial Average fell with a thud at the beginning of …
With many companies missing revenue targets for Q2, according to CNNMoney, and ongoing concern about debt problems plaguing Europe, investors kept their money in their pockets, as all three indexes lost ground following three days of gains. The Dow Jones Industrial Average dropped -120.11 points, -0.93 percent, to end the …
Ron Richardson, 81, entrepreneur, real estate investor, Air Force veteran, and business owner passed away in Las Vegas, July 5, 2012. In addition to being an investor in an insurance company and a commuter airline that is now part of Continental Express, “commodore”, as he liked to be called, bought …
CNNMoney reports all three indexes edged a little higher as positive corporate returns trumped weaknesses in the overall economy. The Dow Jones Industrial Average finally settled at 12,924.43 after dipping and peaking throughout the day, gaining +34.66 points, +0.27%. The Nasdaq rose +0.79% to 2,965.90, while the S&P gained 0.27% …
Investors were encouraged by better-than-expected corporate returns and the rise in technology stocks as all three indexes advanced, according to CNNMoney. The Dow Jones Industrial Average moved up +103.16 points, +0.81%, to close at 12,908.70. The Nasdaq rose +1.12% to 2,942.60, while the S&P gained +0.67% to 1,372.78. The Yahoo! …
After hearing that Fed Chairman Ben Bernanake told a Senate panel today risks to the economic recovery still exist, but did not rule out another stimulus action, the Dow Jones Industrial Average rallied from a dip down to 12,650 and closed at 12,805.54, gaining +78.33 points, +0.62 percent. CNNMoney says …
Retail sales in June fell -0.5 percent from last month, resulting in a tepid day on Wall Street as all three indexes lost a little ground. CNNMoney tells us the Dow Jones Industrial Average dropped -49.88 points, -0.39%, to close at 12,727.21. The Nasdaq fell -11.53 points to 2,896.94, while …
In addition to Atlanta’s Federal Reserve Bank’s president suggesting stimulus may be coming, JPMorgan Chase’s announcement of a stronger-than-expected earnings report sent all three indexes up well over one percent at week’s end. CNNMoney tells us the Dow Jones Industrial Average gained 203.82 points, +1.48 percent, to close at 12,777.09. …
Most Tracked Housing Stocks Rise Along with Indexes Read More
IN THIS REPORT: MHARR INTENSIFIES CALL FOR CHATTEL SUPPORT DODD-FRANK REFORM NOT IMMINENT MHARR CAUTIONS ACCESS BOARD AND HUD HOUSE PASSES REDUCED FUNDING FOR HUD PROGRAM AO FUNDING “GLITCH” CONTINUES MHARR CALLS FOR FULL SUPPORT AND REVIVAL OF MH CHATTEL LOANS With more than 70 percent of all manufactured homes …
Investors remained worried that the European summit last month will not produce a rescue plan for the euro currency union amid concerns about corporate returns in this country, as all three indexes lost a little more ground. CNNMoney reports the Dow Jones Industrial Average dropped -31.26 points, -0.25%, to close …
Most Tracked Housing Stocks Gain, While Indexes Fall Read More
Benzinga reports Wed. July 11 BMO Capital Markets downgraded Sun Communities, Inc. to market perform from outperform and repeated its $45.00 target. Benzinga compliments Sun on its balance sheet metrics, dividend coverage, and net operating income (NOI), and notes its affordable housing option continues to thrive. Sun (NYSE: SUI) closed …
