CNNMoney reports the Dow Jones Industrial Average dropped sharply upon renewed fears of European’s debt crisis, falling 247.49 points, 2.13%, to end the trading day at 11,397. The Yahoo! Finance Manufactured Housing Composite Value lost -3.72 percent to close at 701.60, as most housing stocks declined as well.Affiliated Managers Group …
CNNMoney reports the Dow Jones Industrial Average responded to good news from the consumer sector, gaining 166.36 points, 1.45%, to end the week at 11,644.49. The Yahoo! Finance Manufactured Housing Composite Value 0.34 percent to close at 728.80. Housing stocks in general closed mostly up. Affiliated Managers Group 85.67 +1.55 …
RepublicanHerald reports from Pine Grove, Pennsylvania, that modular home manufacturer Manorwood Homes, Inc., is shutting its doors permanently following the devastating floods in early September from Tropical Storm Irene. A modular home builder for 16 years here in east central PA, 100 people lost their jobs. Manorwood manager Wayne Morris …
Massive Flooding Seals Fate of Modular Manufacturer Read More
CNNMoney reports the Dow Jones Industrial Average stepped back from its recent gains and dropped -40.72 points to close at 11,478.13, down -0.35 percent. The poor earnings report from JPMorgan Chase contributed to the fall. The Yahoo! Finance Manufactured Housing Composite Value lost -0.36 percent to close at 726.30. Affiliated …
Dow Loses a Little Steam, as Housing Stocks Close Mixed Read More
CNNMoney reports the Dow Jones Industrial Average rose 102.55 points, gaining +.90%, to end the day at 11,518.85, led by bank stocks and renewed hopes for the European debt crisis to resolve. The Yahoo! Finance Manufactured Housing Composite Value climbed +0.87% to close at 728.90, as many housing stocks gained …
Bank Stocks Lead Dow Up, Many Housing Stocks Follow Read More
CNNMoney reports the Dow Jones Industrial Average slipped -16.88 points (-0.15%) to close at 11,416.30, the market peaking and falling all day as investors waited to hear Slovakia’s decision concerning the European bailout fund. The Yahoo! Finance Manufactured Housing Composite Value also dropped, falling -0.36% to close at 722.60, as …
Futures and Commodity Market News reports that SmarTrend, that inveterate follower of 5,000 stocks daily, says Cavco Industries (NASDAQ:CVCO) has the lowest Forward Earnings Yield (FEY) in the homebuilding industry. Based on projected earnings for the year, Cavco is at 0.11% FEY, followed by Meritage (NYSE:MTH) at 0.14%, and Toll …
MHProNews has learned from Lois Starkey, Vice President of Regulatory Affairs at the Manufactured Housing Institute (MHI), that the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy (EERE) will offer a series of free webinars aimed at providing information on the Guidelines for Home Energy Professionals …
CNNMoney reports stocks shot up nearly three percent (2.97%) as investors were buoyed by good news from the Eurozone, the Dow Jones Industrial average closing at 11,433.18. Yahoo! Finance says the Manufactured Housing Composite nudged down 1.19% to close at 725.20, as housing stocks closed mixed. Affiliated Managers Group 83.82 …
CNNMoney reports the Dow Jones Industrial Average gained for the third day in a row, moving up 183.38 points to close at 11,123.33, an increase of 1.68 percent, as investors were encouraged by the European Central Bank’s policy changes. The Yahoo! Finance Manufactured Housing Composite Value fell -0.75 % to …
Dow Climbs Third Straight Day, Housing Stocks Up and Down Read More
BerksmontNews reports the MH retail business Leo Houck began along Old Route 22 west of Hamburg, Pennsylvania, is now located in Shoemakersville, just north of Reading, and is celebrating its fiftieth birthday. His daughter, Athian Wilson, took over the business after he passed away in 1973, and now operates it …
CNNMoney reports the Dow Jones Industrial Average gained 131.24 points (+1.21%) to close at 10,939.95, spurred on by business activity, and cautiously optimistic about the European debt crisis. The Yahoo! Finance Manufactured Housing Composite Value moved up slightly to 779.20, a gain of 1.11%. Affiliated Managers Group 78.40 +0.88 (+1.14%). …
Dow Adds to Yesterday’s Gain; Housing Stocks Close Mixed Read More
DailyGazette reports that the Federal Emergency Management Agency (FEMA) is transporting manufactured homes to Cobleskill NY as the agency’s response to the needs of dozens of households displaced by Hurricane Irene and Tropical Storm Lee. FEMA spokesman Chris McKniff said it’s unclear precisely how many of the manufactured homes are …
Businessweek reports thatPalm Harbor Homes Inc., which sold their assets to Fleetwood in April for $83.9 million, has scheduled a Nov. 17 confirmation hearing to approve a Chapter 11 plan. The bankruptcy court in Delaware approved this week the explanatory disclosure statement on Sept. 27. The disclosure statement predicts that holders of …
Palm Harbor Homes Plan Set for Nov. 17 Confirmation Read More
CNNMoney reports the Dow Jones Industrial Average reversed some of last week’s losses and climbed 243.93 points, a gain of 2.26 percent, to close at 11015.41 as investors fears about Europe’s debt crisis turned to hope. The Yahoo! Finance Manufactured Housing Composite Value gained slightly to 753., +0.82%. Affiliated Managers …
Dow Rebounds from Last Week’s Pounding; Housing Stocks Close Mixed Read More
CNNMoney reports The Dow Jones Industrial Average re-gained small ground today, moving up 37.65 points on the heels of a near seven percent loss for the week, it’s worst since Oct. 2008. It closed at 10,771.48, a gain of 0.35 percent. Yahoo!’s Manufactured Housing Composite gained 2.05 percent to end …
Investors Losing Faith in World leaders and Economies Read More
Weak manufacturing date from China and concerns about Greece’s economy sent the Dow Jones Industrial Average plunging -3.51% to close at 10,733.83, a loss of -391.01 points. The Yahoo! Finance Manufactured Housing Composite Value declined .84% to 731.9, but housing stocks closed mixed. Affiliated Managers Group 78.56 -2.22 (-2.75%)). Clayton …
Stock Prices Fall 4% as Fear for Global Economy Dominates Market Read More
The Dagger Press reports from Aberdeen, Maryland, that Bruce E. Garner will seek re-election to the Aberdeen City Council in the municipal election balloting in November. A 35-year veteran of the manufactured housing industry, Garner served ten years as general manager for a large manufactured home retailer in the northeast, …
The Dow Jones Industrial Average dropped 283.82 points to close at 11,124.84, losing 2.49% of its value after the Federal Reserve announced it is not changing rates, and Operation Twist is on. The Yahoo! Finance Manufactured Housing Composite Value declined to 738.20, off -4.33%, as many housing stocks took a …
CNNMoney reports the Dow Jones Industrial Average inched 7.65 points higher today, gaining 0.07% to close at 11,408.66 as fears about Greece’s economic turmoil fell somewhat. Yahoo! Finance reports the Manufactured Housing composite dropped 1.26% to end the day at 771.60. Affiliated Managers Group 84.40 -1.16 (-1.36%). Clayton Homes, Vanderbilt …
Dow Strengthens in Midday then Falls, Registering Modest Gain Read More
