Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.
The Dow gained 43.97 points to close at 12,273.26. The NASDAQ gained 18.99 points to end the week at 2,809.44, and the S&P was up 7.28 to close at 1329.15. The Manufactured Housing Composite Value was up 2.92 percent to close at 1161.20. In individual stocks, Skyline Corporation ended at […]
Stocks Gained at Close of Market Friday, Feb.11 Read More
Disappointing earnings news had stocks ten points lower Thursday, while the Manufactured Housing Composite Value rose 1.4 percent. Cavco closed higher by more than one percent and Skyline Corporation enjoyed a 3.6 percent gain. On the downside, Nobility Homes and Universal Forest Products were down more than three percent.
Dow Closes Lower, MH Composite Gains Read More
After a day in the red, the Dow managed to close up six points Wednesday, marking the eighth straight day of gains. The fate wasn’t the same for the Manufactured Housing Composite Value, which lost more than three percent. The largest losses were recorded by Cavco, which closed down more
Stocks Turn Green at Day’s End Read More
Net income for this provider of manufactured homes and RV’s jumped nearly 13 percent to $38.4 million over 2009 despite the economic downturn. According to Medill Reports, this Chicago-based real estate investment trust (REIT), which has a controlling interest in over 300 North American resorts comprising more than 10,000 home
Equity Lifestyle Properties Rebounds Read More
The Dow added more than 70 points Tuesday, logging the seventh straight day of gains, on good news from consumer companies like McDonald’s and JCPenney. The Manufactured Housing Composite Value added 2.6 percent. Manufactured housing and related stocks with strong performance include Skyline Corporation, Nobility Homes, Cavco and Universal Forest
Consumer Companies, MH Stocks Have Good Day on Wall Street Read More
Several mergers announced Monday gave investors renewed confidence in the economy that sent stocks up nearly 70 points. The Manufactured Housing Composite Value rose nearly three percentage points. Several stocks had sizeable individual gains including Cavco, up more than four percent; Barnes Group, up more than three percent and UMH
Merger Monday Sends Stocks Higher Read More
Stocks closed modestly higher Thursday while the Manufactured Housing Composite Value finished lower by a fraction of one percent. Most manufactured housing stocks ended the day about where they started. Drew Industries lost nearly two percent to close at $23.19 a share and Global Diversified Industries closed up more than
Stocks Up, MH Index Flat Read More
The Dow remained essentially flat Wednesday, but holding the line above 12,000. The Manufactured Housing Composite Value didn’t fare as well, losing more than two percentage points. Cavco was the big share value loser of the day, giving back more than five percent. Drew Industries declined nearly three percent. The
MH Stocks Mixed Midweek Read More
Stocks recouped value from their plunge January 28, closing above 12,000. Two stocks on our watch list, Skyline Corp and Global Diversified Industries, closed lower Tuesday, but they were the exception. Universal Forest Products closed up more than four percent, Barnes Group closed up more than three percent and Drew
Most MH Stocks Higher Tuesday Read More
Stocks moved up nearly 70 points on the last day in January after unrest in Egypt sent shivers through markets on Friday. Analysts say investors instead focused on the positive earnings news out of Exxon Mobil and rising commodity prices. Several manufactured housing and related stocks also logged gains. Most
Stocks Begin Week in the Green Read More
Cavco Industries announced financial results Friday for the third quarter and first nine months of its fiscal year 2011 ended December 31, 2010. Net sales for the third quarter of fiscal 2011 totaled $39,612,000, up 9 percent from $36,369,000 for the third quarter of fiscal year 2010. Net income attributable
CAVCO Moves Into Black Read More
Stocks remained essentially flat Thursday while the Manufactured Housing Composite Value lost nearly one percent. The biggest decliner was Deer Valley Corp., down nearly four percent. Sun Communities and Global Diversified Industries posted small gains.
MH Stocks Close Lower Read More
The Dow moved across the 12,000 line several times on Wednesday, then fell back, ending at 11,985. Many manufactured housing and related stocks outperformed the averages, however. Axle maker TJT Inc. was up more than eight percent; Universal Forest Products and Drew Industries were up more than three percent. Barnes
Dow Crosses 12,000, Pulls Back Read More
The Dow was down for most of the day Tuesday, but managed to climb in the final hours to arrive nearly where it began, at 11,975—just 25 points away from the 12,000 mark. Several manufactured housing stocks, including Equity Lifestyle Properties and Cavco, managed to eke out gains of one
Dow Dives, Ends Flat Read More
The Dow moved up more than 100 points today on anticipation of solid performance in several corporate reports. Manufactured housing and related stocks also generally performed well. Deer Valley closed up more than nine percent while Nobility Homes ended up more than seven percent. Walker and Dunlop, Drew Industries and
Dow Moves Toward 12,000 Mark Read More
The website SmarTrend recently compared several manufactured home builders with site builders on the basis of a measuring unit known as revenue per employee (RPE), finding the site builders outperforming manufactured home builders. SmarTrend says analysts use RPE as a measure to compare the productivity of companies in the same
Site Builders on Top in RPE Measure Read More
CNBC reports shares of Warren Buffett’s Berkshire Hathaway were up nearly four percent in mid-day trading Monday after Barron’s suggested the company could pay its first dividend since Buffett took over in the mid-1960s. It’s also predicting Berkshire’s stock price could top its all-time high this year – that’s about
Berkshire Hathaway Could Set Share Price Record Read More
Stocks were in for a correction last week but managed to end on an up note. The Dow rose 47 points on Friday. Most manufactured housing stocks were little changed. One exception was All American Group, which rose 13 percent to close at .25 cents a share. The Manufactured Housing
Dow Ends Week on an Up Note Read More
If there’s a word for the week on Wall Street, correction might be it. While by mid-afternoon it looked as if the Dow would actually close higher, by the bell it was down two points – essentially ending the day flat. Most manufactured housing and related stocks again ended the
‘Correction’ is the Word of the Week Read More
Stocks closed modestly lower mid-week and manufactured housing and related stocks were also trading lower. Skyline Corporation and Universal Forest Products were off more than four percent. Cavco’s loss exceeded three percent. Barnes Group, All American Group and Drew Industries were each off more than two percent. The Manufactured Housing
Stocks End Hump Day Down Read More
