Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.
The Manufactured Housing Composite Value declined Wednesday after two days of gains. Individual stocks performed well, however. They include Nobility Homes, up 2.3 percent, and Cavco, up half of a percent. Skyline Corp. was off more than five percent. The Dow closed up 26 points.
MH Composite Value Takes a Breather Read More
The Manufactured Housing Composite Value rose again on Tuesday, adding more than three percent. Some of the best performers include Skyline Homes, up more than four percent, and Cavco, up more than three percent. Universal Forest Products and Barnes Group also rose. UMH Properties and All American Group closed lower.
MH Composite Value Up Again on Tuesday Read More
The Manufactured Housing Composite Value lurched forward two more percentage points Monday as major stocks logged gains in their share price. Cavco ended the day up more than four percent, Nobility Homes was up more than five percent and Skyline Corp. gained more than one percent. Equity Lifestyle Properties and
MH Index Continues Its Rise Read More
Zack’s Investment Research reveals that analysts expect Cavco will end 2010 with profits following losses in 2009. Zack’s says in the last fiscal year, the company lost $0.52 per share. Cavco Industries is now estimated to attain profitability and earn $0.09 per share this year, based on 6.6 million shares
Analysts Expect Cavco to Show Substantial Profit for 2010 Read More
The Manufactured Housing Composite Value jumped more than ten percentage points Friday as the Dow ended the day seven points lower. Leading the way was Skyline Corporation, ending the day more than 14 percent higher and closing at $27.50 a share. Deer Valley Corp. was up ten percent for the
Manufactured Housing Composite Jumps Ten Points Read More
The Dow spent most of the day in the green and ended with a third percent gain of 41 points. The Manufactured Housing Composite Value gained more that one percent. Big gainers included previously mentioned UMH Properties, up more than four percent, as well as Barnes Group and Cavco, each
Stocks Post Gains Thursday Read More
The Dow was up most of the day, but finished the day 19 points in the red. While the Manufactured Housing Composite Value was also off, several stocks in the category performed well. Axle maker TJT Inc was up 13 percent, All American Group was up nearly four percent and
Dow Ends the Day Down Read More
Walker & Dunlop, Inc. announced Wednesday the pricing of its initial public offering of 10,000,000 shares of common stock at $10.00 per share. Established in 1937, Walker & Dunlop is one of the leading providers of commercial real estate financial services in the United States, with a primary focus on
Walker & Dunlop Announces the Pricing of Its Initial Public Offering Read More
The Dow moved ahead 48 points Tuesday, but the Manufactured Housing Composite Value ended the day modestly lower. The index was off just under one percent. The biggest gainers included Nobility Homes, up nearly two percent to $7.75 a share, while UMH Properties closed up a little more than one
Dow Posts Gains Tuesday Read More
The Dow closed up 18 points—one sixteenth of one percent— Monday, but had been up as much as 50 point earlier in the day. The Manufactured Housing Composite Value once again rose more than the Dow with a 3.63 percent gain. Helping to bring those averages up was Skyline Corporation,
Stocks Post Modest Gains Ahead of Tax Vote Read More
The Dow rose more than 40 points Friday on news of an increase in consumer confidence. While that amounts to an increase of about a third of one percent for the Dow, the Manufactured Housing Composite Value was up more than six percent. Companies contributing to a day in the
Manufactured Home Stocks Best the Dow Read More
T.J.T., Inc, a major supplier of axles, tires, and set-up supplies to the manufactured housing industry, announced a net loss of $1,535,000, or $.34 per diluted share, for fiscal year 2010. Net sales declined 23 percent in the final quarter of fiscal 2010 as compared to the same quarter in
T.J.T., Inc. Reports Results, Net Loss Read More
Stocks started the day with a small rally on news of improvement on the employment front. It was short-lived, however. The Dow was in a state of modest decline through most of the day, recovering later and moving close to green just before close, but not quite getting there. The
Stocks End the Day Down Read More
Stocks closed up 13 points mid-week after staying close to the even mark all day. The Manufactured Housing Composite Value was off half of one percent. Some manufactured housing and related stocks suffered significant losses, on a percentage basis anyway. Global Diversified Industries was off more than 50 percent to
Stocks End Flat on Hump Day Read More
After opening 80 points in the green Tuesday, the Dow began to loose steam mid-afternoon and ended the day down three points. Most manufactured home stocks ended the day with little change. The exceptions were Palm Harbor Homes, which ended up three points at 13 cents a share, and All
Early Rally Ends in the Red Read More
Housing may seem like it’s in the tank, but a look by Forbes at markets over the last decade tells a different story. The magazine reports that the value of a square foot of housing in the U.S. is up 58 percent from its January 2000 level. New York performed
Housing Outperforms Stocks for the Decade Read More
Stocks fluctuated throughout the day Monday as oil prices hovered at a two-year high and silver hit a 30-year high. The Dow ended down about 20 points. The Manufactured Housing Composite Value moved up a percentage point, however, as some companies added to their share price. Deer Valley added 14
Stocks Fluctuate on Wall Street Monday Read More
After a day in the red, the Dow closed modestly higher Friday following a week of strong gains. News that the unemployment rate rose to 9.8 percent in November brought the blues to Wall Street for most of the day. Construction companies contributed to the lower numbers, slashing some 5,000
Friday’s Cloud Over the Dow Breaks Over MH Index Read More
Markets continued to rally Thursday with the Dow moving up more than 100 points on new U.S. home sales, and retail sales topped estimates. The Manufactured Housing Composite Value gained half of one percent. Top performers among manufactured housing and related stocks include Drew Industries, up more than four percent;
Dow Continues to Rally Read More
The Dow Jones Industrial Average rose just shy of 250 points on Wednesday as Goldman Sachs raised their forecast for U.S. economic growth. Manufactured housing and related stocks also closed mostly higher. Universal Forest Products was up nearly five percent, Drew Industries was up 3.6 percent and Cavco rose 2.6
Stocks Soar into December Read More
