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Posts Tagged ‘Palm Harbor Homes’

Three Major Indexes Fall Again; Tracked Housing Stocks Close Mixed

August 16th, 2013 Comments off

Stocks turned red for the third straight day as the Dow and S&P each lost two percent on the week, typical of a dog day in August. CNNMoney reports the Dow lost -30.72 points, -0.20 percent, to close at 15,081.47. The Nasdaq nudged down -0.09 percent, -3.34 points to end the day at 3,602.78, while the S&P lost -0.33 percent, -5.49 points, to close at 1,655.83. The Yahoo! Finance Manufactured Housing Composite fell -1.32 percent to end today’s session at 919.9. Housing stocks we follow closed mixed or even, although Patrick Industries lead the housing stocks we track, posting a +2.08 percent increase, +0.51, to end the week at 24.67. Sun Communities, Inc. dropped the most of stocks we follow, falling -3.14 percent, -1.40, to end the day at 43.15. Affiliated Managers Group 175.75 -0.30 (-0.17%). Cavco Industries 52.92 +0.22 (+0.42%) Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 173,122 +322.00 (+0.19%). Deer Valley remained unchanged at 0.59. Drew Industries, Inc. 43.01 +0.14 (+0.33%). Equity LifeStyle Properties 34.89 -1.16 (-3.22%). Liberty Homes remained steady at 0.60. Louisiana Pacific Industries 15.76 -0.21 (-1.31%). Nobility Homes continued at 8.50. Palm Harbor Homes remained unchanged. Patrick Industries 24.67 +0.51 (+2.08). Skyline Corp. 4.16 -0.16 (-3.33%). Third Avenue Value Fund (Aug. 15) 56.13 -0.54 (-0.95%). UMH Properties, Inc. 9.63 -0.20 (-2.03%). Universal Forest Products, Inc. 38.65 -0.03 (-0.08%).

(Graphic credit: CNNMoney and RealTick)

Cavco, Patrick Lead Stocks We Track, as Dow Drops Precipitously

August 15th, 2013 Comments off

While investors worry when the Federal Reserve may reduce it’s stimulus program, the government reports jobless claims dropped by 15,000 and the consumer price index rose only two percent, but the Dow Jones Industrial Average fell 225.47 points on disappointing earnings reports from Wal-Mart and Cisco. CNNMoney reports the Dow lost -1.47 percent, to close at 15,112.19, the sharpest drop in almost two months. The Nasdaq fell -1.72 percent, -63.15 points to end the day at 3,606.12, while the S&P lost -1.43 percent, -24.07 points, to close at 1,661.32. The Yahoo! Finance Manufactured Housing Composite fell -1.24 percent to end today’s session at 932.2. Many housing stocks we follow closed down, some ended the day even, although Cavco Industries lead the housing stocks we track, posting a +3.76 percent increase, +1.91, to end at 52.70, while Patrick Industries regained more of the ground it lost Monday, Aug. 12, moving up in today’s session +3.64 percent, +0.85 points, to end the day at 24.17. Sun Communities, Inc. dropped the most of stocks we follow, falling -2.86 percent, -1.31, to end the day at 44.55. Affiliated Managers Group 176.14 -3.98 (-2.21%). Deer Valley 0.59 -0.01 (-2.00%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 172,500 -2,225.00 (-1.29%). Drew Industries, Inc. 42.87 -0.80 (-1.83%). Equity LifeStyle Properties 36.05 -0.61 (-1.66%). Liberty Homes remained steady at 0.60. Louisiana Pacific Industries 15.97 +0.03 (+0.19%). Nobility Homes continued at 8.50. Palm Harbor Homes remained unchanged. Skyline Corp. 4.80 -0.13 (-2.64%). Third Avenue Value Fund (Aug. 14) 56.67 +0.09 (+0.16%). UMH Properties, Inc. 9.83 -0.25 (-2.48%). Universal Forest Products, Inc. 38.67 -0.32 (-0.84%).

(Graphic credit: CNNMoney and RealTick)

Three Major Indexes Fall from Investors Neglect; Most Tracked Housing Stocks Fall

August 14th, 2013 Comments off

Investors were busy speculating as to when the Federal Reserve will taper its stimulus program and the three major indexes responded by sliding down. CNNMoney reports the Dow Jones Industrial Average dropped -113.35 points, -0.73 percent, to close at 15,337.36. The Nasdaq fell -0.41 percent, -15.17 points to end the day at 3,669.27, while the S&P lost -0.52 percent, -8.77 points, to close at 1,685.39. The Yahoo! Finance Manufactured Housing Composite fell -1.74 percent to end today’s session at 944.0. Many housing stocks we follow closed down, some ended the day even, although Patrick Industries regained more of the ground it lost Monday, Aug. 12, moving up in today’s session +2.07 percent, +0.47 points, to end the day at 23.32. Louisiana Pacific Industries dropped the most of stocks we follow, falling -3.98 percent, -0.66, to end the day at 15.94. Affiliated Managers Group 180.12 -0.76 (-0.42%). Cavco Industries 50.79 -2.01 (-3.81%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 174,860 -865.00 (-0.49%). Drew Industries, Inc. 43.67 -0.60 (-1.36%). Equity LifeStyle Properties 36.66 +0.37 (+1.02%). Liberty Homes remained steady at 0.60. Nobility Homes continued at 8.50. Palm Harbor Homes remained unchanged. Skyline Corp. 4.93 +0.09 +(+1.86%). Sun Communities, Inc. 45.86 -0.20 (-0.43%). Third Avenue Value Fund (Aug. 14) 56.58 +0.07 (+0.12%). UMH Properties, Inc. 10.08 -0.24 (-2.33%). Universal Forest Products, Inc. 39.00 -1.11 (-2.76%).

(Graphic credit: CNNMoney and RealTick)

Most Tracked Housing Stocks Fall; Three Major Indexes Advance

August 13th, 2013 Comments off

All three indexes advanced modestly but the bigger stories concerned Apple, J.C. Penney and the suit field by the Justice Department to block the $11 billion merger of U. S. Airways and American Airlines. CNNMoney reports the Dow Jones Industrial Average nudged up +31.33 points, +0.20 percent, to close at 15,451.01 The Nasdaq edged up +0.39 percent, +14.49 points to end the day at 3,684.44, while the S&P moved up +0.28 percent, +4.69 points, to close at 1,694.16. The Yahoo! Finance Manufactured Housing Composite fell -0.46 percent to close at 960.7. Housing stocks we follow closed mixed or even, while Patrick Industries regained some of the ground it lost yesterday, moving up +2.15 percent, +0.48 points, to end the day at 22.85. Skyline Corp. dropped the most of stocks we follow, falling -3.97 percent, -0.20, to end the day at 4.84. Affiliated Managers Group 180.88 +2.80 (+1.57%). Cavco Industries 52.67 -1.43 (-2.64%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,725 -23.00 (-0.01%). Drew Industries, Inc. 43.93 +0.06 (+0.14%). Equity LifeStyle Properties 36.29 -0.87 (-2.34%). Liberty Homes remained steady at 0.60, Louisiana Pacific Industries 16.65 -0.34 (-1.97%). Nobility Homes continued at 8.50. Palm Harbor Homes remained unchanged. Sun Communities, Inc. 46.06 -0.94 (-2.00%). Third Avenue Value Fund (Aug. 12) remained unchanged at 56.51. UMH Properties, Inc. 10.32 -0.28 (-2.64%). Universal Forest Products, Inc. 40.12 -0.48 (-1.18%).

(Graphic credit: CNNMoney and RealTick)

Skyline Rises, Patrick Drops, Three Major Indexes Budge

August 12th, 2013 Comments off

Continuing concerns about the possibility of a Federal Reserve pullback on its bond-buying support of the economy has investors stepping back from the market, resulting in the three major indexes moving very little either way. CNNMoney reports the Dow Jones Industrial Average nudged down -5.83 points, -0.04 percent, to close at 15,419.68. The Nasdaq edged up +0.27 percent, +9.84 points to end the day at 3,669.95, while the S&P moved down -0.12 percent, -1.95 points, to close at 1,689.47. The Yahoo! Finance Manufactured Housing Composite gained +0.83 percent to close at 965.1. Housing stocks we follow closed mixed or even, while Skyline Corp. gained the most of tracked stocks, +5.00 percent, +0.24 points, to end the day at 5.04. Patrick Industries, Inc. dropped the most of stocks we follow, falling -4.74 percent, -1.11, to end the day at 22.32. Affiliated Managers Group 178.08 -0.85 (-0.48%). Cavco Industries 54.18 +0.76 (+1.42%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,748 +648.00 (+0.37%). Drew Industries, Inc. 43.87 -0.19 (-0.43%). Equity LifeStyle Properties 37.16 -0.32 (-0.85%). Liberty Homes remained steady at 0.60, Louisiana Pacific Industries was unchanged at 16.93, Nobility Homes continued at 8.50. Palm Harbor Homes remained unchanged. Sun Communities, Inc. 47.00 -0.35 (-0.74%). Third Avenue Value Fund (Aug 9) 56.51 +0.16 (+0.28%). UMH Properties, Inc. 10.78 -0.11 (-1.01%). Universal Forest Products, Inc. 40.60 +0.27 (+0.67%).

(Graphic credit: CNNMoney and RealTick)

Three Major Indexes and Most Tracked Housing Stocks Fall

August 9th, 2013 Comments off

The market ended the week on the downside, with all three indexes in the red, although stocks have still gained between 18% and 23% on the year. CNNMoney reports the Dow Jones Industrial Average dropped -72.81 points, -0.47 percent, to close at 15,425.51. The Nasdaq fell -0.25 percent, -9.01 points to end the day at 3,660.11, while the S&P moved down -0.36 percent, -6.06 points, to close at 1,691.42. The Yahoo! Finance Manufactured Housing Composite gained -0.92 percent to close at 957.1. Housing stocks we follow closed mixed or even. Equity LifeStyle Properties gained the most of tracked stocks, +1.90 percent, +0.70 points, to end the day at 37.48. Patrick Industries, Inc. dropped the most of stocks we follow, falling -3.22 percent, -0.78, to end the day at 23.43. Affiliated Managers Group 178.93 -1.39 (-0.77%). Cavco Industries 53.42 +0.14 (+0.26%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,100 -1,451.00 (-0.82%). Drew Industries, Inc. 44.06 -0.15 (-0.34%). Liberty Homes remained steady at 0.60. Louisiana Pacific Industries 16.93 -0.55 (-3.15%). Nobility Homes remained steady at 8.50. Palm Harbor Homes remained unchanged. Skyline Corp. 4.80 -0.02 (-0.41%). Sun Communities, Inc. 47.35 -0.11 (-0.23%). Third Avenue Value Fund (Aug 8) 56.35 +0.16 (+0.28%). UMH Properties, Inc. 10.89 +0.12 (+1.11%). Universal Forest Products, Inc. 40.31 -0.37 (-0.92%).

(Graphic credit: CNNMoney and RealTick)

Three Major Indexes make Modest Gains; Tracked Housing Stocks Mixed

August 8th, 2013 Comments off

After a three-day losing streak, U. S. stocks moved slightly higher today amid strong corporate returns and lower-than-expected jobless claims. CNNMoney reports the Dow Jones Industrial Average gained 27.65 points, +0.18 percent, to close at 15,498.32. The Nasdaq climbed +0.41 percent, +15.11 points to end the day at 3,66.12, while the S&P moved up +0.39 percent, +6.57 points, to close at 1,697.48. The Yahoo! Finance Manufactured Housing Composite gained +1.89 percent to close at 966. Housing stocks we follow closed mixed or even. Patrick Industries gained the most of tracked stocks, +2.89 percent, +0.68 points, to end the day at 24.17. Sun Communities, Inc. dropped the most of stocks we follow, falling -1.10 percent, -0.53, to end the day at 47.46. Affiliated Managers Group 180.32 +0.12 (+0.07%). Cavco Industries 53.30 -0.35 (-0.65%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 176,551 +1,351.00 (+0.77%). Drew Industries, Inc. 44.21 +0.36 (+0.82%). Equity LifeStyle Properties 36.78 -0.27 (-0.73%). Liberty Homes remained steady at 0.60. Louisiana Pacific Industries 17.49 +0.45 (+2.61%). Nobility Homes remained steady at 8.50. Palm Harbor Homes remained unchanged. Skyline Corp. 4.82 -0.04 (-0.82%). Third Avenue Value Fund (Aug 7) 56.19 -0.39 (-0.69%). UMH Properties, Inc. 10.77 +0.01 (+0.09%). Universal Forest Products, Inc. 40.68 -0.09 (-0.22%).

(Graphic credit: CNNMoney and RealTick)

Three Major Indexes, most Tracked Stocks Drop

August 7th, 2013 Comments off

In a repeat of yesterday, investors continue to worry the Federal Reserve’s asset purchase support of the economy will end soon, causing the three major indexes to finish the day in the red. CNNMoney reports the Dow Jones Industrial Average slid -48.07 points, -0.31 percent, to close at 15,470.67. The Nasdaq dropped -0.32 percent, -11.76 points to end the day at 3,654.01, while the S&P fell back -0.38 percent, -6.46 points, to close at 1,690.91. The Yahoo! Finance Manufactured Housing Composite dropped -1.06 percent to close at 948.1. Housing stocks we follow closed mixed or even, but more fell than rose. Louisiana Pacific Industries gained the most of tracked stocks, +1.46 percent, +0.25 points, to end the day at 17.09. Patrick Industries dropped the most of stocks we follow, falling -3.81 percent, -0.93, to end the day at 23.49. Affiliated Managers Group 180.20 -4.02 (-2.18%). Cavco Industries 53.53 +0.28 (+0.53%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,200 -1,655.00 (-0.94%). Drew Industries, Inc. remained unchanged at 43.39. Equity LifeStyle Properties 37.05 -0.10 (-0.27%). Liberty Homes remained steady at 0.60. Nobility Homes remained steady at 8.50. Palm Harbor Homes remained unchanged. Skyline Corp. 4.86 -0.11 (-2.21%). Sun Communities, Inc. 47.99 -0.23 (-0.48%). Third Avenue Value Fund (Aug 6) 56.58 -0.20 (-0.35%). UMH Properties, Inc. 10.76 -0.16 (-1.47%). Universal Forest Products, Inc. remained steady at 40.77.

(Graphic credit: CNNMoney and RealTick)

Three Major Indexes Slide; Most Tracked Housing Follows Suit

August 6th, 2013 Comments off

With two Federal Reserve presidents hinting its bond buying program may begin tapering next month, investors stepped back; perhaps it is just the dog days of summer stepping in to slow things down. CNNMoney reports the Dow Jones Industrial Average slid -93.39 points, -0.60 percent, to close at 15,518.74. The Nasdaq dropped -0.74 percent, -27.18 points to end the day at 3,665.77, while the S&P fell back -0.57 percent, -9.77 points, to close at 1,697.37. The Yahoo! Finance Manufactured Housing Composite dropped -3.25 percent to close at 958.3. Housing stocks we follow closed mixed or even, but more fell than rose. Drew Industries, Inc. posted the biggest gain of tracked stocks, +4.00 percent, +1.67 points, to end the day at 43.39. Deer Valley dropped the most of stocks we follow, falling -5.81 percent, -0.04, to end the day at 0.60, although Patrick, Cavco, and Skyline each fell over three percent. Affiliated Managers Group 184.22 -1.78 (-0.96%). Cavco Industries 53.25 -1.95 (-3.53%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 176,855 -445.00 (-0.25%). Equity LifeStyle Properties 37.15 -0.18 (-0.48%). Liberty Homes remained steady at 0.60. Louisiana Pacific Industries 16.84 +0.03 (+0.18%). Nobility Homes remained steady at 8.50. Palm Harbor Homes remained unchanged. Patrick Industries 24.42 -1.23 (-4.80%). Skyline Corp. 4.97 -0.20 (-3.87%). Sun Communities, Inc. 48.22 -0.33 (-0.68%). Third Avenue Value Fund (Aug 5) 56.78 -0.21 (-0.37%). UMH Properties, Inc. 10.92 +0.13 (+1.20%). Universal Forest Products, Inc. 40.77 -0.46 (-1.12%).

(Graphic credit: CNNMoney and RealTick)

Skyline Spikes, Three Major Indexes Waffle

August 5th, 2013 Comments off

Investors stepped back from the table today to start the first full week of August as the three major indexes closed mixed and little changed after hitting new highs last week. CNNMoney reports the Dow Jones Industrial Average slid -46.23 points, -0.30 percent, to close at 15,612.13. The Nasdaq rose +0.09 percent, +3.36 points to end the day at 3,692.95, while the S&P fell back -0.15 percent, losing -0.15 percent, -2.53 points, to close at 1,707.14. The Yahoo! Finance Manufactured Housing Composite dropped -0.52 percent to close at 990.3. Housing stocks we follow closed mixed or even, although Skyline Corp. posted the biggest gain of tracked stocks, spiking +16.45 percent, +0.85 points, to end the day at 6.09. Cavco Industries dropped the most of stocks we follow, falling -4.39 percent, -1.23, to end the day at 55.16. Affiliated Managers Group 186.00 +0.26 (+0.14%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 177,300 +800.00 (+0.45%). Deer Valley was unchanged at 0.64. Drew Industries 41.72 +0.12 (+0.29%). Equity LifeStyle Properties 37.33 -0.23 (-0.67%). Liberty Homes remained steady at 0.60. Louisiana Pacific Industries 16.81 +0.05 (+0.30%). Nobility Homes remained steady at 8.50. Palm Harbor Homes remained unchanged. Patrick Industries 25.65 +0.83 (+3.34%). Sun Communities, Inc. 48.55 +0.06 (+0.12%). Third Avenue Value Fund (Aug 2) 56.99 +0.39 (+0.69%). UMH Properties, Inc. 10.79 -0.02 (-0.19%). Universal Forest Products, Inc. 41.18 -0.27 (-0.67%).

(Graphic credit: CNNMoney and RealTick)