International Business News - FLE http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif After Hurricane Katrina devastated the Gulf Coast in 2005, at least one industry got a lift: recreational vehicle makers, who benefited from the more than $1 billion spent on travel trailers and mobile homes to house displaced residents. http://www.ibtimes.com/articles/20080903/rv-makers-not-likely-to-see-katrina-boom-repeat.htm Wed, 03 Sep 2008 04:37:41 EDT Shares of recreational vehicle makers shot higher on Tuesday as crude prices tumbled after the Gulf Coast and its oil facilities appeared to be spared the worst from Hurricane Gustav. http://www.ibtimes.com/articles/20080902/sector-snap-rv-makers-surge-as-oil-recedes.htm Tue, 02 Sep 2008 13:18:49 EDT Shares of Fleetwood Enterprises Inc. recovered to close flat on Friday after dropping throughout the day. On Thursday, the recreational vehicle maker posted a wider quarterly loss and as an analyst cut his price target on the stock. http://www.ibtimes.com/articles/20080829/fleetwood-shares-decline-after-1q-loss-widens.htm Fri, 29 Aug 2008 16:56:42 EDT Recreational vehicle maker Fleetwood Enterprises Inc. on Thursday posted a sharply wider fiscal first-quarter loss as RV sales continued to plunge. Fleetwood said its net loss for the quarter ended July 27 multiplied to $29.1 million, or 42 cents per share, from a loss of $2.3 million, or 4 cents per share, in the prior-year quarter. http://www.ibtimes.com/articles/20080828/fleetwood-says-1q-loss-widens-on-weak-rv-market.htm Thu, 28 Aug 2008 08:15:22 EDT Conditions in the recreational vehicle sector remain "dreadful," an analyst said Tuesday, citing recently released data on RV shipments. Robert W. Baird's Craig Kennison said RV wholesale shipments fell 39 percent in July, according to the Recreational Vehicle Industry Association. Motorhome shipments, meanwhile, slid 56 percent and towable shipments declined 36 percent, he said. http://www.ibtimes.com/articles/20080826/ahead-of-the-bell-rv-sector-remains-troubled.htm Tue, 26 Aug 2008 08:44:02 EDT Shares of recreational vehicle makers declined on Thursday as oil prices rallied and the broader market edged lower. Light, sweet crude jumped $5 to $120.56 a barrel after rising as high as $122.04, its highest price since Aug. 4. Concerns over rising tensions with Russia helped push the commodity higher Thursday. http://www.ibtimes.com/articles/20080821/sector-snap-rv-maker-shares-slip-as-oil-rallies.htm Thu, 21 Aug 2008 14:23:13 EDT Among the stock activity stories for Wednesday, Aug. 20, from AP Financial News: NEW YORK (AP)--Shares of mortgage insurer Radian Group Inc. plunged Wednesday on concerns over the well-being of mortgage finance companies Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20080820/movers-roundup-radian-group-fleetwood.htm Wed, 20 Aug 2008 14:41:20 EDT Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080820/bjs-h-p-mcclatchy-suntech-power-are-big-movers.htm Wed, 20 Aug 2008 16:30:05 EDT Shares of Fleetwood Enterprises Inc. tumbled Wednesday after oil prices jumped and a ratings service downgraded the recreational vehicle maker's ratings another notch into junk status. http://www.ibtimes.com/articles/20080820/fleetwood-shares-tumble-on-oil-downgrade.htm Wed, 20 Aug 2008 17:49:36 EDT Shares of recreational vehicle makers declined Wednesday after an Avondale Partners survey of 70 RV dealers showed motorhome sales plunged in June. The 51.1 percent drop, compared with retail sales in the same month last year, is not unexpected considering the 23-month downturn in the RV market and a 54.4 percent decrease in wholesale shipments in June, the report said. http://www.ibtimes.com/articles/20080813/rv-makers-fall-survey-shows-motorhome-sales-down.htm Wed, 13 Aug 2008 15:36:12 EDT Fleetwood Enterprises Inc., a maker of recreational vehicles and manufactured housing, said Wednesday its executive vice president and chief financial officer, Boyd R. Plowman, plans to retire effective Sept. 9. http://www.ibtimes.com/articles/20080813/fleetwood-enterprises-cfo-boyd-plowman-to-retire.htm Wed, 13 Aug 2008 08:50:01 EDT Shares of recreation vehicle manufactures tumbled Monday on a report showing a drop in consumer spending and a steep increase in prices. The Commerce Department said consumer spending dipped by 0.2 percent in June, after adjusting for inflation, the poorest showing since a similar drop in February. http://www.ibtimes.com/articles/20080804/sector-snap-recreational-vehicles.htm Mon, 04 Aug 2008 12:24:28 EDT Fleetwood Enterprises Inc. said sales for the fiscal first quarter fell about 41 percent due to slowness in the economy that has hit its RV business hard, according to a preliminary report. http://www.ibtimes.com/articles/20080731/fleetwood-expects-41-percent-drop-in-1q-sales.htm Thu, 31 Jul 2008 09:27:23 EDT Shares of recreational vehicle makers declined Friday after Monaco Coach Corp. said it will shutter three factories and cut a third of its work force, citing a weak economy and lower demand for RVs. http://www.ibtimes.com/articles/20080718/sector-snap-rv-makers-decline-after-monaco-cuts.htm Fri, 18 Jul 2008 14:59:00 EDT Monaco Coach Corp. said Thursday it will close three northern Indiana factories and eliminate 1,400 jobs, or about a third of its work force, because of the slumping economy and the shrinking market for recreational vehicles. http://www.ibtimes.com/articles/20080717/monaco-coach-closing-3-rv-plants-employing-1-400.htm Thu, 17 Jul 2008 18:37:03 EDT The president and chief executive of Fleetwood Enterprises Inc., a maker of recreational vehicles and manufactured housing, bought 65,000 shares of common stock, according to a filing with the Securities and Exchange Commission on Monday. http://www.ibtimes.com/articles/20080708/fleetwood-enterprises-president-ceo-buys-shares.htm Tue, 08 Jul 2008 15:31:10 EDT An index of small-cap stocks crept slightly higher at midday, with shares of newspaper publisher A.H. Belo Corp. advancing the most and OfficeMax Inc. taking the sharpest loss. http://www.ibtimes.com/articles/20080708/s-p-smallcap-600-in-focus-ahc-omx.htm Tue, 08 Jul 2008 13:01:17 EDT The Standard & Poor's SmallCap 600 Index was nearly unchanged at midday Monday, with RV maker Fleetwood Enterprises Inc. taking the biggest hit and Tronox Inc. leading the gainers. http://www.ibtimes.com/articles/20080707/s-p-smallcap-600-in-focus-fle-trx.htm Mon, 07 Jul 2008 12:43:16 EDT Shares of Alliance One International Inc. took the steepest midday loss on the Standard & Poor's SmallCap 600 Index at midday Tuesday after the tobacco grower and processor reported its fiscal 2008 results. http://www.ibtimes.com/articles/20080701/s-p-smallcap-600-in-focus-aoi-blg.htm Tue, 01 Jul 2008 12:42:57 EDT The Standard & Poor's SmallCap 600 Index rose at midday Monday, with Robbins & Myers Inc. leading the way after the fluid processing products maker boosted its full-year guidance and reported a higher third-quarter profit. http://www.ibtimes.com/articles/20080630/s-p-smallcap-600-in-focus-rbn-shfl.htm Mon, 30 Jun 2008 12:35:30 EDT