International Business News - WGO 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 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 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 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 Shares of recreational vehicle maker Winnebago Industries Inc. rallied on Tuesday following a steep drop the day before, as oil prices declined and the broader market rallied. http://www.ibtimes.com/articles/20080729/last-call-winnebago-rallies-after-steep-decline.htm Tue, 29 Jul 2008 15:56:34 EDT The business environment for recreational vehicle makers, already weakened by a sluggish economy and high gas prices, is likely get worse before it gets better, an analyst said Monday. http://www.ibtimes.com/articles/20080728/ahead-of-the-bell-analyst-bearish-on-rv-makers.htm Mon, 28 Jul 2008 08:18:45 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 Shares of recreational vehicle manufacturers fell Wednesday after an analyst lowered price targets for several of the companies, and cut already pessimistic estimates, citing "brutal" conditions for the industry. http://www.ibtimes.com/articles/20080709/sector-wrap-rv-makers-fall-on-bearish-comments.htm Wed, 09 Jul 2008 16:38:48 EDT Motor-home maker Winnebago Industries Inc. said Friday it named Robert M. Chiusano to its board, effective Oct. 1. Chiusano will complete the unexpired term of John E. Herlitz, who died March 23. http://www.ibtimes.com/articles/20080627/winnebago-names-new-board-member.htm Fri, 27 Jun 2008 16:47:12 EDT Shares of Monaco Coach Corp. hit 12-year low on Wednesday as the high cost of oil and the weak economy continues to take a toll on recreational vehicle makers. http://www.ibtimes.com/articles/20080625/monaco-coach-shares-tumble-to-12-year-low.htm Wed, 25 Jun 2008 16:42:08 EDT Among the stock activity stories for Monday, June 23, from AP Financial News: NEW YORK (AP)--Winnebago Industries Inc. shares dropped for a second day on Monday after the motor-home maker reported a sharply lower profit because of weakening demand and analysts reduced their expectations for the rest of the year. http://www.ibtimes.com/articles/20080623/movers-roundup-winnebago-national-oilwell-varco.htm Mon, 23 Jun 2008 14:50:18 EDT Winnebago Industries Inc. shares dropped for a second day on Monday after the motor-home maker reported a sharply lower profit because of weakening demand and analysts reduced their expectations for the rest of the year. http://www.ibtimes.com/articles/20080623/winnebago-shares-drop-for-2nd-day-on-3q-results.htm Mon, 23 Jun 2008 13:13:59 EDT Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080620/merrill-lynch-mbia-ford-among-big-movers.htm Fri, 20 Jun 2008 16:57:54 EDT Shares of Fleetwood Enterprises Inc. tumbled to a new 52-week low Friday, after the maker of recreational vehicles and manufactured homes priced a public stock offering at a discount and fellow RV maker Winnebago Industries Inc. reported a 73 percent drop in third-quarter profit on high gas prices and weak economic conditions. http://www.ibtimes.com/articles/20080620/fleetwood-falls-on-stock-offer-winnebago-results.htm Fri, 20 Jun 2008 12:30:35 EDT Shares of Winnebago Industries Inc. touched a new low Friday morning as the motor home maker's fiscal third-quarter profit tumbled 73 percent and sales missed Wall Street expectations. http://www.ibtimes.com/articles/20080620/out-of-the-gate-winnebago-shares-plummet.htm Fri, 20 Jun 2008 10:21:12 EDT Winnebago Industries Inc. said Friday its third quarter profit skidded 73 percent as high gas prices, tighter credit and a soft economy drive motor homes sales lower industrywide. http://www.ibtimes.com/data/articleimgs/76084-earns-winnebago.jpg http://www.ibtimes.com/articles/20080620/winnebago-profits-skids-73-pct-in-3q.htm http://www.ibtimes.com/articles/20080620/winnebago-profits-skids-73-pct-in-3q.htm Fri, 20 Jun 2008 16:24:15 EDT Motor home maker Winnebago is scheduled to report quarterly results on Friday, and has struggled with lower demand for its mobile homes due to rising fuel prices, a tough lending environment and low consumer confidence. http://www.ibtimes.com/articles/20080619/on-the-watch-winnebago-to-post-quarterly-results.htm Thu, 19 Jun 2008 17:45:49 EDT