HVACR BUSINESS Market Watch
MARKETWATCH

The monthly MarketWatch Sneak Preview delivers the HVACR Business Stock Index to your email before it's published in the magazine, along with the latest AHRI Shipping Data — and best of all, it's FREE! We respect your time and your email inbox, however, so unless you OPT IN, this trial will expire after three issues. You can keep this valuable information coming your way with a single click. Thank you for being a valued reader, and please enjoy your trial issues of MarketWatch.

Terry Tanker, publisher of HVACR Business

armstrong air
ArdentFund

Markets Inch Ahead in Lackluster Session

Wall Street ended a session of waffling with a creep forwards, with the S&P 500 Index ending in record territory as our trading session ended May 15, 2015.


Market listlessness was reflected in the HVACR Business Stock Index, with the index falling 27.10 points, or 2.03 percent, and closing at 1309.10.


Commerce Department showed that the economy slowed to a near halt in the first quarter, growing at an annual rate of 0.2 percent, with weather, a slow-down in oil and gas drilling and tumbling exports pressuring advancement.


SPX Corp swung to a loss on the stronger dollar, and shares fell 8.99 points, or 10.48 percent. SPW lost $7.1 million, or $0.17 per share, compared to net income of $318 million, or 6.59 per share last year.


Manitowoc slid 2.83 points, or 12.61 percent even though the company narrowed its loss and met earnings expectations for its first quarter.


For the year-to-date, U.S. shipments of residential gas storage water heaters increased 10.0 percent, to 1,278,975, compared to 1,162,979 units shipped during the same period in 2014.


Year-to-date combined shipments of central air conditioners and air-source heat pumps increased 16.0 percent, to 1,631,420 units, up from 1,406,017 units shipped in March 2014.


Stock Index
June 2015

AAON 1.42
ABB 0.13
ARG 2.44
AOS 4.05
FIX 1.23
DOV 1.96
ELON   0.00
DD 1.85
EME 1.70
EMR 1.03
FCAU 1.04
F 0.59
GM 2.03
HON 3.06
HDSN 0.19
IR 1.72
JCI 0.48
LII 0.48
LXU 0.95
MTW 2.83
MLI 0.96
NWL 0.45
NSANY 0.56
NTK 5.16
OFLX 4.45
PH 1.17
RBC 2.20
ROK 10.23
SIEGY 0.14
SPW 8.99
TXN 2.89
UTX 0.62
WSO 1.64

view latest stock index

AHRI SHIPPING
facebook linkedin twitter

HVACR Business Magazine
24651 Center Ridge Road
Suite 425
Westlake, OH 44145
Ph: 440-471-7810
Fax: 440-471-7943

 
This email was sent by: %%Member_Busname%%
%%Member_Addr%% %%Member_City%%, %%Member_State%%, %%Member_PostalCode%%, %%Member_Country%%