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Most RV Stocks Closed Lower Monday

Investors continued on Monday expressing their displeasure with the refusal by Coachmen Industries Inc. to agree to a merger with Thor Industries Inc. Coachmen stock declined 1 1/8, or almost 8%, on Monday to close at 13 5/8. A relatively high 146,000 Coachmen shares...

RV Stocks: Coachmen, Thor Post Losses

Investors in the RV market seemed to have voted against Coachmen’s rejection of Thor’s bid for a buyout of the Elkhart, Ind.-based RV maker, as both companies posted losses on Friday. Coachmen’s stock price declined one point, or 6.3%, posting a closing price of 14...

SMC President Buys More SMC Shares

SMC Corp. President and COO Michael Jacque bought 128,000 shares of SMC stock for $4 to $4.25 a share between April 14 and April 29, according to the insiderSCORES.com news service. The recent purchase lifts Jacque’s investment in SMC up to around 322,000 shares. SMC...

RV Wholesale Shipments Higher in March

Shipments of recreational vehicles from manufacturers to dealers increased 5.3% during March, according to the Recreation Vehicle Industry Association (RVIA). During the first quarter of this year, wholesale shipments were up 9.5%, according to the RVIA, the trade...

Coachmen Meeting Results Inconclusive

Coachmen Industries Inc. Chairman Claire Skinner believes her management team was victorious Thursday, but a Thor Industries Inc. executive said the takeover situation will remain "status quo" at least until next week. Although the counting of Coachmen shareholder...

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