Archive

Archive for the ‘Company News’ Category

Gary Shiffman, Chairman and Chief Executive Officer Sun Communities (SUI), Statement$, Video

April 25th, 2018 No comments

GaryShiffmanSunCommunitiesChairmanCEOCrainsManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews

Sun Communities (SUI) First Quarter of 2018 performance results are out.

 

Sun’s Gary Shiffman is talking about it.

DeerwoodCaseStudyOrlandoFLStrategicAquisitionsSunCommunitiesSUI-InvestorPage15ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

We started 2018 on a positive pace posting $1.14 in core FFO per share which is at the top end of our guidance range. All cylinders are firing on our operations front and both, our manufactured housing and high RV components driven by outperformance in our rental program and home sales net profit, as well as lower than expected interest expenses,” said Gary Shiffman, Chairman and Chief Executive Officer (CEO) of Sun Communities (SUI), per Seeking Alpha’s investor call transcript.

Same community revenue growth for the quarter was 5.7%. We did experience 6.6% same community expense growth in the quarter, the majority of which related to a one-time reserve increase for certain general liability claims and increased utility usage in the Midwest, Texas and Florida which we attribute to significantly lower temperatures for the period. Demand for the high quality lifestyles Sun delivers remains robust. For the quarter, Sun gained 616 revenue producing sites which included outperformance in RV conversions from transient to annual sites. Home sales volume rose 1.3% to 837 homes in the quarter, driven by an almost 40% increase in new home sales. The bulk of our over 100 new home sales in the quarter were in Florida, Arizona, South Carolina and Texas highlighting the diversification and increased demand throughout the portfolio,” said Shiffman.

SunQ12018BalanceSheetsManufacturedHomeCommunitiesREIT-SUI-DailyBusinessNewsMHProNewsSun – along with other REITs and portfolio operators in the manufactured home community market – have often turned to rentals in recent years.  The return of higher home sales levels is thus a positive signal for detail-minded industry observers, professionals and investors.

In the quarter, we also completed the construction of 246 expansion sites and two manufactured housing communities that will contribute to revenue growth as these sites lease up over the coming quarters. The Company remains on pace to complete construction of approximately 1,350 expansion sites in 16 communities of which 1,000 are in 12 manufactured home communities and 350 are in 4 RV Resorts by the end of 2018. On a final growth front, our ground up developments continue to progress, the construction work at our 332 site Cava Robles RV Resort is nearly complete. The resort is now accepting reservations and is scheduled to open by the end of second quarter. Construction at Carolina Pines are 840 site development at South Carolina began in the first quarter and we expect to complete approximately 470 sites by the second quarter of 2019,” Shiffman said.

The SUI supplemental package is linked here as a download.

A recent look by MHProNews at Sun Communities IR snapshots, is linked below.

Sun Communities Annual Data and Manufactured Housing Industry Investor Presentation Highlights

Shiffman’s 20th Anniversary as Public Company Video

As background color, this video of Shiffman provides some interesting context.  Listen to his facts then, and compare it to the growth in roughly the last 5 years.

Sun is shown as #1 in the latest list of manufactured home communities, for that list, click here or below.

Sun (SUI) is one of the stocks tracked by the Daily Business News evening market recap and data summary.  For last nights numbers, click here.   ## (News, analysis, and commentary.)

(Third party images are provided under fair use guidelines.)

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Clayton Homes’ “Robots” – Automation’s Role in Warren Buffett’s Berkshire Hathaway’s “Durable Competitive Advantage” in Manufactured Housing

April 24th, 2018 No comments

RobotsClaytonHomesKeithHoldbrooksPresidentClaytonBuildingGroupLogoManufacturedHousingINdustryDailyBusinessNewsMHProNews

The opportunity to change our industry’s image is tremendous today.  There’s never been a better time to change it,” says Keith Holdbrooks, President of Clayton Building Group, in a carefully crafted video, posted further below.

 

Robotics and automation are playing a role in that image and the Clayton reality, as will be revealed in this report.

In a release to the Daily Business News, Clayton identified themselves as “a national home builder and Manufactured Housing Institute’s 2017 Manufacturer of the Year…”

Besides changing the “industry’s image,” what Clayton is striving to do is carefully advancing their own image too.

As MHProNews has previously reported, Warren Buffett’s “the Moat” strategy promote the concept of a “durable competitive advantage.”  Readers can finish this column, and later circle back to the in-depth look at Buffett’s thoughts on the issue linked below, or in the Related Reports at the end. Those reveal what Kevin Clayton, the CEO of Berkshire Hathaway owned Clayton Homes, has said for years about how to get and keep a durable competitive advantage by using and expanding Buffett’s principle of “the Moat.”

Best Warren Buffett, Kevin Clayton, Clayton Homes, Berkshire Hathaway Annual Meeting, Competition, and “the Moat” Video Collection

 

Robots and Automation

The soft musical undertones in the video are part of that image crafting, for which Clayton has hired a branding team.  Clayton previously told the Daily Business News via a release that “Clayton Homes has selected Made Movement (Made) to handle strategy, digital experience design and advertising for the brand.” The “Have it Made” campaign, some observers say, promotes the Made agency, as well as Clayton.

Clayton’s recent acquisition of yet another site builder – Brohn Homes of Austin, one of Texas’ largest privately-owned homebuilders – are all part of their drive to “world domination,” as Builder put it, in two different articles.

The key to Clayton’s tech, robotics and automation-fueled offsite-site build business-model bid for world domination of lower-priced new homes,” said Builder, a statement that Clayton’s social media page endorsed by posting it.

 

“World Domination”

About five years ago, leadership called on us to do what it took to make [Berkshire Hathaway unit] Clayton a world class company,” says Rick Boyd, director of operations, working out of the enterprise’s Maryville, Tenn.-based headquarters. “We didn’t know what that was. So we had to define what that meant, and that process gave us three pillars of priority: team member experience, customer experience, and leadership.”

It is interesting to note that in their release, Clayton cited Starbucks and Google as their examples of companies to study and emulate.

Google is drawing fire for being monopolistic, if they’re not already an outright monopoly. Those are the positions governmental actions in Europe and the U.S., as well as civil litigation, are underscoring.  And although Starbuck’s has a history promoting inclusiveness, their president recently publicly apologized for racially insensitive actions at one of his stores. Sound familiar?

Starbucks, Google and Berkshire’s Clayton each arguably have their own moats, in their respective spaces.

ClaytonHomesAutomoationRoboticsLogosManufacturedHousingIndustryDailyBusinesNewsMHProNews

 

Velvet Monopoly?

While the have it made people are crafting one image, another is emerging too, across the left-right media and political divide.

That image is of Warren Buffett being portrayed by some as the creator of a new forms of ‘company stores’ and ‘company towns.’  In those Buffett towns, Berkshire is:

  • earning a few cents a day per households from the sale of Heinz ketchup – with millions of families using their products daily,
  • earns a thousand (+/-) dollars or more annually from millions of GEICO policy holders,
  • wants you to stop at Dairy Queen for Fan Food ®,
  • buy your sweet heart some See’s Candies,
  • and hopes to sell you a home – either through their real estate division, or from their growing footprint of conventional or factory-built homes.

Beneath that velvet glove image they are grooming at Clayton, is another story.  It is told by retailers like “Kevin Carroll, former owner of a Clayton-affiliated dealership in Indiana, as saying that if he steered customers to a Clayton lender, he got “a kickback” in the form of a discount on his business loans. Carroll later went out of business and sued Clayton for fraud, but the case was dismissed,” per Omaha, a Berkshire owned business.

WarrenBuffettMonopolynsiderMonkeyManufacturedHousingIndustryDailyBusinessNewsMHProNews

Warren Buffett, say critics, is building a new type of “company town.” Like the proverbial slow boiling of the frog in a pot of water, the placid pace nevertheless has an impact over time. Clayton has gone from an large also ran in 2002, prior to Buffett’s takeover in 2003, to some 50 percent of the industry by 2018. Monopoly?

It was part of a response to the controversial Seattle Times reports about Clayton, which opponents of the Clayton/Berkshire/MHI backed Preserving Access to Manufactured Housing Act used to give a black eye to the essentially the entire industry.

A competitor – a non-MHARR member, that is a MHI member builder – tells MHProNews that Clayton is poised to do even more with robotics.

Because of the new tax law, that senior executive says, Berkshire can pump more money into Clayton.   Indeed, “The Tax Cuts and Jobs Act recently signed into law by the President includes multiple provisions increasing depreciation,’ says KTLIP. And if that HUD Code builder executive is correct, putting more into automation and robotics could more rapidly be expensed.

The result?

A new kind of durable “moat” competitive advantage will be gained by Clayton over their competitors over time.  Velvet gloves, tossing sharks into the moat’s water, that’s the image that Buffett himself has arguably painted, in his own words.

 

 

Will Trump Administration Reforms Fuel More Completion?

But the new tax law and regulatory roll back will work in more than one way.

PresidentDonaldTrumpHUDSecretaryBenCarsonManufacturedHousingINdustryDailyBusinessNewsMHProNewsNew HUD Code builders are entering the manufactured housing (MH) industry in 2018, as a report from Tunica and one in April 2018 underscored.  It must be noted that in a different tax and regulatory environment, these new competitors to Buffett’s/Berkshire’s/Clayton’s dream of ‘world domination’ may not have come into existence before 2017.

If there is a change in the makeup of the House and/or Senate after the 2018 midterms, will Democrat Buffett benefit anew?  Will his hand-picked politicos once again promote heavier regulations?

As MHProNews has reported, a long time MHI member told the Daily Business News that Clayton and the other big companies have ‘figured out how to get smaller companies to pay for what they want, using the Manufactured Housing Institute.’

That too fits the use of non-profits by Berkshire and Clayton.

Berkshire’s Clayton benefits during heavy or lighter regulations.  Are they lifting the industry, as Clayton and their incentivized apologists and paid promoters say?  Or are they slowly killing off competitors, via their slow-motion, sharks-in-their-moat strategy dictates?

IBTInternationalBusinessTimesWarrenBuffettHillaryClintonDailyBusinessNewsMHProNews

Warren Buffett has said he won’t attack the president. But Buffett has surrogates. Buffett’s son has sought to undermine President Trump, as have others in the Berkshire orbit. Clayton issued a recent press release that claims to support the president’s agenda. But are Kevin, Keith, Tim Williams/21st Mortgage, or Eric Hamilton at VMF – all Berkshire brands – going to go against Buffett’s public positions?

These are questions that Trump Administration officials will have to answer as they examine concerns over monopoly that are being raised about Berkshire’s manufactured housing (MH) brands, with concerns from voices inside and outside of the MH Industry.

Independent producers, retailers, communities, lenders and others in the factory-built home industry will have to answer these questions about the growing Clayton/Berkshire moat too.

What is certain is that Clayton’s market share has been growing.  Yet, per prior reporting, their own percentage of growth in sales year over year is at a slower pace than the industry at large. Is that a kind of indirect proof that their marketing isn’t working quite as planned?  Are they a beatable monopoly?

l_a_tony_kovach__mhlivingnews__creditThere is evidence that suggests that the HUD Code manufactured home industry needs more than great videos, pretty websites, advertorials, and overly-crafted messages,” says award winning industry veteran, L.A. “Tony” Kovach. “Clayton’s videos collectively have millions of views, and they have millions of visits to their website, per sources.  Yet, the Berkshire annual letter says they only sold some 49,000 homes in 2017? There’s a clear disconnect, and that’s one more data point that the MH industry needs to sit up and take notice about.”

Kovach says the need is to get to the root issues that keep the industry from advancing. While MHI promotes Berkshire’s desires, are they ignoring – or undermining – the kind of work that has proven effective in local markets?

Are They Among the Best Advocates for Manufactured Housing and Manufactured Home Living?

As the affordable housing crisis rages, manufactured housing may top 100,000 new home shipments in 2018. When 8.3 million housing units are needed now, isn’t 100,000 homes a big yawn?  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

(Third party images are provided under fair use guidelines.)

Related Reports:

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Retailers Are Joining Forces to Build Their Own Manufactured Homes in Former Patriot Plant

April 23rd, 2018 No comments

FormerPatriotHomesPlantManufacturedHousingIndustryDailyBusinessNewsMHProNews

Four long-time veterans of the manufactured housing industry retailers have opted to join forces with a former executive with an industry giant to form a new manufactured housing builder.

 

An informed source tells MHProNews that those involved include:

  • Casey Peacock/Meghan Roller of Hench’s Homes in Sherman, 40+ year old dealership,
  • Todd McDonald of McDonald’s Homes in Jasper, 40+ year old dealership,
  • Donnie Brewer of Brewer Homes in Bossier City, 40+ year old dealership,
  • Lance Inderman of Mustang Homes in Lubbock, 40+ year old dealership
  • are partners with David Jessup on Jessup Manufactured Housing.”

Jessup, says the Waco Tribune, is a former Clayton Homes team member, who left the company to make this happen.   LinkedIn listed Jessup as a Regional Vice President for Clayton Homes.

JessupManufacturedHousingWacoTexasManufacturedHOusingIndustryDailyBusinessNewsMHProNews

The Waco City Council and the McLennan County Commissioners Court approved an $850,000 economic development grant Tuesday for Jessup Manufactured Housing LLC, a new business set to move into the former Patriot Homes building on West Loop 340,” according to the Waco Tribune.

The seven-month-old company was formed in the wake of the last hurricane season in Texas, when an already long backlog of orders from retailers and communities grew as a result of orders from the Federal Emergency Management Administration (FEMA).

DavidJessupPhotoDnMcCannTMHAFacebookDailyBusinessNewsMHProNews

Local media reports that Jessup will add $1.25 million worth of equipment to its facility and hire up to 200 full-time employees by 2020, with plans to hire 150 by the end of the year. The city and county will split the cost of the economic development grant.”

The company will build single-wide homes of less than 1,200 square feet for shipment to independent retailers in Texas, Louisiana, Oklahoma, Colorado, Arkansas and possibly Mississippi,” Jessup said, estimating that the retail price will be around $45,000 to $49,000.

A Manufactured Housing Institute (MHI) member-producer told the Daily Business News on MHProNews that the product mix in Texas has shifted, to include a higher percentage of single section homes.  “Right place, right time,” that HUD Code manufactured home builder said.There is not enough capacity to satisfy the demand…the parks are competing for that production and the oil prices are going up and needing units too. Most factories are out 3 to 5 months.”

These are really skilled positions basically building homes,” said Kris Collins to the Waco Tribune, senior vice president for economic development at the Greater Waco Chamber of Commerce. “We know that that’s an area where we have considerable depth of workforce. That makes this a really attractive place for Jessup to establish its presence.”

ManufacturedHousingShipmentsTexasManufacturedHousingAssociationDailyBusinessNewsMHProNews

They said that Jessup worked for Tennessee-based Clayton Homes, which also has plants in Waco, “for 20 years and quit to start his own operation.” They are seeking staffers with carpentry, plumbing and electrical skills, that are “willing to work.” Training is being offered by Jessup’s firm.

Our target market is first-time homebuyers who have grown tired of paying rent,” Jessup said.

The Manufactured Housing Association for Regulatory Reform (MHARR) reports that Texas has long been the top production and retailing state in the U.S. MHARRTop10ManufacturedHousingProducingstatesDailyBusinessNewsMHProNews

dj_pendleton__TexasManufacturedHousingAssociationTMHAcreditmhpronews

DJ Pendleton. Credit: MHProNews.

DJ Pendleton, Executive Director of the Texas Manufactured Housing Association (TMHA) told the Daily Business News that “Jessup is a terrific guy. Former TMHA Chairman and a friend.”

Another HUD Code MHI member-producer, commenting to MHProNews about the announcement said that other plants are being discussed, planned, or are already under construction.  Some of those have previously been reported by the Daily Business News, but the sense is that more are coming.

That second MHI member production source pointed to a development that will part of an upcoming, separate report about Clayton Homes. Stay tuned.

It’s worth noting that new manufactured home producers coming onto the scene has been taking place after the regulatory rollbacks initiated by the Trump Administration. Coincidence? ## (News, analysis, and commentary.)  (Third party images are provided under fair use guidelines.)

Related Reports:

ManufacturedHousingGoingVerticalReportDailyBusinessNewsMHProNews

http://www.mhpronews.com/blogs/daily-business-news/manufactured-housing-industry-new-hud-code-home-retailing-more-exploring-going-vertical/

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Hold Your Wallet, More Democrats Openly Embrace Socialism, Plus MH Market Updates

April 23rd, 2018 No comments

CNNmoney4.23.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe numbers and slogans are clear.  As the midterms approach, more Democrats are openly claiming the mantle of socialism.  As the economic data keeps rising, why?  That’s our focus report this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Billionaire investor: It’s time to short Facebook
  • Aluminum stocks fall as US considers easing sanctions on Russian company
  • Kate and William can afford 3 kids. Many Brits cannot
  • Why everyone is stressing about the 10-year Treasury yield
  • Analysis: A tale of two Hannitys
  • Walmart’s CEO earns 1,188 times as much as the company’s median worker
  • Netflix CEO Reed Hastings was paid $24 million last year
  • Korean Air ousts ‘nut rage’ heiress and her sister
  • Chinese tech firms under fire for sexist job ads
  • This vegetarian company wants to disrupt China’s pork industry
  • Social Security, Medicare and taxes are on the mind of Arizona’s senior voters
  • Why a 20% raise isn’t enough for Arizona teachers
  • Beyond yes or no: Judge Richard Leon’s options in the AT&T antitrust case
  • Accenture CEO: We seek total gender equality by 2025
  • China ‘welcomes’ Mnuchin’s offer to hold trade talks in Beijing
  • No retirement savings and nearly out of time? Here’s how to compensate
  • McLaren 720S: It doesn’t get any more sports car than this
  • How major companies handle and botch public relations crises
  • How major companies handle and botch public relations crises
  • How these hurricane-ravaged states have avoided a housing disaster — so far
  • Report: Sean Hannity received HUD help on multimillion dollar property deals
  • Denver’s mayor sticks up for local paper: ‘It’s important for democracy’
  • Watch President Trump repeat Fox News talking points
  • Local newspapers fear tariffs could cripple them
  • DACA students fear tuition ruling will force them to drop out of college
  • Surging oil prices rattle President Trump
  • Is MoviePass too good to be true?
  • ‘Avengers: Infinity War’ assembling for possible historic box office
  • From witness stand, AT&T chief details new $15-a-month streaming service

Selected headlines and bullets from Fox Business:

  • Alcoa stock has worst day in nine years on Russian rival’s reprieve
  • Dow slips with technology shares prior to earnings
  • Caterpillar earnings may spotlight conditions in China
  • Apple’s Shazam deal on hold as EU opens investigation
  • Harley-Davidson to give free motorcycles to summer interns
  • Amazon limits reviews of James Comey book ‘A Higher Loyalty’
  • Amazon, Netflix team up to sue rival streaming service
  • Wyoming governor hopeful pledges to draw on business experience
  • JetBlue to sell tickets for semi-private flights
  • GM Korea avoids bankruptcy with tentative wage deal
  • Sears CEO Eddie Lampert wants retailer to dump more key assets
  • Hasbro blames Toys ‘R’ Us as sales sink
  • Trump’s next $100 billion tariff dilemma: hit Walmart or Apple Store?
  • Kate, wife of UK’s Prince William, gives birth

 

Today’s markets and stocks, at the closing bell…

S&P 500 2,670.29 +0.15(+0.01%)

Dow 30 24,448.69 -14.25(-0.06%)

Nasdaq 7,128.60 -17.52(-0.25%)

Russell 2000 1,562.12 -2.00(-0.13%)

Crude Oil 68.91 +0.51(+0.75%)

Gold 1,326.10 -12.20(-0.91%)

Silver 16.60 -0.56(-3.25%)

EUR/USD 1.2207 -0.0079(-0.63%)

10-Yr Bond 2.95 +0.04(+1.27%)

 9MarketIndicatorsYahooFinance4.23.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue4.23.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

Democratic strategist Jon Summers and Deseret News opinion editor Boyd Matheson discuss why the Democratic Socialists of America group has seen a drastic increase in members since President Trump’s election,” says Fox Business’ YouTube page for this video.

Summers and Matheson seem to agree that many millennials don’t really understand what a socialist is, tragic, if true.

Matheson is the former chief of staff for Senator Mike Lee (R-UT).

The Daily Business News took an in depth look at this emerging trend in December, in the report linked below.

“Death by Government,” Fascism, Communism, Socialism, ‘Big Brother,’ per Williams, Rummel and Owens

BernieSandersMoreCandidatesRunningAsSocialistsFoxBusinessDailyBusinessNewsMHProNews

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

4.23.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

 

Legal Maneuvers Continuing in Skyline Corp, Champion Homebuilders Merger Case

April 20th, 2018 No comments

SkylineCorpChampionHomesMergerShareholderFoundationDailyBusinessNwsMHProNews

Kevin Sowers with Aplomb Capital is a Skyline stockholder, who previously told the Daily Business News that the Monteverde & Associates PC matter was a form of “ambulance chasing.”

 

Sowers has been critical of Skyline in the past, but favors this merger with Champion.  That initial report on the pending ‘class action’ is linked below.

Skyline – Champion Merger Suit, Real ‘Class Action,’ or “Ambulance Chaser” Legal Shakedown?

In the latest publicized maneuver, Michael Daniels, General Manager of the Shareholders Foundation said in a release to MHProNews that,An investigation was announced for investors, who currently hold shares of Skyline Corporation (NYSE: SKY), over the takeover of Skyline Corporation by Champion Enterprises Holdings.”

While merits of the matter will be debated by professionals, what it seems to be accomplishing is a slowdown for Champion and Skyline.

Per the Shareholders Foundation, “On January 5, 2018, Skyline Corporation (“Skyline”) (AMEX:SKY) and Champion Enterprises Holdings, LLC (“Champion”), the parent company of Champion Home Builders, Inc., today announced that they have entered into a definitive agreement for the two companies to combine their operations. Under the terms of the agreement, Champion will contribute 100% of the shares of its operating subsidiaries, Champion Home Builders, Inc. and CHB International B.V., to Skyline.”

According to their website, “The Shareholders Foundation is a portfolio monitoring service for institutional and individual investors. We offer professional portfolio, legal monitoring, and custom reporting for institutional investors including settlement claim filing services. The Shareholders Foundation also offers portfolio tools and resources at no cost to individual investors.”

However, given that Art Decio, Skyline’s largest shareholder, has already agreed to vote in favor of and fully support the transaction, the investigation concerns whether the offer is unfair to NYSE: SKY stockholders,” said their release. “More specifically, the investigation concerns whether the Skyline Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders’ best interests in connection with the proposed sale.”

Skyline Corporation reported that its Total Revenue rose from $211.77 million for the 12 months period that ended on May 31, 2016 to $236.50 million for the 12 months period that ended on May 31, 2017,” according to their release.

Skyline Corp, Champion Homebuilders Conference Call Presentation Facts, Figures, Forward-Looking Statements, Planned Merger Detail$

The firm bills itself as a “complete class action monitoring service for individual, professional, institutional investors and custodians.

The closing numbers today on Skyline’s stock is part of the market report, linked here. ## (News, analysis, and commentary.)

(Third-party images are provided under fair use guidelines.)

  1. 1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

DNC Files Suit Against Trump Campaign, Russia, and WikiLeaks, Plus MH Market Updates

April 20th, 2018 No comments

4.20.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews-2The markets have been responding as much or more to politics and transnational fears – trade, combat, threats of nukes, etc. – in 2018 than they have to actual economic, business or consumer confidence, and related  data.

After almost a year of special counsel Robert Muller’s probe of ‘Russia, Russia, Russia’ and the Trump Campaign, and about 18 months of known federal investigations that began before the election. Those have yielded – NYET – with respect to any connection betwee the president and any electoral wrongdoing. Nevertheless, the Democratic National Committee (DNC) launched a civil suit today. So, with videos from both sides of the political aisle, that will be our focus for tonight.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, beyond the 9 market summaries, below.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • GM Korea on verge of filing for bankruptcy
  • Surging oil prices rattle President Trump
  • ‘Avengers: Infinity War’ assembling for possible historic box office
  • Why a 20% raise isn’t enough for Arizona teachers
  • Quest: Starbucks is an example of crisis response done right
  • From witness stand, AT&T chief details new $15-a-month streaming service
  • Every Bon-Ton department store is closing
  • China trash ban is a global recycling wake up call
  • China refuses to recycle more of the world’s trash
  • Apple sinks on fears of slowing iPhone sales
  • Self-driving cars. Scooters. The future of commuting to work is here
  • Can $1 billion help low-income Americans find jobs?
  • Wells Fargo fined $1 billion for insurance and mortgage abuses
  • SunTrust employee may have tried to steal data from 1.5 million customers
  • Comey writes in memo he laughed after Trump floated the idea of jailing journalists
  • Top auto boss: Global carmakers unlikely to go it alone in China
  • China’s ZTE fires back over US ban: ‘We cannot accept it’
  • YouTube ran ads from hundreds of brands on extremist channels
  • Watch this robot put together an IKEA chair
  • Takeda sweetens $60 billion Shire pitch as rival bows out
  • How fruit juice got boxed out of the health craze

Selected headlines and bullets from Fox Business:

  • Mueller team said to be amused as Giuliani pledges to end Russia probe
  • Stocks close lower as Apple sell-off hits Dow
  • Wells Fargo slapped with $1B fine for lending abuses
  • Sorghum ships change course mid-trip after China tariffs
  • Presidential tweet dents rally in crude oil prices
  • Mickey Mantle rookie card fetches near-record $2.88M at auction
  • Former NFL offensive lineman Evan Mathis reaps windfall.
  • Southwest plane accident engine maker issuing new inspection guidelines
  • As Wells Fargo fined $1B, Mulvaney says ‘I have too much authority’
  • SEC advances new broker standards: What you need to know
  • IMF’s Lagarde says global trade marked by lack of trust
  • Criminals using Facebook to sell stolen credit cards, personal information: The Times
  • Oil demand, OPEC create ‘perfect recipe’ for higher prices: Fmr. Shell Oil president
  • Food stamp work requirement in bill is common sense: House Republican
  • Kushner Cos. subpoenaed over rent-control paperwork
  • SunTrust reports data of 1.5M customers possibly stolen by ex-worker

 

Today’s markets and stocks, at the closing bell…

S&P 500 2,670.14 -22.99(-0.85%)

Dow 30 24,462.94 -201.95(-0.82%)

Nasdaq 7,146.13 -91.93(-1.27%)

Russell 2000 1,564.12 -9.69(-0.62%)

Crude Oil 68.26 -0.03(-0.04%)

Gold 1,337.60 -11.20(-0.83%)

Silver 17.11 -0.12(-0.72%)

EUR/USD 1.23 -0.01(-0.50%)

10-Yr Bond 2.95 +0.04(+1.27%)

 9MarketIndicatorsYahooFinance4.20.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue4.20.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

Before we get into what the talk-heads on each side of the left-right media divide have to say, let’s make the Daily Business News perspective simple.  This DNC move can be about one or more of the following: fund-raising, energizing their base, distraction, a way to depose people (if this Democratic case isn’t squashed by a judge), and may be a tacit admission that the Mueller probe has yielded nothing to date.

Bottom line, strategy and tactics. That said, Fox Business, CNBC and Cavuto videos follow with their unique takes on what this means.

Rep. Steve King (R-Iowa) on the Democratic National Committee’s lawsuit against the Russian government, WikiLeaks and the Trump campaign.

CNBC

Cavuto DNC Suit

Fox News Senior Judicial Analyst Judge Andrew Napolitano on the DNC lawsuit over the 2016 presidential race and reports former FBI Deputy Director Andrew McCabe is considering suing the Trump administration for defamation.

DNCSuesTrumpCampaignWikileaksRussiaOver2016electionDailyBusinessNewsMHProNews

Still from Fox Business video, posted above.

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

4.20.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to some industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

U.S. Housing Trends and Manufactured Housing, Investor Data

April 19th, 2018 No comments

USHousingTrendsandManufacturedHousingInvestorDataUMHDailyBusinessNewsMHProNews

Publicly traded companies often prepare graphically rich, and insight laden information in their investor relations (IR) presentations.

 

This snapshot here is from UMH Properties (UMH) latest IR presentation.

FavorableUSHousingTrendsManufacturedHomeDailyBusinessNewsMHProNews

UMH is one of the largest community operators in the U.S. They are identified as a Real Estate Investment Trust (REIT) in the manufactured home community (MHC) space.

UMHPropertiesManufacturedHomeCommunityInvestorPresentationManufacturedHousingIndustryDailyBusinessNewsMHProNEws

UMH also operate some retail centers, which their president Sam Landy, JD, mentions as underperforming in video interviews conducted last year. Those videos with their CEO are linked below.

UMHPropertiesCompanyGrowthChartManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesBalanceSheetMetricsChartManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsTheir latest presentation presents some information that is intended to highlight the opportunities and appeal of manufactured homes in the current economic and housing climate.

UMHPropertiesPorfolioGrowthChartManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesPaceofAquisitionsManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNews

 

UMH’s presentation naturally provides reasons why they believe that they’re particularly well suited for an investor to consider.

UMHPropertiesFinancialHighlightsManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesSalesFinanceManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNews

It should be noted, as a disclosure, that the Daily Business News’ parent company and owners hold no stock in any manufactured home operation.

UMHPropertiesLoanPortfolioManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesSamePropertyNetOperatingIncomeManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNews

There is steady growth in recovery of the industry, as the charts below reflects.

2008to2017HUDCodeManufacturedHomeProductionTotalsMHARRManufacturedHousingAssocReglatoryReformDailyBusinessNewsMHProNews

ManufacturedHousingIndustryShipmentsFEMAManufacturedHomesNotMobileHomesTrailersIndustryResearchReportsDataMHProNews

Credits, MHI, Cavco.

But the realities about manufactured housing indeed should reveal reasons why the industry ought to be roaring.

“Trailer House Trauma,” Fresh Look at Manufactured Housing’s Opportunities

UMHPropertiesValueAddedAquistionsManufacturedHomeCommunitiesIndustryInvestorRelationsDataDailyBusinessNewsMHProNewsUMHPropertiesstreetViewManufacturedHousingINdustryDailyBusinessNewsMHProNEws

RVs are outselling manufactured homes by some 5 to 1. Yet, even the lowest cost towable RVs are costlier per square foot than a typical manufactured home.  RVs are a luxury item for most, while manufactured homes are a permanent housing option.

Manufactured Housing – Regulatory, Other Roadblocks and Potential Solutions, Up for Growth Research, plus Urban Institute Report Revisited

The new 2018 Up for Growth study reveals just a great the need is for new homes. For more on that, and the realities of why manufactured housing has not yet robustly tapped those new home sales opportunities, click the related report, linked above. ## (News, analysis, and commentary.)

(Third party images are provided under fair use guidelines.)

Related Reports:

Sun Communities Annual Data and Manufactured Housing Industry Investor Presentation Highlights

Investors’ View of Manufactured Housing Industry Production & Retail – Cavco Industries (CVCO)

  1. To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Economic Confidence, But Concerns About Housing Signals, Plus MH Market Updates

April 19th, 2018 No comments

CNNmoney4.19.2018ManufacturedHomeStocksMarketsReportsMHProNewsWall Street Journal (WSJ) Global Economics Editor Jon Hilsenrath is featured in today’s video on what’s behind rising bond yields, thoughts on economic confidence, and observations about the housing market.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Will GE uncover more ‘skeletons’?
  • Amazon and Jeff Bezos are on top of the world
  • Ex-Cambridge Analytica exec: We had access to Breitbart data
  • Crypto company’s stock plunges on SEC probe
  • Karl Marx €0 bills are red hot
  • Men say they were arrested within minutes after arriving at Starbucks
  • Fed official: It’s too early to ease post-crisis rules on US banks
  • The next mega merger could be a $60 billion drug deal
  • China is holding up a $44 billion US tech deal
  • Most investors think 2018 is the peak year for stocks
  • When student loan forgiveness plans might not be worth it
  • 5 ways to afford your first home
  • Watch this robot assemble an IKEA chair in minutes
  • Meet the robot who can put together an IKEA chair
  • Tory Burch: ‘Businesses can do well by doing good’
  • Tesla is being investigated for workplace safety
  • Bed Bath & Beyond is in serious trouble
  • Big banks are minting money right now
  • ‘A new era’: Wynn Resorts appoints 3 women to its board
  • How companies silence women at work
  • Senate moves to repeal Obama-era car loan rule
  • Saudi Arabia ends its movie theater ban with ‘Black Panther’
  • Starbucks has a bold plan to address racial bias. Will it work?

Selected headlines and bullets from Fox Business:

  • Dow pares drop on report Trump not part of Russia probe
  • Oil near late-2014 highs as Saudi backs higher prices
  • Surging gas prices unlikely to dent SUV boom
  • Global debt surges to record high, IMF says
  • Tax Day 2019: Why you should start prepping now
  • Puerto Rico can’t afford infrastructure fix: economist
  • ‘Fearless Girl’ to find new Wall Street home near NYSE
  • Trump-Amazon feud unrelated to postal audit: Mnuchin
  • Wynn Resorts adds 3 female directors to board amid sexual assault claims
  • Former Apple publicist: Kiss your privacy goodbye
  • Nike’s executive exodus continues
  • Bed Bath & Beyond nears junk status as competitive position erodes: S&P
  • Finland dropping universal basic income test program: Report
  • Best and worst stocks to buy right now

 

Today’s markets and stocks, at the closing bell…

S&P 500 2,693.13 -15.51(-0.57%)

Dow 30 24,664.89 -83.18(-0.34%)

Nasdaq 7,238.06-57.18(-0.78%)

Russell 2000 1,573.81 -9.75(-0.62%)

Crude Oil 68.21 -0.26(-0.38%)

Gold 1,348.10 -5.40(-0.40%)

Silver 17.26 +0.01(+0.07%)

EUR/USD 1.235 -0.0028(-0.22%)

10-Yr Bond 2.91 +0.05(+1.64%)

 9MarketIndicatorsYahooFinance4.19.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

The WSJ’s Global Economics Editor Jon Hilsenrath discusses the tension between the rising bond rates, movement in oil, and concerns over what rates will do to the housing market.

 

JonHilsenrathWSJEconomicEditorDailyBusinessNewsMHProNewsBloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

4.19.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

“No Nails, No Glue,” Architect Creates ‘IMBY’ Flat Pack PreFab

April 18th, 2018 No comments

NoNailsNoGlueArchitectCreatesIMBYInMyBackYardFlatPackPreFabDailyBusinessNewsManufacturedModularPreFabHousingMHProNews

An architect in Sydney, Australia has created what’s billed as an easy-to-assemble “IMBY” – “In My Back Yard” – prefabricated plywood kit home.

 

It’s delivered flat-packed and ready to put together by owners or occupants, says inventor Adriano Pupilli to Domain. And you don’t even need an IKEA Allen key,” says its inventor Adriano Pupilli,

NoNailsNoGlueArchitectCreatesIMBYInMyBackYardFlatPackPreFabDomainDailyBusinessNewsManufacturedModularPreFabExteiriorHousingMHProNews

Pupilli leads a team of architects who’ve drawn their fair share of positive media.  Domain is just the latest to spotlight his firm’s work.

AdrianoPupilliArchitectsTeamPhotosManufacturedModularPrefabHousingIndustryDailyBusinessNewsMHProNews

There’s no nails or glue [needed] either,” said Pupilli, “it’s just wedges that lock into each other in a Japanese-style of joinery, and you then just tap them in with a wooden mallet. You can then add extras or take them away, according to how much, or the kind of space you need.”

ShellShedIMBYAADomainFlatPackedPrefabManufacturedHousingIndustryDailyBuisnessNewsMHProNews

The report says the models kits “start at $9800 for a studio, $15,400 for a sleepout, $22,800 for a guest pavilion and $27,600 for a full bach, or basic holiday home.”

According to their website, “Adriano Pupilli Architects is a Sydney-based practice with a passion for thoughtful architecture…”

JewelleryBoxStuidioSelectedFinalistTimberDesignAwardAAAnrianoPupilliArchitectsDailyBusinessNewsMHProNews

What the flat packed units don’t seem to include are the fixtures and finish needed to make walls, floors and a ceiling from a box into a livable home.  Quoting, “People looking for that flexibility also provide planning authorities with the opportunity to consider the approvals required, and the necessary zonings.

That’s because enormous confusion exists around whether such structures need planning permission. As long as they’re smaller than 20 square metres in area, under three metres in height, and are called a shed, then they probably won’t, says Mr Pupillo, director of the Manly-based Adriano Pupillo Architects.”

Domain says the “invention has been welcomed by housing affordability expert Adrian Pisarski, executive officer of National Shelter. “I think it’s helpful for a range of people to extend family living, or allowing teenagers to have some separate space.”

In Australia as in the U.S., they have their version of manufactured homes.

Unfortunately, there and here, there is a dose of stigma attached to the manufactured home type of factory built homes.

While these “IMBY”  units may be lower in cost once completed than hiring a contractor, it will likely be quite a bit higher per square foot than a manufactured home.  Here in the U.S., as industry professionals know, manufactured homes are rapidly made move-in ready.

As the Daily Business News reported last year, it seems that there is a search by housing hunters at home and abroad for a single section manufactured home alternative.

Are Americans Hunting for the Single Sectional Manufactured Home Alternative?

Put differently, it’s a reminder that manufactured home industry companies and professionals need to address the image issue at the local market level. “We Provide, You Decide.”  © ## (News, analysis, and commentary.)

Related Reports:

Survey Top 2017 PreFab, Modular, Tiny and 3D Printed Housing News Stories

Yurts – Americans Hunt for an Affordable, Single-Sectional Manufactured Home Alternative

“Silver Bullet,” Manufactured Housing’s Monday Morning Sales Meeting

  1. To sign up in seconds for our industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Resources

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Stocks Rally on Economic, Earnings, and Geo-Political News – Plus MH Market Updates

April 16th, 2018 No comments

CNNmoney4.16.2018ManufacturedHomeStocksMarketsReportsMHProNewsU.S. markets rallied Monday as strong corporate earnings helped investors brush off geopolitical concerns, and the Dow rose by triple digits. That data will be our stock market focus report for this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • How Russian retaliation could hurt America
  • T-Mobile fined $40 million for “false rings”
  • Allegiant Air can ride out safety questions raised by ’60 Minutes’ report
  • Every top New York Times best-seller this year has been about Trump
  • New Yorker and New York Times win 2018 Pulitzer for Harvey Weinstein reporting
  • Black men arrested at Philadelphia Starbucks agree to meet with CEO
  • See the arrest that spurred Starbucks protests
  • Domino’s will deliver pizza to the beach
  • Clash of the Titans: Adidas and Nike continue to battle it out
  • Trump names two more picks to fill Fed Board
  • Trump contradicts own Treasury Department with China currency tweet
  • Britain’s biggest carmaker cuts 1,000 jobs
  • Battle over sales taxes on online purchases heads to Supreme Court
  • India’s Ola wants to put a million electric vehicles on the road
  • CEO of $20 million startup could lose his visa and his business
  • Getting fired was the best thing that happened to this billionaire
  • CEO of world’s biggest ad agency steps down
  • NYC will require sexual harassment training for workers

Selected headlines and bullets from Fox Business:

  • Dow posts triple-digit gains on earnings optimism
  • Netflix stock rallies as 7.4M subscribers added
  • Trump Fed nods: Pimco exec, bank commissioner
  • Comey trying to sell books, not save America: Conway
  • IRS asks for extra cash: Are Americans more at risk of being audited?
  • Amazon hits pause on plan to sell drugs as challenges mount
  • Treasury spokesman fires back at Pelosi: This is what economic growth is
  • T-Mobile to pay $40M after false ring tones, rural call glitches
  • Home Depot co-founder: Profits are not the only measure of success
  • SoftBank may bid for Tronc newspaper chain
  • Allegiant Air under fire after ’60 Minutes’ safety report
  • Steve Ballmer: Government lacks courage to balance budget
  • Trump backs state bid to tax online sales as case reaches Supreme Court
  • Starbucks CEO meeting 2 men arrested in Philadelphia store

 

Today’s markets and stocks, at the closing bell…

S&P 500 2,677.84+21.54(+0.81%)

Dow 30 24,573.04 +212.90(+0.87%)

Nasdaq 7,156.28 +49.63(+0.70%)

Russell 2000 1,563.03 +13.52(+0.87%)

Crude Oil 66.30 -1.09(-1.62%)

Gold 1,348.70 +0.80(+0.06%)

Silver 16.67 +0.01(+0.04%)

EUR/USD 1.2379 +0.005(+0.41%)

10-Yr Bond 2.83 +0.00(+0.11%)

 9MarketIndicatorsYahooFinance4.16.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue4.16.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

Daily ticker MHCV was unavailable at the time this graphic was captured, but the MHCV at the close today is as shown above.

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

Wall Street is coming off a positive week, during which forecasts for a robust earnings season overshadowed lingering uncertainty over U.S. trade,” reported right-of-center Fox Business.

Analysts believe companies in the S&P 500 will report the best earnings growth in six years. Companies that have reported first-quarter earnings so far have said tax cuts and strength in the U.S. economy have fueled profits,” per a report this evening.

 

Economic data released Monday included retail sales, which increased by 0.6% in March, snapping four months of declines. The Empire State Manufacturing Survey, which monitors manufacturing in New York state, was also released on Monday, and the April reading came in at 15.8 versus the prior 12.5,” they said.

This morning’s video interview on RLJ Companies founder, Robert Johnson, has related data and insights that compliment the two videos, and data above.

PresidentTrumpFLEconomicNewsFoxBusinessManufacturedHousingIndustryDailyBusinessNewsMHProNews

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

4.16.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.