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Posts Tagged ‘ELS’

Warren Buffett’s Berkshire Hathaway reloads Apple, Goldman Sachs, Plus MH Market Updates

August 14th, 2018 No comments

CNNmoney8.14.2018ManufacturedHomeStocksMarketsReportsMHProNewsWarren Buffett’s Berkshire Hathaway owns Clayton Homes and numerous other HUD Code manufactured home industry-connected operations. But its reach is so vast, that in direct and indirect ways, it can influence the manufactured housing industry.  With that backdrop, the latest moves by Berkshire Hathaway are posted below.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Consumers spent big at Home Depot
  • Tesla: Should you buy, sell or short?
  • Google parent company invests $375 million in Oscar Health
  • Royal Bank of Scotland will pay record fine for crisis-era misconduct
  • Tinder co-founders sue app’s owners, claiming they’re owed $2 billion
  • Tinder co-founder: ‘They lied about the financial performance’
  • Tesla: Not clear yet whether Elon Musk’s plan to go private makes sense
  • The threat Turkey’s crisis poses to the world
  • Uber hires chief security officer to help earn back user trust
  • Elon Musk says he’s working with Goldman Sachs and Silver Lake to take Tesla private
  • FBI warns banks about potential ATM hacking scheme
  • How America’s foreclosure capital came back from the dead
  • South Korea is banning thousands of BMWs after engine fires
  • Coca Cola is fighting Gatorade by investing in BodyArmor
  • Analysis: Facebook doesn’t have an obligation to support journalism
  • Southwest will only allow cats and dogs as emotional support animals
  • Carl Icahn abandons effort to kill Cigna’s Express Scripts deal
  • China’s ‘Tesla-fighter’ plans to go public in New York
  • Look out Apple! Another company nears $1 trillion
  • Corporate America is raking in fat profits. Will it last?
  • What happens next in Turkey? It probably won’t be good
  • 4 things you can do to be recession-ready
  • Lee and Wrangler jeans get the boot as VF Corp moves to Denver
  • RELIABLE SOURCES
  • Three theories why Omarosa’s book is not a #1 best seller
  • Could she become Wall Street’s first female bank CEO?
  • Cinemark’s Movie Club is the anti-MoviePass
  • Drones and bluetooth sneakers: What’s with all the pizza gimmicks?
  • Papa John’s is helping out franchisees hurting from the PR crisis
  • The big business of Frankenfoods
  • How an iced tea company became a marketing phenomenon
  • White anxiety finds a home at Fox News

Select Bullets from Fox Business

 

  • Tesla chief Elon Musk imploding?
  • US stocks rising, Dow posts triple-digit gain
  • FBI warns of impending ATM hack
  • Tinder co-founders sue parent company for $2 billion
  • Berkshire boosts Goldman stake, confirms Apple purchase
  • This team just unseated Michigan for college football’s top-selling ticket
  • Boston-area mayor boycotts Sam Adams after founder praises Trump
  • McDonald’s details $6 billion US restaurant modernization
  • Lockheed Martin, Air Force reach deal on $480M hypersonic weapons contract
  • Toxic red tide butchers Florida tourism and wildlife
  • These are the best and worst states for middle-class Americans
  • Florida algae hurting business
  • Americans will pay for ‘08 financial crisis with ‘lifetime income loss’
  • NFL anthem protests: Florida police union offers olive branch to players
  • Blue light from phones, tablets can impair your vision, study finds
  • Harley-Davidson overseas move was years in the making: Bikers for Trump
  • China feeling the brunt of trade war
  • Has big tech become untouchable?
  • Kroger grocery unit bans Visa credit cards
  • Trump hopes economy will help drive ‘red wave’ in midterms
  • The economy is moving forward very swiftly: Rep. Faso
  • NY Senate candidate will push to make rent tax deductible if wins
  • Small business optimism at 35-year high
  • From sales rep to salad vending machine tycoon

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

9MarketIndicatorsYahooFinance8.14.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue8.14.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 – 

WarrenBuffettLoadsUpAppleGoldmanSachDailyBusinessNewsMHproNEws

Per CNBC today:

  • Berkshire Hathaway loaded up on Apple, Delta, Southwest and Goldman in the second quarter.
  • In May, Buffett told CNBC that Berkshire had added 75 million shares of Apple and exited its stake in IBM in the first quarter.

 

Warren Buffett’s Berkshire Hathaway increased its stake in Apple by 5 percent, according to a regulatory filing Tuesday that discloses positions through the end of the second quarter.

Berkshire also upped its holdings of Goldman Sachs by 21 percent, Delta by 18.8 percent and Southwest by 18.7 percent, the filing said, and it added another 6.7 percent to its Teva stake, which it had doubled in the first quarter of this year. Buffett’s conglomerate has been steadily building its Apple stake for two years to become its second-biggest shareholder.”

Related Report:

Kevin Clayton, Leslie Gooch Sound-off; Left & Right Agree? Manufactured Homeland, MHI, & You

 

 

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).

8.14.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNewsBerkshire 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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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

“We Shouldn’t Fear Our Government,” Feds Pay Out Millions in Case, Plus MH Market Updates

August 13th, 2018 No comments

CNNmoney8.13.2018ManufacturedHomeStocksMarketsReportsMHProNewsWe Shouldn’t Fear Our Government,” said True the Vote’s Catherine Engelbrecht in a video in our featured report this evening. The IRS targeting scandal of conservative groups during the Obama Administration may not seem to have anything to do with the markets, or manufactured housing, does it? The recent settlement of the scandal will be our market focus 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 report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Corporate America is raking in fat profits. Will it last?
  • Look out Apple! Amazon may soon be worth $1 trillion too
  • What happens next in Turkey? It probably won’t be good
  • Turkish lira plummets again, hits record low
  • Drones and bluetooth sneakers: What’s with all the pizza gimmicks?
  • Lee and Wrangler jeans get the boot as VF Corp moves to Denver
  • Russia plans to sell more US debt in response to sanctions
  • Turkey’s currency crisis rages on as lira sinks again
  • Could she become the first female bank CEO on Wall Street?
  • They, them, theirs? The push for going gender-neutral in the workplace
  • ‘Women are devalued and demeaned’ at Nike, two ex-employees say in lawsuit
  • Cinemark’s Movie Club is the anti-MoviePass
  • Some businesses want to change the law that saved grizzly bears and gray wolves
  • Twitter admits InfoWars violated rules, but says it will remain on platform
  • NYC Mayor Bill de Blasio blasts Rupert Murdoch and Fox News
  • More than 100 newspapers will publish editorials decrying Trump’s anti-press rhetoric
  • At WeWork summer camp, there’s no meat, plastic straws or bottled water
  • Boeing, America’s biggest exporter, weighs in on tariffs
  • A rare tour of Boeing’s gigantic jet factory
  • What it takes to make the Boeing Dreamliner
  • 5 signs you were meant to work for yourself
  • Summers off? Yes, please! This company lets you pick your own perks
  • How to get a non-tech job in tech
  • Ryanair cancels 400 flights as pilots strike in 5 countries
  • Amazon has a new way to keep sites from crashing
  • Facebook bars users from sharing blueprints for 3D-printed guns
  • What Android Pie means for the future of smartphones
  • You don’t have to be a billionaire to invest in startups
  • White anxiety finds a home at Fox News
  • Samsung’s Galaxy Note 9: All-day battery life and Fortnite
  • Samsung is late to the smart speaker game. Here’s how it could catch up
  • Should I get a fixed- or adjustable-rate mortgage?
  • Deepfakes are coming. Is Big Tech ready?

Select Bullets from Fox Business

 

  • US putting ‘final details’ into Mexico trade deal, Trump economic adviser says
  • US stocks lower as investors eye developments in Turkey
  • Best case, worst case for markets: Here’s how it could play out
  • Why older Americans are the new face of student loan debt
  • China unloads US soybean cargo amid public worries about cost of trade war
  • Roundup’s $289M cancer verdict opens up floodgates for thousands of other lawsuits
  • California solar panel mandate an absolute con job: Republican Party chairman
  • Meet the small-town attorney that took Monsanto for $298M
  • ‘Tiger Effect’ boosts TV ratings at PGA Championship
  • Wrangler, Lee jeans to form new company as VF Corp plans spinoff
  • Young Americans expect to retire by 60 even as debt levels pile up
  • Millennials will be eligible to claim their full Social Security benefits at age 67.
  • Tesla CEO Musk says Saudi fund wants to take company private
  • Trump supports Harley-Davidson’s long-term viability: Sean Spicer
  • Economist: Eat endangered species to save them
  • States where $300K can buy you the biggest home
  • One reason wages aren’t rising faster
  • Jury awards $289M to man who blames Roundup for cancer
  • The 10 hottest SUVs of the summer
  • Home prices soar in these cities, states
  • NY Senate candidate will push to make rent tax deductible if wins
  • Every time we cut the capital gains tax it’s a tremendous advantage: Norquist
  • Trump administration tax on capital gains tax
  • Meet the small-town attorney that took Monsanto for $298M
  • Small business owners favor more China tariffs: Survey
  • Pricing power is king and business owners want more of it.

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

9MarketIndicatorsYahooFinance8.13.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

CatherineEngelebrechtFoxDailyBusinessNewsMHproNews

 

The Washington Post, and Accounting Today reported last April the plan to settle the IRS targeting scandal case.  That settlement deal was inked on August 10th, although not all are happy with it.

To flash back to 2016, “We Shouldn’t Fear Our Government,” said True the Vote’s Catherine Engelbrecht.

TrueTheVoteWikipediaDailyBusinessNEwsMHProNEws

Will this court ruling energize conservative groups?

Will these groups stay engaged in the 2018 contest, which is less than 3 months away?

 

 

A judge…approved a settlement between the IRS and hundreds of tea party groups, in which the federal agency agreed to pay out $3.5 million, reports the Chattanooga Free Times, and Fox News.

It shows that when a government agency desires to target citizens based on their viewpoints, a price will be paid,” said Edward Greim, a lawyer who led the class-action case in federal court in Cincinnati, according to the Washington Times.


An award-winning manufactured housing professional, Dick Moore, told MHProNews that he was targeted by the IRS for his political views, which is one of several reasons for spotlighting this topic tonight.

But another reason is the broader question, what will happen if the GOP loses the House in November?

 

Skirts vs. Coat-Tails for Biz and Investors? Plus Manufactured Housing Market Updates

 

The tea party groups received a “sincere apology” from the IRS, and the government agreed to a declaratory judgment that “it is wrong” to scrutinize a tax return because of a taxpayer’s name or political philosophy, the report said.

“I’m not frankly aware of any other class-action lawsuit against the IRS for anything where the IRS paid money,” Mark Meckler, who as president of Citizens for Self Governance funded the class-action challenge, previously told the Times when the settlement was submitted for final approval a few weeks ago.

Just as 2016 was a “jump ball,” 2018 is too. Each major party can point to their evidence as to why they believe they can win. What would happen to the economic progress made if the House flips?

Skirts vs. Coat-Tails for Biz and Investors? Plus Manufactured Housing Market Updates

 

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).

8.13.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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

“It’s A Problem That’s Been Bubbling for Years,” Turkey Tank$, Plus Manufactured Housing Market Updates

August 10th, 2018 No comments

CNNmoney8.10.2018ManufacturedHomeStocksMarketsReportsMHProNewsAs the United States begins to flex more economic muscle, there are increasing signs in markets from China, Europe to now Turkey that are reflecting weaknesses in markets overseas. Today, Turkey grabbed the headlines, and some experts share their take. It’s a troubling reminder why manufactured housing is a much safer bet, which will be our evening spotlight focus.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Currency meltdown in Turkey threatens Europe
  • ‘Women are devalued and demeaned’ at Nike, two ex-employees say in lawsuit
  • Amazon’s new cloud feature helps businesses avoid traffic crashes
  • Twitter says InfoWars hasn’t ‘violated our rules.’ It looks like that’s not the case
  • Uber competitor Via expands worldwide
  • Boeing, America’s biggest exporter, weighs in on tariffs
  • A rare tour of Boeing’s gigantic jet factory
  • What it takes to make the Boeing Dreamliner
  • Ryanair cancels 400 flights as pilots strike in 5 countries
  • Samsung is late to the smart speaker game. Here’s how it could catch up
  • Watch: Samsung unveils the Galaxy Note 9
  • Facebook bars users from sharing blueprints for 3D-printed guns
  • Roku stock hits record high amid massive user growth
  • 5 signs you were meant to work for yourself
  • You don’t have to be a billionaire to invest in startups
  • White anxiety finds a home at Fox News
  • Amid reports of sale, Chicago Tribune owner Tronc stays mum
  • IAC, the internet giant that owns Angie’s List, is on fire
  • Japan dodges a recession, but it’s not in the clear yet
  • Protests erupt as thousands in China lose life savings
  • Samsung’s Galaxy Note 9: All-day battery life and Fortnite
  • Tribune calls off $3.9 billion Sinclair media deal
  • Ikea opened its first store in India. Take a look

Select Bullets from Fox Business

  • Economic turmoil in Turkey roils bank stocks
  • Stocks slide as investors turn attention to Turkish turmoil
  • Investor says Trump is worsening an economic bubble
  • Consumer prices edge up in July
  • Oil steady as Iran sanctions balance impact of trade war
  • Can Twinkies still thrive after Walmart’s squeeze?
  • Trump claims NFL players get ‘most’ of league’s revenue: Fact check
  • ‘Nobody seems to notice’: Is the housing market in a recession?
  • Microsoft Excel world champion is just 15-years-old
  • Stolen Tesla? Why there’s a good chance you’ll get it back[overlay type]
  • Stolen Tesla? Why there’s a good chance you’ll get it back
  • States where $300K can buy you the biggest home
  • Papa John’s offers franchises financial relief amid sales slump: report
  • The NFL has failed to fix its anthem problem: Varney
  • Chris Collins and other high-profile insider trading cases
  • Airlines boost salaries to solve critical pilot shortage
  • Elon Musk taunts Tesla short seller David Einhorn, sends shorts
  • New York ride-sharing cap leads to higher prices, longer wait times: Lyft
  • Millennials ‘destroying’ core beer brands: ‘Bar Rescue’ host Jon Taffer
  • Ex-Formula One racer designs motorcycle powered by aircraft engine
  • NY Senate candidate will push to make rent tax deductible if wins
  • Every time we cut the capital gains tax it’s a tremendous advantage: Norquist
  • Trump administration tax on capital gains tax
  • Small business owners favor more China tariffs: Survey
  • New York state shuts down child’s lemonade stand
  • College students up to ears in debt: Here’s how to manage and understand loans
  • World’s largest yard sale nearly 700 miles long
  • Car shoppers finding fewer 0% finance deals

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

9MarketIndicatorsYahooFinance8.9.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews-3

 

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 –

 

ItsAProblemBubblingYearsTurkeyPlusMHMarketUPdatesDailyBusinessNewsMHproNews

We’ll let the talking heads explain their thinking on the Turkish Tank today, noting that new punitive U.S. economic moves – aimed to get an imprisoned Christian minister, jailed in Turkey – freed have sparked a nosedive.

Far more stable are the markets in manufactured housing. 

A one-year snapshot of virtually any stock tracked below will reveal how safe a bet the manufactured home sector is for investors. That’s all that need be said this evening, going into the weekend.

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).

8.10.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

8.10.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNewsSoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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

“I Admit, I was Wrong,” said Heritage’s Feulner, Plus Manufactured Housing Market Updates

August 9th, 2018 No comments

CNNmoney8.9.2018ManufacturedHomeStocksMarketsReportsMHProNewsWouldn’t it be refreshing if certain folks in Arlington, VA made an admission like the headline confession Heritage’s Edwin Fuelner made on camera? But, the focus for this evening’s market report isn’t that, rather, it is two-prime points. General economy/jobs, and the under-reported internal struggles in China over the trade troubles with the U.S.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • A rare tour of Boeing’s gigantic jet factory
  • Behind the scenes at Boeing’s biggest factory
  • SPECIAL REPORT
  • China has an online lending crisis and people are furious about it
  • How Crocs staged a comeback
  • Samsung Galaxy Note 9 will bring a longer battery life — and Fortnite
  • Samsung unveils the Galaxy Note 9
  • One more company decides to join Amazon, not fight it
  • IAC, the internet giant that owns Angie’s List, is on fire
  • Buffalo Wild Wings wants to place a bet on sports gambling
  • Tribune calls off $3.9 billion Sinclair media deal
  • Roku stock hits record high amid massive user growth
  • Cinemark’s Movie Club is the anti-MoviePass
  • Pandora’s hit jewelry product is now its biggest problem
  • Why Casper wants to open 200 stores
  • Albertsons and Rite Aid scrap plans to merge
  • When work puts you back in the closet
  • 5 reasons to bet against Elon Musk’s plan to go private
  • Maker of single-passenger electric car files for $10 million public offering
  • Magic Leap’s mysterious AR headset is ready for a reality check
  • Apple: No, your iPhone isn’t eavesdropping on you
  • New York caps the number of Uber and Lyft vehicles in the city
  • MoviePass CEO: ‘We now have the right model’
  • What Android Pie means for the future of smartphones
  • Deepfakes are coming. Is Big Tech ready?
  • Another Amazon Prime perk at Whole Foods

Select Bullets from Fox Business

  • Is the heyday of ride-hailing companies over?
  • New York City puts the brakes on Uber, Lyft
  • Stocks mostly flat as traders digest corporate news, trade developments
  • Tribune terminates merger agreement with Sinclair, files suit for breach of contract
  • Oil regains some poise after 3 percent drop
  • Millennials ‘destroying’ core beer brands: ‘Bar Rescue’s’ Jon Taffer
  • Tom Brady’s contract: Patriots add $5M in new incentives
  • Seattle soda tax brings in more than $10M in first six months
  • Airlines boost salaries to solve critical pilot shortage
  • Amazon plans to open its own health clinics for employees: Report
  • Party City, Amazon to partner on Halloween costume sales
  • Ex-Formula One racer designs motorcycle powered by aircraft engine
  • PGA Championship servers hacked, Bitcoin ransom included: Report
  • Ford executive reacts to Musk’s plan to take Tesla private
  • USPS blames financial instability on government
  • Mattress retailer Casper to open 200 stores
  • Why this state is the best to buy a vacation home
  • Inside monthly spending habits of a millennial
  • Home prices soar in these cities, states
  • Renters should reconsider home ownership for this reason
  • The smartphone cleanse: A 7-day guide to a digital detox
  • Trump administration tax on capital gains tax
  • To reduce trade deficit meaningfully, reduce fiscal deficit: Krishna Memani
  • US workers get biggest pay hike in almost a decade
  • Small business owners favor more China tariffs: Survey
  • New York state shuts down child’s lemonade stand
  • College students up to ears in debt: Here’s how to manage and understand loans
  • World’s largest yard sale nearly 700 miles long
  • Car shoppers finding fewer 0% finance deals

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

9MarketIndicatorsYahooFinance8.9.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

IAdmitIwasWrongHeritagesEdwinFeulnerDailyBusinessNewsMHProNews

Can you visualize a certain president in Arlington turning red-faced, if he had to make a public admission or error, as Heritage Fuelner’s founder freely made on-camera in the first video below?  For his colleagues, here’s a tip. Credibility grows when admissions – attornment, and amendments – are made.

Accountability is desired in business, and with the typical professional organization too.  But the focus, tonight as noted, is two-fold.

Heritage’s “Mission” says:

Building an America where freedom, opportunity, prosperity, and civil society flourish.

The mission of The Heritage Foundation is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.”

Like many non-profits in D.C., Heritage has access to reports and resources that thousands of modest sized businesses do not.  So, Fuelner’s take on these economic issues should be of interest to many.

 

Near the end of the video above is his confession on China, which makes a good segue into the following.  Fuelner now sees that issue differently than he did in the past.

But it isn’t just a growing number of policy wonks in Washington or Wall Street that are beginning to see the mid-to-long-term wisdom of the Trump Administration’s policies.

Inside Communist China, in our curated topical selections tonight, CNBC reports that pressures are mounting inside China regarding the tariffs and trade issues with Team Trump.

A growing trade war with the United States is causing rifts within China’s Communist Party, with some critics saying that an overly nationalistic Chinese stance may have hardened the U.S. position, according to four sources close to the government.

President Xi Jinping still has a firm grip on power, but an unusual surge of criticism about economic policy and how the government has handled the trade war has revealed rare cracks in the ruling Communist Party.

 

A backlash is being felt at the highest levels of the government, possibly hitting a close aide to Xi, his ideology chief and strategist Wang Huning, according to two sources familiar with discussions in leadership circles.”

There were also more signals today that the U.S. and the E.U. are moving toward the goals stated, reported on the Daily Business News in late July at the link below.

Earnings Beats, Trade Deal Announced with EU, Stocks Rise, Plus MH Market Updates

Other related reports to the trade issue are as noted.  It should be mentioned, that some production centers for U.S. factory building operations reportedly use some Chinese imports.

Stocks Rise Amid Trade Tiffs, Iran Sanctions Take Effect, Plus MH Market Updates

Signs China’s Weakening in Trade Tiff with U.S.? Plus MH Market Updates

 

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).

8.9.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNewsBerkshire Hathaway is the parent company to Clayton Homes, 21st 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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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

Skirts vs. Coat-Tails for Biz and Investors? Plus Manufactured Housing Market Updates

August 8th, 2018 No comments

CNNmoney8.8.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe markets closed mixed, and the midterms are approaching in just 90 days.  As the American Banker noted in their print edition, part of what is up in the air is certainty for business and investors. Is it a blue wave ahead, or is the President of the United States (POTUS) Donald J. Trump’s claim that it could be a red wave correct?  Self-proclaimed Democratic socialist, and new darling for many in the left-of-center media, Alexandria Ocasio-Cortez  endorsed candidates, so did POTUS. That will be tonight’s focus report.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • MoviePass CEO: ‘We now have the right model’
  • Walmart is giving less shelf space to Twinkies. Hostess falls 16%
  • Beards are back. That’s bad news for Gillette
  • Democrats want Facebook to tell them who has seen disinformation
  • This company is laying off almost all its workers because of tariffs
  • Samsung’s next move: A $22 billion bet on new tech
  • Here’s why it’s so hard to spot deepfakes
  • Why now is the best time to invest in China
  • China to put 25% tariffs on $16 billion worth of US products
  • Another Prime perk at Whole Foods: Curbside pickup
  • Colombia and Honduras lead the way in tackling devastating coffee rust disease
  • You don’t have to be a billionaire to invest in startups
  • The New York Times’ post-election subscription boom doesn’t show signs of slowing
  • Is the Sinclair-Tribune deal about to die?
  • Should I get a fixed- or adjustable-rate mortgage?
  • What Android Pie means for the future of smartphones
  • World’s biggest IPO in 2 years shows China’s 5G ambitions
  • What happens when sexual harassers return to work
  • Uber brings back a former exec to lead its freight business
  • Ikea is spending $1.5 billion to find its ‘future’ in India
  • Papa John’s blames Papa John for its big sales decline
  • Facebook adds quirky Messenger games to video chats
  • The big picture about Ohio’s special election
  • Employers are finding new ways to cut health care costs
  • Zillow buys a mortgage lender and the stock tanks
  • How Robert De Niro built the Nobu empire
  • Disney’s Bob Iger lays out plans for Fox and streaming
  • How 5G could change everything, from music to medicine
  • How Indra Nooyi built Pepsi for the future
  • Plastic straws are out. These companies are cashing in
  • Daimler abandons its Iran plans over US sanctions
  • Carl Icahn: Cigna’s merger with Express Scripts rivals ‘worst in corporate history’

 

Select Bullets from Fox Business

  • Ford has no issues being a public company
  • Tesla’s latest production delays are in its solar unit: Report
  • Tesla board actively evaluating taking company private
  • Did Elon Musk violate securities regulations with his bombshell tweet?
  • Stocks cautious amid latest tariff spat
  • New York GOP Rep. Chris Collins arrested on insider trading charges[overlay type]
  • New York GOP Rep. Chris Collins arrested on insider trading charges
  • Renters should reconsider home ownership for this reason
  • The smartphone cleanse: A 7-day guide to a digital detox
  • Trump brings ‘historic negotiation’ to Medicare
  • Home prices soar in these cities, states
  • Capitalism is not perfect, but it’s the best out there: Ken Langone
  • Ford celebrates its 10 millionth Mustang
  • Bitcoin ETF ruling delayed, cryptocurrency market plunges
  • Trump: GDP growth ‘could be in the 5s’ next quarter
  • China retaliates with tariffs affecting $16B worth of US goods
  • Residents in these cities pay their bills on time
  • Why this state is the best to buy a vacation home
  • Key takeaways from Kansas, Michigan, Ohio primaries
  • This Grammy-winning artist says Spotify, Apple not hurting his craft
  • Inside monthly spending habits of a millennial

 

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

9MarketIndicatorsYahooFinance8.8.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

SkirtsVsCoatTailsForBizInvestorsManufacturedHousingMarketUpdatesDailyBusinessNewsMHProNEws

Whether you win by one or one hundred, you’ve still won, and the GOP won the special election last night in Ohio while all three candidates Sanders and Ocasio-Cortez campaigned for lost their primary races,” said the Daily Caller. One of her endorsed candidates won, and one is pending: “Ocasio-Cortez endorsed congressional candidate Kaniela Ing in Hawaii for the race taking place on Aug. 11.”

The New York Times reported the results last night like this: “Few Have Lost Races, but All Republicans Have Lost Support in Special Elections Under Trump.”

Much of the left-of-center media made it sound worse than that line. The Washington Post phrased it like this: “The margin [in OH 12] of less than 1 percent came in a district that Trump won by 11.”

There’s certainly no denying that the margins have been narrowed, but aren’t there several ways of looking at that data-point?

By contrast, here was the story from POTUS Trump’s Twitter feed.

POTUSTrumpTwitterOHTroyBaldersonTrailingWonDailyBusinessNewsMHproNEws

Coat tails.

5for5POTUSTrumpTwitterFeedGOPPrimariesDailyBusinessNewsMHProNEws600

5 for 5 last night for POTUS. Coat tails. Vs. 1 of 4 last night for Ocasio-Cortez, with one race still outstanding.

The RNC spokesperson in this video said that Republicans have won 8 of 9 special elections, while the DNC spokesperson had – of course – a different view.

The reality is that either side could prevail, as it is about energizing each side’s base and turnout.

President Trump proved in 2015-2016 that the candidate with the most money isn’t bound to win.  If that had been so, the Jeb Bush would have faced off against Hillary Clinton, but with less cash and spending, Donald J. Trump beat the former Florida Governor and the former Secretary of State.

The turnout for the Trump events was under estimated by many in the media in 2016.  Is there any Democrat, other than perhaps former President Barack Obama, who can turn out a crowd as big as President Trump today?

GOP Senate nominee in MI, John James, said that Debbie Stabenow cares more about “resistance than results” and “She cares more about obstruction [of the Trump agenda] than economic opportunity.” James touted his results from “the battlefield to the board room.”

Rural whites have been treated as “deplorable,” while urban blacks have been treated by Democrats as disposable,” said James.

He said he doesn’t have a “black message, or a white message, I have a Michigan message.”

He clearly has his sound bites down well. “Identify politics is the enemy of the state.” James said. From border security, to the economy, and more, the GOP nominee from Michigan for the U.S. Senate sounds very much like an energetic, compressed take from the president’s agenda.

James sounds a little like conservative version of Barack Obama’s 2004 DNC speech, so no wonder that President Trump is touting him as a future star of the GOP. Don’t believe it?  See and hear for yourself.

The next 90 days will be unfolding rapidly.

Last night, in the battle between the effects of the endorsements – measuring the impact from the “skirt” vs. “coat tails,” it seems that the President’s coat-tails won. The Daily Business News will keep an eye on the emerging contest for investors and professionals.

 

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).

8.8.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

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

Stocks Rise Amid Trade Tiffs, Iran Sanctions Take Effect, Plus MH Market Updates

August 7th, 2018 No comments

CNNmoney8.7.2018ManufacturedHomeStocksMarketsReportsMHProNewsDon’t look now. The uncertainty over trade, sanctions, tariffs in the first half of the year gave way on Wall Streets to a more recent steady rise in the markets. While there’s plenty of question marks – read, uncertainty – ahead, there seems to be growing confidence that the Trump Administration may be on the difficult, but correct path for long term American interests.  Tonight’s focus will be on the return of Iranian sanctions, plus other market views on recent trade developments.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Papa John’s blames Papa John for big sales decline
  • Snap earnings: First take
  • Plastic straws are out. These companies are cashing in
  • Read Elon Musk’s email to Tesla employees
  • Employers are finding new ways to cut health care costs
  • Zillow buys a mortgage lender and the stock tanks
  • China is building a big advantage in the race for 5G
  • What’s next for MoviePass?
  • Disney, Fox and Viacom: A big week for media earnings
  • How Indra Nooyi built Pepsi for the future
  • Daimler abandons its Iran plans over US sanctions
  • Why the Dow is misleading
  • Investors may be overreacting to Weight Watchers’ subscriber dip
  • Grocery stores will end up winning the meal kit wars
  • India’s biggest ride-hailing firm is heading to the UK
  • Summers off? Yes, please! This company lets you pick your own perks
  • Forget the ‘glass ceiling.’ The ‘concrete ceiling’ is so much worse
  • West Virginia’s decision to allow smartphone voting sparks outcry
  • Voting in the US is hard. Here’s why
  • Depression in the C-suite
  • At 18, she launched a startup. At 22, she’s blazing a trail in the VC world
  • MoviePass has a new plan. Again.
  • The best way to boost retirement income
  • Jared Kushner deleted ‘critical’ stories at his newspaper, software developer claims
  • Why Goodyear and Delta Faucet are doing research in space
  • Facebook: We’re not ‘actively’ asking for people’s banking data
  • PepsiCo CEO Indra Nooyi is stepping down
  • Justice Department lays out roadmap to appeal of AT&T-Time Warner deal
  • YouTube, Apple and Facebook remove content from InfoWars and Alex Jones
  • SeaWorld makes a big splash: Attendance up, stock soars
  • Will Harley-Davidson divide bikers from the president?
  • Avis will start providing rental cars to Lyft drivers

 

Select Bullets from Fox Business

  • Tesla shares resume trading, Musk posts blog on why company should go private
  • Saudi Arabia invests $2B in Tesla: report
  • Tesla short-sellers pounded as Musk tweets about going private
  • Elon Musk claims he’s taking Tesla private: Some takeaways
  • GM inks innovative deal to cut employee health care costs
  • Stocks rise as Iran sanctions take effect
  • Inside monthly spending habits of a millennial
  • Amazon has yet to tackle these two trillion dollar markets
  • Venezuela’s oil production turning a corner?
  • This is the best state to invest in a vacation home
  • Democrat leaders need to step up, tell violent supporters to knock it off: Varney
  • $1 million can last retirees anywhere from 11 to 26 years
  • Home prices soar in these cities, states
  • Tax deductible rent could soon become reality in New York
  • Holding too much cash vs. investing could hurt your bottom line
  • AI technology powers online college degrees
  • Billy Joel’s agent makes history – standing beside the ‘Piano Man’
  • Dennis Arfa, CEO of Artist Group International brings history to Madison Square Garden.
  • You don’t have to retire broke, help is closer than you think
  • Facebook wants banks to share your personal finances: Report
  • NASCAR head takes leave of absence after arrest
  • US workers get biggest pay hike in almost a decade
  • Hologic CEO on innovating in women’s health
  • Nestle USA CEO: We continue to grow in the US
  • Small business owners favor more China tariffs: Survey

 

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

9MarketIndicatorsYahooFinance8.7.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

StocksRiseAmidTradeTiffIranSanctionsTakeEffectPlusMHMarketUpdates

Fox Business Networks’ spotlighted this discussion about the emerging reactions on Wall Street to trade and tariff disputes.

Markets closed up, even though the Iranian sanctions have now kicked in.

President Trump tweeted that “The Iran sanctions have officially been cast. These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level. Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD PEACE, nothing less!

There’s speculation that Germany may be moving to work with Washington, but limiting access of Iranian assets moving through their banks.

 

FBN says that Iran shipped out almost 3 million barrels of crude per day in July. Sanctions on Iranian oil exports will take effect in November.  That would send oil prices higher.

Unrest in Iran is on the rise, and while the Trump Administration has said they are not seeking regime change, there are numerous unknowns about what President Trump and Russia’s leader, Vladimir Putin discussed.  Would it be a surprise if the Islamic state was part of the calculus for that meeting?

If they’re playing poker, senior Trump Administration officials are playing it like Cool Hand Luke. The signals are they expect a few weeks to months of tariff and trade tensions.  But the Oval office has said and signaled that they expect to win at the end of this process. With markets rising again, investors seem to be gaining confidence that the White House is getting it right.

 

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).

8.7.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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

 

Rising Tide Lifts Millions off Food Stamps, Plus Manufactured Home Market Updates

August 6th, 2018 No comments

CNNmoney8.6.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe USDA reports that the number of people on food stamps, more properly known as SNAP benefits, has been declining by millions since February of 2017. More jobs, higher wages are clearly contributing to that outcome, which will be our focus spotlight this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • At 18, she launched a startup. At 22, she’s blazing a trail in the VC world
  • InfoWars app still in Google, Apple stores after companies move against other content
  • Facebook: We’re not ‘actively’ seeking consumers’ banking data
  • Justice Department lays out roadmap to appeal of AT&T-Time Warner deal
  • MoviePass has a new plan. Again.
  • West Virginia to introduce mobile phone voting for midterm elections
  • PepsiCo CEO Indra Nooyi is stepping down
  • YouTube, Apple and Facebook remove content from InfoWars and Alex Jones
  • SeaWorld makes a big splash: Attendance up, stock soars
  • Apple supplier crippled by computer virus
  • India postpones retaliatory tariffs on US goods for a second time
  • Avis will start providing rental cars to Lyft drivers
  • Health care mergers are in doubt, and Amazon isn’t going away
  • Why Goodyear and Delta Faucet are doing research in space
  • Berkshire Hathaway’s stake in Apple is now worth nearly $50 billion
  • Starbucks may let customers pay with bitcoin
  • 5G is coming to Houston. Here’s why that’s a big deal
  • MoviePass will limit customers to three movies per month
  • The billionaire bankrolling Silicon Valley with his $100B checkbook
  • Why American credit card companies can’t break into China
  • Anthony Scaramucci says Trump’s press attacks are ‘bad for the country’
  • Trump’s storytelling prowess
  • Newseum apologizes for ‘Fake News’ shirts: ‘We made a mistake’
  • Brian Stelter: Trump is winning the story-telling game
  • CBS tells press sexual harassment allegations are ‘taken seriously’
  • Wells Fargo says hundreds of customers lost homes after computer glitch
  • Tim Cook on $1 trillion valuation: Keep your eye on the ball
  • SEC drops probe of Exxon’s accounting practices
  • DNC warns candidates: Don’t use ZTE or Huawei phones
  • Kraft Heinz reports tasty sales but Campbell Soup rumors won’t die

Select Bullets from Fox Business

 

  • Why the number of female CEOs is falling in 2018
  • Pepsi’s new CEO Ramon Laguarta: Five things to know
  • PepsiCo CEO Indra Nooyi stepping down
  • Stocks begin week on tentative note, as tariffs and earnings remain in focus
  • Oil prices climb following unexpected production dip
  • Millions drop off food stamps
  • NASCAR CEO Brian France takes leave of absence after DUI arrest
  • Here’s how long $1 million in retirement savings will last in your state
  • These 4 industries struggle to recruit new employees
  • More Americans may owe the IRS next tax season
  • SeaWorld attendance surges after ‘Blackfish’ documentary scandal
  • Drastic rise in Americans filing for bankruptcy
  • Warren Buffett’s Apple bet is paying off
  • Facebook wants banks to share your personal finances: Report
  • Venezuela a warning to ‘pie-in-the-sky’ socialists: Varney
  • Wynn Resorts settles with Elaine Wynn, names Phil Satre vice-chairman
  • Hologic CEO on innovating in women’s health
  • Nestle USA CEO: We continue to grow in the US
  • Capital gains taxes should be indexed for inflation: Art Laffer
  • New York state shuts down child’s lemonade stand

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

9MarketIndicatorsYahooFinance8.6.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

RisingTideLiftsMillionsOffFoodStampsPlusManufacturedHomeMarketUdpates

There are dozens of stories that get lightly covered in the mainstream media, for whatever reason.

Among them is the ticking time bomb left by the mushrooming budget deficits during the prior two administrations. Candidate and U.S. Senator Barack Obama called out President G.W. Bush for his huge deficits.  Once president, POTUS Obama proceeded to double the national debt in 8 years.  The vast majority of the federal debt came during the 16 years of the G.W. Bush and Barack H. Obama Administrations.

TotalUSFederalDebtManufacuredHousingINdustryDailyBusinessNewsMHProNews

Politicians often talk about mushrooming debt during campaign season, and then ignore it as it builds up once they are in office. The Trump Administration is working to reduce SNAP and other entitlement payments, in part by creating an economy that is thriving. As incomes rise, people can and are leaving entitlements for the workforce. This is logically a prudent policy long term.

Those debts require debt service payments.  As interest rates rise, the cost of debt services is rising too.

In a practical sense, the only option the federal government had – other than eventual insolvency or ‘hyper-inflation’ (more aptly, dramatically devalued monetary value) – was to fuel much faster economic growth.  A look at Venezuela is a sobering reminder of what America wants to avoid.

With that backdrop, what progress is being made?

Two items will be quickly reviewed, that are interconnected.

According to the White House press room, “The American economy is continuing its longest monthly streak of positive job growth in history, with 3.9 million jobs added since President Donald J. Trump was elected.”

Today marks just the eighth time since 1970 that unemployment has fallen below 4 percent—with three of those occasions occurring in 2018. This success is good news for everyone, but it’s crucial for communities that have struggled historically: The unemployment rate for Hispanics has reached another all-time low, and unemployment for individuals with less than a high school diploma fell to its lowest mark since the series began in 1992,” said the Oval Office’s media room to the Daily Business News.

Just as important: Jobs are paying better. Significant wage gains had been a missing piece of the economic “recovery” since the Great Recession, CNBC reports, but that reality is changing under President Trump. “Compensation for workers rose to a nearly 10-year high in the second quarter,” Jeff Cox writes.

With that backdrop, Fox Business notes that (SNAP) – commonly known as food stamps – since Trump’s first full month in office, the data showed. Food stamp enrollment in May 2018 was 39,329,356 versus 42,134,301 in February 2017.”

 

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).

8.6.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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

Lou Barletta – Senatorial Candidate – Sums Up Upcoming Mid-Term Battle Lines, Plus MH Market UPdates

August 3rd, 2018 No comments

CNNmoney8.3.2018ManufacturedHomeStocksMarketsReportsMHProNews

It only took Lou Barletta about 3 minutes to machine gun the bullets that sum up the 2018 midterm battle lines. Check out that new video, because the midterms are coming up fast. With markets closing mostly up, the Barletta related video will be our feature for tonight.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

21st Mortgage, affiliated managers group inc, amg, Berkshire Hathaway Inc., brka, Carlyle Group LP, Cavco Industries Inc, CG, Clayton Homes, CVCO, Deer Valley Homebuilders Corp, DVLY, ELS, Equity Lifestyle Properties, Killam Apartment Real Estate Investment Trust, KMMPF, LCI Industries, LCII, louisiana pacific corp, lpx, NOBH, Nobility Homes, northstar realty finance corp, NRF, PATK, patrick industries inc, SKY, Skyline Corp, SUI, Sun Communities Inc., tavfx, Third Avenue Value Fund, UFPI, UMH, UMH Properties Inc., Universal Forest Products Inc., Vanderbilt Mortgage, BX:US, Blackstone Group LP

Select Bullets from Fox Business

  • Trade war costs China its stock market ranking
  • Monthly jobs growth disappoints, jobless rate meets expectations
  • Stocks rise as traders digest trade developments, US economic health
  • Larry Kudlow predicts 2.8M jobs to be created this year
  • Maximize your retirement finances by avoiding these 10 mistakes
  • How Narcan saved Demi’s life
  • This industry offers 150K salaries without a college degree
  • NASA names astronauts for Boeing, SpaceX flights
  • Retail apocalypse impacts teens’ summer jobs
  • White House banking on economic growth to pay for ballooning deficit
  • Guinness opens first US brewery in 64 years
  • Yacht owners go bold, here’s the new trend
  • Popular almond milk recalled because it may contain real milk
  • Pay hikes coming from majority of US employers: survey
  • Kylie Jenner’s Calvin Klein social media post nabbed $1.8M
  • How Michael Jackson helped this CEO build an energy empire
  • Chase ATMs go cardless
  • Between Trump-ism and socialism, I have to believe Trump wins: Varney
  • New York state shuts down child’s lemonade stand
  • Katz’s Deli, secrets behind keeping a 130-year-old business alive
  • College students up to ears in debt: Here’s how to manage and understand loans
  • Student loan debt has reached $1.5 trillion.
  • World’s largest yard sale nearly 700 miles long
  • Car shoppers finding fewer 0% finance deals
  • Interest rates are rising, and automakers are turning to cash incentives.

 

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

9MarketIndicatorsYahooFinance8.3.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

LouBarlettaManufacturedHousingIndustryDailyBusinessNewsMHProNews550

Lou Barletta, “represents a blue collar district in the northeastern portion of the state, probably starts out as the favorite,” said Real Clear Politics, which said “Barletta poses an interesting matchup…” with incumbent Pennsylvania Democratic Sen. Bob Casey Jr.  As millions recall, President Donald J. Trump carried the state in 2016, part of the crack of the once-vaunted ‘blue wall’ that Democrats have held for decades.

Incumbents overwhelmingly win in the Senate and House.  So, the odds are typically in the favor of the person holding a seat in Washington.

Will this year be different?  The video below may speak louder than many polls.

 

There are 35 U.S. Senate seats up for grabs, and the entire House of Represenatives is up for reelection every 2 years. So we’ll keep an eye on Barletta vs. Casey, as one of the 470 matchups that make politics this year a full contact blood-and-money sport.

LouBarlettaWikipediaManufacturedHousingIndustryDailyBusinessNewsMHproNews

MHProNews will reach out to several campaigns, to see where the candidates stand on key issues. Stay tuned.

Really? Taxes are Cut, Tax Collection and Revenue Grows?

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).

A-8.3.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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

How Trillion Dollar Apple Market Cap Stacks Up Against Berkshire Hathaway, S&P 500 Firms – Plus MH Market Updates

August 2nd, 2018 No comments

CNNmoney8.2.2018ManufacturedHomeStocksMarketsReportsMHProNewsEveryone will be buzzing about Apple being the first to hit a trillion dollar market cap.  Berkshire Hathaway holds a growing stake in Apple.  How does Berkshire, or other publicly traded firms compare?  See the infographic below, our feature 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 report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Apple is now worth $1,000,000,000,000
  • Brookstone files for bankruptcy
  • MoviePass: ‘Talk of our demise is greatly exaggerated’
  • Congress to press Facebook, Twitter on lack of coordination against Russian troll threat
  • Macy’s stock is doing almost as well as Amazon
  • Trade war slams stock markets again
  • Judge dismisses lawsuit against Fox News filed by parents of Seth Rich
  • New York Times stands by new hire amid Twitter backlash
  • Pizza Hut can’t cash in on Papa John’s problems
  • Papa John’s to pizza-eaters: We’re listening
  • Trump administration wants to lower emissions standards for cars
  • US Steel a big winner after tariffs boost prices
  • CBS investors loved Les Moonves, but can he really stay?
  • Google might return to China. Here’s why that’s so controversial
  • Two recession warning signs are here
  • Vacant in Vegas: MGM guidance sparks another casino stock sell-off
  • The strange world of YouTube creator side gigs
  • Caesar’s stock plunges on worries about Vegas hotel bookings
  • ’60 Minutes’ staffers wonder about Jeff Fager’s fate after CBS expose
  • CBS board hires two law firms as fallout over harassment allegations grows
  • Ryanair is having a terrible summer. Can it bounce back?
  • UK hikes interest rates for second time in a decade
  • Here’s how much money you could be losing by avoiding the stock market
  • Wells Fargo to pay $2.09 billion fine in mortgage settlement
  • Three people arrested for massive Chipotle, Arby’s, Chili’s hacks
  • Express Scripts stock plunges on report that Carl Icahn wants to block Cigna merger
  • Federal Reserve keeps interest rates unchanged
  • Asia’s ride-hailing market gets another $1 billion investment
  • The biggest threat to Volkswagen: New emission tests
  • Papa John’s hires ad agency to rebrand after N-word controversy
  • Starbucks battles its China sales slump with coffee delivery
  • Why Campbell Soup might go up for sale
  • Kroger launches online grocery delivery service
  • Why men get ‘glamour work’ assignments more than women
  • Champion is ending a popular line at Target
  • Who is Cody Wilson, the man behind the 3D printed gun?
  • Companies are stockpiling drugs to prepare for Brexit
  • Facebook now tells you how much time you spend on it
  • 3 tricks billionaires use to make their money work for them

Select Bullets from Fox Business

  • Apple first US company to hit $1T
  • Steve Jobs and Apple’s prolonged history in seven fast facts
  • S&P, Nasdaq rally as Apple hits $1 trillion
  • Jobs report – this is what economists will be watching
  • Yacht owners go bold, here’s the new trend
  • Zero-percent finance offers drop to lowest level in 13 years
  • This industry offers 150K salaries without a college degree
  • Papa John’s founder: ‘I can be back in the ads’
  • Chase ATMs go cardless
  • Fiat Chrysler recalls 1.1 million Ram pickup trucks
  • Despite strong job market, age discrimination still exists, survey says
  • Facebook, Twitter, Instagram can be ‘policing their own platforms:’ FBI Director Wray
  • Lawsuit claims Walmart stole technology to keep produce fresh
  • ‘Cheap’ health insurance is here, says HHS Sec. Alex Azar
  • These states have the craziest student loan debt
  • Trump will stop China’s ‘bad’ behavior: Wilbur Ross
  • Texas sand dunes go from worthless desert to mega-valuable commodity
  • Tesla stock rallies as Elon Musk apologizes, promises future profits
  • China’s Huawei surpasses Apple in smartphone sales
  • Google plan for censored search engine in China slammed by Trump administration
  • New York state shuts down child’s lemonade stand[overlay type]
  • New York state shuts down child’s lemonade stand
  • Katz’s Deli, secrets behind keeping a 130-year-old business alive
  • World’s largest yard sale nearly 700 miles long
  • Teen makes six figures hacking Google, Facebook legally
  • What Serena Williams taught her husband about business

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

9MarketIndicatorsYahooFinance8.2.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

HowTrillionDollarAppleMarketCapStakcsUpAgainstBerkshireHathawaySP500FirmsPlusMHMarketUpdates

Short and sweet tonight.

The first chart reflects the rise of Apple.

CNBCAppleSince1982ManufacturedHousingConnectedMarketReportsMHProNews

The second shows the comparative market caps of other firms in the equities market.

S&P500MarketCaptsManufacturedHousingIndustryDailyBUsinessNEwsMHProNews

Per CNBC.

It should be noted that CNBC said that in its heyday, IBM had more sway than Apple does today.  That may be true, but the irony is that Buffett’s Berkshire has been shedding IBM stock, and picking up Apple stock.

 

 

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).

 

8.2.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNewsBerkshire 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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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

#3 MH Lender Hit by $2 Billion in Fines, Plus MH Market Updates

August 1st, 2018 No comments

DowJonesIndustrialsCNNMoneyManufacturedHousingINdustryDailyBusinessNewsMHproNewsNumerous manufactured home professionals don’t realize that the per HMDA data, the #3 lender in manufac5ured housing is Well Fargo, which Warren Buffett’s Berkshire Hathaway has a large stake in.  The fines they were hit with today are our featured spotlight tonight.


If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Tesla reported the biggest loss in its history. But it could’ve been worse
  • Two recession warning signs are here
  • Papa John’s hires ad agency to rebrand after N-word controversy
  • Wells Fargo to pay $2.09 billion fine in mortgage settlement
  • Federal Reserve keeps interest rates unchanged
  • Three people arrested for massive Chipotle, Arby’s, Chili’s hacks
  • The strange world of YouTube creator side gigs
  • Champion is ending a popular line at Target
  • Express Scripts stock plunges on report that Carl Icahn wants to block Cigna merger
  • Caesar’s stock plunges on worries about Vegas hotel bookings
  • Why Campbell Soup might go up for sale
  • Who is Cody Wilson, the man behind the 3D printed gun?
  • Facebook now tells you how much time you spend on it
  • How to get a non-tech job in tech
  • The biggest threat to Volkswagen: New emission tests
  • Kroger launches online grocery delivery service
  • Your MoviePass questions, answered
  • Sanofi and Novartis are stockpiling drugs to prepare for Brexit
  • The $4.5 trillion experiment rattling markets
  • Trump could raise tariffs on $200 billion in Chinese goods
  • 3 tricks billionaires use to make their money work for them
  • Why gold is plunging despite market volatility
  • India just raised interest rates again. There may be more
  • Facebook takes down suspected Russian network of pages
  • Worsening hostility toward the press
  • Place your bets: The NBA just struck a deal with a casino
  • MoviePass is hiking its price and cutting access to blockbusters
  • Pampers and Charmin are getting more expensive
  • Americans are rushing to invest in Switzerland
  • US escalates trade spat with one of the world’s poorest countries
  • Russia dumped 84% of its American debt. Here’s what that means
  • Customers got sick at a Chipotle in Ohio, sending its stock down 6%
  • Mercedes is trying to get cheap luxury cars right
  • Tesla’s magic is wearing off
  • This self-driving van uses screens to talk to pedestrians
  • Amazon can’t touch these discount stores
  • Why men get the ‘glamour work’ assignments more than women
  • Amazon HQ2 bid is already paying off for some cities
  • Half of the group behind Kendrick Lamar and Lady Gaga is for sale. Who will bite?
  • Interest rates are going up. Here’s what to do
  • Sony is cashing in on its big stake in Spotify
  • The tech bloodbath is here

Select Bullets from Fox Business

  • Everything you need to know about the capital gains tax cut[overlay]
  • Everything you need to know about the capital gains tax cut
  • Fed keeps interest rates unchanged, says US economy ‘strong’
  • Apple shares rally after iPhone sales boost earnings
  • Texas sand dunes go from worthless desert to mega-valuable commodity
  • Buffett loans whopping $2B to Sears property owner
  • Wells Fargo hit with $2 billion fine over faulty mortgages
  • Fidelity to launch no-fee index funds
  • Top 5 states with highest, lowest student loan debt
  • Car shoppers finding fewer 0% finance deals
  • Trump OKs sale of revamped short-term health care plans
  • This state offers six-figure salaries without a college degree
  • Trump to slap 25% tariff on $200 billion Chinese goods
  • US workers get biggest pay increase in a decade
  • Elon Musk blasts Tesla short seller David Einhorn
  • Why Iran, China have more to lose than the US, Trump
  • Reddit suffers data breach
  • China’s Huawei surpasses Apple in smartphone sales
  • The Chinese tech company is now the second-largest smartphone maker in the world.
  • How 3D technology is improving cancer detection
  • These automakers are releasing flying cars in the near future
  • New York state shuts down child’s lemonade stand
  • Katz’s Deli, secrets behind keeping a 130-year-old business alive

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

9MarketIndicatorsYahooFinance7.31.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

#3ManufacturedHomeLenderHitBy$2BillionFinesManufacturedHousingIndustryDailyBusinessNewsMHPronEws

The fines levied against Wells Fargo today were for allegations the firm was misrepresenting loan quality prior to the 2008 financial crisis. So, they’ve been a long time coming.

In a release to the Daily Business News, the U.S. attorney’s office in California announced Wednesday that it’s fining Wells Fargo $2.09 billion for allegedly mispresenting loan quality for mortgages it originated sold that were part of the run-up to the 2008 financial crisis.

Daily Business News readers may recall that the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency fined the bank $1 billion over claims of improper mortgage and auto-lending practices.

This settlement holds Wells Fargo accountable for actions that contributed to the financial crisis,” said Acting Associate Attorney General Jesse Panuccio. It sends a strong message that the Department is committed to protecting the nation’s economy and financial markets against fraud.”

Abuses in the mortgage-backed securities industry led to a financial crisis that devastated millions of Americans,” said Acting U.S. Attorney for the Northern District of California, Alex G. Tse. “Today’s agreement holds Wells Fargo responsible for originating and selling tens of thousands of loans that were packaged into securities and subsequently defaulted. Our office is steadfast in pursuing those who engage in wrongful conduct that hurts the public.”

Abuses in the mortgage-backed securities industry led to a financial crisis that devastated millions of Americans,” Alex Tse, acting U.S. attorney for the Northern District of California, said in a statement. “Today’s agreement holds Wells Fargo responsible for originating and selling tens of thousands of loans that were packaged into securities and subsequently defaulted.”

For a giant lender like Wells Fargo, has the punishment fit the crime?  And in the end, isn’t it consumers that pay for this fine, because the bank will just pass along the costs to their customers, over time?

 

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).

8,1,.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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe 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.)

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