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Posts Tagged ‘Skyline Corp’

Warren Buffett on Construction and Trucking Labor, Plus Manufactured Housing Markets Updates

July 18th, 2018 No comments

CNNmoney7.18.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe video below with Warren Buffett is perhaps more interesting for what it doesn’t say, than what it does.  That will be our 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 report is found further below.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

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.

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…

  • Larry Kudlow: No recession in sight
  • Malta wants to become ‘Blockchain Island’
  • Warren Buffett may soon join the stock buyback party
  • What’s rattling investors?
  • Papa John’s founder says it was a ‘mistake’ to resign
  • Uber fills ‘critical’ role of chief privacy officer
  • Lloyd Blankfein is about to have a lot of job options
  • Why Europe’s record fine against Google won’t hurt the tech giant
  • Europe fines Google a record $5 billion
  • A history of Europe’s efforts to rein in Big Tech
  • Elon Musk apologizes to Thai cave rescuer for ‘pedo’ tweet
  • Reed Hastings is writing a Netflix book
  • Netflix stock is tanking, but Hollywood would kill for its problems
  • Brits can’t get enough of Netflix and Amazon Prime
  • Sinclair announces changes to its bid for Tribune to appease the FCC
  • The vanishing White House press briefing
  • CBS’ Jeff Glor interviews Trump as White House grapples with Putin controversy
  • Google’s latest move to crack China: A WeChat game
  • First it was Pfizer. Now Novartis has frozen drug prices in the US
  • Boeing looked into the future. Here are 3 things it saw
  • Texas Instruments CEO resigns over ‘personal behavior’
  • Leading AI researchers vow to not develop autonomous weapons
  • Cambridge Analytica’s Facebook data was accessed from Russia, MP says
  • Texas pumps so much oil that soon it may surpass Iran and Iraq
  • With the Jaguar I-Pace, electric SUVs are off to a great start
  • This could be the Rolls-Royce of flying taxis
  • Another problem for Tesla’s Model 3
  • Aston Martin put a V8 in this silly, tiny car
  • CEOs are dumping stock in their companies. Here’s what that means

Select Bullets from Fox Business

  • Papa John’s, Wendy’s discussed merger before founder’s resignation: report
  • Papa John’s shares spiked on the report.
  • Laundry Service firm: Papa John’s founder extortion claims ‘completely false’
  • US stocks trade in tight range following upbeat economic outlook
  • Google shares soar to record high, despite record high EU fine
  • Gold’s demise may be golden for US stocks
  • Economy is fragile, recession could occur, Harvard professor warns
  • Americans think this is the ideal age to retire, buy a house
  • Truck driver shortage throwing wrench into business activity: Fed
  • Trump reveals plans for new Air Force One paint job
  • Chinese theft of US intellectual property ‘greatest transfer of wealth’ in history
  • Tax cuts 2.0: What we know so far
  • JetBlue founder’s startup buys 60 Airbus jets in key step to getting airborne
  • Thanks to Amazon, Target just logged its best online sales day this year
  • What glitches? Amazon’s latest Prime Day made ‘history’
  • Putin banker describes minimal effect of Russia sanctions
  • Silicon Valley in danger of becoming obsolete, famed futurist warns
  • Overcoming stereotypes, blazing motorcycle trails
  • Elon Musk should avoid Twitter to run Tesla effectively: Varney
  • Why ‘tax reform 2.0’ could improve retirement security for middle class
  • Stock futures rise following upbeat economic outlook
  • Fed remains on track for further rate increases.
  • Oil prices fall on rise in U.S. stocks, demand worries
  • Brent crude hit a three-month low.
  • United beats earnings expectations
  • The airline said its profit is rising despite surging jet fuel costs.

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

9MarketIndicatorsYahooFinance7.18.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

WarrenBuffettCNBCConstructionTruckingJobsDailyBusinessNEwsMHPoNews

Warren Buffett is the well-known Chairman of the Berkshire Hathaway conglomerate. Berkshire in turn owns Clayton Homes, 21st Mortgage Corp, Vanderbilt and an array of other companies, some of which are noted in the link below. 

Buffett shared his take on construction, trucking and labor.  Notice what he didn’t mention?  In this clip, he spoke about their site builders, but not his manufactured housing unit – Clayton – which owns those conventional builders.  

 

 

Another big of Berkshire news is their announcement that they will more likely move on stock buy-backs, when they believe it is undervalued. 

That video is shown below.

 

Only 3 Options – the Elephant in the Room

 

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).

7.18.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNewsBerkshire 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.

Talking Heads Melt Down, Stocks Rise, DoJ Statement, Bannon Says Look More at China, plus MH Market Updates

July 17th, 2018 No comments

CNNmoney7.17.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe Dow is continuing to recover, and other markets also rose today.  But for those who tuned into much of the hypertexturing media coverage since the US-Russia Summit in Helsinki yesterday, one could be left with the impression that the world was about to come to an end.  Far from it. With geo-politics driving much of the markets this year, that will be our spotlight 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 report is found further below.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

Part of this unique business-daily 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.

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.

 

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhpronews.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

Select bullets from CNN Money…

  • ·        CEOs are dumping stock in their companies. Here’s what that means
  • ·        nvestors should breathe easy — for now
  • ·        Amazon’s Prime Day is off to a red hot start, despite glitches
  • ·        Analysis: Netflix wants to be the future of TV. It isn’t there yet
  • ·        Netflix has its first hits in India. It needs a lot more
  • ·        EU and Japan sign trade deal covering a third of the world’s economy
  • ·        Goldman Sachs names David Solomon as next CEO

 

  • ·        The new CEO of Goldman Sachs is a part-time electronic dance DJ
  • ·        Judge vacates order requiring Los Angeles Times to alter published story
  • ·        Will Uber’s CEO still be able to save the brand’s image?
  • ·        Trump finds few defenders as news media covers his ‘betrayal’
  • ·        Will Elon Musk’s antics hurt his businesses?
  • ·        Warren Buffett gives $3.4 billion to charity
  • ·        Jeff Bezos is now worth more than Bill Gates and Larry Page combined
  • ·        Fed’s Powell: Best way forward is to keep raising rates
  • ·        With the Jaguar I-Pace, electric SUVs are off to a great start
  • ·        Corona’s parent sharpens pitch to Hispanic drinkers

 

  • ·        Looking for a home in Berlin or Budapest? Prepare to pay more
  • ·        hy Bank of America branches are disappearing
  • ·        Amazon’s Prime Day outages trip up shoppers
  • ·        Why oil prices are suddenly tanking
  • ·        News outlets rally around LA Times after judge’s controversial order
  • ·        Former oil CEO charged with exchanging corporate favors for personal loans
  • ·        ‘Helsinki has frozen over’: Late night blasts Trump-Putin summit
  • ·        The best stock this year isn’t Netflix. It’s…
  • ·        Wall Street’s $6.3 trillion man is worried about a trade war
  • ·        This could be the Rolls-Royce of flying taxis
  • ·        What your Venmo transactions say about you
  • ·        Uber is under a federal investigation for gender discrimination

Select Bullets from Fox Business

·        Tax cuts 2.0: What we know so far
·        Rep. Brady: We would like to vote on a new tax bill by September
·        Walmart mulls video streaming service to rival Netflix, Amazon: report
·        Banking analyst predicts next bubble about to burst
·        Nasdaq hits fresh record as investors confirm love for tech
·        Key retirement changes to watch for
·        Papa John’s founder alleges extortion, says he shouldn’t have resigned
·        MLB All-Star Game bonuses: What winning players will earn
·        Why Amazon is the ‘Roman Empire’ of the retail world

·        Microsoft CEO calls for AI regulation of facial recognition technology
·        Fed’s Powell: ‘Several years’ of strong jobs, low inflation still ahead
·        Rolls Royce designing its first flying taxi

·        ESPN to broadcast an eSports competition with a $1.4M prize
·        Trump has firm grip on Republicans, while Democrats become more divided: Varney
·        Walmart, Microsoft take aim at Amazon with cloud tech
·        How much will Microsoft’s pivot to the cloud boost quarterly earnings?
·        This Under-the-Radar Ancillary Marijuana Stock Just Reported a Near-Tripling in Q3 Sales
·        This ancillary pot stock offers plenty of potential, but industry maturation is sorely needed.
·        Germany, EU launch talks on Russia-Ukraine gas transit
·        Markets Right Now: After an early wobble, stocks turn higher

 

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

9MarketIndicatorsYahooFinance7.17.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

DOJIndictmentsLogoDailyBusinessNewsMHproNews

DOJ logo provided under fair use guidelines.

Much of the mainstream media reporting, including several on both sides of the political aisle – even several on sources like Fox News – could leave one with the impression that President Donald J. Trump “committed treason.”

What?  Didn’t President Barack Obama say less than 2 years ago that there was limited value or no use to even trying to get Russian President Vladimir Putin to admit that they meddled in the 2016 election?  Who’s watch did the meddling take place on? Rephrased, hypocrisy and a lack of clear-headed analysis were on full display in roughly the last 30 hours.

The key fact being overshadowed is what Special Counsel Robert Mueller’s investigator’s obtained a grand jury indictment of 12 Russians revealed.

In a release to the Daily Business News on MHProNews, the DoJ headline read as follows.

Grand Jury Indicts 12 Russian Intelligence Officers for Hacking Offenses Related to the 2016 Election.”

The last 3 paragraphs of the DoJ press release begin the key point for Americans to consider.

 

There is no allegation in the indictment that any American was a knowing participant in the alleged unlawful activity or knew they were communicating with Russian intelligence officers. There is no allegation in the indictment that the charged conduct altered the vote count or changed the outcome of the 2016 election,” stated the DoJ release.

Rephrased, there was no collusion or allegation of a criminal tie in between the Trump campaign and these alleged Russian offenders.

The DoJ also said, “Everyone charged with a crime is presumed innocent unless proven guilty in court. At trial, prosecutors must introduce credible evidence that is sufficient to prove each defendant guilty beyond a reasonable doubt, to the unanimous satisfaction of a jury of twelve citizens.

This case was investigated with the help of the FBI’s cyber teams in Pittsburgh, Philadelphia and San Francisco and the National Security Division. The Special Counsel’s investigation is ongoing. There will be no comments from the Special Counsel at this time.”

With that backdrop, CNBC will be doing an interview with former Presidential adviser Steve Bannon. Readers may recall that the president distanced himself from Bannon, after some odd statements in the aftermath of one of the anti-Trump books that Bannon was commenting on at the time.

But that was then, and now Bannon is giving a full-throated defense of the president. He said that the greater threat is China, not Russia.

Per CNBC,President Donald Trump’s former chief strategist Steve Bannon said Tuesday that Trump needs to end the Cold War on “our terms,” a day after the president appeared with Russian leader Vladimir Putin in Finland.”

POTUS knows he needs to end the Cold War on our terms, and unite the West against the rise of a totalitarian China,” Bannon told CNBC’s Michelle Caruso-Cabrera.

The reality is that the Russia, China, the U.S., England, France, Israel, Iran, North Korea and on down the list of nations meddle in the internal affairs of other countries.  Each of those nations, and dozens of others, have done so for years. This is a sad display of a lack of understanding of history and political realities.

The strengthening of NATO that is being brought about by President Trump’s leadership is clearly aimed against Russia.  President Putin no doubt understands that reality. U.S. voters should too. “We Provide, You Decide.”  © 

 

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).

7.17.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

“From Impossible to Inevitable,” Black Fly, plus Manufactured Housing Market Updates

July 16th, 2018 No comments

CNNmoney7.16.2018ManufacturedHomeStocksMarketsReportsMHProNewsThere’s not much of a direct link between the newly unveiled BlackFly personal flying vehicle and manufactured housing. So why bother?  Because it is one of a range of technologies that could transform travel, especially for commuters.  That in turn could make living in a more rural area appealing, and thus offer additional options for housing seekers, which include manufactured homes.

 

Black Fly will be our fun, video focus 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 below, just before the tracked stock closing tickers.

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

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.

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…

  • Uber is under a federal investigation for gender discrimination
  • Jeff Bezos worth $150 billion as Amazon hits all-time high
  • Why oil prices are suddenly tanking
  • Will Elon Musk’s antics hurt his businesses?
  • Former oil CEO charged with exchanging corporate favors for personal loans
  • Wall Street’s $6.3 trillion man is worried about a trade war
  • Why Bank of America branches are disappearing
  • Adidas joins the fight against plastic
  • Papa John’s founder kicked out of his office
  • China’s economy slows just as the trade fight begins
  • The best stock this year isn’t Netflix. It’s…
  • Elon Musk makes unfounded accusation against Thai cave rescuer
  • Analysis: Big tech isn’t as interested in media as we thought
  • How companies change their packaging without alienating customers
  • Judge’s order for LA Times to alter published story sparks outrage
  • How innovation saved Detroit
  • FCC chair expresses ‘serious concerns’ about Sinclair’s bid for Tribune
  • Deutsche Bank is making money again
  • China is making it harder to invest in smartphone maker Xiaomi
  • Will Uber’s CEO still be able to save the brand’s image?
  • Box office hero: Why ‘The Rock’ is ‘a franchise unto himself’
  • Twitter suspends 2 accounts linked to Russian intelligence after hacking indictment
  • The Justice Department drove a stake through the heart of Comcast’s bid for Fox
  • Firm that designed Ferraris is making a 250 mph electric supercar
  • What happens when brands try to go green
  • Wells Fargo finds even more customers that it overcharged
  • How do you rebrand Papa John’s when the problem is Papa John?
  • Papa John’s to remove founder’s image from ads
  • ZTE can once again do business with American companies
  • Justin Bieber and Katy Perry among Twitter users hit hardest by follower purge
  • JPMorgan Chase makes $8.3 billion profit thanks to ‘healthy’ US consumers
  • Wells Fargo’s scandals are hurting its bottom line
  • Larry Page invests in another flying car startup
  • Uber teams up with Lime scooters for latest non-car offering

Select Bullets from Fox Business

  • Trump touts US energy, will compete against Russia’s gas pipeline to Germany
  • Trump, Putin summit: Top economic issues
  • Putin bashes financier Bill Browder’s business associates over taxes
  • Implications of Russia aggression in Middle East
  • Putin announces creation of ‘high level working group’ for entrepreneurs
  • Amazon shrugs off boycott ahead of Prime Day
  • Boeing starts air show with order for jets worth $4.7B
  • FCC chair voices ‘serious concerns’ about Sinclair-Tribune deal, stocks tumble
  • WWE can rake in billions with these deals
  • BlackRock is evaluating cryptocurrencies, CEO says
  • Lockheed likely to lower F-35 cost for new Pentagon contract
  • ETFs for a recession
  • US consumers give retailers something to cheer about
  • International flows into ETFs outpacing US flows: Tom Lydon
  • 5 years after declaring bankruptcy, Detroit reborn at a cost
  • Amazon Prime Day 2018: How to score the best deals
  • Why do Baby Boomers start their own business later in life?
  • Boomers cited positive reasons for pursuing business ownership in 2018.
  • Global Trade War Fears Stunted ETF Industry Growth
  • What Should You Make of 3M Company Stock’s 16.4% Drop in 2018 So Far?
  • Don’t read much into 3M stock’s weakness.
  • Dominion gets 1st level of approval to merge with SC utility
  • US: Sanction exemptions open to those reducing Iran imports

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

9MarketIndicatorsYahooFinance7.16.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

BlackFlyVTOLForbesManufacturedHousingIndustryDailyBusinessNewsMHProNews

The headline quote is from the video, posted below.

CBS this Morning broke the story last week about the first public look at the previously secret Silicon Valley facility where the aircraft called “Blackfly” is being built.

If the reports end up accurate, someone could buy a manufactured home, plus buy one of these VTOLs (Vertical Takeoff and Landing) and still be dollars ahead from purchasing a similar sized conventional house.

 

 

Forbes observes that BlackFly has more of a UFO look to it than other VTOLs and personal flying vehicles out there.

Utilizing eight small rotors spread across two parallel wings, it takes off by sort of rolling on and off the ground via its rounded belly, which makes it look a little bit like an old school rocking horse,” said Forbes.

Opener is the firm that is building the craft. They say it designed BlackFly with “triple-modular redundant flight systems, control surfaces, and sensors” to ensure safety and has flown over ten thousands miles of test flights.

There’s an auto-landing and return-to-home features to add extra usability.

Opener says the single passenger, joystick-operated system requires no formal licensing in the U.S. to fly, but the company will mandate that users take the FAA Private Pilot written examination and complete its own operator training.

At present, the system won’t be useable over a city. But as the technology develops, restrictions are likely to be eased, especially since others such as Google and Uber are developing their own flying vehicles.

Perhaps the more likely candidate to disrupt potential commutes affordably is the hyperloop.  For our recent report on that, click the below.

The bottom line for industry professionals and investors is this.  It should be obvious that the industry must continue to pursue what MHARR president Mark Weiss said was the full implementation of the Manufactured Housing Improvement Act of 2000.  That would include enhanced preemption.

But that other development – namely that technology could allow more to commute more readily from a more rural to a more urban or suburban locale – is not to be missed.

It is one of several developments that point to potentially brighter days ahead for manufactured housing.

Can the Hyperloop Benefit Manufactured Housing, Millions of Home Seekers? w/Videos

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).

7.16.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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 Just Did What? Plus Manufactured Housing Industry Market Updates

July 13th, 2018 No comments

CNNmoney7.13.2018ManufacturedHomeStocksMarketsReportsMHProNewsFor the better part of the first six months of 2018, stocks on the Dow and other markets have reacted – mostly negatively – to a series headlines out of Washington, Beijing, North Korea, Canada, the Eurozone – you name it.  But today, after the so-called trade war – new tariffs – between the U.S. and China is already underway, and with tough talk with trading partners in NAFTA, Europe and Asia…the Dow just crossed 25,000 again, and the Nasdaq is perched near record territory. 

 

Check out our market 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 report is found further below, just beyond the Market Summaries for today.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

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.

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.

 

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhpronews.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

Select bullets from CNN Money…

  • The Justice Department drove a stake in the heart of Comcast’s bid for Fox
  • ZTE can once again do business with American companies
  • Wells Fargo finds even more customers that it overcharged
  • Wells Fargo’s scandals are hurting its bottom line
  • Prices are rising faster than they have in six years
  • Justin Bieber and Katy Perry among Twitter users hit hardest by follower purge
  • JPMorgan Chase makes $8.3 billion profit thanks to ‘healthy’ US consumers
  • How do you rebrand Papa John’s when the problem is Papa John?
  • Papa John’s to remove founder’s image from ads
  • Papa John’s was already losing the pizza wars
  • Trump ratchets up ‘fake news’ rally cry overseas during UK visit
  • Britain probably can’t have what it wants with both the EU and the US
  • Google and Facebook could both be caught in the trade war
  • AT&T’s Randall Stephenson isn’t worried about Time Warner deal
  • Government appeals AT&T-Time Warner approval
  • US oil exports have more than quadrupled since 2015. That boom is now in danger
  • Apple is spending millions to clean up China’s environment
  • Ikea just delayed its big debut in India
  • MoviePass’ stock is 19 cents. The CEO says everything is fine
  • Northrop Grumman’s CEO is stepping down
  • Commerce Secretary Ross admits to ‘errors’ in failing to divest assets
  • Firm that designed Ferraris will make 250 mph electric supercar
  • Is the binge over for Netflix stock?
  • Another problem for Tesla’s Model 3
  • Apple’s MacBook Pros get a refresh
  • Airlines are starting to worry about rising fuel costs
  • India now has the ‘world’s strongest’ net neutrality rules
  • The US is fighting one of the world’s poorest countries over trade
  • Fighting with US on trade literally hurts our economic growth, EU says

Select Bullets from Fox Business

 

  • Dow hits 25K as it wraps winning week
  • S. stocks wrap winning week.
  • Amazon considers another business it could dominate
  • Big tech: Here’s where, and why, you should invest
  • Homeowners sitting on record equity, still afraid to take out loans
  • Rising interest rates are one reason homeowners are hesitant to take out loans.
  • UPS reaches tentative deal with union members
  • Justice Department charges make Mueller bulletproof: Judge Napolitano
  • What Amazon founder Jeff Bezos plans to charge for a trip to space
  • Instagram users hit with temporary outage
  • Papa John’s to stop using founder Schnatter’s image in marketing campaigns
  • Your gym membership could soon earn a tax break
  • AT&T CEO Stephenson ready to battle DOJ and win
  • Target offering deals on Amazon Prime Day
  • Meet the Shoe Surgeon, designer of $30,000 custom sneakers
  • Best and worst states for retirement
  • Justice Department to appeal AT&T-Time Warner case
  • Sun Valley Conference: Sinclair-Tribune deal nears DOJ approval

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

9MarketIndicatorsYahooFinance7.13.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

StockMarketGuysStaringManufacturedHousingIndustryDailyBusinessNewsMHProNews

U.S. stocks wrapped a winning week on Friday with the Dow Jones Industrial Average closing above the psychologically significant 25,000-point milestone, a one-month high,” said Fox Business. “The S&P 500, the broadest measure of stocks, reached a 5-month high and the Nasdaq Composite even better, sitting at a record. A string of new records for some big tech names helped drive the momentum as Amazon, Microsoft, Facebook and Google each hit all-time highs Friday.”

 

Outside of tech, the broader momentum on the final trading day of the week was powered by solid earnings reports from a handful of big banks and easing concerns over a prolonged trade war,” per Fox Business.

A growing range of voices are saying something similar to what the White House has said.  They expect revised trade deals to begin to emerge in the days ahead. Germany and others are signaling deals to come.

Stay tuned.

There were more risers than sliders in manufactured housing markets.  See the Bloomberg tracked stock closing ticker, below.

 

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).

7.13.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNewsBerkshire 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.”

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

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

“Protecting & Promoting Competition” Stunned Defendant, as DOJ OK’s Anti-Trust Appeal, Plus MH Market Updates

July 12th, 2018 No comments

CNNmoney7.12.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe Department of Justice’s (DOJ) anti-trust division has the slogan, “Protecting and Promoting Competition.” It sums up why this issue matters to thousands of manufactured home industry professionals, and consumers. Rephrased, this rule could impact every manufactured home industry professional, regardless of what company or organization you are working for today.  The update on the anti-trust case will be tonight’s spotlight.

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 below, just beyond the Manufactured Housing Composite Value for today.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

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.

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 stock is 19 cents. CEO says everything is fine
  • Why investors should worry about plunging copper and soybean prices
  • Is the binge over for Netflix stock?
  • Nike’s digital reboot is working
  • US-China trade brawl threatens America’s booming oil exports
  • India now has the ‘world’s strongest’ net neutrality rules
  • Airlines are starting to worry about rising fuel costs
  • Britain wants to do more business with America. Its plan for Brexit won’t help
  • Uber saved its London business. Europe may be tougher to crack
  • Europe says trade fight with US will hurt economic growth
  • The US is fighting one of the world’s poorest countries over trade
  • Stitch Fix wants a piece of the kids’ clothing market
  • Why perks aren’t the answer to employee retention problems
  • The crippling US ban on ZTE is almost over
  • Tesla ‘whistleblower’ tells SEC carmaker misled investors and put customers at risk
  • Papa John’s chairman resigns after using N-word on conference call
  • Robinhood expands crypto offerings
  • Comcast outbids Fox in the fight for Sky
  • Rupert Murdoch plans new Sky bid
  • Buying Fox would make Disney the ‘Walmart of Hollywood’
  • Business Insider columnist quits after Scarlett Johansson story deleted
  • Disney bets on eSports
  • Uber’s HR chief is out after a racial discrimination probe
  • The world’s most important business link is at risk
  • The US is running out of Chinese exports to tax
  • Can kitchen tech reduce excessive food waste?
  • Pfizer’s not the only drug company raising prices
  • 10 years ago: IndyMac collapses and starts a flood of bank failures
  • Germany’s not the only country that still needs cheap Russian gas

Select Bullets from Fox Business

  • Best and worst states for retirement
  • Justice Department to appeal AT&T-Time Warner case
  • Stocks rebound after tariff threat sell-off
  • Rising oil demand may outstrip supply, boosting economy
  • Importers snap up cheap US soybeans as China stops buying
  • Why Trump slammed Germany for gas pipeline deal with Russia
  • Wealthy investors find lucrative tax loophole
  • Netflix tops HBO in Emmy nominations amid spending push
  • Forbes faces backlash over dubbing Jenner a ‘self-made’ almost-billionaire
  • No more tickets? MLB fans will soon use fingerprints, facial recognition instead
  • Papa John’s Chairman Schnatter resigns after using racial slur
  • Tesla customers could lose thousands in tax credits next year
  • Microsoft may relocate jobs over Trump immigration policy
  • Higher living costs outrunning pay hikes
  • Monsanto to get flooded with thousands of cancer-related lawsuits
  • Why South Dakota is now ranked the best state to retire
  • Trump tariffs would do ‘opposite’ of tax cuts, retail experts warn

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

9MarketIndicatorsYahooFinance7.12.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.12.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

DOJFTC-AntiTrustProtectingPromotingCompetitionManufacturedHousingINdustryDailyBusinessNewsMHproNews

CNBC confirmed today the report broken last night by Fox Business and spotlighted in our topical curation for manufactured housing industry professionals.

Per CNBC:

  • Justice Department authorized the appeal of the Time Warner-AT&T merger
  • The AT&T-Time Warner merger was “won approval in June from a federal judge, who did not impose conditions on the merger.”
  • The Justice Department argues that the combined company would decrease competition and raise prices for consumers.
  • While there are legal authorities on both sides of this issue, there are those who believe that some of the concerns raised in this anti-trust deal, could apply to Clayton Homes, Berkshire Hathaway, and their associated lending units.

The updated video by Fox Business – made available to MHProNews less than an hour ago – is shown below.

The link to yesterday evening’s more detailed report – with links to several related issues and thus potential impacts Berkshire Hathaway, Clayton Homes, et al, is found in the report linked below.  Berkshire Hathaway slid a fraction today.

DOJ Anti-Trust Division Looking to Appeal Decision, 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).

7.12.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

DOJ Anti-Trust Division Looking to Appeal Decision, Plus Manufactured Housing Market Updates

July 11th, 2018 No comments

CNNmoney7.11.2018ManufacturedHomeStocksMarketsReportsMHProNewsDepending on who you ask in MHVille, the AT&T/Time Warner deal ruling either has little meaning for manufactured housing companies, or it may have real significance. What is now being revealed, is that the Trump Administration DOJ is considering an appeal.  That will be our 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 below, just beyond the Manufactured Housing Composite Value for today.

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

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.

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…

  • Trade war? Here’s why investors should really worry
  • Why the Dow is getting left in the dust
  • Mohamed El-Erian explains the big risks investors face
  • Europe and the US have the world’s most important business ties
  • Foreign investment in the United States plunged 32% in 2017
  • Analysis: Will Brian Roberts lose it all?
  • Oprah expands her food empire
  • Twitter is purging suspicious accounts from your follower count
  • Facebook faces maximum fine in UK for data scandal
  • A Russian company also had access to Facebook user data
  • YouTube says it has a plan to stem the flow of ‘fake news’ videos
  • Apple and Google face questions on smartphone data privacy
  • Tim Hortons is moving into China
  • Pfizer freezes price hikes after Trump complains
  • Wall Street has Trump whiplash
  • Tickets for Sean Spicer book launch party going for up to $1,000
  • Tax cut triggers $437 billion explosion of stock buybacks
  • Germany isn’t the only country that still needs cheap Russian gas
  • India pours $305 million more into its money-losing airline
  • China is owning the future of cars. German automakers want in
  • Tesla is going big in China
  • How Thailand became the ‘Detroit of Asia’
  • The retirement mistake that could cost you $100,000 or more

 

Select Bullets from Fox Business

  •  Solicitor general balking at DOJ plan to appeal AT&T-Time Warner deal
  • Oil down 5% as new supplies cause traders to sell
  • Trump rally: Hottest sectors since Election Day
  • Stocks slide as US prepares $200B in tariffs on Chinese goods
  • China says will hit back after US proposes fresh tariffs on $200B in goods
  • Future of Fox entertainment assets in focus at Sun Valley conference
  • Papa John’s founder apologizes for using racial slur, shares sink
  • Kylie Jenner set to be the youngest-ever self-made billionaire
  • Macy’s data breach exposed credit card information for some online shoppers
  • Congress eyes truck driver shortage solution
  • Oprah just invested a ‘significant’ amount into this restaurant business
  • Monsanto to get flooded with thousands of cancer-related lawsuits
  • Tax law to make divorce proceedings messier
  • Trump ups NATO contribution target as allies lag on defense spending
  • Kavanaugh could make red wave probable in Senate come November: Varney
  • Will Comcast try to outbid Fox for Sky?
  • Feds order shut down of Vermont immigrant investor center
  • Why Fastenal Company Stock Popped 10%

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

9MarketIndicatorsYahooFinance7.11.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.11.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

AntiTrustDivisionDeptOfJusticeManufacturedHousingIndustryDailyBusinessNewsMHproNews

Depending on who you ask in MHVille, the AT&T/Time Warner deal ruling either has little meaning for manufactured housing companies, or it may have real significance. What is now being revealed, is that the Trump Administration DOJ is considering an appeal.  That will be our focus for this evening.

 

Obvious disclosure, we are not attorneys nor are we the even more specialized class of lawyers and legal scholars who work on anti-trust related issues.

That said, in recent years, as MHProNews has covered periodically, concerns about Berkshire Hathaway, Clayton Homes, and allegations of monopolistic practices have been brewing.  The Seattle Time revealed what MHProNews readers already knew, namely, that federal officials are looking at several issues that involve Clayton and their lending related units, Vanderbilt Mortgage and Finance (VMF), and 21st Mortgage Corp. (21st).

As an FYI, there is an unrelated story about 21st and their lending that is brewing, which we plan to bring in the days ahead as the details become more clear.

Against that backdrop, the word that there is a battle within DOJ to appeal the AT&T case loss is noteworthy.  Fox Business’ Charlie Gasparino comments on the developments in this video. That said, the DOJ antitrust division is looking to appeal AT&T-Time Warner ruling, reports Charlie Gasparino.

 

 

Antitrust officials in the Justice Department (DOJ) have privately decided to appeal a federal judge’s approval of AT&T’s planned $85 billion takeover of Time Warner, but are facing resistance from the most important player in the process, the office of the U.S. Solicitor General.

 

The Fox Business Network has learned from people close to the DOJ’s antitrust division that an appeal of the landmark ruling by U.S. District Judge Richard Leon is all but a certainty if Solicitor General Noel Francisco approves the action.

But that approval, which is being sought by antitrust chief Makan Delrahim, faces resistance from the Solicitor General’s office, which must approve any appeal made by the DOJ either in federal courts or the Supreme Court, these people said.

The view in the Solicitor General’s office is that the government has limited capabilities of successful appeals and you don’t want to squander those on cases that are borderline,” said one government official who spoke on condition of anonymity,” said the Fox report.

Gasparino makes it sound like the anti-trust attorneys involved believed their odds are good.

That said, whatever the decision in this particular case, it supports the notion that in the foreseeable future, more anti-trust cases may be heard.  Will Clayton, 21st, VMF and Berkshire Hathaway be among them?  Or what about Amazon, Facebook and Google’s parent company, Alphabet?

Time will tell, stay tuned.

Related Reports:

Facebook, Marketing & News – Manufactured Housing Pros, Sarah Miller, ‘Citizens Against Monopoly’ Sound the Alarm

Breakup “Massive Power” of Giants, “Subvert Our Democratic Process” Says Senator Cruz, & MH CEO’s Call for “Fully Competitive Housing Access”

Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines

Progressive “Nation” Reports on Monopolies Cites Buffett, Clayton, Others – MH Industry Impact?

 

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).

7.11.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

 

Skyline Corp, Champion Home Builder M&A Updates, Stockholder Insights

May 25th, 2018 Comments off

SkylineCorpLogoSKYChampionHomebuildersLogoManufacturedHousingIndustryDailyBusinessNewsMHProNews

Skyline Corporation and Champion Enterprises Holdings, LLC, the parent company of Champion Home Builders, Inc., previously announced merger/acquisition (M&A) is set to close within the next two weeks, according to sources familiar with the matter.

 

Recent press releases have not announced a set date, but they have pointed to a closing expected before the end of the first half of 2018.

SkylineCorpStrengthKnowledgeTrustSnapshotlogoDailyBusinessNewsManufacturedHousingINdustryMHProNews

Skyline (SKY) shares have soared since the announcement, as the graphic below reflects.

SkylineCorpBloombergStocksDailyBusinessNewsMHproNews

The one year stock performance tells a tale, note the line for the day the M&A deal was announced.

A stockholder told the Daily Business News that their firm expects the stock to rise even higher once the M&A is complete.

That source in an emailed message – quoting verbatim – said:

“- first broker picked up coverage on the stock today-price target 37$

– Your going to see a lot more activity next week after the deal closes. I bet 3-4 banks pick up coverage on the stock. 

-These guys + CVCO have wind at their back – housing inv is tight, prices moving up on site built, no major capacity coming on

While there are some new production centers – including one for Champion – being established, as MHProNews has previously reported, the points made by a verified stockholder are interesting ones.

In a release last week, the Daily Business News was advised, “Skyline Announces Intent To List On The New York Stock Exchange…” and, another release stated that the stock will declare a special dividend in a matter of days.

As a disclosure, MHProNews takes nor holds a position on any industry stock. Champion is one of those companies that have been making the move to “go vertical” in recent years.  They did so in the 1990s as well.

Stay tuned for the anticipated announcement, which per sources could be completed on or before the middle of June, 2018.

LawrenceYunNARShort8.3MillionHousingUnitsRisingRentsHousingPricesCuredOnlyByMoreBuilding

That M&A would give the new Skyline/Champion the number 2 position in the industry, ahead of Cavco, but still dwarfed by Clayton Homes.

MobileHomeShipmentsManufacturedHomeShipmentChartMHIAShipmentsMHIndustryChampionSkylineHUDCodeDailyBusinessNewsMHProNews

It continues the trend of consolidation within manufactured housing, which concerned members say that the Manufactured Housing Institute (MHI) may be fostering, a claim that MHI has neither affirmed nor denied. However, in a practice similar to other trade associations, MHI issues an antitrust warning in their meetings.  ##  (News, analysis, and commentary.)

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

Related Reports:

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

Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines

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.

 

Legal Maneuvers Continuing in Skyline Corp, Champion Homebuilders Merger Case

April 20th, 2018 Comments off

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.

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

January 25th, 2018 Comments off

BusinessCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018

A few minutes after 9 AM ET, the previously announced conference call between Skyline and Champion took place.

The call lasted about 30 minutes.

There was no Q & A after their presentation.

The presenters generally followed the information provided in their power point.  The meat of the presentation, minus the typical SEC disclaimers, is below.

BusinessCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p2

BusinessCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p3TransactionOverviewBusinessCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p4

ManufacturedHomeShipmentTrendsBusinessCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p5

 

FavorableDemographicTrendsBusinessCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p5

OverviewofChampionCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p7

OverviewSkylineCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p8ExpectedEnhancementShareholderValueCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p9

 

CombinationMarketLeadingPlatformsValueCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p10

SynergiesMightYield10-15Min24MonthsValueCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p11

HighlyAttractiveCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p12

AppendixCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p13

AdjustedEBIDAChampionCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p14

AdjustedEBIDASkylineCombinationSkylineChampionConferenceCallPowerPointDailyBusinessNewsMHProNews1.25.2018p15

Note: some of the screen captures were cropped, but the data remains their same.

A transcript of the call is expected.

Previous Daily Business News reports on this planned merger are shown below.

What’s Happened Since the Skyline (SKY) Champion Homes Deal Was Announced? Plus MH Market Update$

Among the points made verbally where their anticipation of further M&A (mergers and acquisitions) opportunities.  They also pointed to more capital coming into the industry, specifically mentioning Fannie Mae and Freddie Mac beginning their FHFA approved start of chattel lending.

Last night’s closing numbers on Skyline, along with other manufactured home industry connected stocks, can be found at this link here.

MHProNews will continue to monitor this and other such developments for the industry.  ## (News, analysis, and commentary.)

(Image credits 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.

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

$100s of Billions Will Pour into U.S. in 2018, How Much of that Capital Will Deploy in Manufactured, PreFab Housing?

January 6th, 2018 Comments off

$100BillionPourIntUS2018HowMuchCapitalWillDeployinManufacturedPrefabHousingMHProNewsLogo

Executive Summary

The combination of the new tax law, a growing economic boom, and talk by Apple and other tech giants of bringing back to the U.S. some $200-$400 Billion dollars in 2018 alone will create a search for valuable ways to deploy that capital.

With the affordable housing crisis widely publicized, housing is a trillion-dollar a year sector that is poised for even more growth.

As real estate and investment mogul Sam Zell has observed, when others are looking right, go left. Where is “left” in the housing industry?

A sector that has drawn – arguably for the wrong reasons – resistance and pushback.  Who says?   Harvard, among others.

There are already billionaires – including Zell and Warren Buffett – plus thousands of others deeply involved making plays in manufactured housing.  That said, it’s still very much a ’boutique’ industry compared to others.

Plus, some of the ways the industry is being pursued are controversial, and feed into the negative narrative and perspective.

FrankRolfeTrailerParkMillionairesGuardianFeaturesReportAnalysis

Click to read report, and see the Guardian video.

It is precisely because of the mistaken understanding and several arguably problematic practices that can make manufactured housing of interest to those willing to pursue the industry in a best practices, professional, and ethical fashion.

Why Are Billionaires Attracted to Manufactured Homes?

In an industry which for decades has focused on short term thinking, and short term plays, positive and promising reports are often overlooked, and quickly forgotten.

“Po-Dunk” Performer Kid Rock, Eyes Senate Run, Makes Manufactured Home Living Hip

So manufactured housing isn’t a quick buck.

Rather, it should be seen as a long term play, as Buffett’s has been.

Warren Buffett, “the Moat,” Manufactured Housing, Berkshire Hathaway, Clayton Homes, 21st Mortgage, Vanderbilt, Wells Fargo, NAI…

A general overview of housing growth, and expectations of capital pouring into the U.S. are summarized from CNBC reports and a video, below.

That’s followed by quotes, comments, and links that lay out facts – including the just-announced merger of manufactured home producers Champion Home Builders and Skyline Corp (SKY). Their stock surged on the news.

SkylineChampionHomeBuildersMergerPlanAnnounced

Per CNBC

Apple, tech companies to bring back $400 billion in overseas cash to the US: Estimate,” reports CNBC.

In another report form them yesterday, the following.

By all measures, a construction boom is shaping up for 2018

  • The construction industry added 30,000 jobs last month, according to the Labor Department.
  • That brings the sector’s 2017 gains to 210,000 positions, a 35 percent increase over the previous year.
  • Construction spending is also soaring, up to a record $1.257 trillion in November, according to the Commerce Department.
  • Optimism among construction contractors is also at a record high.”

 

Voices within Manufactured Housing, Plus Reports that Point to Potential

As the leading source for manufactured home industry trade news – which also uniquely provides proven and praised professional servicesMHProNews is a useful resource for seeing the reasons why the industry’s potential has not been fully tapped.

(Note: to get our popular emailed headline news updates,
generally twice weekly and read by thousands of industry pros, click here.)

Or as Sunshine Homes President John Bostick – a client company whose experienced serious growth at a pace far higher than the industry at large has said – “Easy doesn’t pay well.”  But intelligent, sustained effort can yield, as it has for them, growth rates that are more than double those of the industry at large, and in the more attractive residential product side.  That’s where the biggest opportunities are in manufactured housing, without ignoring the that there is also growth potential for commonly pursued ‘entry level’ manufactured homes.

JohnBostickPresidentSunshineHomesRedBayAL-OurIndustryProvidesGreenAppealingOptionsWeeksNotMonths-DailyBusinessNews-MHProNews

Investor Take Away

This is one of those ‘look left’ opportunities within the manufactured home industry. While much of the industry pursues ‘entry level,’ or ‘shade and shelter’ product, the results being achieved by Sunshine and others using more upscale product reveals what real estate research also reveals.  This is where arguably the growth opportunities are in manufactured homes today.

This isn’t easy, but smart money is deployed and being attracted in manufactured homes and communities, using this approach.  An example is shown in the video below.

Third Party Reports, Quotes that Point to far Greater Potential

Recent concerns over housing affordability for low-income households appear to be difficult to resolve by developing policy options that focus only on traditional single-family owner-occupied dwellings and/or rental apartments. In terms of developing a housing policy that would improve the quality of housing for lower income families, it seems appropriate to explore the merits of an often-ignored alternative, namely manufactured housing. – Eric Belsky, Harvard.

“Credit is the lifeblood of housing”.Eric Belsky, Harvard.

MultipleReasonsExpectManufacturedHousingDoBetterThanSiteBuiltHousingEricBelskyEecDirJointCenterHousingStudiesHarvardUnivDailyBusinessNewsMHProNews

At the time Belsky made this prediction, manufactured homes were selling over 250,000 new units per year. This year, MH won’t reach 40,000 of that total. What happened?

SamZellManufacturedHousingIndustryManufacturedHomeCommunitiesMastheadIndustryCommentaryMHProNews

ELS’ Sam Zell – Compliance Costs Destroys Smaller Businesses = Consolidation

The National Association of Realtors’ ™ (NAR) Chief Economist, Lawrence Yun, estimates the immediate need for 8+ million housing units.

NAR’s Yun – No Quick Fixes Spell$ Manufactured Housing Opportunitie$

NAR’s findings are similar, but from a different perspective, than the National Low Income Housing Coalition’s research revealed.

NLIHC CEO Responds on HUD’s Worst Case Housing Needs Report, MH Leader Reacts

Several tech sector giants are making related plays in PreFab or Modular housing – precisely for the kinds of reasons that Belsky cited. But they have not yet made announced moves into far more affordable manufactured housing ‘done correctly.’

$58,000 PreFabs, Videos, Updates of More Hi-Tech Backers

Google’s Going Modular Housing

Plans for Floating Modular Cities, “Seasteading” is Becoming Reality

Are Americans Hunting for the Single Sectional Manufactured Home Alternative?

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

How Other People’s Pain (Artificial, Accidental, and/or By Design), Creates Opportunities, and
Why What Looks Like Headwinds Can Be Reversed With Bold, Long Term Strategies

Killing Off 100s of Independent Manufactured Home Retailers, Production Companies – Tim Williams/21st Mortgage “Smoking Gun” Document 2

Applying Zell’s mantra of looking where others aren’t as focused, and exploring the causes of why manufactured homes aren’t already soaring yields some surprising insights for those willing to make the long term plays, as Warren Buffett and Sam Zell have done.

But it is arguably precisely by ignoring some of the problematic parts of the Buffett dominated Manufactured Housing Institute (MHI) moves that the greatest opportunities may be found.  Because they are either clumsy in carrying out their own agenda, and/or clever in setting the table in a way that is choking off smaller firms that is leading to an accelerated consolidation of them by larger ones.

Manufactured Housing Institute VP Revealed Important Truths on MHI’s Lobbying, Agenda

Duty To Serve, “Complete Waste of Time” per Tim Williams, CEO/21st Mortgage; POTUS Trump, Warren Buffett Insight$

HUDCodeManufacturedHomeProgramShakeupDrainTheHUDSwampManufacturedHousingIndustryDailyBusinessNewsMHProNews425

Enhanced preemption is precisely, combined with other advantages found in manufactured homes already, that makes manufactured housing so attractive.

Thus, when the truly bold ‘move’ for growth by the giants are finally made – and they themselves are signaling that they are close to doing so – the big money can be earned.

FollowTheMoneyPayMoreAttentionToWhatPeopleDoThanWhatTheySayMartyLavin6MillionYachtManufacturedHousingIndustryDailyBusinessNews600

Lavin is an MHI award winner, and a success story in communities, retail and finance.

“Perverse”–Warren Buffett-Dodd-Frank, CFPB, Manufactured Housing, Loans, Independent Businesses Fact Check$

Accelerated growth is already being earned in local markets.

Manufactured Housing Monday Morning Sales Meeting: Finance & Industry Facts, Figures, Sales Tip$ Improving Best Practice$

Smart players are already in, and going deeper in.

Sam Zell, Randy Rowe, John Bostick, Terry Decio, Joe Stegmayer, Marguerite Nader, Barry Noffsinger – Manufactured Home Industry Interviews

Terry Decio, Skyline Homes, “The Secret” – The Rest of the Story

2018 Outlook-Crisis Spell$ Opportunity, Per Leonard Kiefer, Freddie Mac Data

With hundreds of billions coming into the U.S. expected in 2018, will some of that find its way into MH?  Would it surprise anyone if it does, given that billions have already gone into community and other acquisitions?

Bloomberg, HousingWire, Realtor and Fox all suggest Manufactured Homes as Important Solution for Affordable Housing in America

“The Solution to the Affordable Housing Crisis is Hiding in Plain Sight”

Programing Notice

The next Monday Morning Sales Meeting will have more on what current players – even modest ones – can do in their local markets to tap into the solution for the affordable housing crisis hat is hiding in plain sight. That will be published Monday, January 8th. “We Provide, You Decide.” ©
(News, analysis, commentary.)

(Image credits 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.