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Posts Tagged ‘Sun Communities Inc.’

Fed Chair Powell Challenges Theory Behind Sanders, AOC, Progressive Green New Deal Plans, plus MH Market Updates

February 26th, 2019 Comments off

CNNmone2.26.2019ManufacturedHomeStocksMarketsReportsMHProNewsAs AOC is getting blowback from members of her own party, and pushback from the GOP or others.  So it’s interesting to note that today, Federal Reserve Chairman Jerome Powell weighed in on some Green New Deal connected notions too. On a mixed day on the markets, Powell’s take will be on featured work. 

 

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.

 

CNBCLeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • The United Auto Workers union is suing General Motors for its plan to shutter three plants
  • Here’s what it would take for Tesla to be done with Elon Musk
  • Elon Musk’s SEC fight: Here’s what could happen next
  • Here’s when the cash crunch will hit if the US debt limit isn’t raised
  • LIVE UPDATES One of Elon Musk’s biggest allies is annoyed with him
  • Fed chair is in no rush to raise rates
  • Why the Fed’s next move may be a rate cut
  • Elizabeth Warren accuses the Fed of working for ‘big, rich banks’
  • Appeals court backs AT&T acquisition of Time Warner
  • LIVE UPDATES Stocks dip — but finish off worst levels
  • Jeff and MacKenzie Bezos top list of biggest philanthropists in 2018
  • Warren Buffett says he can’t beat the S&P 500
  • PERSPECTIVES The case for banning stock buybacks
  • Content by LendingTree
  • Refinance rates just dropped (15 year fixed). Lock in now!
  • The UK is not ready for Brexit. Business will pay a high price
  • GE just spun off its locomotive unit. Workers immediately went on strike
  • 5G is revolutionary but will anybody pay for it?
  • You’ve heard about it, but do you know what 5G is?
  • The real 5G winners: Tower companies
  • Here’s when you can get 5G
  • Sprint sues AT&T, alleging it falsely brands 4G as 5G
  • This could mess with the world’s 5G plans
  • Layoffs hit women and minorities hardest. Here’s why
  • The subtle art of calling in sick
  • How to land a new job in 2019
  • Want to get hired? Your résumé should look like this
  • 7 signs you’ve outgrown your job

Select Bullets from Fox Business

  • Alexandria Ocasio-Cortez’s Green New Deal could cost $93 trillion, group says
  • Kennedy: AOC’s Green New Deal would create unthinkable taxation
  • Auto workers sue General Motors over plant closures
  • Stocks close lower following Fed’s Powell testimony, better-than-expected consumer confidence
  • New Zealand firm’s 4-day workweek works, others should follow
  • Fed’s Powell again signals ‘patient’ rate hike approach, warns of crosscurrents
  • New York might not want Amazons’ HQ2 – but these cities do
  • Bra shop ThirdLove eyes Victoria’s Secret, gets big boost from investors
  • How Latin America would be impacted by a regime change in Venezuela
  • Trump may veto gun certain control bills
  • The ‘Fortnite effect’ shakes video game industry, but is it here to stay?
  • Trump admin to investigate tech sector for anticompetitive behavior
  • China’s President Xi is in trouble the longer these talks drag on: Michael Pillsbury
  • AT&T-Time Warner deal upheld as DOJ loses appeal
  • Elon Musk needs to prove he’s not in contempt by March 11
  • Fiat Chrysler to launch $4.5B investment in Michigan plants
  • Tax evasion by the rich and powerful: An in-depth look with FBN’s Charles Payne
  • Vietnam, site of Trump-Kim summit, is a hot market for luxury property
  • New York ‘oligarch tax’ aimed at wealthy buyer’s second homes
  • This West Coast city is a smart choice for small business owners
  • MLB mid-season strike not happening, former Miami Marlins president David Samson says
  • Opinion: Tax reform a win? Small business still anxious, unsure
  • Bill Gates says being rich has made him happier, here’s why
  • Green beans, butternut squash sold at Walmart recalled over Listeria fears
  • Elizabeth Warren grills Fed’s Powell over BB&T, SunTrust merger
  • Big pharma relies on old talking points to battle new scrutiny
  • Jussie Smollett scandal: The do’s and don’ts of seeking a raise
  • Varney: Pressure’s on China to get trade deal done
  • America’s $22T debt problem: With a booming economy, now is the time to fix it

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

9MarketIndicatorsYahooFinance2.26.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

FedChairPowellChallengesTheoryBehindSandersAOCProgressiveGreenNewDealPlansMHMarketUpdatesDailyBusinessNewsMHProNews600

 

The idea that deficits don’t matter for countries that can borrow in their own currency I think is just wrong,” said Federal Reserve Chairman Jerome Powell during testimony in the Senate.

Powell took on an increasingly popular theory pushed by progressives that the government can continue to borrow to fund social programs such as Medicare for all, free college tuition, and a conversion to renewable energy in the next decade – and it is unworkable, Powell said Tuesday.

 

See the Related Reports, below for both increasingly heated debate over policies being pushed by Representative Alexandria Ocasio-Cortez (AOC, NY-D), Senators Bernie Sanders (VT-I, but who causes with Democrats and is running for the Democratic nomination for president), among others.

Related Reports:

Senator Dick Durbin (IL-D), On The Record, RE: Green New Deal, plus MH Stock Updates

Berkshire Chairman Warren Buffett Announces Support for 2020 Hopeful, Behind the Curtain

“Feeling the Bern” – Love or Hate Sanders, Take Him Seriously – plus MH Stock Market Updates

 

Game On: “Socialism is About Power, not Equality,” Space Force, and Battle for Manufactured Housing Independence

 

 

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).

2.26.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

Lina Khan, AntiTrust Legal Queen, Set to Join Democratic Staff, FAANG & BM, Beware – Plus MH Market Updates

February 25th, 2019 Comments off

CNNmone2.25.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe left-of-center Daily Beast is reporting that Lina Khan, plans to join the congressional staff of Democrats that overseas antitrust issues.  With the AOC, Senator Elizabeth Warren, and the “Feel the Bern” crowd ascendant among Democrats – at least for now – that could be significant for the FAANGs, Berkshire Hathaway, and Microsoft, among others.  Don’t forget, the Trump Administration has had an executive order drafted on antitrust since the fall of last year. A video with right-of-center Fox Business and Khan, plus several quotes and linked insights will be our featured 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 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.

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…

  • Kraft Heinz has a debt problem
  • Years of cutting costs to the bone have finally come back to haunt the food empire
  • Markets close higher but rally fades
  • Ex-PepsiCo CEO Indra Nooyi joins Amazon’s board
  • Bank of America is phasing out the Merrill Lynch brand
  • Warren Buffett says he can’t beat the S&P 500
  • Buffett: It would be a ‘real mistake’ for Howard Schultz to run for president
  • GE’s dismantling continues
  • 5G networks are here: Here’s everything you need to know
  • Microsoft CEO defends US military contract
  • Facebook restores Russia-linked pages, but is still figuring out what to do about state-backed media
  • PERSPECTIVES Samsung’s foldable phone isn’t about making money — and that’s the whole point
  • How to tell your boss you need time off for therapy
  • Content by LendingTree
  • Refinance rates just dropped (15 year fixed). Lock in now!
  • Oscars ratings rebound after record low year
  • Overstock is still a retailer but it wants to be a blockchain company
  • Serena Williams’ Nike ad exposes the double standards women face at work
  • Coterie aims to make it easier to host parties and see friends. And make those occasions very Instagrammable. Credit: Jahmel Reynolds
  • This startup makes your parties Insta-worthy
  • Cowboy boots are pricey and tricky to buy. This startup wants to change that
  • These companies are cashing in on virtual makeovers
  • His grandmother’s hummus recipe is helping refugee children
  • The startup making glasses kids will want to wear
  • Target tries to capitalize on Victoria’s Secret’s struggles
  • Levi’s wants to be more than a jeans company, so it’s going public
  • How Target is trying to woo mom and dads
  • Charlotte Russe files for bankruptcy and will

Select Bullets from Fox Business

  • Trump doesn’t understand economic policy, fmr. Fed Chair Yellen says
  • US economy to enter a recession by 2021, economists predict
  • Why China’s economy shows signs of a slowdown
  • Stocks close with gains after Trump delays tariff deadline
  • Target challenges Victoria’s Secret with new lingerie, sleepwear lines
  • Netflix wins 4 Oscars as original content investments pay off
  • Cities where taxpayers tend to get larger refunds
  • Trump says oil prices getting too high, asks OPEC to ‘take it easy’
  • Warren Buffett to support Bloomberg if he runs in 2020
  • Are Samsung, Huawei’s foldable smartphones worth the hefty price tag?
  • Tax credit for the elderly or disabled: Are you eligible?
  • Orange Vanilla Coke debuts: What new flavor launch means for Coca-Cola’s business
  • Corey Lewandowski: Trump should get credit for leading the world
  • Tesla Model S driver fatally burned after car catches fire
  • Former Enron CEO Jeffrey Skilling released from prison
  • What Jeff Bezos, Bill Gates, Zuckerberg gave to charity last year
  • Best retirement cities if you don’t have $1M saved
  • Discount movies: Which theater subscription service is best?
  • 15 tax deductions for the self-employed
  • Trish Regan: Bernie Sanders has jumped the shark
  • High-tax states keep raising taxes, despite residents’ exodus: Varney
  • AOC and NYC billboard economics lesson: What she still doesn’t get

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

9MarketIndicatorsYahooFinance2.25.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

LinaKhanAntiTrustLegalQueenSetToJoinDemocraticStaffFAANG+BMBewarePlusMHMarketUpdatesDailyBusinessNewsMHProNews

 

Monopolistic Business Practices, Manufactured Housing, and Khan

There are two, and only two operations that publish information within the manufactured housing industry that dare mention the concerns about antitrust action that could result in a breakup of certain giant firms.  As a competitor of MHProNews said last year as a back-handed compliment, “You write about what others in manufactured housing are talking about at the bars and over dinner.”

It’s why we get read more than any other news source in the industry, because we – and the Manufactured Housing Association for Regulatory Reform (MHARR) – are willing to explore issues of concern to the industry professionals that no one else will publicly touch.  Can you even imagine the Manufactured Housing Institute (MHI) raising the subject of monopoly, other than to defend Clayton Homes and Berkshire Hathaway brands against such allegations?

The video from Fox Business is a flashback to last year, and is focused on Amazon.  But bear in mind that with the law, legal principles – once established – can be applied to other like topics. There are several sources that tell MHProNews that certain firms we’ve reported on are already under various kinds of federal investigation.  So as you listen to Khan describing Amazon, as yourself – does it apply to MHVille firms too?

 

Breakup Amazon as a Monopoly?

Each bullet that follows is a pull-quote from the Daily Beast that follow are from their new report, linked here.

  • Lina Khan, who wrote a semi-viral Yale Law Journalarticle about Amazon, is in talks to join the staff of the congressional panel overseeing antitrust issues, according to people familiar with the plans. Rep. David Cicilline chairs the panel.
  • Cicilline, a Rhode Island Democrat, has made no secretof his interest in taking on major internet companies as the newly minted chair of the House Judiciary Committee’s subcommittee on antitrust.
  • A lot of members don’t hire qualified staffers, especially on complicated issues like antitrust, which hinders their ability to get things done,” said a federal lobbyist who works on antitrust issues and spoke anonymously because of client concerns. “This is a person qualified for the job, who will supercharge Cicilline’s oversight work.”
  • In hiring Lina, Cicilline will be more successful in pushing regulators to scrutinize the anti-competitive activity of companies like Facebook,” the lobbyist added.
  • Khan, an alum of the Open Markets Institute, comes from a community of antitrust academics and activists who push hard for toughening up antitrust enforcement to constrain the power of ballooning tech and telecom companies. In a 2017 Timesop-ed, for instance, she argued against Amazon’s acquisition of Whole Foods.
  • Antitrust laws, which were passed by Congress to prevent these kinds of concentrations of private power, have been largely reduced to a technical tool to keep prices low,” she wrote in the piece.

Recall that only MHLivingNews and MHProNews have spotlighted the writings of Senator Elizabeth Warren’s speech text, which was delivered to Open Markets.

 

Who Will Act? Will Senator Elizabeth Warren, and/or the Trump Administration Act to Restore Open Markets, Thereby Supporting Affordable Manufactured Homes?

While Democrats seem to be more focused on Antitrust than Republicans, President Trump and his campaign leader, Brad Parscale have been vocal about the issue.  MHProNews has a draft for the Trump EO on antitrust action, linked below.

 

Draft EO for Trump Administration AntiTrust Order Obtained by MHProNews

Brad Says POTUS Trump is Right: More than Facebook & Twitter, Google Threatens Democracy, Online Freedom

Related Reports:

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

Conquest Capitalism – Thoughts of Chairman Warren Buffett – Billionaires Campaign to Control Trillion Dollar Affordable Housing Market

Warren Buffett’s Moat, Understanding Manufactured Housing Requires Grasping Strategic Economic Moats

 

 

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).

2.25.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

Senator Dick Durbin (IL-D), On The Record, RE: Green New Deal, plus MH Stock Updates

February 22nd, 2019 Comments off

CNNmone2.22.2019ManufacturedHomeStocksMarketsReportsMHProNewsNotice. Friday’s closing numbers and typical data recap was unavoidably delayed by what was originally thought to be day meetings, that ended up going long, turned into an unplanned overnight, that went well into Saturday.

 

Hopefully the rare absence Friday evening of this data made the hearts of our faithful readers grow fonder.

Because no one else in manufactured housing even comes close to providing the sheer quantity – as well as quality – of news, with independent analysis, and commentary.  Our uptime and publishing schedule reliability hover around 99.8% (+/-).

So, this following recap of Friday closing numbers stands starkly apart from our normal reports.  You can see what that looks like, by reviewing the data from Thursday, linked here.  We anticipate being back to our normal routine on Monday.

With that disclosure, let’s dive in.

 

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.

 

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

9MarketIndicatorsYahooFinance2.22.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

SenatorDickDurbinIL-D-OnTheRecordGreenNewDealPlusMHStockUpdatesDailyBusinessNewsMHPronews

 

This clip is from MSNBC, David Rutz, with a panel discussion about the Green New Deal (GND) that includes Senator Dick Durbin (IL-D).

Senator Durbin Asks – ‘What the Heck is This?’ But Asks Republicans Question

To answer Senator Durbin’s question as an independent, of course, people influence and impact the environment. Every building, every fire, every farming activity, hunting -you name the human activity – and it has some sort of impact on planet earth.

That impact may be good, harmful or something in between.

That’s the easily answered question that Senator Dick Durbin (IL-D) posed during the video interview, above. The Illinois legislator’s website says “Senator Durbin serves as the Democratic Whip the second-highest ranking position in the Senate for the Democratic Caucus.

What that video clip doesn’t ask or answer is this next pair of questions.  Will a socialistic-led power grab by enthusiasts of the Green New Deal – which includes Democratic presidential hopefuls and promises to upend almost every aspect of American life, including housing – become law?

Or should “We, the People” allow our constitutional republic of defined and limited powers to be replaced by a draconian system that mandates every aspect of American life?

 

As Chance Would Have It

MHProNews was in Orlando on business Friday and Saturday. Among those we met and had discussions with was a Venezuelan, whom we will refer to as Mercurio.

Mercurio said he’s been in the U.S. with his wife for about a year now. His parents and other relatives are still in deeply troubled Venezuela. He denounced the Socialistic Nicolás Maduro regime, which he is not convinced will exit peacefully. He praised interim president Juan Guaido, that the Trump Administration and a growing list of international leaders has recognized.

Mercurio hopes that the interim president will be able to truly take over the government, and begin resorting the shambles of the once far more prosperous Latin American nation.

Mercurio has a simple message for those who will listen. Having lived the rapid decline of his beloved Venezuela, ‘don’t buy the lies of socialism.’ No matter how well intentioned a person might be, Mercurio says that there’s only misery.

Or as another writer put it, you can vote socialists into power, but once they grab power, they often can only be removed by force.

So, while Senator Durbin and dozens of Democrats debate the merits – or lack thereof – of the Green New Deal, keep in mind the tragic lessons of Venezuela.

See the related reports, further below.

 

Related Reports:

 

“Feeling the Bern” – Love or Hate Sanders, Take Him Seriously – plus MH Stock Market Updates

 

Game On: “Socialism is About Power, not Equality,” Space Force, and Battle for Manufactured Housing Independence

 

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).

2.22.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

China Trade, Fed, Mixed Signals on Meh Day, Plus Manufactured Home Market Updates

February 21st, 2019 Comments off

CNNmone2.21.2019ManufacturedHomeStocksMarketsReportsMHProNewsAs the headline news from CNN and Fox Business reflect, there’s a flurry of items that contributed to the stimuli for investors on a largely down broader markets day, and a mixed day for manufactured home stocks and equities.

 

But something to watch are those voices that keep trying to talk investors into a recession.  As an upcoming report we’ve planned will reflect, a group of experts think that recession isn’t likely until 2021 at the earliest. So, tonight’s focus will be trade talks with China, as some believe a deal may be near. Given that it influences several manufactured housing supply chains, that is our focus 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.

 

CNBCLeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

 

Select bullets from CNN Money…

  • Consumer Reports doesn’t recommend Tesla Model 3
  • Many Tesla owners are reporting problems, including loose body trim and glass defects
  • Latest updates: These are the six cars that just lost Consumer Report’s recommendation
  • Looking back: A brief history of Tesla vs. Consumer Reports
  • Analysis: A tough week at Tesla just got worse
  • LIVE UPDATES Gloomy economic numbers rattle Wall Street
  • Despite backlash, stock buybacks keep booming
  • The IPO market is in hibernation
  • US tariffs could cost German automakers $7 billion a year
  • Report: Apple and Goldman Sachs are releasing a credit card together
  • Pedestrian deaths are up. These SUV’s can help save lives
  • Uber hasn’t killed off the rental car industry
  • USA Today editor apologizes for publishing blackface photo in college
  • How to best diversify your investment portfolio
  • Huge 15-year fixed rate drop. Could be your last chance to refinance
  • Target has a new plan to win parents over: Focus on the kids
  • Nike’s stock falls after Duke star breaks sneakers
  • Chinese shoppers can now get an iPhone for less than $30 a month
  • Applebee’s had its best year since 1993
  • Chipotle CEO: We are undergoing a digital transformation
  • The strategy behind McDonald’s new breakfast food
  • Pizza Hut expands beer delivery service
  • Domino’s rewards customers for buying pizza — even from its competitors
  • Retail layoffs are piling up. Here’s the whole story
  • Gymboree’s second bankruptcy will kill the brand
  • Sears survived bankruptcy. Can it survive long term?
  • Payless plans to close during its second bankruptcy, costing 16,000 workers their jobs

 

Select Bullets from Fox Business

  • Stocks fall on Atlanta Fed cut to 4Q GDP forecast, weak economic data
  • Mortgage rates fall to lowest average in one year
  • Pinterest files confidentially for IPO
  • Lyft IPO will open floodgates for other tech companies: Varney
  • AOC says Amazon HQ2 deal caused rental spike in Queens: Fact check
  • Lyft vs. Uber: What to know about the ride-hailing rivals
  • Zion Williamson’s shoe split puts Nike’s brand in spotlight
  • Uber Eats devouring McDonald’s franchise owners’ profits: ‘Bar Rescue’s’ Jon Taffer
  • Farming community in Delaware hopes for a good trade deal
  • Tesla Model 3 reliability issues lead to downgrade by Consumer Reports
  • ‘Empire’ star Jussie Smollett’s salary, net worth compared to co-stars
  • Duke’s Zion Williamson has $8M insurance policy against pre-NBA injuries: Report
  • US existing home sales fall sharply to 3-year low
  • What YouTube is doing after McDonald’s, Nestle pull ads over graphic video
  • What Ronald Reagan would say about socialism: Art Laffer
  • Wells Fargo donates $444M to nonprofits for affordable housing, small businesses
  • Nike’s Colin Kaepernick jersey sells out just hours after release
  • Brexit backlash has UK businesses flying the coop
  • Marie Kondo’s Netflix series ‘Tidying Up’ sparks spike in Goodwill Donations

 

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

9MarketIndicatorsYahooFinance2.21.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

 

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 –

 

ChinaTradeFedMixedSignalsMehDayPlusManufacturedHomeMarketUpdates

 

Curating content for this evening market report is both art and science.

For example, it is almost comical at times how even the same news source is sending mixed messages on the same topic.  That can happen because experts – those talking heads – disagree.  Or it can occur because of undisclosed agendas, bad reading of data or indicators, etc.  The same source may be dead wrong in their analysis too.

The latest ‘a deal may be looming’ with China and U.S. on trade are below.

While some think it is close, that would be a bit of a surprise here on MHProNews.  But CNBC said, “A trade deal may not be ‘priced in’ yet as study shows S&P 500 should be 11% higher.” For market watchers that headline alone could be worth the price of admission to this evening’s report.

Here are more pull quotes and two videos, from CNBC.

  • Renaissance Macro Research estimates the S&P 500 has lost about 11 percent from trade tensions since January 2018, even with the recent run-up in stocks.
  • In other words, if not for all the negative trade news over the last 14 months, the S&P 500 would be about 11 percent higher,” says Neil Dutta, the firm’s head of economics.

 

  • With the market off its lows, a popular view is that the equity market has priced in all the good news already,” Dutta says. “We are skeptical; the equity market only partially retraced the losses associated with trade tensions.”

 

 

 

Related Reports:

“Feeling the Bern” – Love or Hate Sanders, Take Him Seriously – plus MH Stock Market Updates

Game On: “Socialism is About Power, not Equality,” Space Force, and Battle for Manufactured Housing Independence

 

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).

2.21.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

“Feeling the Bern” – Love or Hate Sanders, Take Him Seriously – plus MH Stock Market Updates

February 20th, 2019 Comments off

Love him. Hate him. Agree, disagree or be ‘meh’ about his policies and politics.  CNNmone2.20.2019ManufacturedHomeStocksMarketsReportsMHProNewsIgnore the scandals attached to his wife and himself if you wish, because hundreds of thousands of donors clearly have.  Senator Bernie Sanders, a self-proclaimed socialistic independent from Vermont has announced he is running for the Democratic nomination for president in 2020.  And Sanders has blown away the fundraising in the first 24 hours of his campaign announcement. vs. his rivals to be the Democratic candidate to oppose President Donald J. Trump in 2020.  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 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.

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. 

 

Select bullets from CNN Money…

  • Samsung’s big day
  • The brand unveiled a foldable phone — follow the live event here
  • The new lineup: Foldable phones, 5G and phones that charge each other
  • Samsung’s new foldable smartphone: Gimmick or game changer?
  • Watch: See the Samsung Galaxy’s new features in action
  • 5G is here. Here’s what that actually means
  • LIVE UPDATES S&P boosts the odds of a US recession
  • Walmart vs. Target: How to invest in retail stocks
  • CVS slides 9% after predicting a rough outlook
  • Retail layoffs are piling up. Here’s the whole story
  • PERSPECTIVES Trump can hate on SNL all he wants, but he won’t stop watching
  • Gannett touts digital growth as it battles takeover
  • New York Times responds to Trump’s attack: ‘It’s not just false, it’s dangerous’
  • Lyft cofounder opens up about its biggest competitor
  • Glencore will cap coal production, but some climate groups say that isn’t good enough
  • The IPO market is still in hibernation. Blame the government shutdown and market mayhem
  • Tesla’s general counsel is leaving the company after two months
  • The UK would be ‘irresponsible’ to let Huawei into 5G, think tank warns
  • Swiss banking giant UBS fined over $5 billion in fraud case
  • Huge 15-year fixed rate drop. Could be your last chance to refinance
  • Virgin Galactic to make second key test flight to space
  • Under Armour to design ‘spacewear’ for Virgin Galactic
  • SpaceX nixes plans for Mars spaceship at LA port
  • Blue Origin launches 10th test flight of space tourism rocket
  • Inside the high-stakes business of tracking space junk
  • Chinese hackers are ramping up attacks on US companies
  • Russian hackers targeted US think tanks in Europe
  • Dating app reveals data breach on Valentine’s Day
  • My son’s Nest camera was acting weird. Here’s what I did
  • Apple says Facebook’s controversial market research app violated its policies

Select Bullets from Fox Business

  • Fed minutes reveal uncertainty about future rate hikes
  • Pepsi’s new CEO just made his first big move
  • Stocks in tight range as Fed minutes reveal bank’s economic growth worries
  • CBD product push: Tilray buying hemp food brand Manitoba Harvest
  • Ocasio-Cortez’s role in driving Amazon out of New York City blasted in new billboard
  • The Jobs Creators Network debuted the new billboard in Times Square on Wednesday.
  • UNC-Duke basketball ticket prices approach Super Bowl levels: Here’s why
  • Trump administration wants California to pay back billions for high-speed rail
  • Uber Eats devouring McDonald’s franchise owners’ profits: ‘Bar Rescue’s’ Jon Taffer
  • Best cities to open a restaurant
  • Google defends secret Nest microphone as unintended ‘error’
  • Tide Cleaners laundry, dry cleaning service to roll out nationwide
  • A look inside Venezuela’s treacherous health care system
  • Middle-class incomes are rising at a massive rate in these 10 cities
  • Varney: Media’s Trump hatred causes hair-trigger misinterpretation
  • Bernie Sanders’ millions point to ‘limousine liberal’: Grover Norquist
  • Trump rebate rule will hike premiums for seniors, CVS Health CEO says
  • Macy’s, Kohl’s ‘becoming yesterday’s news’: Former Toys R US CEO says
  • How to protect yourself from skimming at the gas pump
  • American lawsuits over Google’s Nest may not be viable, Judge Napolitano says

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

9MarketIndicatorsYahooFinance2.20.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

FeelingTheBernLoveorHateSandersTakeHimSeriouslyPlusMHStockMarketUpdatesDailyBusinessNewsMHProNews

 

There is no way to be fair and balanced without giving coverage that accurately reflects what a person or organization says or does.  Editorially, MHProNews strongly opposes much of what Sanders stands for, based upon policy and performance.  But that won’t keep us from laying out what he said to CBS in an extended interview, shown below.  It reflects Sanders’ views, in his own words.

 

 

In the first 24 hours since his announcement that he is running for the 2020 nomination for the Democratic Party, per the Sanders camp, he raised $5.9 million dollars.

Some details per left-of-center CNBC:

  • Sen. Bernie Sanders raises $5.9 million from 223,000 donors within the first 24 hours of his 2020 presidential campaign.
  • Sen. Kamala Harris of California previously announced raking in $1.5 million from 38,000 donors within the first 24 hours of announcing her presidential bid last month.
  • Other candidates have not provided first-day funding information.

 

An apparently leftist podcaster, the Ring of Fire’s Farron Cousins, had this to say about Sanders on the subject of Democrat Howard Schultz’s possible run as an independent.  Schultz, a founder of Starbucks and a billionaire, has taken on the far left of the Democratic Party in many of his interview statements.  That’s the backdrop to this podcaster’s commentary, which opens with the headline: “Bernie Sanders SHREDS The Media Over Their Obsession With Howard Schultz.”

 

 

More from CNBC:

  • With an average donation of $27, the Vermont independent’s haul shows the power of small-dollar donations, which have become increasingly critical for Democrats looking to shore up grassroots support and shun corporate funds.
  • Sen. Kamala Harris of California previously announced raking in $1.5 million from 38,000 donors within the first 24 hours of announcing her presidential bid last month. Other candidates have not provided first-day funding information.
  • Sanders launched his campaignon Tuesday. The decision followed months of speculation that the senator would jump into the race after the surprising success of his insurgent 2016 bid, when he became the runner up behind Hillary Clinton.
  • In 2016, Sanders raised $1.5 million in the first 24 hours and went on to raise 58 percent of his campaign funds with individual contributions of less than $200, according to data from the Center for Responsive Politics. By contrast, small-dollar donations made up just 19 percent of Clinton’s campaign funds.
  • “Sanders demonstrated a level of grassroots support of unprecedented size and excitement, signalling the strength of the movement set on winning the Democratic nomination, defeating Donald Trump and creating a government that works for all Americans,” his campaign said in a statement Wednesday announcing his first-day fundraising numbers.
  • Sanders joins a crowded Democratic primary field, including Harris and fellow Sens. Elizabeth Warren, Cory Booker, Kirsten Gillibrand and Amy Klobuchar. Former HUD Secretary Julian Castro and South Bend, Indiana, Mayor Pete Buttigieg, among others, are also aiming for the party’s nomination.
  • Sanders received donations from all 50 states within the first hour of his campaign. “Powerful special interests may have the money, but we have the people,” he tweeted on Tuesday.
  • In a move to renounce the influence of big businesses, Sanders and other Democratic contenders have pledged to reject donations from corporate PACs. A similar trend prevailed in the 2018 midterm elections.
  • “We’re not accepting a penny from corporate PACs or federal lobbyists, which means your donations really do make a difference,” Harris said in a tweet.
  • The surge of small-dollar donations in the 2020 campaigns can be partly attributed to ActBlue, an online fundraising platform for Democrats used by both Sanders and Harris. ActBlue helpedcandidates raise over $1.6 billion during the 2018 election cycle alone, with a $39 average contribution. On Sanders’ fundraising page, the suggested donation amount starts at $3.
  • Sen. Elizabeth Warren, D-Mass., pulled in over $299,000 online the day she launched her presidential exploratory committee, according a Politicoreport citing a Federal Election Commission filing. A Politico analysis of ActBlue data showed more than 8,000 donations were collected for the senator on Dec. 31, working out to an average donation of about $37.
  • Warren officially announced her presidential bid on Feb. 9. The campaign did not release funding information for that day’s take.

The analysis of the Sanders opening bid is simple.  Take him seriously.  There are rumors that he may team up with a young firebrand, like AOC.  That would be a dubious move, for several reasons.

There’s persistent speculation that Michelle Obama or former Vice President Joe Biden will enter the race, and either of them would be – per recent polling – the front runner.

But if someone as far left as Sanders wins, will it be almost as rough as the Mondale vs. Reagan campaign of 1984?  That year, Reagan won 49 of the 50 states. Time will tell.

Hang onto your wallets.  2020 is ‘game on.’  See the related reports, below.

 

Related Reports:

Game On: “Socialism is About Power, not Equality,” Space Force, and Battle for Manufactured Housing Independence

 

“…Results have been Catastrophic.” Official Text-POTUS Trump on Socialism Speech + FLOTUS Melania Video, Plus Manufactured Housing Stock Updates

Grasping True Value of the Green New Deal for America, Affordable Housing Professionals and Advocates

2018, 2020 Campaigns Underway, Bernie & Jane Sanders, Scandals, and Democratic Party Rebranding

 

Presidents Day Facts and Video Quiz

Democratic and Republican Policy Dilemmas, Affordable Housing, Economic Growth, and Manufactured Homes

 

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).

2.20.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

“…Results have been Catastrophic.” Official Text-POTUS Trump on Socialism Speech + FLOTUS Melania Video, Plus Manufactured Housing Stock Updates

February 19th, 2019 Comments off

CNNmone2.19.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe Daily Business News on MHProNews recently referenced the Sam Zell quote, “If Everyone is Going Left, Look Right.” Paul Harvey, on his famous radio show, might have said this about “the rest of the story.”  A prior version of that quote by Zell had left and right reversed. Sometimes, we utter or do something, think about it, and come up with a better way of expressing it. That’s a nice pairing with what follows from President Trump, who is continuing and building on a theme from his State of the Union address, when he pledged that America would never be a socialist country.  That Miami speech and companion videos will be our focus for this evening’s market 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.

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. 

 

Select bullets from CNN Money…

 

  • JPMorgan’s move into cryptocurrency could change how banks approach blockchain
  • About 16,000 workers will lose their jobs when Payless shuts down
  • Walmart shows it can more than hold its own against Amazon
  • The stock buyback backlash may be misplaced
  • Earnings season is finishing ‘much better than feared’
  • Stocks close narrowly higher as US-China trade talks continue
  • Carl Icahn is pushing Caesars to sell itself
  • The subtle art of calling in sick
  • Huawei says it’s received a warm welcome in India
  • A newsroom tirade and a controversial hire: tension rises at Pittsburgh newspaper
  • How US sanctions on Venezuela are rippling through oil markets
  • Andrew McCabe’s new book ‘The Threat’ is an instant best-seller
  • Content by LendingTree
  • Huge 15-year fixed rate drop. Could be your last chance to refinance
  • Virgin Galactic to make second key test flight to space
  • Funko has taken the toy industry by storm
  • Virtual makeovers are better than ever. Beauty companies are trying to cash in
  • This AI is so good at writing that its creators won’t let you use it
  • Elite investors use artificial intelligence to gain an edge
  • How AI is making business travel better
  • All the ways Amazon’s AI brought me the socks I am wearing right now
  • Is artificial intelligence the future of education?
  • Honda is closing its only British factory, wiping out 3,500 jobs
  • 60% of UK trade is still exposed to a Brexit shock
  • Brexit could create costly border delays
  • Why Brexit scares Airbus and BMW: Lines of trucks at the EU border
  • Siemens CEO on Brexit: Nobody invests into uncertainty

Select Bullets from Fox Business

  • Stocks edge up as US-China trade talks resume
  • Venezuela’s Maduro threatened by Cuba: Mary Anastasia O’Grady
  • Tesla’s Elon Musk: Full self-driving technology nearly complete
  • Manny Machado’s $300M Padres contract is 2nd largest in MLB history
  • Trump on Venezuela: Days of socialism are numbered (What’s at stake)
  • When you embrace a socialist system, you are giving up your own rights as an individual.
  • Middle-class incomes are rising at a massive rate in these 10 cities
  • Kennedy: Things are about to get ugly in Texas over the wall
  • American states with cheapest, priciest utility bills
  • Oscars: Best picture nominees and what they made
  • The biggest sports contracts in historyNewark makes HQ2 pitch to Amazon after collapse of NYC deal
  • Venezuelan opposition leader Juan Guaidó joins FBN’s Trish Regan: EXCLUSIVE
  • As Bernie Sanders launches 2020 campaign, here’s a look at his economic policies
  • Nature’s Path Foods recalling 400,000 boxes of gluten-free cereal
  • A Joe Biden presidency would run straight through Wall Street
  • AAF denies nearly missing payroll after $250M investment from Tom Dundon
  • Ford to end some truck production in South America
  • How to protect yourself from skimming at the gas pump
  • Cybersecurity stocks: An in-depth look with FBN’s Charles Payne

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

9MarketIndicatorsYahooFinance2.19.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

 

ResulsHaveBeenCatastrophicPOTUSTrumpNeverSocialismSpeechMiamiaVenezulaAmericanMiamiFLDailyBusinessNewsMHproNews

Before diving into the full, official text from the White House press room on President of the United States (POTUS) Donald J. Trump’s speech to the Venezuelan American community in Miami, the 108 second – under 2 minutes – video clip from CBS News captures some of the key points. Said CBS, “President Trump vowed support for Venezuela’s opposition leader and slammed the socialist regime of Nicolas Maduro for leading the country into ruin.”

 


Then, consider what First Lady of the United States (FLOTUS) Melania Trump said to the attentive crowd.

 

 

Finally, there is the full official text of the speech to the Venezuelan Americans Monday in Miami, courtesy of the White House.

 

WhiteHouseMediaNewsReleaseDailyBusinessNewsMHProNews

Remarks by President Trump to the Venezuelan American Community

 

Florida International University Ocean Bank Convocation Center

Miami, Florida

4:47 P.M. EST

MRS. TRUMP:  Thank you.  (Applause.)  It is wonderful to be here today in the beautiful city of Miami.  (Applause.)  The President and I are honored to stand with all of you as we together support the people — great people — of Venezuela.  (Applause.)

I’m proud to be here with you in the United States of America as your First Lady.  (Applause.)  Many of you in the room know what it feels like to be blessed with freedom after living under the oppression of socialism and communism.  (Applause.)  In Venezuela, the people are on the brink of reclaiming their own liberty.

Today, we must let the Venezuelan people hear us all with one united voice.  There is hope, we are free, and we pray together loudly and proudly that soon the people of Venezuela will be free as well.  (Applause.)

My husband is here today because he cares deeply about the current suffering in Venezuela.  This afternoon, he has an important message to share.

Ladies and gentlemen, it is now my pleasure to introduce my husband and the President of the United States, Donald J. Trump.  (Applause.)

 

THE PRESIDENT:  Thank you very much, Melania.  America is truly blessed to have such a — an extraordinary — right? Extraordinary First Lady.  (Applause.)  She’s extraordinary.  She really is.  She cares about people.

Hello, Miami.  I am thrilled to be back in the state I love with so many proud, freedom-loving patriots.  We’re here to proclaim a new day is coming in Latin America.  (Applause.)  It’s coming.

In Venezuela and across the Western Hemisphere, socialism is dying, and liberty, prosperity, and democracy are being reborn.  (Applause.)

Today, our hearts are filled with hope because of the determination of millions of everyday Venezuelans, the patriotism of the Venezuelan National Assembly, and the incredible courage of Interim President Juan Guaidó.  (Applause.)

The people of Venezuela are standing for freedom and democracy, and the United States of America is standing right by their side.  (Applause.)

Let me begin by thanking the great leaders here today who have been such incredible champions for the cause of liberty.  And these people love you, and they love Venezuela, and they love Cuba.  And they love all of the places that we’re fighting for.  (Applause.)

Newly elected and already doing an incredible job, Governor Ron DeSantis.  (Applause.)

A man who I call, especially when we’re talking about Cuba, Venezuela, Nicaragua — he knows a lot, and he’s a friend of mine: Senator Marco Rubio.  (Applause.)

A great governor; he gave Ron a little bit of a head start.  He did a fantastic job in Florida.  Former governor, and now senator, Rick Scott.  (Applause.)

Somebody that I’ve gotten to know very well, especially as to the fact that my heart is in Venezuela — (applause) — Representative Mario Diaz-Balart.  (Applause.)

Ambassador Carlos Trujillo. (Applause.)  Lieutenant Governor Jeanette Núñez.  (Applause.)  Your new and great Attorney General, Ashley Moody.  (Applause.)  And to so many other dedicated public officials that are in this room right now, we thank you very much for being with us.  Thank you.  (Applause.)

Thank you also to Secretary of Commerce.  Wilbur Ross is with us, and Ambassador Lighthizer.  Ambassador Lighthizer, I have to say, just got back from a place called China.  And, boy, oh, boy — we’re making a lot of progress.  Nobody expected this was going to be happening.  (Applause.)  We’re making a lot of progress.  (Applause.)

In the meantime, billions and billions of dollars are coming into our Treasury.  It’s very simple.  All works.  That never happened before.  We don’t know the feeling in this country, but now we know the feeling.  (Applause.)

We also want to extend our deep appreciation to the President of Florida International University, Dr. Mark Rosenberg — (applause) — for hosting this important event.

Finally, I want to thank each and every person in this wonderful audience who has made your own stand for human dignity.  And that’s probably just about all of you.  (Applause.)

And I want to especially thank the Venezuelan exile community that has done so much to support President Guaidó to organize aid for their compatriots and to do just a lot back home.  Thank you very much for being here.  Thank you.  We’re with you.  (Applause.)

We are profoundly grateful to every dissident, every exile, every political prisoner, and everyone who bears witness to the horrors of socialism and communism, and who has bravely spoken out against them.  Thank you very much.  (Applause.)

The fact is, you’ve seen the crimes and you’ve seen the corruption.  You have seen the hunger and the suffering.  You have heard the anguished pleas for help.  You have protested, and protested with respect, but loudly.  And you have prayed for the day we can now see, which is just ahead — the day when all the people of this region will at last be free.  (Applause.)

AUDIENCE:  USA!  USA!  USA!

THE PRESIDENT:  As we meet today, the people of Venezuela stand at the threshold of history, ready to reclaim their country and to reclaim their future.

Not long ago, Venezuela was the wealthiest nation, by far, in South America.  But years of socialist rule have brought this once-thriving nation to the brink of ruin.  That’s where it is today.

The tyrannical socialist government nationalized private industries and took over private businesses.  They engaged in massive wealth confiscation, shut down free markets, suppressed free speech, and set up a relentless propaganda machine, rigged elections, used the government to persecute their political opponents, and destroyed the impartial rule of law.

In other words, the socialists have done in Venezuela all of the same things that socialists, communists, totalitarians have done everywhere that they’ve had a chance to rule.  The results have been catastrophic.

Almost 90 percent of Venezuelans now live in poverty.
In 2018, hyperinflation in Venezuela exceeded 1 million percent.  Crippling shortages of food and medicine plague the country.  Socialism has so completely ravaged this great country that even the world’s largest reserves of oil are no longer enough to keep the lights on.  This will never happen to us.  (Applause.)

AUDIENCE:  USA!  USA!  USA!

THE PRESIDENT:  Thank you.

Already, more than 3 million Venezuelans have fled Maduro’s brutal opposition — and brutal it is.

Today, we are honored to be joined by Amintha Perez, the mother of Oscar Perez — a courageous Venezuelan police officer.  (Applause.)  You know the story.

In June of 2017, Oscar piloted a helicopter over the city of Baruta with the banner, “350 Liberty,” a reference to Article 350 of the Venezuelan constitution, which states: “The people of Venezuela…shall disown any regime, legislation or authority that violates democratic values…or encroaches upon human rights.”

Oscar said he wanted to give the people hope.  He loved the people.  He fought for the people.  And they loved Oscar.  But Oscar was gunned down and killed by Venezuela’s — you know this very well; you all know the story — by the Venezuelan security forces, viciously.

Amintha, our hearts break for your loss.  Oscar gave his life for the freedom of his people.  We all have hope today because of great, great people and patriots like Oscar.  (Applause.)  Please, Amintha.  (Applause.)

I said, “How about saying something in Spanish?”  She likes Spanish.  She’s a little bit better in Spanish.  Please.  Please.

AUDIENCE:  (Inaudible.)

  1. PEREZ:  (Speaks Spanish.)  (No translation provided.)

(Applause.)

THE PRESIDENT:  I don’t know what she said, but I think I know what she said.  And she is an incredible woman.  And Oscar was an incredible man who will not have died in vain.  (Applause.)

A few weeks ago, on January 23rd, Venezuela’s National Assembly invoked the Venezuelan constitution to declare the President of the National Assembly, Juan Guaidó, as the country’s legitimate leader.  In one of his first acts, President Guaidó invoked the same constitutional article that Oscar carried through the skies to notify the world that Maduro was illegitimate.

Within 30 minutes, the United States was proud to be the first nation in the world to recognize President Guaidó.  (Applause.)

AUDIENCE:  USA!  USA!  USA!

THE PRESIDENT:  And, by the way, John Bolton is here.  Where is John?  (Applause.)  Working hard.

Today, more than 50 countries around the world now recognize the rightful government of Venezuela.  And the Venezuelan people have spoken, and the world has heard their beautiful voice.  They are turning the page on socialism, turning the page on dictatorship, and there will be no going back.  (Applause.)

Peace-loving nations are ready to help Venezuela reclaim its democracy, its dignity, and its destiny.  All the nations in our hemisphere have the shared interest in preventing the spread of socialist tyranny.  Socialism, by its very nature, does not respect borders.  It does not respect boundaries or the sovereign rights of its citizens or its neighbors.  It’s always seeking to expand, to encroach, and to subjugate others to its will.

The twilight hour of socialism has arrived in our hemisphere — (applause) — and, frankly, in many, many places around the world.  The days of socialism and communism are numbered not only in Venezuela, but in Nicaragua and in Cuba as well.  (Applause.)

Do we love Cuba?  (Applause.)  Do we love Nicaragua?  (Applause.)  Great countries.  Such great potential.  Remember that word.  Such unbelievable potential.

In the meantime, we must all work together to end a humanitarian disaster.  As we speak, there are truckloads filled with hundreds of tons of desperately needed humanitarian supplies stopped at the borders of Venezuela and waiting to help the millions and millions in need.

Two days ago, the first U.S. Air Force C-17 — that’s a big, beautiful plane — landed in Colombia loaded with crucial assistance, including thousands of nutrition kits for little Venezuelan children.  (Applause.)  Unfortunately, Dictator Maduro has blocked this lifesaving aid from entering the country.  He would rather see his people starve than give them aid, than help them.

Millions of Venezuelans are starving and suffering while a small handful at the top of the Maduro regime plunder the nation into poverty and into death.  We know who they are, and we know where they keep the billions of dollars that they have stolen.

Incredibly, there are members of the Venezuelan military still barely supporting this failed dictatorship.  They are risking their future, they are risking their lives and Venezuela’s future, for a man controlled by the Cuban military and protected by a private army of Cuban soldiers.  (Applause.)  Maduro is not a Venezuelan patriot; he is a Cuban puppet.  That’s what he is.  (Applause.)

And remember that hundreds of millions of dollars used to be paid to Cuba — but no longer, because they no longer have that kind of wealth to be able to do it.  So things are changing, and they’re changing fast.  (Applause.)

And today I have a message for every official who is helping to keep Maduro in place:

The eyes of the entire world are upon you today, every day,
and every day in the future.  You cannot hide from the choice that now confronts you.  You can choose to accept President Guaidó’s generous offer of amnesty, to live your life in peace with your families and your countrymen.  President Guaidó does not seek retribution against you, and neither do we.  But you must not follow Maduro’s orders to block humanitarian aid, and you must not threaten any form of violence against peaceful protestors — (applause) — opposition leaders, members of the National Assembly, or President Guaidó and his family.

We seek a peaceful transition of power, but all options are open.  (Applause.)  We want to restore Venezuelan democracy, and we believe that the Venezuelan military and its leadership have a vital role to play in this process.  If you choose this path, you have the opportunity to help forge a safe and prosperous future for all the people of Venezuela.

Or you can choose the second path: continuing to support Maduro.

AUDIENCE:  Booo —

THE PRESIDENT:  If you choose this path, you will find no safe harbor, no easy exit, and no way out.  You will lose everything.  (Applause.)

So today, I ask every member of the Maduro regime: End this nightmare of poverty, hunger, and death for your people.  Let your people go.  Set your country free.  Now is the time for all Venezuelan patriots to act together as one united people.  (Applause.)  Nothing could be better for the future of Venezuela.  And nothing could be better for the future of another captive nation — Cuba — than the rebirth of freedom and democracy in Venezuela.  (Applause.)

AUDIENCE:  USA!  USA!  USA!

THE PRESIDENT:  For decades, the socialist dictatorships of Cuba and Venezuela have propped each other up in a very corrupt bargain.  Venezuela gave Cuba oil.  In return, Cuba gave Venezuela a police state run directly from Havana.  (Applause.)

But this is a much different day, and those days are over.  (Applause.)  The ugly alliance between the two dictatorships is coming to a rapid end.  A new future is beginning.  All of us in this arena, and thousands and thousands and thousands of people outside — you have to see it — are united because we know the truth about socialism in Venezuela, in Cuba, in Nicaragua, and all around the world.  (Applause.)

Socialism promises prosperity, but it delivers poverty.
Socialism promises unity, but it delivers hatred and it delivers division.  Socialism promises a better future, but it always returns to the darkest chapters of the past.  That never fails.  It always happens.

Socialism is a sad and discredited ideology rooted in the total ignorance of history and human nature, which is why socialism, eventually, must always give rise to tyranny, which it does.  (Applause.)  Socialists profess a love of diversity, but they always insist on absolute conformity.

We know that socialism is not about justice, it’s not about equality, it’s not about lifting up the poor.  Socialism is about one thing only: power for the ruling class.  (Applause.) And the more power they get, the more they crave.  They want to run healthcare, run transportation and finance, run energy, education — run everything.

They want the power to decide who wins and who loses, who’s up and who’s down, what’s true and what’s false, and even who lives and who dies.  (Applause.)

In short, all of us here today know that there is nothing less democratic than socialism.  Everywhere and anywhere it appears, socialism advances under the banner of progress, but in the end, it delivers only corruption, exploitation, and decay.

With us today is David Smolansky.  (Applause.)  David was one of the youngest mayors in Venezuelan history when the Maduro regime removed him from office and issued a warrant for his arrest.  David fled into Venezuela’s treacherous southern jungle.  Eventually, David reached Brazil, where he was welcomed with open arms.

Today, David lives in exile in the United States, where he continues to speak up for the Venezuelan people.  Sadly, David is the third generation of his family to flee the agony of socialism and communism.  David’s grandparents fled the Soviet Union in 1927, and his father fled communist Cuba in 1970.

As David said, “The difference I want to have from my father and grandfather is to go back to my country.”  (Applause.)  “My grandparents never went back to Kiev…my father has not been back to Havana.  I hope I can [soon] return to Venezuela.”  (Applause.)  I think that will happen, David.

Thank you very much, David.  I think it’ll soon happen.  Your courage, David, is an inspiration.  And not only David; many of the people in this room.  You’ve been through much, but you see it coming to the end.  You see it really coming to an end for the first time.  For the first time, you’re seeing it — because the United States, a true great nation, is behind you.  (Applause.)

AUDIENCE:  USA!  USA!  USA!

THE PRESIDENT:  And so as the United States stands up for democracy in Venezuela, we reaffirm the solidarity with the long-suffering people of Cuba and Nicaragua and people everywhere living under socialist and communist regimes.

And to those who would try to impose socialism on the United States, we again deliver a very simple message: America will never be a socialist country.  (Applause.)

We are born free and we will stay free, now and forever.
(Applause.)  We know what freedom can do in Venezuela because we have seen that future right here in Doral.

We know what freedom can do in Cuba because we have seen that future right here in Miami.  (Applause.)

We know what freedom can do in Nicaragua because we have seen that future in Sweetwater.  (Applause.)

And one day soon, with God’s help, we are going to see what the people will do in Caracas and Managua and Havana.  (Applause.)

And when Venezuela is free, and Cuba is free, and Nicaragua is free, this will become the first free hemisphere in all of human history.  (Applause.)

It was my great honor to be with you today, and the First Lady’s great honor to be with you today.  We are winning.  We are winning on every front.

Thank you.  God bless you.  God bless the people of Venezuela.  God bless the people of Cuba.  God bless the people of Nicaragua.  And God bless the United States of America.  (Applause.)  Thank you very much.

END

5:19 P.M. EST

Related Reports:

SOTU 2019

 

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).

2.19.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

America’s $22 Trillion Debt, Markets Soar, Plus Manufactured Housing Stock Updates

February 15th, 2019 Comments off

CNNmone2.15.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere are tens of millions of Americans too young to recall that at the end of the Clinton Administration, that the U.S. had a budget surplus. That was a bipartisan effort, with the Republican Party (GOP), led by then House Speaker Newt Gingrich achieving a grand bargain of entitlement and other reforms with Democrat Bill Clinton.  What’s happened since?  Does it matter? What’s next?  The $22 trillion dollar debt will be this evening’s topic.

 

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.

 

CNNFoxNewsLeftRightMediaBiasDailyBusinessNewsMHproNEwsSharylAttkisson

MHProNews looks at issues from a wide variety of perspectives.

 

Select bullets from CNN Money…

  • Wall Street bets China trade war is almost over
  • Dow soars 444 points, finishing its eighth weekly rally in a row with a bang
  • Uber heads into its IPO after losing more than one billion dollars in 2018
  • Jamie Dimon hated bitcoin. Now JPMorgan is pushing headfirst into the crypto space
  • Ex-Goldman Sachs banker charged in 1MDB case will be sent to the United States
  • Even GE’s Boston headquarters is shrinking
  • Here’s another company suffering without Toys ‘R’ Us
  • A sad toy story: Mattel plunges 20% on poor outlook
  • Amazon invests money in electric pickups
  • Pot company Canopy Growth posts nearly 300% sales jump
  • Warren Buffett’s Berkshire Hathaway does a rapid U-turn on Oracle
  • A company where everyone works from home. Here’s how to make it work
  • Shopping Content by CNN Underscored
  • How to use your pretax FSA dollars before March 15
  • Uber says it lost $1.8 billion in 2018
  • Amazon didn’t pay any federal income tax in 2017 or 2018. Here’s why
  • When companies publish their salaries, women win
  • America’s fight with Huawei is messing with the world’s 5G plans
  • The iPhone is getting crushed in China. The US is partly to blame
  • The US is stepping up pressure on Europe to ditch Huawei
  • Huawei’s global advance is under threat
  • Huawei’s smartphone sales soared 30% last year
  • NO HQ2 IN NEW YORK
  • Tech titan flames out in NY. Here’s why it matters
  • Real estate brokers were banking on the ‘Amazon Effect.’ Their bubble just burst
  • How Amazon blew its chance in New York
  • These are the companies Amazon owns
  • Amazon’s extraordinary evolution

Select Bullets from Fox Business

  • Dow notches 8th straight week of gains on trade optimism
  • Mattel shares hit after investor day. What’s the problem?
  • Trump weighs extending China tariff deadline by 60 days
  • How Trump’s border wall will be funded
  • Congress passes bill to avoid shutdown: Here’s what it includes
  • Coke vs. Pepsi: Who is really winning?
  • Amazon backs electric truck startup Rivian in $700M funding round
  • Student-loan payment may soon come directly out of your paycheck
  • Retail Apocalypse: These big retailers closing stores, filing for bankruptcy
  • Sears vs. JCPenney: Who’s new plan will prevail?
  • Colin Kaepernick wanted $20M AAF contract to play in league: Report
  • Amazon’s NYC Exit
  • Amazon doesn’t plan to reopen HQ2 search after backing out of NYC
  • Amazon warns Philadelphia it could rethink brick-and-mortar store plans: Report
  • Amazon paid no federal taxes for the second year in a row
  • Dems must face embarrassment of their extremism: Varney
  • Trish Regan: Socialism has robbed the Venezuelan people of their human rights
  • America’s $22T debt problem: With a booming economy, now is the time to fix it

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

9MarketIndicatorsYahooFinance2.15.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

Americas$22TrillionDebtMarketsSoarPlusManufacturedHousingStockUPdates

Following the victory of George H. W. Bush (GOP) and his “Compassionate Conservatism” and overseas adventures, there has been a steady rise in the federal debt.  Candidate Senator Barack H. Obama (IL-D) blasted POTUS Bush’s debt, and once elected, proceeded to outspend his Oval Office predecessor.

The federal government doesn’t have a revenue problem.  Despite political jargon, the 2017 Tax Cuts and Jobs Act did what happened under Democratic President John F. Kennedy, or Republican President Ronald Reagan.  Taxes were cut, and revenues grew.

What’s going wrong is spending is not being controlled. Under our constitution, the president doesn’t have the power to control spending, that’s the Congress’ job.  “No taxation without representation” – was a battle cry of the colonists in their revolt against England’s King.  So the House and Senate are  elected to spend, at least in theory, within constitutional limits.

 

 

The federal debt is an issue.  Debt service is growing, and as interest rates rise, it will take a bigger bite out of the federal government’s spending.

POTUS Trump has told his cabinet to find savings in their respective departments.  We’ll see where that goes, but at least it is being discussed.

 

CitizensAgainstGovernmentWasteReleasedDailyBusinessNewsMHProNewsSeptOct2018

It’s political theater to say that the issue is the fault of the President and the GOP, or only of Democrats.  Both need to do at some level what occurred in the Clinton administration, a grand bargain that restores some common sense to federal spending.

That doesn’t seem likely during the next 2 years.  Why? To learn more, see the Green New Deal reports, linked below.

 

Related Reports.

Grasping True Value of the Green New Deal for America, Affordable Housing Professionals and Advocates

MHVille Exclusive – Democrats Senators Sign Anti-Competitive Practices Letter to DoJ, Plus MH Market Updates

‘Updating All Buildings,’ Other AOC “Green New Deal” – Mixed Reviews Among Democrats, GOP Jeers

 

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).

2.15.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

Managing Mueller Russia Probe Outcome? NBC, Other Mainstream Media Reports Soften, Investor Impacts? Plus, MH Market Updates

February 14th, 2019 Comments off

CNNmone2.14.2019ManufacturedHomeStocksMarketsReportsMHProNewsManufactured housing tracked stocks closed mixed, as did the broader markets today.  Retail and other headline news found further below drove some declines. Among the more interesting topics in recent days has been the managing of expectations by mainstream news sources – such as NBC News – that for much of the past 2 years has touted so-called “Russian Collusion” with the Trump campaign.  Apparently, that’s not likely – as MHProNews advised readers 2 years ago, based upon the legal insights of Democratic backer and Harvard Law Professor Emeritus, Alan Dershowitz. What does that mean for investors? That and the quiet tamping down of expectations about Mueller is our featured topic 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.

 

CNNFoxNewsLeftRightMediaBiasDailyBusinessNewsMHproNEwsSharylAttkisson

MHProNews looks at issues from a wide variety of perspectives.

 

Select bullets from CNN Money…

  • Amazon cancels plans to build its New York headquarters after backlash
  • LIVE UPDATES Citi still plans to move most of its employees out of Long Island City
  • View from Virginia It’s business as usual in Arlington, VA
  • Read Amazon’s full statement ‘We’ve decided not to move forward’
  • AOC speaks Ocasio-Cortez: ‘Amazon’s corporate greed’ defeated
  • De Blasio speaks NYC mayor says Amazon ‘threw away’ opportunity
  • Big questions Will Amazon still hire 25,000 more workers?
  • Timeline Amazon’s extraordinary evolution
  • Perspectives What Amazon HQ2 says about American inequality
  • Analysis Amazon hoped to win over its ‘future neighbors.’ It failed
  • Markets partially recover from retail scare, but Coke still suffers worst day in a decade
  • Dating app reveals data breach on Valentine’s Day
  • Airbus is giving up on the A380
  • ANALYSIS The era of big passenger jets is over
  • Coca-Cola issues disappointing 2019 forecast
  • Americans are throwing out more garbage. That’s making waste collectors very happy
  • Trade fights are pushing the global economy ever closer to the edge
  • Wall Street wants an infrastructure plan, but the Green New Deal isn’t it
  • JPMorgan is creating its own cryptocurrency
  • NBA and Sky accuse Saudi Arabia of harboring media pirates
  • Why flowers get so expensive on Valentine’s Day
  • GM’s new e-bike is called Arīv
  • Pittsburgh newspaper union wants publisher barred from newsroom over ‘violent’ incident
  • Refinance rates took a sharp decline. Do you qualify?

Select Bullets from Fox Business

  • Can Trump declare a national emergency to build the border wall?
  • US stocks mixed on earnings, weak retail sales
  • Alexandria Ocasio-Cortez applauds Amazon’s NYC exit
  • Amazon paid no federal taxes for the second year in a row
  • Amazon doesn’t plan to reopen HQ2 search after backing out of NYC
  • Amazon pulls out of NYC headquarters deal after mounting opposition
  • The e-commerce giant had planned to build its new campus in Long Island City, a neighborhood in Queens.
  • Amazon scooped up government debt in 2018
  • Marco Rubio: Corporate share buyback crackdown bill coming ‘soon’
  • Lexus, Porsche top most dependable vehicles list: JD Power
  • Amazon dumps NYC, local lawmakers lose golden goose
  • Amazon HQ2: Majority of New Yorkers wanted it, despite protests
  • Amazon NYC headquarters announcement disappointing: Robert Wolf
  • World’s most expensive island oasis – with private beaches, nightclubs and resorts – is for sale
  • Amazon’s amateurish NYC debacle: Why everything fell apart
  • Michael Bloomberg to spend $500M on anti-Trump campaign: Report

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

9MarketIndicatorsYahooFinance2.14.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

ManagingMuellerRussiaProbeExpectationNBCOtherMainstreamMediaReportsSoftenInvestorImpactsPlusMHMarketUpdates600

CNN and others are saying that investigations of the Trump campaign and the president himself will go on, but NBC is now saying that “Millions of Americans may be sorely disappointed,” who have “been waiting for Robert Mueller to give them the final word on whether the Trump campaign conspired with the 2016 Russian election interference effort — and whether their president is under the influence of a foreign adversary.”

NBC and others drone on with the technical reasons why the public may or may not hear all of the dirt, or the lack thereof.  But that begs the question.  Didn’t they know that those same restrictions existed on the special counsel’s report 2 years ago?  Why were so many in media – many of whom were giddy with the prospects of removing a duly elected president via the Mueller Mechanism – negligent in saying these same things 2 years ago?

Here’s an example of the walk-back.

Expectations that we will see a comprehensive report from the special counsel are high. But the written regulations that govern the special counsel’s reporting requirements should arguably dampen those expectations,” said Chuck Rosenberg, a former federal prosecutor and NBC News analyst.

Translation?  There is no evidence that the president of his campaign actually colluded with the Russians.  Whatever the Russians attempted, it didn’t actively involve the Trump campaign, per several sources.

Recall that Project Veritas said in 2017 that a CNN producer said on hidden camera that the Russia collusion story was a big “nothing burger.”  MHProNews brought you that report, and others that logically laid out the reasons why the odds were miniscule that anything campaign connected was going to arise.

Adam Schiff and other Democratic leaders have made it clear that they will do their own investigations, regardless of whatever the Mueller probe decides. So, don’t expect this to end any time soon.  It may take a GOP recapture of the House to stop politically motivated investigations.

 

The Impact?

MHProNews reported earlier this week that trust in media has sunk to new lows.  President Trump’s approval was rising to a new high.

Once the news becomes official that this was – as the President Donald J. Trump has often said – “a witch hunt” – a possible outcome is that investors will feel more confidence in the Trump Administration.  That could be good for stocks, since investors like maximum certainty.

See Related Reports for more.

Related Reports:

Trust in News, Washington Post vs Investors Business Daily Poll Results, MHVille Impacts

Boom! Varied Reports Best Economic Optimism in 16 Years, Millions ‘Better Off’ Under President Trump’s Administration

Media Political Chess/Poker, Market$ Drop, Recover-Behind Bluffs, Noise-Analysis

“If You’re Not Catching Flak, You’re Not Over the Target”

Manufactured Housing – MHVille, It’s Not a Matter Open to Interpretation

Manufactured Housing Institute (MHI) Gives Written Responses – “Part of a Rigged, Corrupt System”

 

 

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).

2.14.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

MHVille Exclusive – Democrats Senators Sign Anti-Competitive Practices Letter to DoJ, Plus MH Market Updates

February 13th, 2019 Comments off

CNNmone2.13.2019ManufacturedHomeStocksMarketsReportsMHProNewsSome power-readers of the Daily Business News on MHProNews have effectively said, ‘you need to be blunt in telling your readers how often you raise issues that no one else in manufactured housing trade media raises.’  Others have expressed this notion, ‘your wheat and chaff’ and sourcing across the aisle are common-sense principles your competitors lack.’  Yes, we have our political favorites whose policies make sense for America and our industry. MHProNews also has those whose policies – policies, not personalities – routinely are problematic for MHVille.

That said, the Democratic U.S. Senators who signed letters obtained by MHProNews will be of interest for industry readers who look beyond the headlines at details that could prove useful for industry independents and investors. Those two Democratic letters are our featured 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 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.

 

CNNFoxNewsLeftRightMediaBiasDailyBusinessNewsMHproNEwsSharylAttkisson

MHProNews looks at issues from a wide variety of perspectives.

 

Select bullets from CNN Money…

  • The US dollar is getting even stronger
  • If the economy remains healthier than most other countries, the dollar will likely rally further
  • LIVE UPDATES Dow jumps 118 points to two-month high
  • The case for why this year will be bad for markets and 2020 will be worse
  • Trade turmoil could cause a recession this year
  • Remember MoviePass? It was just delisted
  • Former Apple lawyer accused of insider trading
  • Google to invest $13 billion in US data centers and offices this year
  • Carlos Ghosn won’t get his $34 million payout from Renault
  • Marco Rubio wants to end stock buybacks’ tax advantage
  • Levi’s wants to be more than a jeans company, so it’s going public
  • What is Rappler, the website targeted by the Philippine government?
  • Reports: Apple seeks 50% of revenue in deal with news publishers
  • Every business should have at least one of these cards (Here’s why)
  • Why flowers get so expensive on Valentine’s Day
  • Cowboy boots are pricey and tricky to buy. This startup wants to change that
  • E6TFXW Used car lot – Arlington, Virginia USA
  • More Americans are behind on their car loans than ever before
  • I binge-watched Amazon’s version of QVC for a day. Here’s what I learned
  • Levi’s thinks it can be much more than a jeans company
  • Toys ‘R’ Us wants to return to the United States
  • Can Sears ever win back its customer base?
  • Target is expanding its free loyalty program
  • Companies use your data to make cash. California thinks you should get paid
  • Amazon defends its facial-recognition technology
  • Germany orders Facebook to change how it gets data
  • Data privacy drama can’t stop Google
  • Apple says Facebook’s controversial market research app violated its policies

Select Bullets from Fox Business

  • Stocks extend week’s gains on trade optimism
  • Trump economy working for bottom 10% of Americans: Hassett
  • US government ran a $14B deficit in December
  • Tennessee ‘very interested’ in Amazon HQ2 after NYC strife
  • World’s most expensive island oasis – with private beaches, nightclubs and resorts – is for sale
  • The group of islands are set against a backdrop of the Arabian Peninsula.
  • Taxpayers fight back over IRS refunds issues
  • These are the 20 richest towns in the US
  • Here’s what change Bill Belichick made to his boat after Super Bowl win
  • Chick-fil-A gives millions in scholarships but most employees want to stay
  • 7M Americans behind on auto loan payments
  • Bill Gates says he should pay higher taxes, doesn’t ‘deserve’ his fortune
  • Tim Tebow turned down AAF offer to pursue baseball, Steve Spurrier says
  • Why Whole Foods is raising prices
  • Green New Deal: There’s some good news about it, Varney says
  • T-Mobile, Sprint battle criticism over $26.5B merger on Capitol Hill
  • Whole Foods, Netflix, U.S. stamps will cost more this year, here’s a full list
  • Trump admin charges former Apple exec with insider trading
  • Here’s what Eddie Lampert has planned for Sears
  • Chicago Cubs games to be broadcast on new cable channel this season

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

9MarketIndicatorsYahooFinance2.13.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

 

DemocraticSenatorsWarrenHarrisBookerKlobucharGillibrandSPrintTmobileAntiCompetitiveDOJFTCLetter

Senator Richard Blumenthal’s (CT-D) office provided the Daily Business News on MHProNews with two letters that on the surface may not seem to matter to our industry.

But a closer look will tell industry leaders that these policy stances – if implemented – could be a boon to manufactured housing independents, possible newcomers, and almost all save the monopolists.

The topic is the proposed merger between Sprint and T-Mobile.  This matters to MHVille because of the principles involved, as a close reading of what follows will reveal.  Keep in mind the report on MHLivingNews that cited Senator Elizabeth Warren’s legal rationale for why antitrust action could be initiated without new legislation. That report, is linked via the text/image box below. That report, could be significant for manufactured housing – if and when regulators bring action in MHVille.

 

Who Will Act? Will Senator Elizabeth Warren, and/or the Trump Administration Act to Restore Open Markets, Thereby Supporting Affordable Manufactured Homes?

 

 

Tuesday, February 12, 2019

Senators express staunch opposition to merger that would “lead to job losses and harm workers around the country” and bring “higher monthly bills for consumers.

Senators urge the Department of Justice & the Federal Communications Commission to reject the merger, warning that approval would be a sharp blow to competition” and undermine innovation.”

[WASHINGTON, DC] – Expressing their staunch opposition to the proposed merger between T-Mobile and Sprint, U.S. Senator Richard Blumenthal (D-CT) led eight colleagues today in writing to the Department of Justice’s (DOJ) Antitrust Division and the Federal Communications Commission (FCC), urging DOJ and FCC to reject the proposal. The merger islikely to raise prices for consumers, harm workers, stifle competition, exacerbate the digital divide, and undermine innovation,” wrote the senators in letters to Assistant Attorney General Makan Delrahim and FCC Chairman Ajit Pai. In the letter to Delrahim, the senators urged DOJ to seek an injunction to block the merger. The two letters were co-signed by U.S. Senators Amy Klobuchar (D-MN), Tom Udall (D-NM), Sherrod Brown (D-OH), Kirsten Gillibrand (D-NY), Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Cory Booker (D-NJ), and Edward J. Markey (D-MA).

For more than 30 years, our enforcers have understood that fostering robust competition in telecommunications markets is the best way to provide every American with access to high-quality, cutting-edge communications at a reasonable price.  This merger will turn the clock back, returning Americans to the dark days of heavily consolidated markets and less competition, with all of the resulting harms,” wrote the senators in both letters. “Our enforcement officials are the last line of defense preventing reconsolidation of our telecommunications markets at the expense of American consumers. We urge you to act to prevent this dangerous merger from proceeding.”

Consumer advocates, economists and small wireless carriers have warned that a T-Mobile-Sprint merger would increase market consolidation. The merger would result in just three competitors—down from four—covering the wireless market. This would be “a sharp blow to competition in the telecommunications industry,”wrote the senators, warning that as a result of the merger, three remaining members of this exclusive club will have every incentive to shut the door on new members, happily divide the market, and collect ever-rising monthly rents from wireless subscribers with few real alternatives.”

We are deeply concerned that the merger of Sprint and T-Mobile in particular will eliminate competition that has been shown to benefit consumers and stifle the emergence of new carriers,”the senators added.

For nearly a decade, DOJ and the FCC have acted vigorously to protect competition in the mobile market through blocking and discouraging four-to-three mergers. In 2011, DOJ acted decisively to reject AT&T’s proposed merger with T-Mobile and, according to news reports, T-Mobile and Sprint abandoned previous merger plans after conversations with federal regulators.“History has proven that those were the right decisions,”wrote the senators in both letters.

Consumers have “benefited from increased innovation and price competition” brought by a four-carrier market, as exemplified by the fierce competition of T-Mobile and Sprint. The T-Mobile-Sprint merger would undo these benefits and likely lead to higher monthly bills for consumers” and “lead to job losses and harm workers around the country,” wrote the senators in their letter to the FCC. According to one expert study, consumers would see their monthly bills increase at least 9% for post-paid plans and 10% for pre-paid plans. The proposed merger would also lead to reduced wages and kill jobs – as many as 30,000 jobs according to the Communications Workers of America.

If this merger is approved, the rising cost of wireless services will be borne most heavily by low-income consumers and vulnerable seniors who can least afford it. At least one study has concluded that this merger will dramatically increase consolidation in the prepaid market,” wrote the senators. Because low-income consumers disproportionately rely on the prepaid wireless market, these communities will suffer the most, despite being the very communities that our antitrust laws should most vigorously protect.”

In their letter, the senators also called into question claims that the merger is needed to build out 5G networks. “T-Mobile’s and Sprint’s sudden claims that neither can create a competitive 5G network separately flies in the face of announcements, disclosures, and marketing to consumers and investors over the past two years,” wrote the senators.  “Not only do each of these companies have their own path forward to achieving 5G coverage, but the financial details of this deal and the technical challenges of building a 5G network suggest that the New T-Mobile is unlikely to meaningfully speed up the deployment of nationwide 5G.”

The full text of today’s letters are available here: Letter to FCC and Letter to DOJ.

— End of statement from Senator Blumenthal’s office. —

 

Video on Same Topic Democratic Hopefuls Push Back on Deal

Eight Democratic senators are opposing a deal to merge T-Mobile and Sprint, states Watchit. The group of senators called on the FCC and Justice Department to block the merger because it will likely raise prices for consumers. But the group of senatorial colleagues have another thing in common, many are presidential candidates. The group, including Amy Klobuchar, Kirsten Gillibrand, Elizabeth Warren, Bernie Sanders, and Cory Booker, signed letters for the FCC and the Justice Department. The letters come just before the first of two oversight hearings on Capitol Hill regarding the merger.

It should be noted that the Trump Administration, including the president himself and his 2020 campaign manager, Brad Parscale, have raised their own antitrust issues.  Some examples of those are linked in related reports, below.

Time will tell what, if anything, occurs in the way of antitrust action on firms such as Berkshire Hathaway and their subsidiaries in manufactured housing.  What is beyond question to careful watchers is that compared to prior 8 – some would say 16 years – before the Trump Administration, there is more antitrust talk in the air.

 

Related Reports:

Draft EO for Trump Administration AntiTrust Order Obtained by MHProNews

Brad Says POTUS Trump is Right: More than Facebook & Twitter, Google Threatens Democracy, Online Freedom

 

 

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).

2.13.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

Legacy Housing Announces Corporate Role Changes, Plus Manufactured Housing Market Updates

February 12th, 2019 Comments off

CNNmone2.12.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe markets rocked up today, as a possible deal in Washington on “the Wall” may be brewing.  Most tracked stocks rose.  Our focus this evening will be the headline, mandated changes at Legacy Housing.

 

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…

  • Investors are cheering a reversal of two trends weighing on Wall Street: US politics and oil
  • The next round of bank mergers has finally arrived
  • Tariffs prompt US Steel to restart construction on an Alabama mill
  • Market may be ignoring risks of an earnings slowdown
  • LIVE UPDATES Marlboro owner taps bond market to finance $13 billion Juul deal
  • Electronic Arts continues to wow Wall Street
  • BBC says its cameraman was attacked at Trump rally
  • Activision Blizzard to cut 8% of its workforce
  • Nissan cuts profit forecast in first report since ousting Ghosn
  • Hannity questions ‘garbage compromise’ as lawmakers seek to avoid shutdown
  • Google Maps’ latest tool to stop you from getting lost
  • Pinterest wants to be the anti-social media platform
  • Marco Rubio wants to end stock buybacks’ tax advantage
  • Climate groups threaten lawsuit to force Shell to ditch oil
  • Every business should have at least one of these cards
  • How bad is China’s economic slowdown? It’s impossible to tell
  • Who’s hurting (and who isn’t yet) from China’s slump
  • Luxury brands are already feeling the China burn
  • Car sales drop in China for the first time in 20 years
  • China’s factory sector contracts for the first time since 2016
  • Top French journalists used Facebook group to harass women
  • The barrier for future female CEOs: Access to the boss
  • What images of women at work tell us about sexism
  • How toxic ideas about masculinity corrode the workplace
  • #MeToo identified a disease that infects business. We still have a long way to go

Select Bullets from Fox Business

  • Stocks surge on US-China trade talks, tentative budget deal
  • Taxpayers hit back over IRS refunds
  • Democrat 2020 hopefuls press Trump to sink T-Mobile, Sprint $26.5 billion merger
  • Chevron CEO committed to Venezuela amid US sanctions: Report
  • 2019 Grammys: Border wall dress ignites liberal Hollywood hatred, Joy Villa says
  • Toys R Us plans big comeback this holiday season
  • The home where Jeff Bezos launched Amazon is up for sale
  • Marco Rubio backs proposal to limit stock buybacks, a frequent target of Dems
  • Mexico’s ‘El Chapo,’ notorious cartel boss, convicted in US trial
  • Bill Belichick renames boat ‘VIII Rings’ after Patriots Super Bowl victory
  • California scrapping plan for $77B high-speed rail from LA to San Francisco
  • College students’ beginning salaries: Expectations vs. reality
  • Paul Volcker rips Trump administration over tax reform, China trade dispute
  • Valentine’s Day: Companies that profit the most off love
  • Smith & Wesson: Reputation among gun supporters is main concern
  • Former Google president: AI ‘displaces’ these US jobs

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

9MarketIndicatorsYahooFinance2.12.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

 

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 –

 

LegacyHousingAnnouncesCorporateRoleChangesPlusManufacturedHousingStockUpdates

In a news release to the Daily Business News on MHProNews, Legacy Housing (LEGH) said the following.

LegacyHousingAnnouncesSeparationofCEOExecChairmanRolesDailyBusiessNewsMHprOnews

BEDFORD, Texas, Feb. 11, 2019 Legacy Housing Corporation (NASDAQ:LEGH) today announced that, consistent with corporate governance best practices, the Company will separate the roles of Chief Executive Officer and Executive Chairman of the Board. Accordingly, Curtis D. Hodgson is transitioning from his role as Co-Chief Executive Officer of Legacy Housing to become its Executive Chairman of the Board of Directors, as approved by the company’s Board of Directors. This transition was effective immediately. Mr. Hodgson will remain actively involved with Legacy in this role, including with respect to overall corporate strategy and manufactured home park development and financing.

Kenneth E. Shipley, who previously managed the company with Mr. Hodgson as Co-Chief Executive Officers, will become the sole Chief Executive Officer of Legacy Housing.  Mr. Shipley has also been appointed by the Board of Directors to serve as Legacy Housing’s President.

Mr. Hodgson and Mr. Shipley co-founded Legacy Housing in 2005.

Mr. Shipley stated: “I look forward to continuing to work with Curt in his new role as Executive Chairman of the Board. Titles may have changed, but Curt will continue to be a critical part of our company and we will continue to rely on his strategic guidance and vision with him leading the company’s Board of Directors. Curt and I founded and built this company together, and Curt will be just as big a part of our company’s future as he is our past.  But this new role will enable him to focus on overall corporate strategy in addition to key, critical projects that will require his expertise and attention. I am excited about the future of Legacy and, in my role as CEO and President, I will continue to work as hard as I can, along with the rest of our management, to grow Legacy and find ways to provide value to our shareholders.”

About Legacy Housing Corporation

Legacy Housing Corporation builds, sells and finances manufactured homes and “tiny houses” that are distributed through a network of independent retailers and company-owned stores and are sold directly to manufactured housing communities. We are the fourth largest producer of manufactured homes in the United States as ranked by number of homes manufactured based on information available from the Manufactured Housing Institute and IBTS for the second quarter of 2018. With current operations focused primarily in the southern United States, we offer our customers an array of quality homes ranging in size from approximately 390 to 2,667 square feet consisting of 1 to 5 bedrooms, with 1 to 3 1/2 bathrooms. Our homes range in price, at retail, from approximately $22,000 to $95,000. The common stock of the company is traded on The Nasdaq Global Select Market under the symbol “LEGH.”

Forward-Looking Statement

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Investor Inquiries:

Neal Suit

(817) 799-4906

investors@legacyhousingcorp.com

 

Legacy Home Sale Feb 20-21

 

CurtisHodgsonKennyEShipleyLegacyHousingCorpCoFoundersLEGHIPOMHProNews

LegacyHousingSinglesectionalGAShowFeb2019ManufacturedHousingIndustryDailyBusinessNewsMHProNews

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).

2.12.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.