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Iran Downs US Drone, Why Didn’t Oil Jump Higher? Plus Manufactured Housing Stock Updates

June 20th, 2019 Comments off

CNNBusiness620-2019Dow30DailyBusinessNewsManufacturedHousingIndustryMHProNewsIf John Bolton and Secretary of State Mike Pompeo are advising President Donald J. Trump to take a quick march to war, it wasn’t evident today. Tonight’s focus will be on the impact on oil, with a peek at the broader market response too.

 

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

 

LeftRightMediaDivideInfGraphicSharylAttkissonMHProNews

 

CNN Business – Top Headlines

 

•          Big Tech tries to duck new round of tariffs

·        Apple, Microsoft and others have asked the White House to be excluded from the latest China tariffs

•          Big Tech braces for first presidential debates

•          Dow closes 250 points higher, S&P 500 hits fresh record

•          Slack is now worth more than $20 billion

•          Oil prices spike after Iran shoots down American drone

•          Exclusive: Bank of America CEO warns about excessive corporate debt

•          Rupert Murdoch, 88, recovering after pneumonia

•          The smart money is hedging against the United States

•          Why capping H-1B visas from India would be such a big deal

•          These are the phones you need to access 5G in the US

•          Cannabis sales could hit $15 billion globally this year

•          Apple recalls batteries in some older 15-inch MacBook Pros

•          Slack is ruining my life and I love it

•          Ford says the 2020 Mustang Shelby GT500 is its most powerful car ever

·        Bank CEO says recession not in cards

•          Stocks are flying high on trade optimism. But investors are still concerned about these 3 things

•          Blackstone CEO says the trade war won’t cause a US recession in 2020

•          Investors are the most bearish since 2008

•          The dollar has never been so popular. So why is interest in the yuan and euro growing?

•          Tesla’s black paint just got more costly

•          Bentley’s new Flying Spur sedan can go 207 miles per hour

•          Jeep’s incredible popularity is one thing Renault could really use

•          Ferrari’s first plug-in hybrid supercar is also its most powerful

•          With its hands-free system, Nissan could beat Tesla at its own game 

 

Fox Business – Top Headlines

•          Trump condemns Iran for shooting down drone but says he finds ‘it hard to believe it was intentional’

•          S&P 500 soars to record high as investors expect interest rate cut

•          Slack shares jump nearly 50% in NYSE debut

•          Investing in Slack? Here’s how much money they’ve actually been making

·        Walmart to pay more than $282M to settle bribery charges[overlay type]

·        Apple, Black & Decker and Steve Madden among US companies moving production out of China. Here’s the full list.

·        New York, California high-tax state exodus just beginning, expert warns

·        Here’s where 2020 Democrats stand on slavery reparations

·        Sen. Tom Cotton, reacting to CEOs’ abortion rights ad, says ‘some things are bigger than the bottom line’

·        Will the Fed lower interest rates in July? Here’s what traders think

·        Walmart laying off nearly 600 corporate employees from its North Carolina office

·        What China’s youth thinks about America

·        Median age in US rises to 38: How it may impact health care, entitlements

·        NYC home prices plunge after SALT deductions capped

·        How this Minnesota millionaire received ‘hundreds of dollars’ in food stamps

·        Is Trump’s new deal with Mexico a game changer?

·        Celebrity nutritionist explains how you can eat what you want and lose weight

·        Bank of America CEO says company wants a ‘cashless society’

·        A former NFL athlete’s path from football to entrepreneurship

·        These are the most independent states in the US this year: report

·        Varney: When it comes to money, America makes it rain

·        Iran’s Strait of Hurmuz oil and gas juggernaut now in the cross hairs

·        Over 30 percent of US daily supplies of petroleum and liquified natural gas go through the waterway.

·        Drowning in debt vs. government shutdown: Which would you prefer?

 

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

10MajorMarketIndicatorsSPdowNASDAQRussellOilGoldSilverEuro10YrBondVIX-620-2019

 

Today’s MH Market Spotlight Report –

Related Reports:

IranDownsUSDroneWhyDidn'tOilPricesJumpHigherPlusMHStockUpdatesGulfOman602019

Still from second video, posted below.

 

Statements from Washington, D.C. today indicate that there is a delicate balancing act being attempted.  On the one hand, the U.S. sanctions on Iran are reportedly having an impact on their economy, as the first video from right-of-center Fox Business reflects.

Their Fox Business YouTube page says, “Heritage Foundation’s Margaret Thatcher Center for Freedom Nile Gardiner on U.S. tensions with Iran and trade negotiations with China. Tensions have escalated after Iran shot down a U.S. drone near the Strait of Hormuz.”

 

 

But what’s interesting is how the Trump Administration has responded. When President Trump floated the notion in this second video that this might have been a mistake or rouge actor, that potentially gives Iran a face-saving off-ramp.  Per the Fox Business YouTube page, “Foundation for Defense of Democracies’ Jonathan Schanzer and Liberty Oilfield Services CEO Chris Wright discuss Iran’s attack on a U.S. drone and how oil prices are being affected by the U.S.-Iranian tensions.”

 

 

The question is, does Iran want that off-ramp? Time will tell if they respond, properly, and promptly enough.

Those issues aside, a key interest for industry professionals beyond the national and international ones is the price of oil and the impact on stocks.  The 45th president’s measured statement calmed the markets, and stocks that initially retreated rose instead. 

 

TopGlobalOilProducersUSSaudiArabiaRussiaCanadaChinaIraq2019-06-20_1739DailyBusinessNewsMHproNews

Still from second video.

 

Because the U.S. has become the largest producer of oil and natural gas, the impact on crude oil, while significant, was mild compared to what something like this might have caused 4 or more years ago. Additional details on the impact of oil on manufactured housing is found in the related report, below.

Related Report

Tanker Strike Spark Oil Jump, Likely Rise in MH Transport Costs, plus Manufactured Home Stock Updates

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

 

ManufacturedHousingIndustryConnectedStocksDailyBusinessNewsMHProNews

Updated:

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

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

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

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

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

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

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

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

 

Democrats React to Former VP, ‘They’ll Eat Joe Biden Alive,’ Plus Manufactured Housing Market Updates

June 19th, 2019 Comments off

CNNmone6.19.2019ManufacturedHomeStocksMarketsReportsMHProNewsLet’s be highly objective. It happened to Republicans in a crowded field they had for president in 2015-2016.  It may be warming up now for Democrats in 2019, looking ahead to 2020.  Former Vice President Joe Biden made a comment that caused two of his Democratic rivals for the Oval Office to pounce.  Others have been more subtly cutting away at Biden, who has held a lead in public polling since his announcement. On a day when the VIX dropped mildly, and several major markets rose, but a more mixed day manufactured home tracked stocks, we’ll look at a flap that could foreshadow what will happen next week at the Democratic presidential hopefuls’ debates, and beyond that venue, on the campaign trail.

 

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

 

LeftRightMediaDivideGraphicDailyBusinessNewsMHProNewsCNNFoxNewsCNBCYahoo

CNN Business

  • The Fed holds steady
  • Interest rates remain unchanged, but the Fed signaled potential rate cuts as pressure mounts
  • LIVE UPDATES Powell says the Fed doesn’t target the US dollar exchange rate
  • ‘We’re not looking at just one thing,’ says Powell when pressed on trade
  • Stocks finish higher as the Fed signals possible rate cuts
  • OPINION Congress should eliminate the debt limit
  • What you need to know about Slack’s upcoming non-IPO
  • Blackstone CEO says the trade war won’t cause a US recession in 2020
  • US Steel is idling plants, despite tariffs designed to save them
  • Colgate’s new recyclable toothpaste tube is nearly ready. It took 5 years to develop
  • The Guardian says it was warned of cyber attacks by Saudi Arabia
  • ‘Pose’ director Janet Mock makes history with a multi-year Netflix deal
  • Panera is testing out a dinner menu
  • Five female anchors file age and gender discrimination lawsuit against NY1, a prominent New York station
  • Unconventional job interview questions that actually work
  • Harley-Davidson will make small motorcycles with Chinese partner
  • Bird scooters got kicked out of San Francisco but found a loophole back in
  • Lyft returns e-bikes to streets for first time since crashes
  • Your first ride on an e-scooter will be the most dangerous
  • In some new cars and e-scooters, it isn’t up to you how fast you drive
  • Hershey’s is giving its best candy bar a makeover
  • Toblerone and Cadbury will be made with sustainable cocoa
  • Why Wendy’s brought back 50¢ Frosties
  • Halo Top goes beyond ‘volume eating’ with ice cream bars
  • Hershey’s is changing the look of its candy bar for the first time in history

Fox Business

  • Fed leaves interest rates unchanged, signals no cuts in 2019
  • Can Trump legally fire Jerome Powell as Federal Reserve chairman?
  • Powell dismisses Trump threat, says he ‘fully intends’ to complete four-year term
  • Americans spend the most on food in these 10 cities
  • Harley-Davidson partners with Chinese manufacturer to build ‘smaller, more accessible’ motorcycles
  • Facebook’s Mark Zuckerberg falls in Glassdoor’s list of top CEOs based on employee feedback
  • The biggest reason why NFL players don’t connect with fans
  • Income needed to afford a mortgage in 35 major US cities
  • Gundlach: Bond market has been saying Fed policy is too tight
  • Best Buy to repair Apple products at all US stores
  • YouTube faces FTC investigation into children’s videos, citing privacy concerns: Report
  • World Series champ Keith Hernandez ‘barely’ gets away with being a Trump fan in New York
  • Miami officials pondering cashless Super Bowl LIV at Hard Rock Stadium: report
  • Captain Sully: Boeing Max pilots need ‘muscle memory’ before flying
  • Danny Glover, Ta-Nehisi Coates testify on slavery reparations at House hearing
  • Costco sells giant, 2-pound doughnuts — but only in this region
  • Former Hollywood exec Ryan Kavanaugh eyes China for film production
  • MGA CEO drops Mattel merger pursuit: The toymaker ‘cannot be salvaged’
  • Varney: When it comes to money, America makes it rain
  • Iran, China trade and Fed watch: ‘Will they or won’t they’ cut?
  • Drowning in debt vs. government shutdown: Which would you prefer?

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

9MarketIndicatorsYahooFinance6.19.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

DemocratsReactFormerVPTheyllEatJoeBidenAlivePlusManufacturedHousingStockUpdatesDailyBusinessNewsMHProNews

Per left-of-center CNBC today:

·        Democratic presidential candidates attack presidential front-runner Joe Biden a day after the former vice president said that his ability to work with a white supremacist senator in the 1970s was an example of the type of “civility” in Congress that has since disappeared.

·        New York Mayor Bill de Blasio and Sen. Cory Booker, D-N.J., both denounce Biden by name in a break with the practice most Democrats have followed on the trail thus far. De Blasio, whose wife is black, and Booker, who is black, frame their criticism in personal terms.

·        “Eastland thought my multiracial family should be illegal & that whites were entitled to ‘the pursuit of dead n——,’ de Blasio writes.

·        Booker writes in a statement that “frankly, I’m disappointed that he hasn’t issued an immediate apology for the pain his words are dredging up for many Americans. He should.”

Former Vice President Joe Biden has been dubbed as “Sleepy Joe” by President Donald J. Trump, and has been slammed by numerous Democrats, including Representative Alexandria Ocasio-Cortez (AOC).

But Biden came under more serious scrutiny for remarks about the late lawmakers James Eastland of Mississippi and Herman Talmadge of Georgia delivered at the Carlyle Hotel in New York City on Tuesday evening. Biden said that Eastland “never called me boy” and was able to work with Talmadge despite disagreements.

 

JamesEastlandFormerUSSenatorJoeBidenKKKDailyBusinessNewsManufacturedHousingMHProNews

 

De Blasio wrote that “Eastland thought my multiracial family should be illegal & that whites were entitled to ‘the pursuit of dead n——’.” The New York City mayor included a photo of him with his wife, Chirlane McCray, and their multiracial children.  It will take something significant to give De Blasio traction in a crowded field. 

 

HermanTalmadgeDemocraticSenatorJoeBidenKKKTiesDailyBusinessNewsMHProNews

 

These two Democratic lawmakers provided an opportunity for any opponent to ‘flip the script’ on Biden, who could become a drag on a party that wants to shake it’s often sadly racist heritage.

There are several in and out of the Democratic ranks who think that his own party will ‘eat Joe Biden alive,’ because he is so gaff prone.  Time will tell.

The 2020 race is well underway, and there will be more known in the run up and aftermath of the first Democratic presidential hopefuls’ debates. So far, there are reasons to think that in the next few weeks, Elizabeth Warren may be the one that continues to rise, and challenge Biden and Senator Bernie Sanders. We’ll report, so stay tuned.

Related Reports:

Democrats, Independents, Elephant in the Room, Third Parties, 2020 Kickoff, and Manufactured Housing

Rising Star – U.S. Senator Tina Smith Pressing Manufactured Housing Regulatory, Legislative Issues

Democrats? Republicans? Political Campaigns Manufactured Housing Institute (MHI) PAC Supported

It’s Your Money, Your Future – 2020 Democratic Presidential Debate Line Up, Plus Manufactured Home Stock Updates

Dueling Statements, NAMHCO, MHI, MHARR, Weigh In On Controversial MH Bill, “George Allen Pawn Gambit”

CampaignForAccountabilityNearMonopolyRacismSteeringPredatoryLendingClaytonHomesVanderbilt21stBerkshireHathawayWarrenBuffettLogosManufacturedHousingMHProNews

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

YahooManufacturedHousingIndustryConnectedStocks6192019DailyBusinessNewsMHProNews

Updated:

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.

 

EQUITY ALERT: Levi & Korsinsky – Investigation Possible Fraud by Certain Officers and Directors of Cavco Industries, plus MH Stock Updates

June 18th, 2019 Comments off

CNNmone6.18.2019ManufacturedHomeStocksMarketsReportsMHProNewsJust when you thought it was safe for Cavco Industries (CVCO) shareholders to go back into the water again, Levi & Korsinsky, LLP have announced yet another investigation into the issues that became known on November 8, 2018.  On a day when the markets broadly rose, that will be our spotlighted feature for this evening.

 

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

 

CNN Business

  • Investors are on edge
  • Thanks to trade war and recession concerns, investors are the most bearish since 2008 crisis
  • Trump went on a Twitter rant about European markets. Here’s what it all means
  • The dollar has never been so popular. So why is interest in the yuan and euro growing?
  • Google investing $1 billion to fight Bay Area housing crisis
  • Facebook is soaring, but this investor is concerned it has too much power
  • We can’t rely on national governments to save failing communities
  • Beyond Meat went public at $25. It’s now trading around $200
  • Europe just gave the dollar a boost. Here’s why Trump hates it
  • J. Abrams close to striking production deal with WarnerMedia
  • Alex Jones hit with sanctions by judge in Sandy Hook lawsuit
  • Google is finally getting an Android version of iMessage. It’s called Chat
  • Boeing finds the first buyer for a 737 Max since its grounding in mid-March
  • Planters Peanuts is rolling out a sneaker. Yes, really
  • Inside Shake Shack’s unusual global strategy
  • Why Shake Shack is testing out a four day work week
  • Jamba Juice is dropping ‘juice’ from its name
  • Taco Bell will open 600 restaurants in India
  • Dunkin’ bet on better breakfast. It’s paying off
  • Making an old home healthier for you and the environment
  • Silicon Valley’s real estate market is finally cooling off. Sort of
  • The right way to invest in real estate
  • The secret market of private real estate listings
  • When $30,000 property taxes hit a little harder
  • Future Toyotas will automatically turn off
  • What China’s tech bonanza says about the future of autos
  • Carmakers are taking keyless entry to the next level
  • VW is creating an electric future. This is what it looks like
  • Fly inside Uber’s new air taxi cabin

Fox Business

  • Tesla under pressure as rivals prepare to launch new electric models
  • Stocks get Trump-China, ECB bump ahead of Fed decision
  • Amazon Prime Day 2019: Here’s everything we know so far
  • Winklevoss twins on Facebook’s Libra cryptocurrency: ‘We need to be frenemies’
  • Will the Fed cut interest rates during its meeting this week?
  • These colleges have the highest employment rate after graduating
  • Microsoft Windows vulnerable to ‘wormable’ BlueKeep malware, feds warn
  • Redskins deny owner Dan Snyder sailed $180M yacht to Cannes to find new stadium sponsor
  • Trump, Chinese President Xi Jinping to meet at G-20 summit, president says
  • World’s best airlines for 2019 named at Paris Air Show
  • Shanahan withdraws from consideration to be US defense secretary
  • Google promises $1B investment toward housing in San Francisco Bay Area
  • US Open Champion Gary Woodland says there’s a good reason to live in Florida
  • World’s population expected to swell to 10.9B by 2100, but then grind to halt: report
  • Red Robin, White Castle report Impossible Burger shortages as Impossible Foods struggles to meet demand
  • The most expensive lease in the US will cost you $1.5M per month
  • Are you considered middle class? Here’s 1 factor beside salary that determines your status
  • Varney: When it comes to money, America makes it rain
  • Iran, China trade and Fed watch: ‘Will they or won’t they’ cut?
  • Drowning in debt vs. government shutdown: Which would you prefer?
  • The strength of the US economy
  • Gary Woodland on the tax implications of his U.S. Open win in California
  • Men in US could outlive retirement savings by 8 years, women by 11 years: WEF
  • Tesla under pressure as rivals prepare to launch new electric models
  • BMW, Mercedes-Benz, Audi and others are all beefing up their electric offerings in a new challenge to Tesla.

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

9MarketIndicatorsYahooFinance6.18.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

LeviKorsinsinksyLegalInvestigationCavcoIndustriesOfficersDirectorsDailyBusinessNewsMHProNews

Via a press release to the Daily Business News on MHProNews:

 

EQUITY ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Cavco Industries, Inc.

NEW YORK, June 17, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky announces it has commenced an investigation of Cavco Industries, Inc. (“Cavco” or “the Company”) (CVCO) concerning possible violations of federal securities laws.

On November 8, 2018, in a Form 10-Q filing with the U.S. Securities and Exchange Commission, Cavco announced that it had previously received a subpoena from the SEC’s Division of Enforcement requesting certain documents. According to the Company, this subpoena was received on August 20, 2018. Cavco also announced that on October 1, 2018, its former Chairman, President and CEO also received a subpoena. To obtain additional information…

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171

 ##

Cavco has been taking steps to shore up their bona fides with investors.

A sampling of related reports on this often revisited, seemingly ongoing issue are linked below.  Type “Cavco Industries” and/or “Joe Stegmayer” into our search box and you will find more.

Related Reports:

Joe Stegmayer, Cavco Industries, MHI Chairman, Insights from Innovative Housing Showcase

Cavco Industries (CVCO) Officials Issue Several Warnings

Cavco Industries Investigated Anew for Violations of Federal Securities Laws, plus Manufactured Home Industry Stock Updates

Post “Debacle” – Insider Trade @ Cavco Industries – Has CVCO Hit Bottom? Plus, Manufactured Housing Equities Market Updates

8 Months of Declining Year-Over-Year HUD Code Manufactured Home Production – When Will Manufactured Housing Institute Act?

Positive, Uplifting Third-Party Reports Favor Modern Manufactured Housing, So What’s Going Wrong?

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

ManufacturedHousingIndustryConnectedstocks618.2019DailyBusinessNewsMHProNews

Updated:

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.

Sextortion, Business, Investing, FBI Reports Scam Rising, plus Manufactured Home Stock Updates

June 17th, 2019 Comments off

CNNmone6.17.2019ManufacturedHomeStocksMarketsReportsMHProNewsIt is an underreported, but rapidly rising risk for large swaths of the population. But it may hold particular risks that are not fully appreciated by investors. Tips on how to spot and avoid this problem will follow. On a day when the markets went up mildly ahead of the next Fed statement, the threats posed by sextortion will be our featured 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 below, after 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.

 

CNN Business

  • Manufacturing slows
  • The industry contracted for the first time in two years as the effects of tariffs set in
  • This week’s Fed meeting is front and center on investors’ minds
  • Christine Romans: Investors are ‘pretty sanguine.’ Here’s why
  • Amazon condemns Alexandria Ocasio-Cortez for ‘starvation wages’ comment
  • Most self-driving companies say this tech is crucial. Elon Musk disagrees.
  • Genius accuses Google of stealing song lyrics
  • BuzzFeed News staffers stage walkout in effort to compel management to recognize union
  • Bitcoin hit $9,300, its highest level in 13 months
  • Sotheby’s sold to billionaire art collector Patrick Drahi for $3.7 billion
  • He didn’t have a computer growing up. Now he’s CEO of Google
  • Walmart wants to sell its own line of steaks. Here’s why
  • Boeing is open to changing the name of the 737 Max
  • Women aren’t doing enough to secure their financial future
  • Beyond Meat will start making ‘ground beef’
  • Fired for being transgender: The fight for LGBTQ workers’ rights
  • Sexist hiring practices don’t only hurt women. They hurt men, too
  • The fight for transgender healthcare at work
  • What it’s like to be labeled the wrong gender at work
  • Minority employees are often asked to work ‘double duty’
  • Walmart wants to sell its own line of steaks. Here’s why
  • SPECIAL REPORT How a cheap, brutally efficient grocery chain is upending America’s supermarkets
  • Aldi moves into Walmart’s backyard
  • Lidl will open 25 new US grocery stores over the next year
  • The TJMaxx of supermarkets is going public

Fox Business

  • Huawei exec says there’s no link between Chinese government and telecom company
  • China’s Huawei gives Fox rare look inside headquarters amid US ban
  • How Gloria Vanderbilt became a designer jeans pioneer, fashion industry leader
  • Airbus, in blow to Boeing, to launch new long-range jet
  • Amazon slams Alexandria Ocasio-Cortez over ‘starvation wages’ comment: ‘AOC is just wrong’
  • Papa John’s, Shaquille O’Neal endorsement deal includes $4.1M payday
  • J. Watt calls on fans to ‘chip in and buy’ Whataburger after a majority stake is sold
  • Investors await Fed decision, stocks see modest gains
  • Beyond Meat’s plant-based ground meat ‘Beyond Beef’ to be added to select stores nationwide
  • Midwest corn farmer on planting season: ‘Disaster like I’ve never seen before’
  • Facebook cryptocurrency launch: Why ‘Libra’ could be worth billions
  • Celebrity chef Rocco DiSpirito: Beyond Meat IPO validates the fake meat market
  • Tariffs aren’t only way to solve problems with China, NRF’s David French says
  • Can’t find good help? Try these 3 less-tapped resources
  • Comcast launches eye-control remote for viewers with physical or mobility disabilities
  • Boeing: Defense, aerospace market to grow to $8.7T
  • Domino’s to test autonomous pizza delivery in Houston
  • Apple’s Tim Cook: Tech companies need to take responsibility for ‘chaos factory’ they built
  • Winning solutions from Fortune 500 business leaders
  • Iran, China trade and Fed watch: ‘Will they or won’t they’ cut?
  • Drowning in debt vs. government shutdown: Which would you prefer?
  • Target glitches raise concerns over the impact of tech[overlay type]
  • Target glitches raise concerns over the impact of tech
  • Driverless trucks headed to Florida roads
  • Bitcoin headed to $10K?
  • Apple’s Tim Cook slams big tech over privacy issues
  • Amazon slams Alexandria Ocasio-Cortez over ‘starvation wages’ comment: ‘AOC is just wrong’

 

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

9MarketIndicatorsYahooFinance6.17.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

 

SextortionBusinessInvestingFBIReportsScamRisingManufacturedHomeStockUpdatesDailyBusinessNewsMHProNews

Still from video posted further below.

The next three bullets are per CNBC:

  • Overall, extortion by email is growing significantly, according to the FBI’s Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported crimes, with total losses of $83 million.
  •  “The majority of extortion complaints received in 2018 were part of a sextortion campaign in which victims received an email threatening to send a pornographic video of them or other compromising information to family, friends, coworkers or social network contacts if a ransom was not paid,” according to the FBI.
  •  “Shame can be a tremendous weapon that these criminals use,” one expert explains.

If you think that sextortion only happens to billionaires or millionaires, think again. 

If you think it is only an American problem, the video that follows – which raises points applicable in the U.S. or Canada – is useful.

 

 

The world of tech and sextortion has put untold numbers at risk.  

While CNBC opted to report on this topic today, it is arguably an underreported challenge, based upon numbers supplied by the FBI.

Among the steps that arguably ought to be taken by publicly traded firms is to safeguard shareholders against the particular risk that sextortion could hold.

Have you asked firms you are invested in what steps, if any, they have taken to safeguard against the possible risks caused by sextortion or other similar scams? Surprises that seem unrelated to the core operation of a business could create an ugly surprise.

 

Related Reports:

Tips for Wealthy re Jeff Bezos Stolen Sexts Message Snag, Amazon Woes? Plus MH Market Updates

Joe Stegmayer, Cavco Industries, MHI Chairman, Insights from Innovative Housing Showcase

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

 

YahooManufacturedHousingIndustryConnectedStocksMHProNews6172019

Still from video, below.

Updated:

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

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

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

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

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

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

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

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

It’s Your Money, Your Future – 2020 Democratic Presidential Debate Line Up, Plus Manufactured Home Stock Updates

June 14th, 2019 Comments off

CNNmone6.14.2019ManufacturedHomeStocksMarketsReportsMHProNewsWhatever your political viewpoint – left, right, center, or meh – the upcoming 2020 presidential, congressional, and state races will have a serious impact on your business and investments.  So it pays to be in the know. Tonight’s spotlight report will follow our left-right headline review. On a day when many stocks rose, that will be our featured 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 below, after 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.

LeftRightMediaDivideInfGraphicSharylAttkissonMHProNews

CNN Business

  • Unintended consequences
  • Houses line the street in the Crenshaw neighborhood of Los Angeles.
  • Opportunity Zones were developed to help the poor. But trendy areas are benefiting
  • WEALTH COACH Can average investors take advantage of Opportunity Zones?
  • Quicken Loans settles with Federal Housing Authority in fraudulent lending case
  • Stocks are pointing lower. Global growth worries return. Here’s what’s happening in markets today
  • Chewy raises $1 billion in IPO
  • Women across Switzerland are on strike to protest the gender pay gap
  • NASA will need billions for moon landing, administrator says
  • What it takes to be a $200,000-a-year nanny
  • US oil imports from OPEC plunge to 30-year lows. China’s are surging
  • EXCLUSIVE With political scrutiny mounting, Google goes on job creation tour
  • Sundar Pichai warns against pushing to regulate big tech simply ‘for the sake of regulating’
  • Why tech may need to slow down
  • On-demand workers are protesting — using the apps they work for
  • EXCLUSIVE It’s time for businesses to start saving the oceans, argue Marc Benioff and Marco Lambertini
  • Broadcom was stung by US Huawei ban, dragging chipmaking industry down
  • Fake videos are a threat to the 2020 US election. This could stop them
  • Why it’s getting harder to spot a deepfake video
  • Will Facebook remove a fake video of its own CEO?
  • The US government is racing to fight deepfake
  • What is a deepfake, explained
  • Toyota cars will now turn themselves off if you forget
  • Gas prices could fall below $2 a gallon for many Americans
  • The US oil boom is making history
  • America’s CFOs are bracing for a recession
  • This is why America’s travel business is worried

Fox Business

  • Midwest corn farmer on planting season: ‘Disaster like I’ve never seen before’
  • US stocks trade lower on weak Chinese data, chip shares
  • PetSmart’s Chewy shares soar during its market debut
  • Amazon’s online market share may be smaller than previously thought
  • Cities where most residents have credit card debt of $10,000 and higher: report
  • Warren Buffett breaks million-dollar tradition at Tron CEO’s request
  • Raptors architect Masai Ujiri to be offered $10M, ownership stake to run Wizards: Report
  • Trump administration expands pre-tax accounts for health insurance coverage
  • Don’t run out of money in retirement: 4 tips to protect savings
  • Trump’s pounding of Federal Reserve to continue he says
  • King Arthur Flour recalls more than 14,000 cases of flour over possible E. coli contamination
  • The Beatles’ first contract with Brian Epstein could fetch 6-figure bid at auction
  • AOC, Bernie Sanders skewer Amazon Prime’s new credit card: We ‘intend to outlaw it’
  • LIQS puts a high-end twist to your typical cocktail shot
  • Mike Huckabee: Sarah Sanders running for Arkansas governor ‘could happen’
  • Biden vs AOC: VP’s 2020 run pits him against Democratic progressives
  • These are the least affordable housing markets in the US, study says
  • Will Kamala Harris prosecute President Trump?
  • Biden blasts Amazon for tax strategies that Obama supported
  • Like oil and gas dominance, America can win rare earth production
  • Trump defends remarks about taking foreign government intel on rivals
  • Sanders’ socialism vs. Biden’s nostalgia
  • How this Eagle Scout earned 138 badges
  • Tesla will be purchased: Scott Galloway
  • Biden blasts Amazon for tax strategies that Obama supported
  • Amazon’s ‘zero tax liability’ is a feature, not a bug of the tax code.
  • Outlook for retail in America

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

9MarketIndicatorsYahooFinance6.14.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

FirstDemocraticDebateNight1WedJune262019DailyBusinessNewsMHProNews

Still from video, below.

Did you watch right-of-center Fox News’ town hall with former HUD Secretary Julian Castro last night?  We did.

 

The video report from left-of-center MSNBC provides the lineups for each night of the first 2020 Democratic debates as announced. Steve Kornacki breaks down what to watch for each evening.

As a reminder to readers, the plan here on campaign coverage for 2020 looks like this. We will cover Democrats, Republican, and any independents – such as Howard Schultz, or a stronger minor party – in the run up for the next several months, amidst other industry reports.

FirstDemocraticDebateNight2ThuJune272019DailyBusinessNewsMHProNews

Still from video, above.

We know that several 2020 candidates have already taken aim at manufactured housing industry issues.

Indeed, if you ponder former GOP presidential hopeful, and now HUD Secretary Ben Carson, plus others in Congress, there have been strong signals sent from both sides of the political aisle that manufactured housing could be a campaign topic.

We plan to lay the groundwork and cover it.

As we get into the early primary states, at some point we will underscore those candidates that we believe will be the best for the industry in our ‘We Provide, You Decide’ © fashion.

Then, once the candidates are finalized, we’ll ponder formal endorsements.

It’s your money. If you thought 2016 was a wild ride, our sources tell us to expect 2020 to make it look tame. So stay tuned.

Related Reports:

Manufactured Home Communities’ Dodd-Frank Moment Looms, Senator Elizabeth Warren Takes Aim at Several Manufactured Housing Institute Community Members

 

HUD Secretary Ben Carson Address to Innovative Housing Showcase, Complete Official Speech Text

Positive Congressional Reactions – Innovative Housing Showcase, HUD, MHEC, MHI, and Other Insights

Senate Democrats – Including 2020 Presidential Contenders – Ask CFPB Protect Consumers Against Predatory Lenders — Point Finger at Clayton Homes, Berkshire Hathaway Lending

Investigating Fannie Mae, Freddie Mac Over Duty to Serve Manufactured Housing

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

 

YahooManufacturedHousingIndustryConnectedStocks6.14.2019DailyBusinessNewsMHProNews

Updated:

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.

Tanker Strike Spark Oil Jump, Likely Rise in MH Transport Costs, plus Manufactured Home Stock Updates

June 13th, 2019 Comments off

CNNmone6.13.2019ManufacturedHomeStocksMarketsReportsMHProNewsWhen the cost of crude oil goes up or down, sooner or later, the cost for transporting a manufactured home will also routinely rise or fall.  So, this evening’s market focus is on the literally explosive situation off the Iranian coast near the Straights of Hormuz, where much of the world’s Middle Eastern oil is transported through. 

 

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

 

CNN Business

  • A telling reaction
  • The oil market didn’t react much to the tanker attacks in Oman. Here’s why
  • Oil up 4% after two tankers were attacked off Iran’s coast
  • Why the Strait of Hormuz is so important
  • GE could sell its stake in dozens of startups
  • Spotify is betting big on podcasts. Its new redesign shows just how much
  • Callaway Golf’s stock soars after activist discloses big stake and pushes for sale
  • Rivals Microsoft and Oracle are teaming up to take on Amazon Web Services
  • New ‘megatrend’ ETFs let you invest in everything that’s cool
  • Britain’s wildly popular Monzo banking app is coming to America
  • UK government may intervene in Saudi investment into London papers
  • What is Truist? Soon it’ll be one of America’s biggest banks
  • Southwest Airlines extends flight cancellations through September 2 because of Boeing 737 Max grounding
  • House Intel chair sounds alarm in Congress’ first hearing on deepfakes
  • First on CNN Business: 600 companies including Walmart, Costco and Target warn Trump on tariffs
  • These companies could save the IPO market
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  • What it takes to be a $200,000-a-year nanny
  • A production model of the Samsung Galaxy Fold Tablet smartphone can be seen at a presentation.
  • AT&T cancels preorders for Samsung Galaxy Fold, patents stretchable phone
  • Google releases first photo of the Pixel 4
  • Huawei exec says it has to ‘wait a little bit longer’ to become the world’s biggest smartphone brand
  • Huawei phones will no longer come with Facebook apps
  • The iPhone’s new dark mode: Why you should care
  • KFC are officially trialling a vegan burger, known as the 'Imposter Burger.'
  • KFC is launching a vegan chicken burger in the UK
  • Even Tyson is getting in on the plant-based meat craze
  • Beyond Meat’s stock is up nearly 500%. That’s really too good to be true
  • Beyond Meat introduces new, meatier burger patty
  • Burger King’s Impossible Whopper arrives in San Francisco

 

Fox Business

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  • Tesla’s request for China tariff relief denied by Trump administration: Report
  • Colorado’s marijuana revenue surpasses $1B
  • Trump says Sarah Sanders will leave White House at the end of June
  • Great Recession still hurting? 23% of Americans say their financial situation is ‘worse’ now
  • Colorado’s marijuana revenue surpasses $1B
  • Venezuela to issue 50,000 bolivar bill, equivalent to about $8
  • Atlanta Braves stadium to get new name after BB&T-SunTrust merger
  • Social Security can boost your retirement savings, here’s how
  • Tax revenues to grow 50% over next decade: Rep. Brady
  • OJ Simpson murder case, 25 years later: Ron Goldman’s father details baffling ‘confession’
  • Retirees across the world will outlive their savings by years, report says
  • Hatch Act violation would have gotten me fired: Fmr. Obama adviser Valerie Jarrett
  • Universal Orlando’s much anticipated $300M ‘Harry Potter’ roller coaster is now open
  • AOC, Bernie Sanders skewer Amazon Prime’s new credit card: We ‘intend to outlaw it’
  • Chobani to pay Idaho school district’s $85,000 lunch debt
  • NBA Finals Game 6 ticket prices at record levels for Warriors’ last game at Oracle Arena
  • Ben Carson rips red tape behind the soaring housing costs
  • DNC spending more than it’s raising ahead of 2020 election
  • Will Kamala Harris prosecute President Trump?
  • 2019 ‘Pig Book’ finds government’s pork addiction getting worse
  • Like oil and gas dominance, America can win rare earth production
  • Trump defends remarks about taking foreign government intel on rivals
  • Sanders’ socialism vs. Biden’s nostalgia
  • How this Eagle Scout earned 138 badges

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

9MarketIndicatorsYahooFinance6.13.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

TankerStrikeSparkOilJumpLikelyMHTransportCostsManufacturedHomeStockUpdates

 

 

Per CNBC:

·        Attacks on tanker ships near the world’s busiest sea lane for oil shipments send oil prices sharply higher, partially reversing a deep slump in crude futures.

·        Tankers the Front Altair and the Kokuka Courageous have sustained significant damage in the Gulf of Oman, and their crews have been evacuated.

·        The strikes come against a backdrop of heightened tension between the U.S. and Iran and follow last month’s attacks on four tanker ships in the Middle East.

 

 

This oil spike graphic tells the tale at a glance.

 

WestTexasCrudePriceSpikeJune132019

 

 

 

Not only is transport cost of a manufactured home from the production center to a retailer or community impacted by a rise in oil prices, but also the cost of any secondary moves from a retailer to the home buyer’s site is impacted too.

Furthermore, products are transported to the production center, so those costs will ultimately be passed along too.

The Daily Business News on MHProNews will monitor these developments.

Related Reports:

Is War Ahead? Insider Sources in Iran Talk Trump, Middle East Conflicts, plus Manufactured Home Market Updates

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

 

YahooFinanceManufacturedHousingConnectedStocks6132019MHProNews

Updated:

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

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

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

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

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

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

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

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

“Have…Giants…Stifled Competition,” Antitrust Battle Lines in D.C., plus Manufactured Home Market Updates

June 12th, 2019 Comments off

CNNmone6.12.2019ManufacturedHomeStocksMarketsReportsMHProNewsFor the relatively small numbers in MHVille that follow only other manufactured housing industry trade media, not this platform, they would be almost completely in the dark about the forming battle lines about bipartisan antitrust concerns.  While the various political voices may have differing approaches or solutions, they nevertheless broadly are starting to agree that stifling competition is harming almost every aspect of American economic life.  So, of course it stands to reason that it impacts manufactured housing too.  Some mainstream coverage, and talking points from the DOJ’s top antitrust watchdog, will be our focus this evening.

Pay close attention to the left-right headlines on CNN  and Fox Business this evening, which makes clear that this drum beat of antitrust is not to be taken lightly by investors.

 

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

 

CNN Business

  • Big Tech crackdown could blow up your portfolio
  • Antitrust lawsuits against Facebook and others could be costly to investors
  • Facebook disputes WSJ report about Mark Zuckerberg and ‘problematic privacy practices’
  • Top tech execs warn that breaking their companies up will make problems worse
  • LIVE UPDATES Stocks close lower for second day in a row
  • Investors think a rate cut is coming. But the Fed might disappoint, strategist says
  • Birchbox wants Walgreens to help it reach the everyday consumer
  • CrowdStrike soars in public debut
  • SpaceX launches satellites for the Canadian government
  • Whistleblowers’ rights could be at risk under Trump’s new labor board
  • Uber unveils its vision of flying taxis
  • Tiger Woods’ comeback is great for the golf business
  • Bentley’s new Flying Spur sedan can go 207 miles per hour
  • Tim Hortons will start selling Beyond Meat sandwiches across Canada
  • Fake videos are a threat to the 2020 US election. This could stop them
  • Why it’s getting harder to spot a deepfake video
  • Will Facebook remove a fake video of its own CEO?
  • The US government is racing to fight deepfake
  • What is a deepfake, explained
  • Gas prices could fall below $2 a gallon for many Americans
  • The US oil boom is making history
  • America’s CFOs are bracing for a recession
  • This is why America’s travel business is worried
  • The US economy is about to break a record. These 11 charts show why

Fox Business

  • J&J, Colgate talc powder lawsuit: Firms ordered to pay nearly $10M
  • Bernie Sanders defends democratic socialism in key speech
  • Ford recalls 1.2M Explorer SUVs for suspension issue that could lead to crash
  • Stocks lower on trade worries, interest rate concerns
  • Facebook emails show CEO Mark Zuckerberg potentially knew about privacy issues, report says
  • Kohl’s to close all Off/Aisle discount stores
  • Companies with the best 401(k) plans, from Chick-fil-A to United Airlines
  • Connecticut Democrats to raise taxes on these items
  • Baby boomers aren’t to blame for Social Security troubles, study suggests
  • High-tax states dealt SALT workaround blow, but these strategies are still viable
  • Huawei urges Verizon to pay fees on over 200 patents
  • This is how Americans spend their money based on their education level
  • What is Julian Castro’s net worth?
  • Harvard offers $12K class for wealthy millennials to learn to invest for good
  • Are we heading into a recession? Some CFOs think it could happen soon
  • United Technologies CEO explains why Boston is key for new aerospace giant
  • George Papadopoulos: Undercover FBI wiretaps will exonerate me
  • Trish Regan: Did the FBI possibly entrap a Trump campaign aide?
  • 2019 ‘Pig Book’ finds government’s pork addiction getting worse
  • Mexico tariffs averted, USMCA back in bullseye
  • The Moon is a waypoint, Mars is the real destination: NASA Administrator
  • The key lifestyle changes to prevent chronic illnesses
  • Joe Biden changes his stance on China

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

9MarketIndicatorsYahooFinance6.12.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Today’s MH Market Spotlight Report –

HaveGiantsStifledCompetitionAntitrustBattleLinesDCplusManufacturedHousingMarketUpdates

Still from video, posted below.

Investors, look at which firms you are invested in.

Buckle up, because even though this promises to be a multiple year battle, it is one that per a range of mainstream sources is forming over antitrust concerns.

While they are talking about big tech for the most part, some of the allegations being made against big tech apply arguably just as much to Clayton Homes, and perhaps others that are Manufactured Housing Institute (MHI) members. 

The first video is from left of center CBS News. Let’s not forget that Berkshire Hathaway and Amazon have roughly a billion dollars’ worth of stock connections, per BRK’s recent statement. Furthermore, Amazon has entered the prefab industry.  Last for now, but not least, the control that big tech wields over information is not to be overlooked as it impacts manufactured housing and all other news day-by-day.

 

 

 

Per Right of Center Fox News…

Read this carefully, and ponder ‘Berkshire’ instead of big tech.  Doesn’t the phrasing similarly fit?

The Justice Department’s assistant attorney general highlighted the antitrust case against Silicon Valley’s major players during a Tuesday speech.

Makan Delrahim described a range of possible arguments against tech companies as his office takes the lead in probing Google and, possibly, Apple. Separately, the Federal Trade Commission is overseeing inquiries into possible antitrust practices of Facebook and Amazon.

Recall that MHProNews previously spotlighted Delrahim’s “November Rain” address. For that related address, see the link below.

 

“November Rain” – DoJ’s Top Antitrust Cop – Assistant Attorney General Makan Delrahim ABA Speech on Antitrust Enforcement for Americans

 

Makan Delrahim said the Justice Department takes a much broader view.

The Antitrust Division does not take a myopic view of competition. Many recent calls for antitrust reform, or more radical change, are premised on the incorrect notion that antitrust policy is only concerned with keeping prices low,” he said in his speech at the Antitrust New Frontiers Conference. “It is well-settled, however, that competition has price and non-price dimensions.”

Besides price, “diminished quality” is a factor the Justice Department would consider.

As an example, privacy can be an important dimension of quality. By protecting competition, we can have an impact on privacy and data protection. Moreover, two companies can compete to expand privacy protections for products or services, or for greater openness and free speech on platforms,” Delrahim said.

 

Exclusive Agreements

Delrahim said the Antitrust Division has a history of investigating “exclusive conduct” under Sections 1 and 2 of the Sherman Act.

“[Exclusivity agreements] also can be anticompetitive, however, where a dominant firm uses exclusive dealing to prevent entry or diminish the ability of rivals to achieve necessary scale, thereby substantially foreclosing competition,” he said. “This is true in digital markets as well.

MHProNews sources in Washington say that our industry’s antitrust concerns have been raised at the highest levels’ of the Department of Justice’s antitrust division.  DoJ is officially mute on the topic at this time.

An MHI connected source, with no ties to MHARR, has told MHProNews that Berkshire Hathaway has shaken up its antitrust legal team.  The indications?  Per that informed source, they are preparing for an antitrust action.

Investors: don’t get caught in a Cavco Industries style surprise.  While the report below doesn’t mention antitrust, keep in mind that the Seattle Times reported several federal investigations are underway. Think of the following as the tip of an iceberg, and consider it in the context of the DoJ statements above and linked.

 

DougRyanAmericanBankerManufacturedHousingMonopoly-postedDailyBusinessNewsManufacturedHousingIndustryProNews-575x237

While MHI’s SVP Lesli Gooch has denied the charge, Doug Ryan at CFED, and long time MHI member, George Allen, are among those who’ve raised the issue of monopolistic practices by MHI. So, while MHProNews has led the charge, ours is far from the only voice.

In reading the above, consider the report on Clayton, 21st, and Berkshire Hathaway, in the report, documents, video and other evidence, linked below. 

Related Reports:

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

Smoking Gun?!? In a series of direct quotes in context, a document from 21st Mortgage signed by Tim Williams, and video recorded comments by Kevin Clayton, these all line up to demonstrate how independent retailers, communities, and producers – among others – where purportedly harmed by action that could be deemed an antitrust violation. Why hasn’t Allen told his readers how that cost them money? https://www.manufacturedhomelivingnews.com/bridging-gap-affordable-housing-solution-yields-higher-pay-more-wealth-but-corrupt-rigged-billionaires-moat-is-barrier/

Cavco Industries Investigated Anew for Violations of Federal Securities Laws, plus Manufactured Home Industry Stock Updates

 

Joe Stegmayer, Cavco Industries, MHI Chairman, Insights from Innovative Housing Showcase

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

YahooFinanceManufacturedHousingIndustryConnectedStocks6122019dailyBusinessNewsMHProNews

Updated:

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.

 

News Media Alliance Slams “Anti-Competitive Behavior,” Report, Congress Investigates – Plus Manufactured Home Stock Updates

June 11th, 2019 Comments off

DowCNNBusinessClosingTicker6112019DailyBusinessNewsManufacturedHousingMHProNewsIn a media release, the News Media Alliance published a study that examines ‘Anti-Competitive Behavior’ and what it costs their industry. This obliquely impacts every American, and in several ways touches upon issues that matter to the manufactured housing industry too. Testimony has taken place before Congress on this topic. Their executive summary as well as their full research results are part of this evening’s report, along with our normal manufactured home industry connected stocks evening recap features.

Let’s get started…

 

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

LeftRightMediaDivideCNNFoxYahooCBSNewsMHProNews

CNN Business

·        No new orders for Boeing – the company hasn’t sold a single aircraft for the second month in a row

·        How much longer will the 737 Max be grounded? There’s no end in sight

·        Half of the world will have 5G coverage in five years

·        LIVE UPDATES Dow snaps six-day winning streak

·        Sprint and T-Mobile may face another legal challenge to merger

·        Elon Musk will face Tesla’s shareholders

·        Beyond Meat’s stock is up nearly 500%. That’s too good to be true

·        OPINION Trump’s trade war is here to stay. Companies like mine will pay the price

·        Disney doing what it does best with ‘Frozen 2’ trailer

·        Birchbox thinks it found a niche: Burned-out Americans

·        Prominent white supremacists still on YouTube after ban

·        America’s renewable energy capacity is now greater than coal

·        Fly inside Uber’s new taxi cabin

·        Everything you need to see at Star Wars Galaxy’s Edge

·        This airless tire could eliminate flats

·        Watch this robot clean skyscraper windows

·        These are the unexpected winners of the grocery wars

·        Half of us find our new home online. So why pay Realtors?

·        Even CEOs can suffer from impostor syndrome

·        College grads earn $30,000 a year more than people with just a high school degree

·        This startup brings birth control to your doorstep, with or without insurance

·        The real reason you aren’t getting promoted at work

·        Sequel to Zelda, Smash Bros. DLC characters and more revealed at E3 2019

·        It’s YouTube’s time in the barrel

·        Uber competitor launches in London (again)

·        Viw on the German HQ of the online shopping giant Amazon in Munich

·        Amazon shutters restaurant delivery service

·        Meteorologist criticizes his TV station on air

·        Infowars to pay Pepe the Frog creator $15,000 to settle copyright dispute

·        Footage from Bryan Carmody surveillance footage shows San Francisco police officers raiding his home on May 10, 2019.

·        San Francisco police seize equipment of freelance journalist who refused to identify a source

·        Colbert: Trump is taking credit for deals already in place

·        OperaVR sells virtual-reality headsets and and content to dentists that patients can use during visits.

·        How VR is helping flyers and dental patients calm down

·        Walmart turns to robots and apps in stores

·        Toyota is using Microsoft’s HoloLens to build cars faster

·        Broadway ditches age-old processes to run shows with iPads

·        Kevin Holesh works on the Moment app from his RV trailer.

·        Meet the unlikely duo trying to save us from our screens

·        TikTok is the latest social network sensation

·        The CEO of this driverless car company still loves to drive

·        Smart glasses for the hard of hearing are changing theater in London

 

Fox Business

·        Amazon surpasses Google, Apple as world’s most valuable brand

·        WATCH: DOJ may approve T-Mobile, Sprint merger, says Charlie Gasparino

·        Lawsuit aiming to block T-Mobile-Sprint merger filed by group of US state AGs

·        US Congress members: A look at perks and pay

·        From pension plans to parking perks, a look into lawmakers’ work lives.

·        What Trump’s new ethanol rules mean for you

·        Fired Google employee cries foul play in ‘kangaroo court’ investigation

·        Lawsuit claims LaCroix planned to announce cans were BPA free when they weren’t

·        Starbucks to test reusable cups at London’s Gatwick Airport as way to cut down on waste

·        How Warriors star Kevin Durant’s Achilles injury impacts his financial options

·        Americans have critical misconceptions about mortgage requirements

·        Dallas Cowboys owner Jerry Jones buys energy company for $2.2 billion

·        New Jersey governor signs panic button bill to give hotel room cleaners ‘security’

·        Seniors more likely to work past 65 in these locations, survey says

·        After AllianceBernstein, Amazon deals, is Nashville the country’s new economic hotspot?

·        10 best US states to live in 2019, according to WalletHub

·        Soccer star Lionel Messi tops Forbes’ ‘World’s Highest-Paid Athletes’ list

·        IRS warns of impending higher tax penalty for late filers

·        Uber helicopter rides in New York City are safe, air taxi boss says

·        Lamborghini, Rolls-Royce and Aston Martin luxury car prices dropping significantly: report

·        Trish Regan: Did the FBI possibly entrap a Trump campaign aide?

·        Maria Bartiromo spoke with Carter Page on Sunday.

·        Despite Brexit mess, Theresa May should be treated kindly by history

·        Biden’s, Warren’s and Bloomberg’s impossible (and expensive) green dreams

 

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

YahooSPDowNASDAQRussell2000OilVIXGoldSilverEero10Yr6112019DailyBusinessNewsMHProNews

 

Today’s MH Market Spotlight Report –

NewsMediaAllianceSlamsAntiCompetitiveBehaviorReportCongressInvestigatesPlusManufacturedHomeStockUpdateMHProNews

 

Before we tackle the News Media Alliance research, let’s take a step back and look at this through the lens of manufactured housing.

Be it Google, Google News, YouTube, or various social media platforms such as Facebook, or other tech giants – Apple, Amazon, and Netflix – what people see is based in large part on ranking of stories.

The Fox News video of Steve Hilton with HUD Secretary Ben Carson, posted below, was published on YouTube on Apr 22, 2019, and as of 6.11.2019 at about 4:33 PM ET has had 31,669 views.  But finding that needle in the billions of pages online is a matter of algorithms and various methods used by Google or others to ‘rank’ a page.  By contrast, Last Week Tonight with John Oliver’s viral hit, “Mobile Homes” has topped 6 million views.  

 

 

In fairness and for balance, MHProNews and MHLivingNews routinely ranks well in a variety of Google searches.   

 

Platforms stand between the public and news media, and thus act as “regulators” of everything about our business, said David Chavern, president and CEO of News Media Alliance to CBS news’ morning show.

 

 

When big tech censors, or demonetizes a video, page or site, that impacts businesses and jobs.

While the claims of the News Media Alliance (NMA) have several possible applications to the manufactured housing industry, an oddity is that they are not asking Congress to regulate or break up big tech, as others have been calling for with increasing frequency.

Instead, what the NMA are asking for is a temporary exemption from antitrust laws, so they can better negotiate with big tech, and not be accused themselves of breaking antitrust laws.

That exemplifies the Gordian knot that exists. Especially independent journalists fear that they will be crushed, based upon current trends.

As Chavern said, the tech giants horde data, and decide what we see. When Google’s Chrome browser began to block certain ads, that struck and scores of businesses revenue streams.

 

GoogleHowBenefitsFromNewsMediaAllianceCBSNewsDailyBusinessNewsMHProNews

This market power arguably impacts every business of every kind in the USA. That’s not limited to Google, it applies to various degrees to Facebook, Apple, Amazon and Netflix (FAANG) and Microsoft too. MHProNews sees value to including Berkshire Hathaway in breakup calls being investigated on Capitol Hill. #DeFaangBM.

 

The executive summary of the findings of the NMA claim that Google alone made some $4.8 billion dollars from the current system in 2018, by their use of other organization’s news content. Google called it a back of the envelope calculation, but NMA said that their outside research firm may have been low in their estimate.  Google says the deliver 10 billion clicks globally to news sites, every month, per Fox News.  One question that not many seem to be asking, is how many click are never made due to snapshots or previews of a news story? That’s not easy to say.

Legal minds are telling MHProNews this move, while obviously not the strongest argument that the NMA could make, could have several implications for the manufactured home industry.

NMA’s executive summary is linked here.  Their full research is linked here as a download.  CBS News noted that there appears to be strong bipartisan support for the NMA’s request.  Of course. It isn’t asking for the tech giant’s breakup.

As a disclosure, MHProNews and our general public focused sister site, MHLivingNews, are not members of the NMA.

Related Reports:

U.S. Chamber hits POTUS on ‘Weaponization of Tariffs,’ POTUS Trump Hits Back, plus Manufactured Home Stock Updates

Borders, Tariffs, and Looming Antitrust – plus Manufactured Home Market Updates

Big Tech, Big Brother, 1984, Manufactured Home Professionals, and You

George Orwell, All Issues Are Political Issues, Manufactured Housing Challenges, and You

 

Yahoo Finance Closing Ticker for MHProNews…

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

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

YahooManufacturedHousingIndustryConnectedStocksClosingTickers6.11.2019DailyBusinessNewsMHProNewsUpdated:

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.

 

U.S. Chamber hits POTUS on ‘Weaponization of Tariffs,’ POTUS Trump Hits Back, plus Manufactured Home Stock Updates

June 10th, 2019 Comments off

CNNmone6.10.2019ManufacturedHomeStocksMarketsReportsMHProNewsOn a day when the largely markets rose, an interesting item to look at tonight is a tie-in with the tariff controversy.  One will recall that Kevin Clayton decided to weigh in on the tariff issue, ICYMI, or need a refresher, see that linked here. On the same left-of-center business network, CNBC, we get some back and forth between the U.S. Chamber of Commerce, which is undermining confidence in the president’s tariff strategy, vs. the 45th President of the United States (POTUS), Donald. J. Trump’s, reactions to those comments on tariffs and trade.  That will be our focus report this evening.

 

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

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

 

Select bullets from CNN Money…

  • America’s epic oil boom is just starting
  • The US will produce 13.4 million barrels daily by the end of 2019. Here’s what that means for OPEC
  • The stock market is ‘spoiled’ by rate cuts
  • Target is sweetening its employee benefits to keep workers and attract new ones
  • LIVE UPDATES Dow logs gains for sixth day in a row
  • United Technologies and Raytheon are merging in an aerospace mega-deal
  • Club Med’s Chinese owner wants to buy Thomas Cook
  • Corporate America’s shrinking mountain of cash
  • America’s most cash-rich companies
  • PERSPECTIVES Corporate debt is rising, but it’s safer than it looks
  • HBO cancels ‘Vice News Tonight,’ severing relationship with Vice Media
  • Why CNN’s Jim Acosta titled his new book ‘The Enemy of the People’
  • John Oliver on the Equal Rights Amendment: Which state wants to make it happen?
  • Even CEOs can suffer from impostor syndrome
  • Burger King’s Impossible Whopper arrives in San Francisco
  • The list of 180 companies that say restricting abortion is bad business
  • American’s Boeing 737 Max fleet will stay idle longer than expected
  • Boeing says some of its 737 Max planes may have defective parts
  • 737 Max crisis is a ‘defining moment’ for Boeing, CEO says
  • United Airlines will cancel more Boeing 737 Max flights
  • More bad news for Boeing
  • German discount grocery store Aldi moves into Walmart’s backyard
  • How a cheap, brutally efficient grocery chain is upending America’s supermarkets
  • Lidl will open 25 new US grocery stores over the next year
  • These are the unexpected winners of the grocery wars
  • Instacart wants to make grocery shopping effortless

 

Select Bullets from Fox Business

  • Walmart vs. Amazon: Who is ahead in battle for retail dominance?
  • Bernie Sanders slams Amazon for perpetuating Seattle homelessness after killing ‘head tax’
  • China imports slump most in nearly 3 years
  • WATCH: Helicopter pilot dead after chopper crash into New York City skyscraper
  • Famous New York City restaurateur says restaurant industry can’t fill jobs
  • NBA Finals: Justin Trudeau, Nancy Pelosi place bet on Raptors-Warriors outcome
  • IRS warns taxpayers about new twists on scams
  • Wealthy millennials are leaving these states – and moving to these instead
  • Here’s how much Pete Buttigieg, husband have in student loan debt
  • Trump tariffs encourage US companies to shift plans away from China
  • Target boosts paid family leave, child care benefits in tough labor market
  • Beverly Hills Mayor explains the real reason for banning all tobacco sales
  • Ford’s new police Explorer aimed to dominate law enforcement
  • Rare ‘Murderers’ Row’ era Babe Ruth jersey can set record on auction block
  • 5 retirement mistakes you are likely making
  • Trump on United Technologies-Raytheon merger: ‘I’m a little concerned’
  • This company is offering $1,000 to someone willing to give up their smartphone and use a flip phone
  • ‘Jeopardy!’ champ Ken Jennings: James Holzhauer is the most phenomenal thing ever seen
  • Salesforce to purchase Tableau Software in $15.7 billion deal
  • Markets cheer US-Mexico deal, but it’s not over until it is
  • Despite Brexit mess, Theresa May should be treated kindly by history
  • Biden’s, Warren’s and Bloomberg’s impossible (and expensive) green dreams
  • Beverly Hills to ban sale of most tobacco products by 2021
  • Markets eyeing G20 more than the Fed: strategist
  • Undocumented immigrants to receive health benefits in California

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

9MarketIndicatorsYahooFinance6.10.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

USChamberMyronBrilliantWeaponizationTariffsPOTUSTrumpitsBackManufacturedHomeStockUpdates

Let’s be clear.  Big business has literally sold out millions of formerly American jobs on the alter of their interests in other countries. That has occurred under both Democratic and Republican administrations, so it isn’t a partisan statement.

Certainly, within the bounds of the law, it may be legal to do what they’ve done.  That’s not the question.  The issue, instead, is has it been good or bad for America?  Has it cost our federal government untold billions, in the form of both more domestic public assistance programs, and in terms of higher defense costs to defend against the growing economic/military/cyber clout of nations American dollars have enriched?

What some have deemed ‘the swamp’ ought not to be construed as meaning only Washington, D.C. or national politics. There is swamp-like thinking that has and continues to occurr in business, among nonprofits, and certainly in politics too.  Indeed, for truly expert power players who work ‘the system,’ they may mix in media and fund subtle cultural levers, plus the others just noted, into what they see as their advantages in separating people from their money or opportunities.

While the U.S. Chamber has been thought of as a right-of-center resource, that has changed somewhat in more recent years.  But regardless of party, there may be no better time than the present to head of what could be seen as the larges geo-political-economic threat to the U.S. The president is to be applauded for this efforts, which have proven fruitful with Mexico. 

China is far more powerful than our southern neighbors. There is certainly the potential that the tariff-turmoil could continue for months or years.

National and economic security go hand in hand.  Furthermore, these are issues that the president campaigned upon, and therefore should be of no surprise to anyone.

It was an entirely false notion to think that the U.S. could have a ‘serve economy.’  Production is where the money and value tend to be over service work.  Be it products or food, being the producer is more secure than being the beholden buyer.

With that backdrop, two videos for each side of the issue tonight.

 

·        President Trump’s tariff strategy “creates uncertainty with our trading partners,” says a top official at the world’s largest business lobbying group.

·        Myron Brilliant, head of international affairs at the U.S. Chamber of Commerce, contends that tariffs are the wrong approach with China and Mexico.

·        Reacting to Brillant’s interview, Trump calls in to CNBC to argue his case for why tariffs are effective. He also blasts the Chamber of Commerce.

 

There is doubtlessly short-term pain for numbers from the tariff to correct trade imbalances strategy. That noted, there is more long-term pain for not taking the necessary measures now.

Related Reports:

U.S.-Mexico, Tariffs, and Border Crisis Talks, plus Manufactured Home Stock Updates

Borders, Tariffs, and Looming Antitrust – plus Manufactured Home Market Updates

 

Yahoo Finance 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).

 

YahooManufacturedHousingIndustryConnectedStocksClosingTicker610.2019DailyBusinessNewsMHProNews

 

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.

Two Market Movers Today – Mexico, the Fed, plus Manufactured Home Stock Updates

June 7th, 2019 Comments off

CNNmone6.7.2019ManufacturedHomeStocksMarketsReportsMHProNewsFor those new or returning to this business daily manufactured housing markets feature found only MHProNews, 2 to 3 minutes reading the left-right headlines from CNN and Fox Business can go a long way to keeping professionals informed on national and global issues that often move investors to act. There’s a raft of headlines, as usual, but two that merit more attention are significant signals that Mexico and the U.S. are moving toward an agreement on border battle related issues.  The other is the growing belief that the Federal Reserve will cut rates sometime this year. Those two topics will be featured videos with some commentary 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.

 

LeftRightMediaSharylAttkissonDailyBusinessNewsMHProNews

Select bullets from CNN Money…

  • A 180-degree turn
  • Stocks bounced back this week after a miserable month and a half. Here’s why
  • LIVE UPDATES Stocks post their best week of the year
  • The US economy is about to break a record. These 11 charts show why
  • The world’s largest economies are mulling new tax rules. The alternative could be ‘chaos’
  • US economy added 75,000 jobs in May
  • Automakers, fearing prolonged regulatory uncertainty, tell Trump to cut a deal with California on emissions
  • Wall Street is clamoring for rate cuts. Banks, not so much
  • The 2019 stock market is starting to feel like the 2008 stock market
  • Walmart will deliver groceries straight to your fridge
  • Barnes & Noble shares pop after announcing it’s going private
  • This is why America’s travel business is worried
  • Can the X-Men beat the ‘Secret Life of Pets’ at the box office this weekend?
  • Shopping Content by CNN Underscored
  • Bose opens preorders for its tiny Home Speaker 300
  • The 2020 Census hiring spike has yet to show up
  • May’s weak jobs report is the latest sign of a US economic slowdown
  • The International Space Station
  • NASA opens space station to private astronaut missions
  • Your phone carrier can now block robocalls by default
  • Virtual kidnappings are rattling families across the US
  • Why we’re still years away from a robocall-free future
  • The frightening future of robocalls: Numbers and voices you know
  • What you can do right now to stop robocalls
  • Toyota sets aggressive new target for electrified cars
  • Automakers to Trump: Drop emissions plan
  • Ferrari’s plug-in hybrid supercar is also its most powerful
  • Tesla is hurting but electric and self-driving cars are still a good investment
  • By 2040, more than half of new cars will be electric

Select Bullets from Fox Business

  • Inside the Dow’s 1168+ point weekly gain
  • Trump, Powell spoke on the phone in April as president pushes for lower rates
  • Dow tops 26,000 on Chinese tariff delay, rate cut hopes
  • Why are car costs rising? (Hint: tariffs aren’t to blame)
  • China’s Xi Jinping calls Trump a ‘friend,’ says US isn’t interested in rupturing ties with country
  • Raining and pouring: Midwest farmers fret about wet spring
  • Economist Art Laffer, Medal of Freedom winner, on why he won’t join Trump team
  • The white working class is ‘declining,’ here’s why
  • Electrician shortage creates potential for six-figure jobs
  • Trump signals trade deal optimism with Mexico but vows to impose tariffs if agreement isn’t reached
  • Michael Bloomberg pledges $500M to have US coal plants shuttered
  • Automakers urge Trump to rethink emission standards: ‘With your leadership it can happen’
  • Biden, Buttigieg, Gabbard hit Wall Street for money despite class warfare rhetoric
  • Used cars being bought more than new ones, study shows
  • Honoring innovation and impact at the Susan G. Komen Impact Awards
  • NASA allowing commercial travel to International Space Station, but it’ll cost you
  • FIFA Women’s World Cup: Prize money and other key numbers to know
  • Chegg announces student loan payoff program for employees
  • Your retirement savings go furthest in this state, analysis says
  • The costly retirement planning mistake most American workers are making right now
  • How to get your finances in order in 30 days
  • SEC Chief: Financial professionals now required to advise in ‘plain English’
  • Mexico tariffs: Exactly the wrong move for U.S. economy
  • Summer internship cheat sheet

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

9MarketIndicatorsYahooFinance6.7.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

TwoMarketMoversMexicoFedPlusManufacturedHousingStockMarketUpdatesDailyBusinessNewsMHProNews

Still from video, below.

Per CNBC:

·        The surprisingly weak jobs report for May, with just 75,000 jobs created, shows that the resilient job market is now being hit by the same weakness cropping up in other parts of the economy.

·        Economists say it’s now likely the Fed will move to cut rates this year, possibly as early as July.

·        Treasury yields, which move opposite price, continued to fall sharply, and the futures market moved to price in an almost three-quarter point rate cuts by December.

 

 

 

·        President Donald Trump said Friday that Mexico may be able to avert tariffs on its goods by purchasing American agricultural products. Trump had previously said that escalating tariffs would be imposed, starting Monday, until Mexico took steps to stem unlawful immigration to the U.S.

·        “If we are able to make the deal with Mexico, & there is a good chance that we will, they will begin purchasing Farm & Agricultural products at very high levels, starting immediately,” Trump wrote in a post on Twitter. “If we are unable to make the deal, Mexico will begin paying Tariffs at the 5% level on Monday!”

·        The Mexican peso hit session highs following Trump’s tweet before edging down.

·        In 2018, the U.S. exported about $19 billion worth of agricultural products to Mexico, making it the second-largest buyer of U.S. farm-related products after Canada.

 

 

Let’s take a complex issue and oversimply this evening.  American trade policy has been a mess for decades, under both major parties. Failure to protect our borders properly has been an issue under both Democratic and Republican administrations too. 

We don’t completely agree with CNBC’s takes, for those reasons.  The indications are that President Trump has pumped up the economy significantly.  The Trump Administration’s next step then was/is to address systemic issues such as trade and borders.  Those have been top issues for him for years, in some cases, for decades.

Mexico looks like it will make significant concessions that result in their protecting their own southern border with the Central American nations from which the flow of illegal immigrants comes.

On the Fed and rates, that’s anyone’s guess, but there certainly has been signals that they may consider a rate cut.

If the president and loyalists to his policies in his party win in 2020, it is not hard to imagine that he may go far deeper into addressing structural issues in Washington’s policies that have made business more difficult in the U.S. for decades.  Coupled with positive steps being taken by HUD Secretary Carsonespecially if he learns and gets on board with enhanced preemption, plus if the DOJ antitrust takes on Berkshire and related – could yield a much brighter future for manufactured housing.

Related Reports:

Fed Hikes Blamed for Housing Slowdown, per Chan, former Chase Chief Economist, plus MH Stock Updates

Borders, Tariffs, and Looming Antitrust – plus Manufactured Home Market Updates

Members Point to Positives, Problematic – Manufactured Housing Institute (MHI) says, “Get the Facts on Zoning”

HUD Secretary Ben Carson, Affordable Housing, Obscuring the Truth, Innovations in Housing, and Manufactured Homes

Yahoo Finance 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).

YahooFinanceManufacturedHousingIndustryConnectedStocks672019ClosingTickersDailyBusinessNewsMHProNews

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.)

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