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Posts Tagged ‘Sun Communities Inc.’

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

June 6th, 2019 Comments off

CNNmone6.6.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe markets rallied on word that a deal may be close to done between the U.S. and Mexico on the issue of controlling the flow of illegal immigrants through their country that are coming to the United States.  Vice President Mike Pence said in the last hour that there’s progress, but no deal.  For those unexcited about the notion of a tariffs tiff between the U.S. and Mexico, on a day that the markets rallied, this evening’s report is for you.

 

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

 

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

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

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

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

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

 

Select bullets from CNN Money…

  • Relief from robocalls
  • Carriers can now block the unwanted calls by default for everyone. But it may come at a price
  • LIVE UPDATES Stocks close higher, Dow logs fourth day of gains
  • Who’s hungry? These 10 food and drink stocks hit a record high today
  • Fiat Chrysler lost Renault. It needs to find another partner fast
  • Worried about an economic slowdown? Keep an eye on these indicators
  • This ETF promises to protect your money from the trade war
  • Wall Street is clamoring for rate cuts. Banks not so much
  • Huawei wariness is helping this American company
  • Spotify strikes deal with Barack and Michelle Obama to produce exclusive podcasts
  • Vox Media websites go dark as hundreds of employees stage walkout to demand union deal
  • Apollo 11 astronaut Michael Collins mocks Trump’s knowledge of Mars
  • This startup brings birth control to your doorstep, with or without insurance
  • College grads earn $30,000 a year more than people with just a high school degree
  • The 2019 stock market is starting to feel like the 2008 stock market
  • Starbucks will open its first store in Provo, Utah, near coffee-free BYU campus
  • Walmart is getting rid of its blue vests. Here’s what the new ones look like
  • America’s minimum wage is ‘too low,’ Walmart CEO says
  • Its new plan to recruit high school students
  • The trade war comes to Walmart, Target and Macy’s
  • Walmart says it will raise prices because of tariffs
  • FAST FOOD ON THE MOVE
  • Jamba Juice drops ‘juice’ from its name
  • Can anything stop Chipotle?
  • Taco Bell will open 600 restaurants in India
  • KFC is looking into plant-based chicken alternatives
  • Dunkin’s latest breakfast creation turns up heat on McDonald’s

Select Bullets from Fox Business

  • Economic warfare threats highest in history: Chuck Hagel
  • FCC empowers telecom firms to automatically enroll customers in call blocking services
  • US weekly jobless claims unchanged, point to labor market strength
  • IMF bullish on US economy, but warns of trade war wildcard
  • Warriors part owner Mark Stevens banned from NBA games after shoving Kyle Lowry
  • AOC says Americans’ right to a home trumps workers’ ‘privilege’ to earn profit
  • Tennessee moonshine maker concocts high-proof liquor, battles consumer demand
  • The magic ingredient in Impossible Foods meatless burgers sparks feeding frenzy
  • Top 10 states with the cheapest gas prices
  • Used cars being bought more than new ones, study shows
  • Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit ‘lowest level’ since 2017
  • New York seizes 46 ice cream trucks in sting dubbed ‘Operation Meltdown’
  • AOC, Warren closer to goal of IRS doing your taxes for you
  • Billionaire John Paul DeJoria buys McDonald’s campus in Illinois
  • Trump threatens China with tariffs on another $300B of goods
  • Callaway robot improves golf swing, helps pros win 18 tournaments
  • Wealthy Illinois residents could see taxes spike
  • Steve Moore floats Art Laffer as Trump’s next top economist
  • ‘Bar Rescue’ star Jon Taffer: The restaurant of the future won’t have chefs cooking
  • Walmart adds more than 120 electric vehicle charging stations to US stores
  • Green Bay Packers quarterback Aaron Rodgers co-founds $50M venture capital fund
  • Tom Brady calls ‘Tom Terrific’ trademark backlash ‘unfortunate,’ has no plans to sell gear
  • May jobs report released on Friday: What you should expect

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

9MarketIndicatorsYahooFinance6.6.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

USMexicoTariffsBorderCrisisTalksManufacturedHomeStockUpdates

Still from video, posted below.

This left-of-center CBS News video from earlier today sets the stage for the topic.

 

 

As noted, the talks adjourned, but per CNBC, they should be resuming soon, if not already tonight.

·        Talks between U.S. and Mexican officials, which began Wednesday and resumed earlier Thursday, were poised to continue at 5:30 p.m. ET at the State Department, according to a key Mexican government negotiator.

·        Ambassador Martha Barcena said that the Mexican delegation “explained to [the U.S.] all the enforcement measures that Mexico is taking” to address immigration issues.

·        But the talks aren’t over yet, Barcena said: “We are still talking about all the legal aspects of the cooperation that we are having on migration.”

Smart money says that there will be a deal soon, but it may or may not be by the Monday deadline set by President Trump.  The smart money also bets that the Mexican government will step up and act in an effort to please the Trump Administration so as to avoid impacting their own economy. Stay tuned.

What is certain is that there is danger, death, and drugs crossing into the U.S. Migrants are among those being harmed.  As someone who came to the U.S. legally, its unjust and dangerous to let people not vetted walk into the country. 

Our Related Reports covers the background facts in more details, including the various ways this directly impacts manufactured housing.

Related Reports:

Facts Aren’t Partisan – Southern Border & Immigration Reality Checks, plus Manufactured Housing Stock Updates

 

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

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

YahooClosingTickerManufacturedHousingIndustryConnectedStocks662019MHProNews

 

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.

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

June 5th, 2019 Comments off

CNNmone6.5.2019ManufacturedHomeStocksMarketsReportsMHProNewsFrom President Donald J. Trump’s vantage point, as he has said before, he’s “playing with the bank’s money.” The market and the economy are miles ahead of where they were 2½ years ago. It appears that part of his strategy is to get as much as he can get done to keep advancing his promised campaign agenda to get the structural fixes long needed by the economy.  The flip side is that his political enemies are using what to them is ammunition for fueling their seemingly incessant attacks. Several items are coming into sharper focus this week, including the border battle, the Trump Administration’s love for the tool of tariffs, and the long-awaited start of antitrust moves, which initially are focused on big tech.  On a day when the markets rose, these will be our highlight for this evening.

 

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

 

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

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

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

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

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

 

LeftRightMediaDivideInfGraphicSharylAttkissonMHProNews

Select bullets from CNN Money…

  • US jobs on the line
  • A new report finds tariffs on Mexico could cost 400,000 American jobs
  • LIVE UPDATES Dow posts third day of gains
  • Tech’s antitrust problem has been out in the open for years
  • Alphabet is betting big on moonshots but so are startups
  • Michelin and GM are working on a puncture-proof tire
  • China slaps Ford’s joint venture with fine
  • Amazon’s new futuristic drone will soon deliver packages
  • Carnival Cruise Lines paid $40 million for polluting and trying to cover it up. Now it has to cough up another $20 million for violating its probation
  • Fitness startup Peloton files to go public
  • GM won’t be getting tariff relief for its Buick SUVs made in China
  • Indian startup Zomato gives employees 26 weeks paid parental leave and $1,000 per child
  • Walmart is getting rid of its blue vests. Here’s what the new ones look like
  • Seven years after Sandy Hook, YouTube will ban videos denying it happened
  • Hasbro and Mattel are making toys matter again
  • The real reason you aren’t getting promoted at work
  • How long should you stay at a job if you aren’t being promoted?
  • Minority employees are often asked to work ‘double duty’
  • How to handle a slacker at work
  • What happens when women mentor men
  • The video game sales slump is killing GameStop
  • Topshop is closing all US stores
  • Dressbarn is going out of business
  • Planet Fitness is moving into Toys ‘R’ Us and Sears stores
  • American retailers already announced 6,000 store closures this year. That’s more than all of last year

Select Bullets from Fox Business

  • GM CEO Mary Barra: Mexico tariff impact is ‘really hard to tell’
  • Private sector adds just 27,000 jobs in May, missing Wall Street’s expectations
  • Dow jumps 207 points as rate cut fever gains momentum
  • Top 2020 Democrats offering health care to campaign staffers
  • MLB legend Pete Rose: I’m totally over the Hall of Fame
  • Trump tells Mexico to ‘step up’ after top trade advisor casts doubt on new tariffs
  • Walmart CEO may fire up federal minimum wage debate
  • Nucor once thwarted a Chinese attempt to steal its technology
  • Kawhi Leonard, other Toronto Raptors stars’ tax bills among worst in the NBA
  • Bill Gates, Warren Buffett’s Dairy Queen shift draws laughs from customers
  • Amazon’s Jeff Bezos buys 3 New York City condos for $80M: report
  • Amazon says Prime Air will begin delivering packages via drones ‘within months’
  • Under fire from opponents, FCC poised to advance robocall proposal
  • Medical marijuana pioneer: One ‘crazy’ money-making pot stock you need to own
  • LabCorp says 7.7 million customers may have been affected by data breach
  • UK trade chief: Brexit delaying a very big deal with US
  • What investors need to know about SEC’s new broker standards
  • Edgar Allan Poe’s pocket watch could snatch 6-figure sum at auction
  • At Amazon event, Robert Downey Jr. reveals plan to use ‘robotics’ and other tech to clean up earth
  • Kate Spade foundation accomplishes $1M pledge toward mental wellness organizations
  • Fitness company Peloton confidentially files to go public
  • Wells Fargo pledges $1B for affordable housing
  • Good vs. terrible bosses: What to know
  • Urgent solution to retirement planning challenges
  • The costly retirement planning mistake most American workers are making right now
  • Social Security benefits: 5 ways to increase your retirement checks

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

9MarketIndicatorsYahooFinance6.5.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

BorderTariffsLoomingAntitrustPlusManufacturedHomeMarketUpdatesDailyBusinessNewsMHProNews

Congressman Doug Collins, R-GA, on the antitrust probe of tech companies and the battle over border security, is featured in an interview earlier today by Maria Bartiromo of right-of-center Fox Business.

 

 

Investors who ‘move’ have faced a daunting set of challenges in the last year or so.  Political events have often overshadowed economic realities.

In recent days, the following issues have boiled to the surface in more urgent ways:

·        The revelation that antitrust probes are targeting big tech companies

·        The border crisis has sparked a threat by the 45th president of tariffs on Mexico, if they don’t control the flow of migrants across their country coming to cross the U.S.-Mexican border illegally.

·        Right or wrong, the Federal Reserve has been under fire for their handling of rate hikes and the unwinding of their Obama era QE buys to prop up the markets.

·        The Chinese trade and tariff tussle is to a serious degree also motivated by their communist government’s calculus about U.S. domestic politics.

The mantra that investor crave certainty is as true now as before, but D.C. politics is arguably deliberately targeting the tax and regulatory policy changes in 2017, with the aim of cooling an economy that otherwise will propel the 45th president to reelection.

As this is going to press, Mexican and U.S. talks are underway.  Mexico’s border with their neighboring Central American countries is less than 10 percent that of the U.S. Mexico border.  Resolving that issue could be a useful step in addressing a growing backlog of international and domestic challenges in a highly partisan Washington.  More will be known in the hours and days ahead.

The final point ought to be manufactured home specific.  HUD Secretary Ben Carson is arguably doing more about promoting manufactured homes as an important part of the solution to the affordable housing crisis as the nation has seen in a good two decades.  But there are evidence-based reasons to believe that he’s not getting all the facts about two words that if understood and enforced by HUD could make the difference. Those two words?  Enhanced preemption.

In this raucous market and investment environment, what ought to be a continual bright spot is manufactured housing.  Learn more why it is underperforming at the report linked below.

Related Reports:

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

Ultimate, Proven Contrarian Investing – Ethical vs. Unethical, Legal vs Illegal Manufactured Housing Industry Strategies

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

 

John Grissim Guides Author Finger Pointed at 21st Mortgage Corporation, Notorious Tim Williams Letter Cutting Off Retailers

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

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

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).

 

YahooFinanceManufacturedHousingConnectedStocksDailyBusinessNewsMHProNews

 

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.

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

June 4th, 2019 Comments off

CNNmone6.4.2019ManufacturedHomeStocksMarketsReportsMHProNewsFederal Reserve Chairman Jerome Powell signaled that there could be a rate cut ahead, if trade or other issues roil the otherwise healthy economy. That line from Powell sent stocks soaring today. But our focus tonight is on the comments about the broader housing market from former JP Morgan Chase Chief Economist Anthony Chan.  His economic take will be focus for this evening’s market spotlight.

 

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

 

LeftRightMediaDivideInfGraphicSharylAttkissonMHProNews

 

Select bullets from CNN Money…

  • Dark mode is here
  • iPhone’s new feature could be easier on your eyes and save battery power. Here’s what to expect
  • Kraft Heinz is in big trouble. How bad could it get?
  • Elizabeth Warren is calling for a lower dollar
  • Airline stocks jump after Delta releases strong passenger numbers
  • PERSPECTIVES The bond market may be signaling something worse than a recession: Distrust in America
  • The market needs to get back on track. A trade deal would help
  • Jeff Bezos lands $80 million dollar ‘deal’ on three New York City condos
  • CVS plans to expand HealthHubs to 1,500 stores by 2021
  • Bumble plans to open its first cafe and wine bar in New York City
  • Why a US-Britain trade deal won’t be easy
  • It’s not just Quest: LabCorp says it was hacked too
  • Dow gains more than 500 points on second best day of the year for stocks
  • Big Tech was the heart of the bull market. Now it’s under fire
  • Climate change will cost companies $1 trillion. It also means opportunities
  • How a nonprofit plans to help big companies meet their sustainability goals
  • Toblerone and Cadbury to be made with sustainable cocoa
  • SPECIAL REPORT How to solve the world’s plastics problem: Bring back the milk man
  • Walmart will recruit students with free SAT prep and $1 a day college tuition
  • McDonald’s is partnering with AARP to hire older employees
  • US businesses are missing out on a valuable pool of talent: former convicts
  • How tight is the job market? Taco Bell is throwing ‘hiring parties’

Select Bullets from Fox Business

  • Bernie Sanders gears up to press Walmart on worker pay, representation
  • Bank of America CEO: Not expecting Fed rate cut this year
  • If the Fed cut rates, the stock market should not be celebrating: Peter Schiff
  • Fed, Trump on trade give stocks best day since January
  • How to protect yourself after Quest Diagnostics data breach
  • ‘Jeopardy!’ star James Holzhauer’s leaker could face legal trouble
  • Patriotic London pub renamed ‘The Trump Arms’ to honor president
  • Apple is shutting down iTunes: Where to get music now
  • These states have the best economies in the US: study
  • Mark Cuban believes Joe Biden has ‘good chance’ at beating Trump in 2020
  • Rihanna named world’s richest female musician by Forbes
  • Bank of America CEO recalls when US ‘society was in pretty rough shape’
  • Costco keeps shoplifting low by checking receipts, having unique layout, CFO says
  • FDA signs off on Eli Lilly’s Emgality as treatment for episodic cluster headache
  • NFL 18-game season? Here are 2 major obstacles in negotiations
  • Jeff Bezos spotted with Lauren Sanchez in Florida, report says
  • Los Angeles in ‘oversupply’ of mega-mansions for sale, report says
  • These are America’s favorite and least favorite mobile phones and wireless companies, survey says
  • Kawhi Leonard sues Nike over ‘Klaw’ logo ownership
  • Majority of Americans would take on debt to cover their kid’s college, survey says
  • Walmart CEO won’t let trade, tariffs bully US consumers
  • Elizabeth Warren plans ‘aggressive intervention’ to create, defend US jobs
  • Urgent solution to retirement planning challenges
  • The costly retirement planning mistake most American workers are making right now
  • Social Security benefits: 5 ways to increase your retirement checks

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

9MarketIndicatorsYahooFinance6.4.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

FedHikesBlamedHousingSlowdownPerChanFormerChaseChiefEconmistPlusMHMarketUpdatesDailyBusinessNewsMHProNews

 

Federal Reserve Chairman Jerome Powell signaled that there could be a rate cut ahead, if trade or other issues roil the otherwise healthy economy. That line from Powell sent stocks soaring today. But our focus tonight is on the comments about the broader housing market from former JP Morgan Chase Chief Economist Anthony Chan.  His economic take will be focus for this evening’s market spotlight. 

Former JPMorgan Chase chief economist Anthony Chan sounded off on the state of the U.S. economy, the housing market, and the Federal Reserve.  In an interview with Charles Payne from right-of-center Fox Business, Chan made it clear that:

 

·        He doesn’t see a recession signal in the year ahead.

·        He thinks interest rates hurt the broader housing market.

·        He thinks other factors in the housing market are a further drag there, which manufactured housing professionals should hear as one more reason why our sector of the housing industry should be roaring not snoring.

 

 

Related Reports:

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

 

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

Public Reactions to HUD Secretary Carson’s “Innovations in Housing” Promoting 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).

ManufacturedHousingIndustryConnectedStocksYahooFinancialClosingTickerDailyBusinessNewsMHProNews

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.

Antitrust – “You Can’t Penalize Success But Can Penalize Bad Behavior.” Former Ast AG Bill Baer, plus Manufactured Home Market Updates

June 3rd, 2019 Comments off

CNNmone6.3.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe number of firms that are reportedly being identified as the subject of federal antitrust investigations is growing. Berkshire Hathaway has not yet been mentioned in this evening’s report, but some of the commentary in the video this evening suggests potential principles that could lead federal interests to do precisely that.  On a mixed day on the broader markets, but a generally up day for manufactured home industry connected stocks, all of this will be part of our featured report this evening.

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

 

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

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

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

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

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

 

LeftRightMediaDivideInfGraphicSharylAttkissonMHProNews

Select bullets from CNN Money…

  • RIP iTunes
  • Apple is phasing out iTunes in favor of three apps. Here’s what will change – and what won’t
  • Everything Apple announced at WWDC, from Apple sign-in to dark mode
  • LIVE UPDATES Stocks finish mixed on worries about tech regulation and trade
  • Chipotle could raise burrito prices by 5¢ if Mexico tariffs become permanent
  • Big Tech could face US antitrust probes
  • Poland Spring water will be sold in recycled bottles
  • AT&T stock rises after Trump suggests a boycott
  • PERSPECTIVES Hollywood’s stance against Georgia isn’t as tough as it seems
  • Sephora will close all US locations on June 5 for diversity training
  • Why Goldman Sachs wants to fill your eyeglass prescription
  • ‘There is a business plan but it’s in Alex Jones’ head’: Court document sheds light on inner-workings of Infowars
  • Russia tells Tinder to share messages and pictures with its spy agencies
  • Quest Diagnostics says 12 million patients may have had their personal information exposed
  • Musk says Tesla’s pickup will cost under $50,000 and be better than the F-150
  • Daniel Chait and Megan Cunningham are both CEOs of their own companies.
  • CEOs in love: How power couples make their lives work
  • How long should you stay at a job if you aren’t being promoted?
  • Should you text with your boss?
  • How to recover from a bad job interview
  • Yes, you have to send a thank you note after your interview. Here’s what to say
  • How to look for a new job when you already have one
  • Tariffs on Mexican imports will ripple across the US economy
  • Outgoing White House economist says tariffs and deficits are bad for America
  • Businesses warn about the risks of Mexico tariffs
  • Tariffs on Mexico will hurt American business
  • How tariffs are hurting US lumber

Select Bullets from Fox Business

  • T-Mobile-Sprint $26B deal has Democratic lawmakers crying foul over potential approval
  • Antitrust probes of Amazon, Google could force industry shift even without legal action
  • Quest Diagnostics says nearly 12 million patients may have been affected by data breach
  • WATCH: Amazon unveils UK pop-up shops
  • Apple could face antitrust probe from Justice Department: Report
  • US manufacturing activity hits multi-year lows as trade tensions weigh
  • The costly retirement planning mistake most American workers are making right now
  • 9 money tips for 2019 college grads
  • Apple expected to shut down iTunes, announce new software updates at WWDC 2019
  • Ben Carson: Manufactured homes are no longer for trailer parks
  • Trump’s top economic adviser Kevin Hassett leaving post for all the right reasons
  • Trump calls for boycott of AT&T over CNN outrage
  • Matthew Martoma’s appeal over lucrative insider trading scheme denied by Supreme Court
  • German CEOs have US economy envy
  • Trump lifts year-round ethanol restrictions, could lower gas prices
  • Boeing 737 jets face new safety warning amid Max scandal
  • What is Elton John’s net worth? ‘Rocket Man’ singer among world’s richest artists
  • Amazon Prime members now eligible for free one-day delivery on more than 10M items
  • Trump’s Mexico tariffs will impact these US imports the most
  • Urgent solution to retirement planning challenges
  • Booming vs. bust retirements ahead: The choice is ours
  • Social Security benefits: 5 ways to increase your retirement checks
  • Continue to Retirement Planning
  • What Trump’s new China, Mexico tariffs mean for your portfolio
  • Legal CBD is good for you like Vitamin C, and is also good for the economy
  • Trish: Democrats should demand transparency in investigation of FBI spying on Trump campaign

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

9MarketIndicatorsYahooFinance6.3.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

AntitrustYouCantPenalizeSuccessButCanPenalizebadBehaviorAstAGBeillBaerAntitrustEnforcementDailyBusinessNewsMHProNews

According to CNBC:

  • The tech-heavy Nasdaq Composite index fell Monday after similar regulatory headlines dinged tech giants Google, Amazon and Facebook.
  • The possible Apple probe is linked to a potential Google probe, Reuters reported, and stems from meetings between the DOJ and the FTC.
  • The headlines together paint a daunting picture for Silicon Valley and the stock market’s most valuable companies.

Regarding some of the reasons to launch an antitrust probe, former Assistant Attorney General at the Justice Department, Bill Baer said the following: “You Can’t Penalize Success But Can Penalize Bad Behavior.”

 

 

The Daily Business News on MHProNews did a report early this morning on this topic, linked below.

 

Washington Leak – Justice Department Prepares Major Antitrust Investigation

 

Interviews like this are helpful in sorting out some of the things that antitrust regulators are looking for, and if ‘bad behavior’ that ‘greases the skids’ so others can follow as easily, then the report linked below must be part of the mix.

 

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

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.  Clayton, 21st, MHI and their attorneys have not commented on these allegations, despite repeated offers to respond, refute or clarify the issues, the most recent being just days ago. https://www.manufacturedhomelivingnews.com/bridging-gap-affordable-housing-solution-yields-higher-pay-more-wealth-but-corrupt-rigged-billionaires-moat-is-barrier/

 

One point of dispute for now, former assistant AG Baer said that politics doesn’t enter into this. Nonsense. It is Washington, D.C. Of course politics enters into this discussion.

Related Reports:

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

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

Mobile Home Militia – “Clayton [Homes] Wants Your Cornbread Too” “Join the Revolution” – ‘You Gotta Have Swagger’

Rope-a-Dope – Preserving Access to Manufactured Housing Act, Mom, Dad, & You

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

 

 

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).

 

YahooFinanceManufacturedHousingIndustryConnectedStocksClosingTicker6.3.2019MHProNews

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.

Facts Aren’t Partisan – Southern Border & Immigration Reality Checks, plus Manufactured Housing Stock Updates

May 31st, 2019 Comments off

CNNmone5.31.2019ManufacturedHomeStocksMarketsReportsMHProNewsWhen President Donald J. Trump tweeted his threat last night to impose tariffs on Mexico if they don’t do more to deal with the thousands pouring across the southern border with the U.S., Dow futures plunged.  So, it’s no surprise that the Dow and major markets dropped today. Let’s be candid. There are untold thousands of undocumented or ‘illegal’ immigrants in the U.S. living in mobile or manufactured homes. Some companies have devised ways to finance such undocumented immigrant buyers. Such immigrants are often working in factories, communities, as installers, and other lines of work here in the U.S. in our industry. Rephrased, this issue matters in a variety of direct and oblique ways to manufactured housing professionals and investors.  On a day when all but a few manufactured home tracked stocks slipped, this evening’s market spotlight will focus on facts about immigration that are often sobering.

 

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.

LeftRightMediaDivideInfGraphicSharylAttkissonMHProNews

Select bullets from CNN Money…

  • Dow slides below 25,000
  • Stocks tumble after Trump vowed to impose tariffs on Mexico, amplifying trade fears
  • US auto industry needs Mexico: Because every American car factory uses Mexican parts
  • LIVE UPDATES Levi’s slides 7% on Trump’s tariff plan
  • Stocks to watch: Shares of beer and liquor companies slide
  • Watch: Why tariffs on Mexico are bad for the US
  • Going up: Costco says tariffs will lead to higher prices
  • PERSPECTIVES Tariffs on Mexico will hurt American business
  • Fact check: Where Trump’s ’emergency power’ on tariffs comes from
  • ‘A grave error’: CEOs tell Trump that Mexican tariffs are a bad idea
  • FedEx Ground will offer seven-day delivery all year
  • Jeep’s incredible popularity is one thing Renault could really use
  • China could dump $1.12 trillion of US debt. Here’s why it won’t
  • Is $2 million enough to feel wealthy?
  • The reason why the Fed could be pressured to raise rates
  • NASA picks three companies to send cargo to the moon
  • People loved LaCroix. What happened?
  • Fox News stands by Laura Ingraham after she defends extremists on her show
  • Amazon’s reported interest in Sprint’s Boost is ‘economically insane,’ analyst says
  • Shopping Content by CNN Underscored
  • This is the most affordable Echo with a screen
  • Silicon Valley’s real estate market is finally cooling off. Sort of
  • What it’s like to own a whole town
  • The secret market of private real estate listings
  • McMansions are out. Ritzy ranches are in
  • How to avoid overpaying for a home
  • Robots find a new job: Skyscraper window washers
  • Ford’s delivery robot walks like a human
  • Why Facebook is teaching a bug-like robot to walk
  • Tesla plans to have robo-taxis by next year
  • Robot valets may soon park your car at this airport

Select Bullets from Fox Business

  • Stocks close at 3 month low, bond yields tumble, after Trump hits Mexico with tariffs
  • Trump’s Mexico tariffs draw immediate rebuke, threaten USMCA deal and China trade talks
  • Mexico President: Won’t act desperate after Trump’s tariff threat
  • Trump takes aim at auto industry with new Mexico tariffs
  • First rare earth processing facility outside of China to be built in Texas
  • Trade tensions create silver lining for American homebuyers
  • Trump’s Mexico tariffs will impact these US imports the most
  • What is Elton John’s net worth? ‘Rocket Man’ singer among world’s richest artists
  • The world’s most expensive SUV will cost you $1.9M
  • Jeep’s new pickup a dealer’s dream
  • Crude oil prices tumble to 3-month low
  • Connecticut revenue swells after boat tax reduction
  • What is Kirsten Gillibrand’s net worth?
  • Trump’s Mexico tariffs cause USMCA trade deal concerns in business community: ‘A grave error’
  • Mike Bloomberg pens op-ed calling on Congress to ‘stop Trump on trade’
  • The IRS released a new W-4 draft: Here’s what it looks like
  • Trump admin in early stages of $100 billion offering of Fannie, Freddie
  • Trump lifts year-round ethanol restrictions, could lower gas prices
  • Salesforce says some firearms can no longer be sold using company software
  • Social Security: What is the best age to begin collecting?
  • Booming vs. bust retirements ahead: The choice is ours
  • Social Security benefits: 5 ways to increase your retirement checks

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

9MarketIndicatorsYahooFinance5.31.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

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 –

FactsArentPartisanSouthernBorderRealityImmigrationRealityChecksPlusManufacturedHousingStockUpdates

Facts are what they are.

In a polarized nation, there’s a need to be able to look at evidence for what it is, not as we’d like it to be.

Problems aren’t solved by wishful thinking. Thus this report.

The graphics that follow come from a variety of sources that span the left-right divide.

For example, the Pew Research Center, which is often viewed as a left-of-center resource.  Other data comes from Homeland Security’s US Border and Custom Enforcement.  Still more comes from Jeff Bezos’ owned, left-of-center Washington Post article that features data per the Cato Institute. Let’s start there.

 

UndocumentedImmigrantsCommitLessCrimeThanNativeBornCitizensCatoWashingtonPostDailyBusinessNewsMHProNews

The claim above is often used by voices from the political left.  Let’s stipulate that the Daily Business News on MHProNews is taking all of these data claims at face value, giving the source the benefit of the doubt. Let’s disclose that this writer is an immigrant who is legally in the U.S., and our publisher is the firstborn son of legal immigrants to the U.S. We know scores of immigrants of all kinds, plus native born citizens too.

With those points, what the first chart obliquely reveals is this.  Even if that data is correct, it misses the obvious point that those crimes would not have occurred had those individuals not been in the United States at all. Even a reduced crime rate still means more crime occurred than what would have taken place in the absence of illegal crossings, visa overstays, etc.

FederalconvictionsImmigrationOffensesPewResearchDailyBusinessNewsMHProNews

Pew’s data reveals the volume of crimes that has occurred in recent years, attributed to illegal immigration related offenses.

PewResearch3quartersArrestedbyICE2017PriorCriminalConvictionsDailyBusinessNewsMHProNews

Note that occurred in significant numbers during the Obama years and on into the Trump administration.

ArrestsIndividualsCriminalConvictionsFY2016toFYTD2019DailyBusinessNewsMHProNews

In that light, the Homeland Security agency data below is but one more reminder that crimes – often serious crimes – are occurring as a result of illegal immigration.

CriminalConvictionsIllegalAliensbyTypeHomelandSecurityUSCustomsBorderProtectionDailyBusinessNewsMHProNews

 

A recent report by GSMOL spotlighted by MHProNews reflected concerns that illegal immigrants may not be treated as fairly as those here legally.

 

Stephanie Reid Raises Undocumented Immigrants Getting Ripped Off by Manufactured Home Communities Issue

As serious as that is, perhaps the most significant issues are these:

  • There are people that die in these illegal border crossings. The body of a young woman was found inside the U.S. recently, 80 miles inside our border.  Trucks have been found with piles of dead illegals inside.  What is occurring is inhuman.
  • Illegal drugs are coming across the border.
  • There is no telling how many possible terrorists could or have crossed. The border patrol says such have been caught, which begs the question, how many crossed undetected?
  • There have been forces in both major parties that for years were OK with status quo, for their own reasons.
  • For years, Democratic leaders that previously said the border needed to be secured have since flip-flopped. Among those are then Senator Barack Obama, then Senator Joe Biden, or then Senate Majority Leader Chuck Schumer.

The border ought to be secured. As rapidly as possible. Period.

 

FAIRTotalGovtCostsonIlelgalImmigrationFederalStateLocalTaxcostsDailyBusinessNewsMHproNewsFAIRFederationAmericanImmigrationReformSummaryWikipediaDailyBusinessNewsMHproNews

The ideal way is for a bipartisan fix of the immigration issues.  In the absence of that, the 45th president is acting in a measured way that puts pressure on the Mexican government. It isn’t without domestic pain, but that pain can be projected back to Mexican officials to stop the flow at THEIR southern border.

The border between Mexico and Central America is small compared to the U.S.-Mexican border.  They can stop the illegal crossings there.

USMexicoCentralAmericanMapDailyBusinessNewsMHProNews

 

Life, Liberty, Property, Crime, and Costs

Here’s the obvious reality.  Whatever your political beliefs, there are politicians who have prioritized disrupting President Trump’s economic and other achievements any way that they can. It’s unacceptable that illegal drugs, crime, rapes, and deaths are occurring as a result of that cold political calculation.

FAIR

It remains to be seen if the president’s tariff threat will cause Mexico to stop the flow of illegals into their country, who then cross significant distances to enter the U.S.  It is arguably in Mexico’s best interest to stop the flow at their southern border too.

But some effort is better than none.

The facts and reason should speak for themselves.

Finally, politicians who claim that walls don’t work need to tear down their own walls and fencing, if they believe that, which they don’t.  If politicians are foolish enough to lie about the realities of the southern border and immigration, what else will they be deceptive about?

See the Related Reports for more.

Related Reports:

Want a Robust Economy? Fix the Southern Immigration Crisis, Plus MH Market Updates

“Playing Politics” – Immigration, Border Battle, and Manufactured Housing

U.S. Slips in World Competitive Rankings, per Swiss-Based IMD Competitiveness Center

Americans “Lost Faith in Washington,” Politics Threatens Economic Recovery

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).

YahooFinanceManufacturedHomeIndustryConnectedStocksMHProNews5.31.2019

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.

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

May 30th, 2019 Comments off

CNNmone5.30.2019ManufacturedHome-StocksMarketsReportsMHProNewsIt’s the most recent in numerous such investigations that have been announced by various law firms that specialize in national securities litigation.  This time, it is from a firm that says they were ranked #4 by ISS for recoveries in 2017. For the Cavco Industries (CVCO) home office, it was just another day since they first announced on November 8, 2018 that they had received the company and then chairman, president, and CEO Joe Stegmayer had received subpoenas.  The latest investigation by Block & Leviton is our focus this evening. The same day as the new investigation was launched, a new board member was appointed 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 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.

LeftRightMediaDivideInfGraphicSharylAttkissonMHProNews

Select bullets from CNN Money…

  • A rough year for unicorns
  • Some of the flashiest IPOs of 2019 flopped — but there’s still hope, if you know where to look
  • BREAKING NEWS Uber lost more than $1 billion in the first quarter
  • Disney, Netflix and WarnerMedia say new abortion law may push their movies out of Georgia
  • Rare earths could be the next front in the US-China trade war. Here’s what you should know
  • LIVE UPDATES Markets drift higher even as oil prices plunge
  • Disney spared no expense to make Galaxy’s Edge much more than a park
  • TOURING GALAXY’S EDGE Even the food is Star Wars-themed
  • Carl Icahn sues Occidental for ‘misguided’ Anadarko takeover
  • Wall Street is betting the president won’t let stocks collapse
  • A Pan-African free trade deal just came into force
  • Greyhound buses put up for sale by UK owner
  • Coca-Cola thinks Americans are ready for Coke with coffee
  • JPMorgan Chase settles claims it discriminated against dads
  • LaCroix was the Millennial ‘it’ brand. Now it has lost its way
  • How to survive the ultramarathon job interview
  • KFC is looking into plant-based chicken alternatives
  • Little Caesars is testing out an Impossible pizza
  • Tim Hortons is adding Beyond Meat sausages to its menu
  • Burger King brings the Impossible Whopper to 3 new cities
  • The meatless burger revolution is just getting started
  • PERSPECTIVES Businesses need to prepare workers for the AI revolution
  • Robots find a new job: Skyscraper window washers
  • Ford’s delivery robot walks like a human
  • See this robot deliver packages to your doorstep
  • Why Facebook is teaching a bug-like robot to walk

Select Bullets from Fox Business

  • Uber posts $1B loss, matching projections in first earnings report as public company
  • How Nancy Pelosi saved Wall Street — twice
  • It’ll be ‘very difficult’ to film in Georgia if abortion law holds, says Disney CEO
  • Activist investor Carl Icahn sues Occidental Petroleum over $38 billion Anadarko merger
  • Elizabeth Warren says her child care plan will save you cash, here’s her proof
  • Buying a car? 6 things to know
  • NBA stars Steph Curry, Chris Paul among top players facing stiff tax liabilities
  • Rare earth minerals, explained: What’s their role in the US-China trade war?
  • Pizza Hut updates Original Pan Pizza for the first time in nearly 40 years
  • China slams US for escalating trade war: It’s ‘naked economic terrorism’
  • Jeff Bezos speaks out after ex-wife pledges half her fortune to charity: ‘I’m proud of her’
  • Ocasio-Cortez’s minimum wage push to land her behind the bar once again
  • Venezuelan opposition leader Juan Guaido says Maduro is blocking aid for country’s children
  • Mount Everest deaths: Why low-cost expeditions may be to blame
  • This NYC apartment costs $85M but it comes with a trip to space
  • Legendary fight ring announcer Michael Buffer: I hear my voice and I cringe
  • High-tax Connecticut plagued by pension problems
  • NASCAR champ Kurt Busch buys America’s heroes tickets for every race
  • JPMorgan Chase reaches $5M settlement in paternal leave case: report
  • Waymo: Self-driving trucks returning to Phoenix
  • NBA contacted Raptors about Drake’s sideline behavior: Report
  • Liquefied natural gas deemed ‘freedom gas’ by Energy Department

 

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

9MarketIndicatorsYahooFinance5.30.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHPro-News

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 –

CavcoIndustriesInvestigatedAnewViolationsFederalSecuritiesLawsPlusManufacturedHomeIndustryStockUpdatesMHProNews

How Time Changes Perspectives

If you watch the video interview below with Joe Stegmayer, it speaks volumes. It’s a blast from the past, which is precisely what it is useful.  Note, among other points, that Stegmayer talks about the return of the industry to 250,000 new home shipments?  If that was a worthy goal then, why is the Manufactured Housing Institute (MHI) and Cavco not pumping that same point now?

 

 

It is one of several points that the law firms investigating Cavco may be overlooking.

That said, last December, MHProNews asked, had Cavco hit bottom? The answer was, yes, no, and sort of – because while CVCO’s share value went lower, it is now at about the same value as when we asked that question then.

 

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

 

In the months since the SEC related announcements, Cavco has positioned itself in several ways to respond to the legal ‘incoming.’

 

Cavco Industries (CVCO) Officials Issue Several Warnings

There is more below, but with that tee-up, let’s pivot to the press release from Block & Leviton LLP.

BOSTON, May 29, 2019 (GLOBE NEWSWIRE) — Block & Leviton LLP a national securities litigation firm, is investigating whether Cavco Industries, Inc. (CVCO) and certain of its officers and directors violated federal securities laws.

On August 20, 2018, Cavco received a subpoena from the SEC’s Division of Enforcement requesting certain documents relating to, among other items, trading in the stock of another public company. Then, on October 1, 2018, the SEC sent a subpoena for documents and testimony to Joseph Stegmayer, the Company’s former Chairman, President and Chief Executive Officer, regarding similar issues.

After the market closed on November 8, 2018, Cavco and senior management filed the Company’s Form 10-Q for the quarterly period ended September 29, 2018 and disclosed the receipt of the SEC subpoenas. This news drove the price of Cavco shares down $49.48, or about 23%, to close at $165.20 on November 9, 2018.

Block & Leviton is investigating these allegations in order to file a class action complaint.

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation’s largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.

CONTACT:

BLOCK & LEVITON LLP
Dan DeMaria
(617) 398-5660 phone
260 Franklin Street, Suite 1860
Boston, MA 02110

CavcoIndustriesClosingTicker5.30.2019YahooManufacturedHousingDailyBusinessNewsMHProNews

Interestingly, BLOCK & LEVITON’s release coincided that same day with the news of a new independent appointment to the Cavco board.  It is part of the corporation’s apparent effort to shore up trust with investors.

Cavco’s release is below.

CavcoIndustries1YearStockTrackManufacturedHousingIndustryMHProNews5.30.2019

MHProNews doesn’t analyze a firm from the typical financial analysis perspective, rather, we look at a tracked stock from an industry expert’s vantage point. Our standard question is, why is the industry underperforming? Cavco and other IR packets make it clear that is so, which begs several relevant questions.

PHOENIX, May 29, 2019 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (CVCO) today announced that its Board of Directors (“Board”) appointed Julia W. Sze as an independent director of the Company’s Board, effective May 29, 2019. Ms. Sze is a Chartered Financial Analyst with over 25 years of experience in the investment management field. From 1991 until 2003, she was a fundamental analyst and portfolio manager, leading award winning funds in the Asia Pacific equity markets. From 2004 until 2011, Ms. Sze served as Chief Investment Officer for families and foundations at two U.S. banks, managing over $1 billion globally across numerous asset classes. Since 2009, she has been a leader in the impact investing field, developing environmental and social resilience in companies across multiple sectors and geographies. Since 2018, Ms. Sze has been a lecturer at UC Berkeley’s Haas School of Business, teaching entrepreneurship and investment management.

Ms. Sze brings Cavco’s Board current membership to seven directors, six of whom are independent. She will also be a member of the Company’s Audit Committee and will replace Steve Bunger, Chairman of Cavco’s Board of Directors, who stepped down from his seat on the Audit Committee.

Currently, Ms. Sze serves as a director of Tern Bicycles, a privately-held, Taiwan-based urban transport business with sales across the globe. Ms. Sze previously served as a member of the Board of Directors and Chair of the Assets and Liabilities Committee of New Resource Bank from 2016 until it merged with Amalgamated Bank in 2017. She now serves as Chair of the Strategic Advisory Board of Amalgamated Bank (AMAL).

“Julia is a great addition to our Board,” commented Steve Bunger, non-executive Chairman of the Board of Cavco. “She is an experienced board member with valuable investment management expertise. In that role, she has analyzed hundreds of companies, with a keen eye towards operational efficiency, financial strength, and social impact. Cavco is fortunate to have added a director such as Julia, and we look forward to her many contributions to Cavco and the Board.”

“I am thrilled to be joining Cavco’s Board, and I look forward to working with the Board and Cavco’s management team to produce improved results and grow Cavco’s business,” said Ms. Sze. She continued, “The affordable housing business is a sector of our economy that aligns extremely well with my experience and priority issue areas.”

“I’m really looking forward to working with Julia,” added William Boor, President and Chief Executive Officer of Cavco and a member of the Cavco Board. “She brings an investor’s perspective to the Board, but also understands the social impact that Cavco offers as a company focused on affordable housing. She truly complements a Board that covers a broad range of skills and experiences.”

Ms. Sze received two degrees from Stanford University: a Bachelor of Arts in Economics in 1989 and a Master of Arts in East Asian Studies in 1990. She received her Chartered Financial Analyst designation in 1998.

About Cavco Industries, Inc.
Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. The Company is one of the largest producers of manufactured homes in the United States, based on reported wholesale shipments, marketed under a variety of brand names including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes, Friendship Homes, Chariot Eagle and Lexington Homes.

The Company is also a leading producer of park model RVs, vacation cabins, and systems-built commercial structures, as well as modular homes built primarily under the Nationwide Homes brand. Cavco’s mortgage subsidiary, CountryPlace Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer, a Ginnie Mae mortgage-backed securities issuer that offers conforming mortgages, non-conforming mortgages and home-only loans to purchasers of factory-built homes.

ManufacturedHousingIndustryShipmentsFEMAManufacturedHomesNotMobileHomesTrailersIndustryResearchReportsDataMHProNews

Credits, MHI, Cavco.  See the Patrick information, in the related reports, below.

Investor Robert Robotti has been a long time believer in manufactured housing.  What he had to say previously, found in the report linked below, indicates in part the reasons why not only Cavco, but the industry at large is underperforming. Joe Stegmayer may be ‘out’ at his old leadership role there, but he is still the Chairman of the Manufactured Housing Institute (MHI).

Go figure. Someone’s not doing their homework?

Related Reports:

“Out-Performing the Market” Robert Robotti, Value Investing, and Manufactured Housing

Patrick Industries-Manufactured Housing Supplier-PATK Investor Relations Spotlights Manufactured Home Industry Challenges, Opportunities

 

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/game-on-fighting-discriminatory-zoning-moral-obligation-fix-worsening-nightmare-state-associations-entering-spotlight/

 

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).

 

YahooFinanceManufacturedHousingIndustryConnectedStocksWatchlistMHProNews5.30.2019

MHProNews is testing out a new closing market report from Yahoo, to replace the Bloomberg closing ticker. Changes in the later’s new format made that regrettably problematic this week.

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.

Rare Earth Minerals Threat By China, How Serious is It? Plus Manufactured Home Industry Stocks

May 29th, 2019 Comments off

CNNmone5.29.2019ManufacturedHomeStocksMarketsReportsMHProNewsIt’s a hot topic on financial websites.  Rare earth elements (REE) or rare earth metals are not actually that rare, they are found in the U.S. and elsewhere.  But sources say that some 80 percent of them are imported from China, because it was cheaper to do so. That’s an issue that the Pentagon has warned about in recent years as a risky concern. Frankly, such issues should not be a concern for our manufactured home industry, which ought to ride high in good times or bad ones. That said times are not normal. So, the rare earth metals issue, part of what roiled the broader markets today, will be our featured report this evening.  It’s revealing, and you’ll not likely find these insights elsewhere today.

 

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…

  • The bond market freaks out
  • The meltdown is sending a big fat warning sign about the US economy
  • LIVE UPDATES Dow falls 221 points to three-month lows
  • Quickly catch up on the day’s business news
  • Should you buy index ETFs instead of actively managed funds?
  • Nancy Pelosi says Facebook ‘willing enablers’ of Russian interference
  • Venezuela gives a rare look at its economy. It’s an ugly, ugly picture
  • Boeing CEO: 737 Max crisis is a ‘defining moment’ for the company
  • Apple just released its first new iPod since 2015…
  • …..And it also just won a patent for a foldable display
  • Now you can order Alexa to forget what you just said
  • How should journalists treat claims in “Fire and Fury” author Michael Wolff’s new book? With some caution
  • More women are joining Fortune 500 boards than ever before
  • The European Central Bank thinks US stocks are overpriced
  • Uber says it will kick off riders for low ratings
  • Walmart’s new tech chief comes from Google, Microsoft and Amazon
  • Fox Business and China state television anchors to debate trade
  • Ferrari’s first plug-in hybrid supercar is also its most powerful
  • Dow sinks as Wall Street’s fears mount
  • Forget Pokémon Go. Now there’s Pokémon Sleep
  • Michael Kors shutters 50 more stores
  • Topshop is closing all US stores
  • Discount chain Fred’s is closing 104 more stores
  • Party City is facing a helium shortage. It’s also closing 45 stores
  • The world of Minecraft is about to get even more real
  • Tencent is finding ways to beat its gaming slump
  • China opens the door to Super Mario
  • Check out Google’s new gaming platform Stadia

Select Bullets from Fox Business

  • US recession risk rises as trade tensions with China remain unresolved
  • Why is the market forecasting a Fed interest rate cut this year?
  • WATCH: Mueller says Trump won’t be indicted, Napolitano weighs in
  • China could target crucial rare earth minerals as trade war escalates
  • Stocks slump to 3 month lows, bonds rally, as recession fears rise with trade war
  • Ocasio-Cortez’s minimum wage push to land her behind the bar once again
  • This city is home to the ‘nation’s hottest housing market’ this season: report
  • Oil’s ‘heavy losses’ may continue as trade war escalates
  • Ex-Sears CEO Eddie Lampert trying to avoid paying millions in severance to laid off workers: reports
  • Anheuser-Busch North America says 3 ‘mega trends’ will keep iconic beer in business
  • Jamie Dimon warns about biggest near-term risk to US economy
  • TSA reveals how they’ll spend nearly $1M in ‘unclaimed money’ left at checkpoints
  • SoFi in talks with NFL for LA Rams and Chargers stadium naming rights
  • Mike Pompeo: China stole US secrets and made its military lethal
  • Chance to caddie for Tiger Woods reportedly gets $75G winning bid at auction
  • Many college students don’t plan on paying off student loans, new survey shows
  • Billionaire Robert Smith, who’s paying Morehouse grads’ loans, to help 1,000 students score internships
  • Google engineer speaks out on the tech giant’s anti-conservative bias
  • Oklahoma Gov. says flooding is of historic proportions, some lives lost
  • Booming vs. bust retirements ahead: The choice is ours
  • Social Security: What is the best age to begin collecting?
  • Retirement Reform: What to know

 

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

9MarketIndicatorsYahooFinance5.29.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

 

RareEarthMineralsThreatChinaHowSeriousPlusManufacturedHomeIndustryStocksMHProNews

China, as the report below reflects, recently used the threat of withholding rare earth metals from Japan.  So the threat floated by Chinese media should be taken seriously.

Right-of-center Fox Business tees up this report in part, but we’ll finish it with some points they did not make.

 

 

 

While, MHProNews does not claim any expertise in rare earth metals, we can do research to see what experts on the topic have said.  A 2017 article from Perdue University said the following:

  • New efficient and inexpensive technologies being developed at Purdue University could allow the extraction of rare earth elements, critical components of many electronics and green products, from waste coal ash.
  • This innovation could enable the U.S. to enter into the $4 billion rare earthelement production market while recycling coal ash in an environmentally friendly way. The value of the products that require rare earth metals is valued at more than $4 trillion per year. Rare earth elements (REE) largely consist of Lanthanides (Lns), a series of 15 metallic elements.
  • REEs have many important applications in things such as permanent magnets in power generation and electric cars, batteries, petroleum refining catalysts, phosphors in color televisions, and many electronics including cellphones. The demand for REEs is predicted to grow dramatically over the next several decades,” said Linda Wang, inventor of the technologyand Purdue’s Maxine Spencer Nichols Professor of Chemical Engineering.
  • REEs used in the U.S. are primarily imported from China, which controls over 90 percent of the supply, with wide implications on the U.S. economy and national security.”
  • For example, after China reduced the export quotas in 2010, the costs of rare earth magnets for one wind turbine increased from $80,000 to $500,000. After China relaxed the export restrictions 18 months later, the prices returned to lower levels than in 2010,” she said. “It’s highly desirable to develop the capacity to produce REEs in the U.S. and to become independent of foreign suppliers.”

There are several takeaways from this.

  • The U.S. has allowed itself to become too dependent on many items imported from China or other nations, not just rare earth metals.
  • The cheapest price may have hidden higher costs. For example, as the U.S. has fueled the Chinese economy, that in turn has feed China’s military, technology, and spying sectors.
  • The U.S. taxpayer has to pay more to defend against those threats, so a cheaper price at a store or online ends up paid in other ways.

American leaders in both major parties have for decades allowed our jobs to go overseas, in exchange for cheaper prices on some goods. But that fueled higher welfare and other costs.

There is a wisdom to the balanced concept of “America First.” While we won’t predict how this trade war will conclude, what appears possible is that the nation will learn a long overdue lesson in the necessity for being a producing country.  Producers have several advantages.

Related Reports:

 

Shocking, True State of the Manufactured Housing Industry, plus Solutions for Profitable, Sustainable Growth – May 2019

WSJ Blames Trump Tweets for Blowing Up U.S.-China Trade Talks, Plus MH Market Updates

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.29.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

Climate Change, Tornadoes, AOC, and Ben Stein, plus Manufactured Home Stock Updates

May 28th, 2019 Comments off

CNNmone5.28.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere are several possible issues that could be covered this evening as our featured report, which is true of numbers of other evening market-related reports too.  Tonight, we’ve selected Alexandria Ocassio-Cortez weighing in on climate change. Why this, why now? Because she specifically was talking about tornadoes.  When funnels hit the skies, sadly, the old canard about manufactured homes blowing away with the first wind is renewed.  Thus, our fact-check style discussion tonight is AOC and her views on climate and economics, responded to through the lens of economist Ben Stein.

 

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…

  • Jamie Dimon takes a jab at Wells Fargo
  • The JPMorgan Chase chief says leaving the bank without a CEO is ‘not the way to run the railroad’
  • The US is getting older and millennials are having fewer kids. That could be bad for the economy
  • LIVE UPDATES ‘Head-scratching’ selloff: Dow slides 238 points after early rally vanishes
  • Quickly catch up on the day’s business news
  • The iPod may seem dated to some, but Apple hasn’t forgotten iPod touch lovers
  • Consumers are really confident. That might be bad news
  • Walmart’s new tech chief comes from Google, Microsoft and Amazon
  • FIRST ON CNN BUSINESS New GM charging network takes on Tesla
  • This Chicago business trains former inmates to be beekeepers
  • GE to slash 1,000 jobs in France at slumping power division
  • Alibaba is reportedly mulling a $20 billion listing in Hong Kong
  • Fintech arms race heats up with $21.5 billion takeover
  • Sports Illustrated brand sold for $110 million
  • Disney’s plan to expand the Star Wars galaxy: Make the fantasy real
  • Scott Pelley: This is why I lost my evening news job
  • Pizza Hut is changing its pan pizzas for the first time in 40 years
  • Newly divorced MacKenzie Bezos pledges to give half her fortune to charity
  • Zuckerberg and Sandberg ignore Canadian subpoena, face possible contempt vote
  • PERSPECTIVES In the war against misinformation, fact-checking works. Big Tech needs to do more of it
  • Facebook removed 2.2 billion fake accounts in three months
  • Instagram blocks ‘#VaccinesKill’ hashtag
  • This is the Infowars presidency in action
  • Louis Farrakhan, Alex Jones and other ‘dangerous’ voices banned by Facebook and Instagram
  • With its hands-free system, Nissan could beat Tesla at its own game
  • Didi wants to help millions of drivers power their electric cars
  • Wall Street’s love affair with Tesla is over
  • A truck without a cab and driver takes to the road in Sweden
  • By 2040, more than half of new cars will be electric

Select Bullets from Fox Business

  • Tornado, flood victims in Midwest receive relief from Walmart, Home Depot
  • Stocks close lower, along with bond yields, after Trump trade comments
  • Answer to China reneging on trade is ‘bust them immediately,’ Paul Mitchell founder says
  • Jamie Dimon warns about biggest near-term risk to US economy
  • Illinois to let voters decide how they will be taxed
  • Bernie Sanders wants to give workers more influence at largest US corporations
  • Walmart hires Suresh Kumar, former Amazon, Microsoft exec, as new CTO
  • Parents with college students making this dangerous mistake, financial expert says
  • Big coal CEO warns Ocasio-Cortez’s Green New Deal would devastate steel industry
  • USGA boosts purses for US Open, US Women’s Open golf championships
  • Burger King locations offering Impossible Whopper see higher foot traffic, report says
  • BART slams Elon Musk’s pitch to ‘solve’ traffic congestion
  • Amazon considering office space in New York City: report
  • NFL lockout? NFLPA warns players to save money for possible 2021 work stoppage
  • Reddit co-founder Alexis Ohanian blasts ‘hustle porn’ on social media: It’s ‘really toxic’
  • MacKenzie Bezos, among world’s richest women, pledges to donate half her $35B fortune to charity
  • Monaco’s millionaires make up nearly a third of country’s population
  • 3 things to know before starting a small business
  • This is how to keep your vacation ‘scam-free’
  • Warren Buffett’s private lunch auction hits record bid
  • Oklahoma, Johnson & Johnson face off in trial against drugmakers blamed for role in opioid crisis
  • Social Security: What is the best age to begin collecting?
  • House approves retirement reform bill that amends 401(k), IRA rules

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

9MarketIndicatorsYahooFinance5.28.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

Before diving into our AOC feature, a notice…

Our Bloomberg Watchlist has been changed by the provider, and there appears to be a glitch in the alphabetically listing, plus a visual distortion.  Our apologies.  We’ll see if we can’t get that corrected for tomorrow evening’s report.

ClimateChangeTornadoesAOCBenSteignPlusManufacturedHomeStockUpdatesMHproNews

Still from video, posted below.

Tornadoes destroy, period. 

Tornadoes are deadly too.

Long before the advent of the modern era, there were ‘twisters.’  With more housing, and more media, the deaths and destruction – which is tragic – right or wrong gets hyped.  Media, especially weather channels, get more eyeballs when bad news or bad weather hits.  In as much as weather warnings can save lives, they have a good argument for that tact.

We’ve published a new fact-check and report on the recent Oklahoma and Alabama tornadoes, at the link below. The facts speak loudly, and are useful for manufactured home professionals.

We don’t expect AOC or her staff to dig into the specifics, because they fundraiser off climate change. Let’s note that climate does change, and the fascinating look at sea level changes in the report below should make people on both sides of the debate, smile, laugh, or wonder – really?

AOCTornadoTweetManufacturedHousingMHProNews

In the 1990s, there were an average of some 800 tornadoes a year, killing an average of about 80 people a year, per the National Weather service in 1997.

Climate Change, Greener Manufactured Housing Investing, and Truth Telling

 

Ocasio-Cortez’s climate change claim on tornadoes was slammed by a meteorologist, and drew the response from popular economist, Ben Stein.

 

 

For those who missed it, after telling the world that there were 12 years to save the planet, she has now backed off the claim, saying it was all a joke. 

Related Reports:

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

 

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.28.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

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

May 24th, 2019 Comments off

CNNmone5.24.2019ManufacturedHomeStocksMarketsReportsMHProNewsMost of the nation isn’t crazy about war.  On a day that the markets broadly rose, but were still down for the week, we’ll turn to some literal inside information from a global hotspot.  The word heard from inside Iran will be our focus for this evening.

 

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

  • Topshop calls it quits in America
  • In another sign of the ongoing struggle in retail, Topshop will shutter all 11 locations in the US
  • Brexit fears have already trashed the pound. May’s exit offers little relief
  • LIVE UPDATES Dow declines for the 5th straight week — its longest slump since 2011
  • Trump suggests using Huawei as a bargaining chip in US-China trade deal
  • Microsoft pulls Huawei laptops from its online store
  • Boeing needs to do more work to get its 737 Max fix approved
  • Facebook is leaving clues about a possible cryptocurrency launch
  • Best Buy cancels pre-orders for the Samsung Galaxy Fold
  • Disney’s plan to expand the Star Wars galaxy: Make the fantasy real
  • Consulting firm McKinsey cuts ties with opioid maker Purdue Pharma
  • PERSPECTIVES The best way to keep powerful companies in check
  • Chipotle is up 55% this year
  • With protesters at the gates, McDonald’s talks up its success story
  • A banker explains why the Uber and Lyft IPOs flopped
  • Take a look at Star Wars: Galaxy’s Edge on Disneyland’s new guide map
  • Can ‘Aladdin’ bring some magic to the Memorial Day box office?
  • Should you text with your boss?
  • Where the CEO sits matters
  • Your boss’ bad mood really does affect the rest of the office
  • How to look for a new job when you already have one
  • The gender gap isn’t about what you make. It’s about what you do
  • SpaceX launches 60 internet satellites
  • Beaming cheap internet from space has bankrupted other companies. Here’s how SpaceX plans to survive
  • We now know why SpaceX is suing the US government
  • Why Jeff Bezos’ Blue Origin is a big deal
  • A small space startup that’s never launched a rocket keeps landing big contracts

Select Bullets from Fox Business

  • Average 401(k) balance by age group: See how your retirement savings compare
  • House passes major retirement reform bill: What it means for your 401(k), IRA
  • Check your credit card statements for this scam charge
  • 401(k) inventor reveals ‘key’ to ‘substantial’ retirement savings
  • Ben Carson responds to calls for his resignation following House testimony
  • Mega Millions $393M jackpot carries substantial tax bill
  • Ben & Jerry’s CEO says the ice cream company doesn’t support Bernie Sanders
  • Car depreciation by model: How quickly these popular brands lose value
  • Most affordable cities for first-time buyers
  • US stocks end higher heading into holiday weekend but down for week
  • Shocking number of Americans can’t cover $400 surprise expense
  • Bill Gates shocks Tennessee students on their last day of high school
  • Annuities a good fit for your retirement plan?
  • Military ‘Widow’s Tax’ under fire on Capitol Hill
  • Amazon shares to reach $3,000, Piper Jaffray predicts
  • Honda’s small bikes are big business
  • Facebook contacted Winklevoss twins for cryptocurrency talks: Report
  • Top S&P 500 CEOs’ average percent raises more than double that of workers, study shows
  • WATCH: US Women’s World Cup soccer team looks to repeat 2015 victory

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

9MarketIndicatorsYahooFinance5.24.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

IsWarAheadInsiderSourcesInIranTalkTrumpMiddleEasternConflictsPlusManufacturedHomeMarketUpdates

About 15 years ago, there were millions of Iranians who were hoping that the United States would invade their country, to depose “the mullahs,” and “liberate” them from their radical regime.

Iranians were largely pro-American, and pro-Western.

There are still such Iranians today. But a younger generation has grown up that’s known years and years of propaganda.  While there are not public polls for such things in Iran, for obvious reasons of their general lack of freedom.  There is unrest.  It very much includes the young.  But is it clearly pro-American, or pro-Western?  That isn’t as clear cut.

As a longtime resident of Tehran, this writer still has several contacts in Iran. As both sides of the U.S.-Iranian saber-rattling have at times amped or softened war rhetoric. But the Persian people are getting a steady diet of anti-American, and anti-Trump propaganda.

Some of that propaganda comes from CNN.  True.  CNN is arguably not doing our nation a favor in the coverage they provide to the Iranian people.

There were opportunities missed by the Obama Administration in 2009. The Obama era deal with Iran was arguably ludicrous from the perspective of our national interest.  It was equally problematic for the Iranians who yearned to be free of the radical Islamists.

We’ve noted before that the Russians have significant influence with the Iranian regime.

The Trump Administration has announced that some 1500 soldiers – not 10,000 – will be sent to the Middle East to act as an additional deterrent to the threat of Iranian aggression.

The mullahs” – per our sources – are engaged in back-door talks with the Trump Administration.

If so, to a degree, what we’re seeing on TV is mutual saber rattling, feeding their own bases. If it wasn’t for the challenges of Washington, this could be easier for the Trump administration, but as it stands, it is more complicated than it ought to be.

 


This right-of-center Fox Business clip does a good job of summing up some of the economic impacts on Iran.

The Iranian people are struggling.  Will it fuel another round of Iranian unrest, aimed at replacing their Islamic regime? Will cooler heads prevail?

 

Related Reports.

 

“You Made Me, Promises, Promises…” Historic Iranian, American Lessons in Freedom

 

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.24.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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

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

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

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

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

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

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

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

April New Home Sales Drop, Mortgage Rates Slide, Trade Tension Woes, plus Manufactured Home Stock Updates

May 23rd, 2019 Comments off

CNNmone5.23.2019ManufacturedHomeStocksMarketsReportsMHProNewsSome things are starkly real, regardless of what the cause might be. But when it comes to housing, especially affordable housing, ought to be able to ride higher during various challenges. That’s just common sense.  More entry level cars are being sold than ultra-luxury cars. More cheap boats are sold than huge yachts. So why aren’t more manufactured homes being sold than far more expensive options? So long as financing is available, credit scores, and the stable income are there to support home purchases, affordable homes ought to ride higher when higher priced homes might struggle. So, we’ll look at this evening’s report through that lens, on a day when the markets dropped over trade war tensions and more.

 

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

 

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

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

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

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

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

 

Select bullets from CNN Money…

  • Oil gets clobbered
  • A trade war between the world’s two largest economies is bad news for the oil business
  • Walmart, Target and Macy’s are hurt by the trade clash
  • Here’s the worst-case scenario for the US-China trade war
  • Memorial Day gas prices remain stubbornly high
  • With protesters at the gates, McDonald’s talks up its success story
  • Facebook removed 2.2 billion fake accounts in three months
  • Amazon might be working on a smart watch that can sense your feelings
  • Chipotle stock falls 6% on worries about African swine fever
  • PERSPECTIVES Bitcoin could revolutionize the way we donate money
  • The turnaround plan that wasn’t. Deutsche Bank stock hits new record low
  • Mounting antitrust scrutiny has Silicon Valley on the defensive
  • Intel was losing employees. So it created an anonymous hotline to help unhappy workers
  • Beaming cheap internet from space has bankrupted some companies. Here’s how SpaceX plans to survive
  • PERSPECTIVES Where Trump went wrong in the US-China trade war
  • Dow falls sharply on trade worries
  • This could be the most valuable Porsche ever sold
  • Disney’s plan to expand the Star Wars galaxy: Make the fantasy real
  • Coca-Cola is bringing back New Coke in honor of ‘Stranger Things’
  • McDonald’s is bringing hits from its global menu to the United States
  • Luckin Coffee surges in Wall Street debut
  • Burger King is bringing the Impossible Whopper to three new cities
  • Taco Bell will open 600 restaurants in India
  • Reusable packages are coming to Walgreens and Kroger
  • Starbucks to test recyclable, compostable cups
  • Whole Foods will ban plastic straws and offer smaller produce bags
  • Toblerone and Cadbury will be made with sustainable cocoa
  • This smart farm is growing tomatoes in the desert

Select Bullets from Fox Business

  • Trump rolls out second aid package for farmers worth $16B amid US-China trade war
  • Dow falls sharply on global trade, political concerns
  • Cheat on your taxes? Fewer Americans think you’re wrong
  • US tariffs on Chinese imports could help push inflation closer to 2%, Fed’s Daly says
  • How much it really costs to own a car in every state
  • House approves retirement reform bill that amends 401(k), IRA rules
  • Amazon customer asks Jeff Bezos during shareholder meeting for help returning package: report
  • WATCH: Maria Bartiromo spars with Democratic and Republican lawmakers over Washington dysfunction
  • Cento Fine Foods sued by customers claiming San Marzano tomatoes are not authentic: reports
  • Papa John’s embattled founder sells some 3.8M shares, remains largest individual shareholder
  • Elon Musk mocks Jeff Bezos’ space colony vision in snarky tweet
  • NASA awards Artemis contract to Maxar Technologies to build first pieces of lunar Gateway outpost
  • Origin of Russian probe goes ‘all the way up the chain,’ Robert Ray says
  • Panasonic reiterates Huawei relationship, vows strict adherence to partner countries’ laws, report says
  • New York City’s spending on homelessness climbs to $3.2B this year
  • Nashville’s NFL Draft generated record economic windfall: Here’s how much
  • Famed investor Alan Patricof says he’s sorry for this very costly mistake
  • Elizabeth Warren, AOC team up to jab Mnuchin for role in Sears’ demise
  • Queen Elizabeth II visits British Airways, Sainsbury’s in honor of their anniversaries

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

9MarketIndicatorsYahooFinance5.23.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

MortgageRatesFallChinaTradeManufacturedHomeDailyBusinessNewsMHproNewsMarketReport

For those who have walked a sales center display, or have sold manufactured homes in communities, they know that common questions are ‘how much down,’ and ‘how much a month.’   Its not only total price, but the initial investment and the monthly payment that can make or break a sale.

While this writer has not done that anywhere nearly as much as our publisher has, I’ve done it – which means that we have experiences that most others lack.

With that in mind, as conventional housing soars in price, manufactured homes – under more normal circumstances – ought to be surging, rather than struggling.

There is now growing talk of a protracted trade war with China.  That may be.  For those who have bet big on communist-led China, that could be a problem.

But would that be a problem for the U.S. in the mid-to-long run? Perhaps it would fuel still more economic growth, as manufacturing, energy, and other job creation surges to match business investments domestically.

CNBC’s video on the headline topic is below.

 

That should be viewed in conjunction with related reports, linked below.

Related Reports:

Kobayashi Maru, Crime, Kevin Clayton, Darren Krolewski, MHInsider – State of Manufactured Housing Industry

“Monopoly” in Manufactured Housing Alleged by George Allen, MHI Defender’s Turn by former Community-Investor, Self-Claimed EducateMHC Blogger

Manufactured Housing Institute Housing Alert! “On Capitol Hill…MHI Advances Manufactured Housing Finance Reform,” Redux

Andy Gedo, Partner at ManageAmerica, Raises Clayton Homes Monopolistic Practices Debate; Manufactured Housing Institute Related Issues

Dr. Mark Calabria, FHFA Director Interview, Front Lines of GSE Reform, Manufactured Housing Impacts Ahead

 

Bloomberg Closing Ticker for MHProNews…

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

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

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

5.23.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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

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

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

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

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

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

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

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