· After ICE raid, he lost 10% of his workers.
· Ivanka Trump brand ended talks with Japanese firm.
· Obamacare enrollment slides to 10.3 million for 2017.
· The very dark warning from billionaire investor Ray Dalio.
· Bobbi Brown: ‘I never saw a glass ceiling.’
· Uber has a leadership void at a time of crisis.
· How the PGA is trying to fix golf’s image.
· A top vodka brand is trolling Trump.
Bullet points from Fox Business:
· Trump likely to get GOP senators’ revised health care draft Tuesday.
· Jeff Immelt to retire as GE CEO, Flannery to succeed.
· Apple, Netflix see more selling pressure as tech rout continues.
· Oil rises on signs of U.S. inventory declines, lower Saudi exports.
· GE’s Jeff Immelt steps down, stock has best day since 2015.
· ‘Made in America’ cars: Chevrolet Traverse, Ford F-150 top 2017 list.
· Trump apprentices’ starting pay $60K, more in demand than college grads: Secretary Acosta.
· Solar panels could help pay for Trump’s border wall.
9 market indicators as reported at today’s closing bell…
S&P 500 2,429.39 -2.38 (-0.10%)
Dow 30 21,235.67 -36.30 (-0.17%)
Nasdaq 6,175.46 -32.45 (-0.52%)
Crude Oil 46.04 +0.21 (+0.46%)
Gold 1,267.70 -3.70 (-0.29%)
Silver 16.94 -0.28 (-1.61%)
EUR/USD 1.1201 +0.0007 (+0.07%)
10-Yr Bond 2.213 +0.014 (+0.64%)
Russell 2000 1,419.21 -2.50 (-0.18%)
Today’s MH Market Spotlight Report – Killam
The Cerbat Gem reports that, “Shares of Killam Apartment REIT (TSE:KMP.UN) have been assigned a consensus rating of “Buy” from the eight analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$13.66.”
From Killam’s website:
Manufactured Home Communities
Affordable living without the sacrifice
“Killam is one of Canada’s largest owner operators of manufactured home communities (MHCs), also known as land lease communities. With over 30 MHC’s across Atlantic Canada and Ontario, Killam prides itself on actively managing all its communities with professional, on-site staff who are supported by a dedicated team of full time and contracted maintenance and administration staff. ”
To the Media…
Philip Fraser, President & Chief Executive Officer, said in an interview with the Globe and Mail in 2010, “In many ways, this is as good as it gets in real estate because it is pure cash flow,” Fraser said. “We often say around here that if we ever wanted to give it all up and live on the beach, all we would need to do is buy a couple of parks to keep us going.” He said it is the perfect place to invest in real estate.
Today’s Movers
LCI and UFPI led gainers. Tricon and BAM lead the sliders.
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
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).
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)
