Financial Service Industry’s “New Villains?” Plus, Virtually All MH Tracked Stocks Rise

CNNmoney10.2.2017ManufacturedHomeStocksMarketsReportsMHProNewsTragedies like Hurricanes Harvey, Irma, and Maria – along with tax reform and other hot button topics – are sparking new record highs in the markets, including those stocks tracked here on the Daily Business News connected to the manufactured housing industry.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports’ are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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

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

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

  • Anthem will be live for ‘Monday Night Football’
  • GM: The future is all-electric
  • Gun stocks on the rise after Las Vegas attack
  • Deadliest mass shooting in modern U.S. history
  • Former Equifax CEO: ‘I am deeply sorry’
  • Uber board mulling power shift
  • Nordstrom sale reportedly hits a snag
  • Country music world stunned: ‘Beyond horrific’
  • Monarch customers are angry and confused
  • Should Wells Fargo be shut down entirely?
  • SEC says personal info compromised in 2016 hack

Selected headlines and bullets from Fox Business:

  • Wall Street indexes log record high closes
  • Oil falls more than 2% on signs of higher output
  • Before Las Vegas shooting, suspect Stephen Paddock was settling into retirement
  • Las Vegas shooter worked for predecessor of Lockheed Martin
  • Oracle executive denounces Trump immigration policies
  • S. rocker Tom Petty reported dead at age 66: Reports
  • Interior watchdog investigating Zinke over charter flights
  • Las Vegas shooter used an outlawed weapon: Judge Napolitano
  • Las Vegas Shooting: Pelosi calls for select committee on gun violence, stronger background checks
  • ‘Pawn Stars’ Rick Harrison on Las Vegas massacre: ‘Not the time’ for politicians to make points
  • GM to launch new EVs, says future is all-electric
  • The deadliest US mass shootings
  • How major US stock indexes fared on Monday
  • S. stocks are opening at record highs Monday morning as technology and health care companies advance.
  • Man gets 4 years in prison for staging crashes in fraud scam

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

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

S&P 500 2,529.12 +9.76(+0.39%)

Dow 30 22,557.60 +152.51(+0.68%)

Nasdaq 6,516.72 +20.76(+0.32%)

Crude Oil 50.54 -1.13(-2.19%)

Gold 1,274.10 -10.70(-0.83%)

Silver 16.60 -0.07(-0.43%)

EUR/USD 1.1735 -0.0078(-0.66%)

10-Yr Bond 2.337 +0.011(+0.47%)

Russell 2000 1,509.47 +18.61(+1.25%)

9MarketIndicatorsYahooFinance10.2.2017DailyBusinessNewsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

We are the Financial Service Industry’s “Newest Villains?”  Bloomberg explores that question, and points a finger at two operations, both of which serve the manufactured housing industry.  Wells Fargo, which Berkshire Hathaway has significant ownership interests in, and Equifax. See our prior report on Equifax, linked here.

 

ManufacturedHousingIndustryTop5LendersDailyBusinessNewsManufacturedHomeMHProNews


Four bullet’s from Bloomberg on the two scandals, as they head to Washington, to explain their woes to Congress.

•            “Ex-Equifax CEO will testify before House committee on Tuesday

•             Wells Fargo chief also will speak with lawmakers about scandal

•             Wells Fargo & Co. is wrapping up one of its worst years ever by passing a baton to Washington’s new favorite financial-industry villain: Equifax Inc.

•             Executives from both companies will travel to Capitol Hill this week to testify in overlapping hearings about efforts to aid customers stung by lapses at their firms. Lawmakers on both sides of the aisle are eager to use Wells Fargo’s retail bank scandals and Equifax’s massive data breach to push their political agendas on everything from computer security to financial regulation.”

BankVaultDoorFinancialServicesIndustryDailyBusinessNewsMHProNews

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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).

 10.2.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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 a recent round of industry praise for our coverage, is found here.

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

“We Provide, You Decide.” © ## (News, Analysis.)

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

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

 

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