Noteworthy headlines on – CNNMoney – Caterpillar stock tumbles as feds execute search warrant. Companies are lining up to build the border wall. Mexican firm: We’ll provide cement for Trump’s wall. Venezuela is down to its last $10 billion. Some bullets from Fox Business – Trump advocates for defense buildup …
TCN, ELS Up, Manufactured Housing CV, Broader Markets Down Read More
The Senate, in a 58-41 vote Thursday, has confirmed Dr. Ben Carson to be the next Secretary of the U.S. Department of Housing and Urban Development (HUD). Carson’s nomination was approved by a bi-partisan majority of the Senate Banking, Housing and Urban Affairs Committee in a vote on January 24, …
Ben Carson Confirmed as HUD Secretary, MHI and MHARR Commentary Read More
Leading up to his speech to a joint session of Congress Tuesday evening, many were curious as to exactly how President Donald Trump would approach the moment and what his message would be. Post speech, the responses, and where they came from, were quite interesting. “This will be a very …
Noteworthy headlines on – CNNMoney – Dow soars 300 points, zooms past 21,000. Wells Fargo strips CEO and 7 top execs of 2016 bonuses. McDonald’s to launch ordering app, expand delivery. Kay and Jared jewelry chains face discrimination allegations. Some bullets from Fox Business – Dow’s latest 1K-point advance ties …
UFPI Soars, Manufactured Housing CV UP, Broader Markets Hit New Records Read More
In Carbon Hill, Alabama this week, the City Council heard about a possible plan from developers to use a couple of old manufactured home plant facilities to make small-sized homes, aka “tiny houses.” Charles Phillips, his son, Charles T. Phillips, and Jim Clark spoke to the council about their plans. …
Washington, D.C., February 28, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that Executive Orders issued by President Trump within the past thirty days provide an unprecedented opportunity for the federally-regulated manufactured housing industry and American consumers who rely upon manufactured homes. The orders, says MHARR, …
MHARR: President Trump’s Actions Offer Major Opportunity for MH Industry and Consumers Read More
Noteworthy headlines on – CNNMoney – What Wall Street wants to hear from Trump. Bidding war over Obamas’ book deal. NY Fed president: “Animal spirits have been unleashed.” Shamed retail baron pays $450M to protect pensions. Some bullets from Fox Business – Dow halts record run, February was still mighty …
TCN Up, Manufactured Housing CV, Broader Markets Down Read More
When the “Oracle of Omaha” speaks, people listen. Actually, millions of people listen. On February 25th, Warren Buffett delivered his annual letter to shareholders. In his letter, the manufactured housing industry was front and center, as Buffett discussed Clayton Homes. “Clayton and Berkshire have been a wonderful partnership,” wrote Buffett. …
The Report, Warren Buffett, Kevin Clayton and Clayton Homes Read More
Noteworthy headlines on – CNNMoney – Trump promises insurers a “fantastic plan.” Buffett: Market not in a bubble, still looks “cheap.” Trump meeting with regional media outlets. Tesla gets downgraded to “sell” by Goldman Sachs. Some bullets from Fox Business – Dow, S&P 500 close at record as Trump talks …
Skyline Soars, Manufactured Housing CV, Broader Markets Up Read More
As we wrap up the month of February, our featured articles are on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …
Sun Communities, Inc. (SUI) has reported its Q4 2016 earning results. Total revenues for the quarter increased $50.4 million, or 30.0 percent, to $218.6 million compared to $168.2 million for the same period in 2015. Net loss attributable to Common Stockholders was $1.6 million, or $0.02 per diluted common share, …
Elkhart, Indiana-based Skyline Corp. (NYSE: SKY) announced in an 8-K filing with the SEC last week that it plans to suspend operations at its manufactured housing facility in Mansfield, Texas. “The suspension is due to the plant being unable to profitably operate since it was converted from producing recreational vehicles …
Noteworthy headlines on – CNNMoney – CNN and other media barred from press briefing. New York Republicans’ alternative to “tuition-free” college. What young conservatives think of the media. Democrats fear recession, Republicans see a boom. Some bullets from Fox Business – Trump orders federal agencies to identify unnecessary regulations. Nigel …
ELS, Manufactured Housing CV Up, Broader Markets Gain Read More
Sam Zell, a name familiar to the manufactured housing industry, spoke to TheStreet recently at a conference in Boca Raton, Florida, about the “staggering economic opportunity” for the U.S. under President Donald Trump. “Trump’s vow to cut government regulation could lead to one trillion of (economic) stimulus without spending anything, …
Noteworthy headlines on CNNMoney – Mnuchin: Expect tax reform by August. Trump meets with top US manufacturers. Uber investors blast company culture. What Boeing’s new 737 Max 9 has under the hood. Some bullets from Fox Business – Time Warner to sell TV station amid AT&T merger. S&P 500 edges …
TCN Up, Manufactured Housing CV Down, Broader Markets Mixed Read More
The January U.S. home sales report is out and shows that sales have reached their highest level in a decade, despite limited supply and rising prices. According to The Real Deal, deals on previously owned homes, which comprise the overwhelming majority of U.S. sales, hit a seasonally adjusted annual rate …
In Palm Beach County, Florida, shipping containers are getting a new lease on life in a very interesting way. The containers are being turned into what Jupiter real estate agent Rick Clegg is calling an “up cycled eco retreat,” a white, two-story house that looks like a rustic steel cabin. …
As the Trump Administration prepares its first budget, a familiar name is on the chopping block. Legal Services Corporation, AmeriCorps, the National Endowments for the Arts and the Humanities, and the Corporation for Public Broadcasting (CPB), parent of National Public Radio (NPR), are all in the crosshairs for cuts. According …
Trump Administration Readies Budget Cuts, Familiar Name on List Read More
In what has been a multi- year saga, the city of Tampa, Florida is suing the owner of a condemned manufactured home community for millions in code violation fees. According to SaintPetersBlog, nearly six years ago GreenPark Residences obtained a neglected 18-unit community in the city, and since then, officials …
Noteworthy headlines on – CNNMoney – Western media accused of spreading “fake news”. Fed leaders expect next rate hike “fairly soon”. Verizon to test 5G in 11 cities. Company says employee is missing with $100M. Some bullets from Fox Business – Dow sets longest record streak since ’87 as investors …
Patrick Up, Manufactured Housing CV Down, Broader Markets Mixed Read More
