Noteworthy headlines on CNNMoney – Small-cap stocks are on fire since Trump win. Chicago O’Hare airport workers plan Thanksgiving strike. Change is coming to McDonald’s. Trump to remake board that rejected his hotel. Some bullets from MarketWatch – Global bonds just endured their worst selloff in more than 13 years. …
Skyline, Cavco Lead Up Day for the Manufactured Housing CV, Broader Markets Down Read More
Fresh off of their quarterly earnings call on October 31st where they beat analysts’ expectations, Affiliated Managers Group (NYSE:AMG) saw Sterling Capital Management LLC increase its stake in the company by 5.9 percent during the second quarter. Sterling Capital Management now owns about 1.02 percent of AMG, valued at $77.22 million. …
Government lender Freddie Mac has formed a partnership with Next Step Network, Inc., a Louisville, Kentucky-based non-profit housing intermediary, to roll out consumer education curriculum for manufactured home buyers. The initiative is intended to foster new relationships with active participants in the manufactured housing industry, including mortgage lenders, at the …
Freddie Mac Forms Partnership, Rolls Out MH Education Curriculum Read More
Noteworthy headlines on CNNMoney – Mexico pulls trigger on Trump “contingency plan.” JPMorgan fined for hiring kids of China’s elite. Wells Fargo account openings plunge 44% (DBN coverage of Wells Fargo here). Tesla shareholders approve Solar City merger. Some bullets from MarketWatch – U.S. stocks end higher after strong data, …
Patrick Industries Leads Up Day For Manufactured Housing CV, Broader Markets Rise Read More
Esthela Garza, president of the Pasadena Trails resident-owned community (ROC), and new member Paula Maldonado, were featured on a panel discussing the basics of manufactured housing at the “I’m Home” conference in San Antonio November 14th-16th. “Many of the residents were happy to live there, but now they participate in …
Investor and real estate billionaire Sam Zell was on CNBC’s Squawk Box yesterday to discuss the impact of Donald Trump’s election. “I think Donald Trump is very smart and has a unique opportunity to change things and lead this country,” said Zell. “And I think this country desperately is looking …
Alan Dershowitz – an emeritus law professor at Harvard University, high profile member of the O.J. Simpson defense team and staunch Democrat – is speaking out in response to strong rhetoric against Breitbart Chairman, Steve Bannon. “It is not legitimate to call somebody an anti-Semite because you might disagree with …
Prominent Democratic Lawyer Defends Breitbart’s Steve Bannon Read More
Noteworthy headlines on CNNMoney – Megyn Kelly weighing options at other networks. U.S. dollar hits 13-year high. Ford will be first automaker to import cars from India. Twitter suspends accounts of “alt-right” advocates. Some bullets from MarketWatch – Shipping stocks soar as bears abandon ship. Donald Trump’s war on media …
Patrick Industries, Drew Industries Lead Manufactured Housing CV, Broader Markets Mixed Read More
Fiction Factory, a Holland-based builder, has unveiled its new modular home, which is made of layered cardboard. According to architects on the project, while cardboard is not among the normal top choices for building materials, the home, called “Wikkelhouse” (which translates to “wrapper house”) will they claim will last for …
Legal & General Group PLC, which has made significant moves recently in the manufactured and modular housing segments, held its stake in Cavco Industries Inc. (NASDAQ:CVCO) during the second quarter of 2016. The Holdings Channel reports that Legal & General owned 1,255 shares of the company’s stock at the end …
Noteworthy headlines on CNNMoney – New Balance: We’re not the shoes of white supremacists. U.K. has no Brexit plan according to leaked memo. Yuan hits lows not seen since the financial crisis. Branson and startup unveil supersonic plane. Some bullets from MarketWatch – Stock market investors turn to small-caps after …
Carlyle Group, Louisiana-Pacific Lead Manufactured Housing CV, Broader Markets Up Read More
Even though he supported Hillary Clinton in this years’ presidential election, Berkshire Hathaway CEO Warren Buffett says that the nation needs to unite. “I support any president of the United States. It’s very important that the American people coalesce behind the president,” Buffett told CNN’s Poppy Harlow in an interview …
Buffett On President-Elect Donald Trump: “He Deserves Everybody’s Respect” Read More
Noteworthy headlines on CNNMoney – SEC chair to leave before Trump takes office. Warren Buffett makes a bet on U.S. airlines. Tiny home living is having a moment. What you need to know about Steve Bannon. Some bullets from MarketWatch – India, not Trump, is the real reason behind the …
Manufactured Housing CV Down, Broader Markets Mixed On Trump Policy News Read More
A Chattanooga based startup is ready to innovate with 3D homes. And it’s won an award. Branch Technology won the Chattanooga Area Chamber of Commerce “Spirit of Innovation Award” last week. The company held a contest with $10,000 in prizes that drew entries from around the world to design a …
Startup Wins Innovation Award For Upcoming 3D Home Read More
Sun Communities Inc. (NYSE:SUI) has seen a number of investors either increase or take new positions in the company recently. After reporting better than expected results during their Q3 earnings call on November 1st, including revenues of $249.70 million for the quarter (compared to analysts’ expectations of $146.83 million), Sun …
This month, we continue with our thought-provoking theme: Entrepreneurs November in MHVille 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling. What …
IMPACT 20/20, an influential group of northwest Minnesota leaders representing diverse interests created to advance the region’s economic success, formed a task force in 2016 to address housing needs of the region. The group will host a housing summit on Wednesday November 16th, with a focus on workforce housing. According …
Housing Summit to Address Workforce Housing, Showcase Manufactured Housing Read More
Noteworthy headlines on CNNMoney – Buffett hasn’t sold a single share of Wells Fargo. Facebook decides that many of us are dead. Peter Thiel joins Trump’s transition team. New York Observer ends print edition. Some bullets from MarketWatch – Dow ends at record, scores best weekly gain in five years. …
Manufactured Housing CV Up 3.54 Percent, New Record High for Broader Markets Read More
Institutional investors appear to be pleased with UMH Properties Inc. (NYSE: UMH), with 44 managers opening or increasing stock positions. UMH shares have risen 20.27 percent since April of this year, and the company has outperformed the S&P 500 by 18.31 percent. According to Frisco Fastball, UMH is expected to …
Investor Sentiment Better than Expected for UMH Properties Read More
Coming off of their most recent earnings report on October 18th, which included a 7.7 percent increase in revenue, Equity LifeStyle Properties, Inc. (NYSE:ELS) saw one investment firm lower its stake in the company. Venturi Wealth Management LLC lowered its position by 5.3% during the second quarter to 30,680 shares …
Investors, Analysts Weigh in on Equity LifeStyle Properties Read More
