Some noteworthy headlines on CNNMoney: U.S. opens investigation into Wells Fargo scandal. Lucky number 7! Apple’s stock is soaring. Ford moving all small car production to Mexico. Some bullets from MarketWatch – Why Wells Fargo isn’t likely to claw back compensation from top executive. Feds reportedly investigating Wells Fargo’s sales …
Patrick Rebounds, Carlyle, and MHCV does too – broader markets mixed Read More
Analysts at Citigroup in a research report released to investors upgraded Sun Communities, Inc. (NYSE: SUI) from “neutral” to “buy” on Monday with a target price of $86.00 on the real estate investment trust’s (REIT) stock. This news comes on the heels of other reports from TheStreet – cut from …
Citigroup Inc., other investment managers, sound off on Sun Communities Inc. (SUI) Read More
CNNMoney says – Waiting for the Fed: Market volatility is back from summer break. MarketWatch’s bullets include – Wall Street’s ‘fear gauge’ shows that it may get ugly in the stock market. Stocks sell off as retreating oil, Fed worries dog market. They note too that GOP nominee Donald Trump …
Killam and Deer Valley hold; Broader Markets, MHCV and other Track Stocks Tumble Read More
MarketWatch spotlighted the following today: More pain may be in store for the S&P 500 in 2016, says Goldman. CEOs of biggest U.S. firms less optimistic about economy. It’s business as usual at Wells Fargo after record fine. Trump says Yellen keeps interest rates low because of White House pressure. …
AMG, Sun Shine; Killam, Third Ave slide, 3 Major Indexes Rebound Read More
Venator Capital Management Ltd has purchased up 466,541 additional shares in Skyline Corporation during the most recent quarter end, the firm said in a disclosure report filed with the SEC, reports TheFoundersDaily. Venator’s website describes themselves in these terms, “Venator Capital Management Ltd. is a Toronto-based investment firm that strives to …
Skyline Corporation – Management Fund’s Major Move – Manufactured Housing Market Watch Read More
CNNMoney asks, do more heads need to roll at Wells Fargo? Volkswagen engineer pleads guilty to criminal charges. They also stated the obvious, as they report that the Dow plunges almost 400 points. MarketWatch notes that: “Gundlach’s talk of a surprise Fed tightening sets stage for a stock, bond-market rout” …
All Markets Tumble, only 1 MH track stock gains, 2 hold, the rest down for the day Read More
“West Virginia is a fairly close-knit community,” explains Andy Gallagher, Executive Director of the West Virginia Housing Institute Inc.(WVHI). “Natural disasters are regular occurrences, unfortunately, and family takes care of family.” Jeff Jenkins, writing in the WVMetroNews, stated that “Several staff members with the Federal Emergency Management Agency will be …
The Other Flooding Story – FEMA and Manufactured Housing Units (MHUs) Read More
“Compared to where we were, there is no comparison,” said Lee Allen. “It’s been 10 years of good memories.” “When you walk through Lee and Lucille Allen’s front door, it feels like home,” begins the NextStepUS Annual report. Over a decade ago, the Allen’s became NextSteps first home owners. “Lee …
Affordable (Manufactured) Housing Done Right – NextStepUS Annual Report Read More
Champion Home Builders recently finished the construction of a net-zero demonstration home, reports Builder’s Jennifer Goodman. The home is located at the Pine Tree Manufactured Home Park in Eatontown, NJ. The plan is to gather data during the next 18 months, as a way to encourage the construction of more …
Champion Home Builders crafts Net-Zero-Energy home Read More
Apache Corp. says it found billions of barrels of oil in a new find in West Texas south of the New Mexico line, reports MarketWatch. While the tech side of market news has eyes on Apple’s new iPhone 7, Nintendo, oil futures are at the highest level in a week. …
AMG and NorthStar Lead, Patrick, SKY recede – as new U.S. Oil Find Touted Read More
Dick Harris, owner of the Whitefield, NH Country Village Mobile Home Park recently received apparent good news regarding his park expansion proposal, The Caledonian Record reports. Harris was given unanimous approval from the planning board to expand his community. The first phase of this three-phase expansion will add four homes …
Manufactured Home Community Expansion Approved, But… Read More
CNN Money headlines included Donald Trump’s assertion that the Fed has created a “false economy,” and that Americans don’t believe unemployment rate (see in-depth labor and economic charts/graphics and report, linked here.) Meanwhile, MarketWatch warns – Clouds gathering on U.S. economy? And without action, a government shutdown looms in three …
Sun & Third Ave lead, Deer Valley, UMH, LPX & MHCV recede Read More
Skyline Corporation (NYSEMKT: SKY) saw its stock decrease by 10.78% in short interest, states consumer and financial news company, Consumer Eagle. Skyline designs, produces and markets manufactured and modular housing models as well as park models, as MH industry pros know. The company had a total short interest of 344,200 shares …
Skyline Stock in Focus Report; Markets Closed for Labor Day Read More
As it’s owners, managers, policy wonks, investors and working professionals who are the largest likely group of readers of MHProNews, it’s useful on this Labor Day to think beyond the celebration and the paid federal holiday, and look at what’s happening to labor in the United States. Because much of …
Labor Day 2016, By the Numbers – and Manufactured Housing Read More
DEMING, NM – Solitaire Homes, a major employer in Deming, has hit a manufactured home production milestone as they continue to build and sell their product throughout the southwest. The plant recently built their 5,000th home from their production center which opened in 2001. They sell mostly within that market …
Solitaire Homes reaches 5,000 manufactured home milestone Read More
“Revolution Pre-Crafted Properties is a collection of limited edition dwellings, ranging from functional pavilions to modular homes,” explains DesignBoom. “The average price for one of these homes or pavilions is US $300,000, which I think is very compelling, because not everyone has access to these architects. And even if you did, you would …
Stocks ended modestly higher after a soft jobs report, says MarketWatch. “The U.S. added 151,000 jobs in August, slowing sharply from earlier in the summer.” The billion-plus monthly pageview news aggregator Drudge Report cited the following headlines and numbers; Biggest gains in bars, restaurants – ‘Army of Men’ Out of …
Cavco Leader, MHCV Outperforms, as soft jobs reports checks Wall Street Read More
Lauren Urbanek, writing for the Natural Resources Defense Council (NRDC), is among the recent writers and policy advocates expressing their support for the Department of Energy (DOE) proposed revised standards for manufactured housing (MH). Building on a report on the American Council for an Energy-Efficient Economy (ACEEE) done by Senior Policy …
Informed sources have told MHProNews about a national association with significant ties to numbers of HUD Code manufactured housing professionals; an association many times larger than the Manufactured Housing Institute (MHI) or the Manufactured Housing Association for Regulatory Reform (MHARR), or both combined. That group? The National Federation of Independent …
Larger! The Other National Association…Not MHI, Not MHARR…Ally? Competitor? Both? Read More
“U.S. Manufacturing Hits Rough Spot in Possible Warning on Growth,” says Bloomberg, which also notes that “It’s Hard to Overstate How Quiet Stock Markets Are Right Now.” In the wake of their spectacular explosion on the launch pad, CNBC asks – “Why was Facebook launching a satellite?” The three main …
AMG sliding, MHCV rising, Other Markets Close Mixed Read More
