It has been about a month since the news rocked Cavco Industries that Joe Stegmayer had stepped down as Chairman and CEO in the wake of a subpoena issued by the SEC. We’ll look at the latest as our featured report, below. If you’re new, already hooked on our …
These are #NettlesomeThings. A Clayton retailer sent a long message as part of a confidential news tip, that included the following. The Daily Business News on MHProNews has added our customary bold/brown to reflect a direct quote, but the rest are emphasis and typos are in the sender’s original …
“Lots of Sizzle,” Clayton Sales Performance, Other MHI & Clayton Homes News Tips Read More
From time to time state association executives or their staff send hot links into their members to select members. These are often about mainstream news stories that the executive or an association staffer at times fails to carefully check. We’re human, it happens. But as MHProNews reported last …
This is true storytelling with a manufactured housing (MH) purpose. Relax with your favorite Sunday beverage, as you dive in… Winter up north is obviously quite different than winter in central Florida. Having spent about a decade doing MH business projects from bases in WI and IL, the …
Who said that jawboning doesn’t work? President of the United States (POTUS), Donald J. Trump has been saying very publicly that he isn’t even a little happy with his pick to head the Federal Reserve as chairman, Jerome Powell. Today, in Powell’s speech to the Economic Club of New York …
Fed Chair Powell’s Full 24 Minute Economic Speech, Stocks Roar, Plus MH Market Updates Read More
Not one, but two different former independent HUD Code manufactured housing retailers that sold out to Clayton Homes in recent years revealed a surprising trend to MHProNews. Retail traffic – manufactured home shoppers – at formerly independently-owned manufactured home sales centers declined after Clayton Homes bought their locations, …
Clayton Homes Owned Sales Centers Reveal Surprising Trend Read More
The Third Avenue investment fund has reportedly sold off all of its shares of Cavco Industries (CVCO). Look carefully at collage/graphic with commentary, just below. The stock has overall been slowly recovering since the SEC news broke, and it initially dropped like a rock. But there …
Hedge Fund’s Cavco Move, and More from Inside MHVille Read More
Cavco Industries (CVCO) stock has been slowly recovering from the word last week that the SEC issued a subpoena to the firm in connection with trading by now ex-Chairman and CEO, Joseph Stegmayer. 2 law firms subsequently announced investigations. Now, 2 more law firms are diving in. That will be …
On a down day for many stocks on Wall Street, the word is out from CNBC and other sources that Third Point’s Daniel S. Loeb has made several moves that ought to draw a careful look from manufactured housing professionals and other investors. As a reminder, Loeb was spotlighted …
Post-Charlottesville, CfA’s Hunts Evidence of Racism, S MHProNews was alone in Manufactured Housing independent professional’s trade media in reporting last year that four Democratic leaders – including Maxine Waters and current DNC Vice-Chairman Keith Ellison – had asked for the Consumer Financial Protection Bureau (CFPB) and the Department of Justice …
Sometimes the truth is stranger than fiction. On the surface, it sounds preposterous. Or even bizarre. Why would billionaire Warren Buffett, his family, and related foundations make ‘charitable’ contributions of Berkshire Hathaway stocks, cash, and/or grants to a left-wing activist-organizations that in turn paid MHAction, which disrupted HUD Secretary …
According to research published by MarketWatch, Warren Buffett, Chairman of Berkshire Hathaway, has given 100% of his campaign contributions to Democrats during the 2016 election cycle. Berkshire has numerous manufactured housing brands, such as Clayton Homes. “Company executives often steer clear of any appearance of partisanship, in large …
MarketWatch Reports Warren Buffett’s Midterm Campaign Contributions Read More
First, thank you for giving us a record start to October. It seems that the sharper the fact-checks, the more our audience or professionals and investors eats it up. Serious readers deserve facts, not pablum. The pie-charts below are about manufactured housing production. But they arguably represent …
Let’s begin with an analogy. Toyota today issued a recall on 168,000 vehicles, said Newsday. Just a week ago, Consumer Reports said that Toyota has recalled over 900,000 vehicles for stall. Do manufactured home industry professionals think those numbers prevent people from buying a Toyota? Is it unfair for …
FBN’s Charlie Gasparino, Circle Squared CEO Jeff Sica and B. Riley FBR chief market strategist Art Hogan address the market selloff in today video, which set almost every manufactured housing equity tumbling. That will be our focus for this evening. If you’re new, already hooked on our new spotlight feature …
“Don’t Over Analyze Today’s Puke” – Gasparino, Markets Dump, Plus MH Equities Updates Read More
“From writer & director Vladimir de Fontenay, the film will finally be released in US theaters this November. The story follows a young mother named Ali, played by Imogen Poots” said First Showing, “The makeshift family scrapes by, one hustle at a time, until the discovery of a mobile home1 community …
Imogene Poots, Vladimir De Fontenay’s Video Look – “The American Dream,” “Mobile Homes” Read More
LinkedIn is a useful tool in several respects, one which thousands of manufactured home industry professionals enjoy. While Facebook certainly has more MH professional users, LinkedIn provides a different look, feel, features, and experience. Social media in many respects is ‘public,’ so on publicly posted messages, there is …
LinkedIn, Manufactured Housing, and Manufactured Home Industry Professional Insights Read More
It’s natural. International soccer – what much of the world calls in their native language ‘football’ – reflects hometown and national pride. It’s like having pride in your high school, college, university, city, state, or our nation. Patriotism evokes loyalty and pride in one’s country. It’s natural. …
There is a steady stream of positive economic, consumer confidence, business and investor confidence news. The positive economic news stands in stark contrast to the roughly last 9 years before the 2016 election, when huge borrowing and a series of “QEs” – “Quantitative Easing” – artificially propped up an economy …
Fed’s Powell “Remarkably Positive Outlook,” Plus Manufactured Housing Market Updates Read More
“We love working with companies that make a world positive impact on everyday lives, said Andrew Beebe, managing director of Obvious Ventures, as part of a statement to MHProNews. “Plant Prefab is focused on dramatically improving efficiencies and environmental responsibility in the $330 billion market for new homes in the …
