It’s not a deal within the manufactured housing industry, but the DoJ move may set up what could be a precedent that will send waves through offices in Omaha, metro Knoxville, and Arlington, VA.
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:
- DOJ set to sue to block AT&T-Time Warner deal
- Janet Yellen submits resignation from the Fed
- Trump’s top trade issues: Where they stand
- Uber fined $8.9M for problematic background checks
- Can anything stop bitcoin? Price above $8,000
- Uber, Volvo: A step closer to driverless reality
- Tesla Roadster might fly
- Cash is still king in the digital era
- Bidder proposal: Make Weinstein Co. women run studio
- How decades of bad decisions broke GE
- Retailers are going nuts to lure you into stores
Selected headlines and bullets from Fox Business:
- DOJ to fight AT&T-Time Warner deal in court
- Stocks bounce higher as tech, industrials spark rally
- Oil eases as traders and investors grow edgy ahead of OPEC
- NFL is dead in red states as anthem protests hurt football
- India’s Mahindra opens Detroit plant to build off-road vehicles
- Clinton still fighting worst election loss in modern times: Lewandowski
- Yellen to resign from Fed’s Board of Governors
- Tyson Foods to build new $300M plant in Tennessee
- US economy will boom in 2018: Goldman
- A Black Friday road map for shoppers
- Macy’s Thanksgiving parade: Heightened security expected in NYC
- Tech stocks offer big returns, lower volatility
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 2,582.14 +3.29(+0.13%)
Dow 30 23,430.33 +72.09(+0.31%)
Nasdaq 6,790.71 +7.92(+0.12%)
Crude Oil 56.23 -0.32(-0.57%)
Gold 1,276.70 -19.80(-1.53%)
Silver 16.90 -0.48(-2.75%)
EUR/USD 1.1734 -0.0054(-0.46%)
10-Yr Bond 2.37 +0.02(+0.76%)
Russell 2000 1,503.40 +10.57(+0.71%)
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 –
DoJ Suit Could Signal a Possible Shock Wave Toward
Berkshire Hathaway MH Brands, MHI.
What today’s spotlight is about is a principle, and if it may be or can be applied to the manufactured housing industry.
It’s not an uncommon topic of conversation in the manufactured housing industry. It’s the M Word.
“Monopoly” is what people inside and outside of manufactured housing have alleged or spoken quietly within the industry about Berkshire Hathaway’s dominance of Manufactured Housing and the Manufactured Housing Institute (a.k.a., tongue in cheek, “Monopolistic Housing Institute”).
The left-of-center Bloomberg video posted below explains the issues, and the potential political nuances involved.
Prior reports and recent links on this topic by the Daily Business News are found above and below.
Field Reports – Clayton to Continue Push for Industry Dominance
Department of Justice, Anti-Trust, and Manufactured Housing Institute (MHI)
Secretive “NEW” Class of Manufactured Housing Raises Serious Concerns
Clayton Homes “Have It Made” Campaign, Manufactured Housing Pros React, Initial Analysis
Disclaimer, MHProNews are not implying expertise in anti-trust law, such issues are for experts to decide. But given the possible impact on the industrya, we will continue to track this topic. “We Provide, You Decide.” ©
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
Profitable Insight$ – POTU$ Trump Effect on MH Stock$ at 1 Year, Part 4
Trump Effect – 1 Year Election Impact on Manufactured Housing Connected Stocks, Part 2
Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1
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).
Berkshire Hathaway is the parent company to Clayton Homes, 21st 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.)
Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.