Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.
On the acquisition front in the manufactured housing industry, Universal Forest Products, Inc. (NASDAQ: UFPI) has announced two acquisitions. Through one of its affiliates, UPFI has closed on the purchase of certain assets of Quality Hardwood Sales. Based in Nappanee, Indiana, Quality Hardwood Sales is a manufacturer and supplier of …
Manufactured Housing Industry Acquisitions Announced Read More
Noteworthy headlines on – CNNMoney – Wells Fargo fallout: Execs reshuffled, 3 managers out. Mnuchin warns Congress on debt ceiling. Engineers say fixing infrastructure will take $4.6 trillion. Staples to close 70 more stores. Some bullets from Fox Business – Andrew Puzder: Democrats afraid we will succeed. EPA Chief Scott …
UFPI Gains, Manufactured Housing CV Down, Broader Markets Rise Read More
Fresh off of their announcement regarding the shutdown of their Mansfield, Texas production facility, and the subsequent announcement that Champion Homes will acquire it, Skyline Corp. (NYSE: SKY) announced yesterday that the company has suspended operations at its Elkhart, Indiana plant. According to the South Bend Tribune, Skyline also …
Noteworthy headlines on – CNNMoney – Why women are better investors than men. U.S. poised for record oil output in 2018. What worries investing guru Jack Bogle right now. North Korean banks kicked out of global messaging network. Some bullets from Fox Business – Uber self-driving cars are coming back …
LPX Gains, Manufactured Housing CV Down, Broader Markets Mixed Read More
Noteworthy headlines on – CNNMoney – Wikileaks: CIA hacks the world’s phones and TVs. New York Times publisher takes 13% pay cut. Uber searching for a COO after crises. Facebook calls cops on journalists reporting child porn. Some bullets from Fox Business – Dick’s to cut unpopular brands from stores. …
Sun Gains, Manufactured Housing CV, Broader Markets Fall for Second Day Read More
Noteworthy headlines on – CNNMoney – Netflix, Facebook and other techs remain red hot. How Trump’s wiretap claim got started. U.S. toymaker pledges to never to go to China. Letterman: I would’ve “gone to work on Trump.” Some bullets from Fox Business – GM cuts bait from Europe, could exit …
MHProNews has learned that Skyline Corp. has come to terms to sell its Mansfield, Texas manufactured-housing facility to Champion Home Builders. According to the Star-Telegram, under terms of the deal, Champion would pay a $99,000 deposit and then $2,125,000 upon closing, scheduled to occur on or before April 7, according …
Skyline Makes Announcement Regarding Mansfield Facility Read More
As we enter the month our theme is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please check out the Masthead blog on Tuesday …
Noteworthy headlines on – CNNMoney – AT&T agrees to bring 3,000 jobs back to U.S. Snap is worth more than Delta, Target and CBS. Mexican firm faked the building of 100K homes: SEC. A high school made millions from Snap’s IPO. Some bullets from Fox Business – Yellen signals March …
Skyline Up, Manufactured Housing CV, Broader Markets End Week Positive Read More
Skyline Corp. (NYSE: SKY) tells MHProNews that Jeff Newport has been promoted to Chief Operating Officer. Newport previously served as Senior Vice President of Operations, joining Skyline in February 2016. “Jeff has already made a significant impact on our operations and his promotion to Chief Operating Officer is well-earned,” said …
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
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
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
