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Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.

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Strong Finish For The Markets – Sky Corp. Has Big Day – Wells Fargo Illegally Seized Soldier’s Car China Cutting Off Cash To Venezuela – Does Deutsche Bank Need A Bailout?

By / September 30, 2016 / Affordable Housing, Announcements, Association, Business, Communities, Company News, Development, Economy, Election, Events, Factory-Built Homes, Favorable media coverage, Finance, Green, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Homes, Manufactured Housing Industry, mobile home, Modular, Modular and PreFab Housing Industry, People, Politics, regulation, Small Business, Stocks, tiny house, Trade Shows, Trends, Zoning

Noteworthy headlines on CNNMoney – FUBU CEO Stop and Frisked “Maybe 20 Times. U.S.: Wells Fargo Mistreated Military Members. WSJ Columnist Calls Trump “Unstable.” Why The Federal Reserve Isn’t Political. From WSJ: Ghost of Lehman Brothers Haunts Deutsche Bank. Some bullets from MarketWatch – ‘Housing party’ in the U.S. may be coming …

Strong Finish For The Markets – Sky Corp. Has Big Day – Wells Fargo Illegally Seized Soldier’s Car China Cutting Off Cash To Venezuela – Does Deutsche Bank Need A Bailout? Read More

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Equity LifeStyle Properties Investor Management Fund, Dividend Updates

By / September 29, 2016 / Business, Communities, Company News, Economy, Manufactured and Modular Housing News, Manufactured Homes, Modular, Stocks

Equity Lifestyle Properties, Inc. (NYSE:ELS) is expected to pay a $0.43 dividend on Oct 14, 2016. ELS shareholders owning stock before Sep 28, 2016 will be eligible to receive the payout. Based on Equity Lifestyle Properties, Inc.’s current price of $79.70, the dividend is 0.53%. The indicated annual dividend is …

Equity LifeStyle Properties Investor Management Fund, Dividend Updates Read More

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Patrick Industries, Drew Industries Announce Executive Moves

By / September 28, 2016 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular, Stocks

Patrick Industries (NASDAQ: PATK) and Drew Industries (NYSE: DW)  – both based in Elkhart, Indiana- made executive level moves today. Patrick announced, effective immediately, Jeffrey M. Rodino, Executive Vice President of Sales and Chief Operating Officer, assumes the newly created position of Executive Vice President of Sales and Chief Sales …

Patrick Industries, Drew Industries Announce Executive Moves Read More

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Skyline Corporation Hits 52-Week High. Is Near-Term Analysis Positive?

By / September 30, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Housing Industry, People, Stocks, Trends

The stock of Skyline Corporation (NYSE: SKY) hit a 52-week high of $12.72 last week, according to a recent report from BarChart. While the stock price has had its ups and downs throughout 2016, Skyline executives have kept a positive tone and goal-oriented approach, which has clearly paid off.  Their …

Skyline Corporation Hits 52-Week High. Is Near-Term Analysis Positive? Read More

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Cavco, Sun’s Run, Manufactured Home CV rises – other U.S. Markets slip – Market’s await Presidential Debate, Brexit Noise

By / September 27, 2016 / Business, Communities, Company News, Economy, Election, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Housing Industry, Politics, Stocks

Noteworthy headlines on CNNMoney – Wells Fargo workers say fraud began years ago. PA Donald Trump win could tank stocks (ya think CNN is pro-Clinton? ;-). U.S. Companies consider relocating over Brexit. Some bullets from MarketWatch –  Stocks retreat as Clinton-Trump debate looms. Gold edges higher as focus turns to debate. Deutsche …

Cavco, Sun’s Run, Manufactured Home CV rises – other U.S. Markets slip – Market’s await Presidential Debate, Brexit Noise Read More

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Patrick and Drew Up, Record High-NASDAQ, Dow Climb Continues

By / September 22, 2016 / Business, Canada, Communities, Company News, Manufactured Home Communities, Manufactured Housing Industry, Stocks

Noteworthy headlines on CNNMoney: Massive crackdown on global mail fraud empire. Warren wants Wells Fargo firings investigated. Tesla files suit to open store in Michigan. Some bullets from MarketWatch – Yahoo hacked, 500M users information exposed. U.S. existing home sales stumble in August. Nasdaq hits record high. Gold up 3 …

Patrick and Drew Up, Record High-NASDAQ, Dow Climb Continues Read More

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Trent Williams loves UFPI – Zacks says Hold on! – plus Insider Trades…

By / September 22, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Housing Industry, Politics, Stocks

Universal Forest Products, Inc. (UFPI) was recently listed as one of four homebuilder stocks to buy, according to Zacks Equity Research. This month, the National Association of Home Builders and Wells Fargo said the builder sentiment increased to 65 from a reported 59 in August. September’s 65 sentiment rating is …

Trent Williams loves UFPI – Zacks says Hold on! – plus Insider Trades… Read More

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Big Day for UFPI, ELS – MHCV rises; No Fed Rate Hike, Dow Jumps too

By / September 21, 2016 / Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Manufactured Home Communities, Manufactured Housing Industry, Stocks

Noteworthy headlines on CNNMoney: Janet Yellen fires back at Donald Trump – the Fed is not political! Does Warren Buffet have a new favorite bank? No rate hike from the Fed, dials back forecast. Star investor charged with insider trading. Some bullets from MarketWatch –  Apple reportedly in talks to …

Big Day for UFPI, ELS – MHCV rises; No Fed Rate Hike, Dow Jumps too Read More

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Scotiabank ups Killam Properties Price Target to C$13.25

By / September 20, 2016 / Affordable Housing, Business, Canada, Communities, Company News, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Housing Industry, Stocks

According to the Daily Quint, analysts at Scotiabank has increased the price target for Killam Properties Inc. (TSE:KMP.UN) from C$13.00 to C$13.25 in a research note issued on Friday. The firm currently has a “Sector Perform” rating on the stock. In addition to Scotiabank, other research firms have commented on …

Scotiabank ups Killam Properties Price Target to C$13.25 Read More

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Cavco and Third Ave and US Markets Rise, but MHCV falls

By / September 20, 2016 / Affordable Housing, Business, Canada, Communities, Company News, Economy, Election, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Housing Industry, Stocks

MarketWatch’s bullets for today include: Stocks end flat ahead of Fed, BOJ decisions. Sen. Warren calls Wells Fargo CEO Stumpf ‘gutless’ for not resigning over scandal. George H.W. Bush will vote for Hillary Clinton, says report. CNNMoney’s bullet headlines for today include: Bubble or bargain? Tech stocks surge like late …

Cavco and Third Ave and US Markets Rise, but MHCV falls Read More

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Another International Company Buying into U.S. Manufactured Home Communities

By / September 20, 2016 / Business, Communities, Company News, Manufactured Home Communities, Stocks

Following the lead reported in the Daily Business News of several large investors – including a huge international move in the MHC sector – Shinko Asset Management Co. Ltd. increased its position in Sun Communities Inc. (NYSE:SUI) by 14,305.3% during the second quarter, according to Shinko’s most recent 13F filing with …

Another International Company Buying into U.S. Manufactured Home Communities Read More

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Cavco, Third Ave slide while UFPI, Sun & UMH lead gainers

By / September 19, 2016 / Business, Canada, Communities, Company News, Economy, Manufactured Home Communities, Manufactured Housing Industry, Stocks

MarketWatch’s bullets and headlines for today include: More gas-price spikes on tap for southeastern states with pipeline shut. Central banks are buying lots of gold, so what do they know? A surprise Fed interest-rate hike this week can’t be ruled out. By this measure, China’s banking sector could implode within …

Cavco, Third Ave slide while UFPI, Sun & UMH lead gainers Read More

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UMH Properties Upscale MHC Clubhouse, Centerpiece for Upcoming Sales Center Grand Opening

By / September 15, 2016 / Affordable Housing, Announcements, Communities, Company News, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Housing Industry, Stocks

UMH Properties Inc. (NYSE:UMH) announced the grand opening of the Woods Edge Sales Center, located near the back entrance of their manufactured home community in West Lafayette, Indiana.  Woods Edge was acquired by UMH Properties in October of 2015, and the grand opening will be on Oct 1, 2016, per …

UMH Properties Upscale MHC Clubhouse, Centerpiece for Upcoming Sales Center Grand Opening Read More

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Manufactured Housing Composite Value rises, as do all 3 major indexes

By / September 15, 2016 / Business, Canada, Communities, Company News, Economy, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Homes, Manufactured Housing Industry, Stocks

MarketWatch bullets for the day include: Sensitive data again leaked out of the Fed early. Hello self-driving cars, goodbye 4.1 million jobs? Apple’s stock lead with their strong iPhone 7 release. And MarketWatch likes Clinton’s plan less than Trump’s. Oil was down, while gold rose a smidge.  At the closing …

Manufactured Housing Composite Value rises, as do all 3 major indexes Read More

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Manufactured Home Builder Nobility Homes Announces Sales, Earnings for Q3 2016

By / September 15, 2016 / Affordable Housing, Business, Company News, Manufactured and Modular Housing News, Manufactured Housing Industry, Stocks

Ocala, Florida based Nobility Homes, Inc. (OTCQX: NOBH) announced key results and financial highlights for their 3rd fiscal quarter, which ended on July 30, 2016. “The demand for affordable manufactured housing in Florida and the U.S. is improving,” said Terry Trexler, president of Nobility, per MarketWired. “According to the Florida …

Manufactured Home Builder Nobility Homes Announces Sales, Earnings for Q3 2016 Read More

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Patrick Rebounds, Carlyle, and MHCV does too – broader markets mixed

By / September 14, 2016 / Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Housing Industry, Stocks

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

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Citigroup Inc., other investment managers, sound off on Sun Communities Inc. (SUI)

By / September 14, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Homes, Manufactured Housing Industry, People, Stocks

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

Killam and Deer Valley hold; Broader Markets, MHCV and other Track Stocks Tumble

By / September 13, 2016 / Affordable Housing, Business, Company News, Economy, Manufactured Home Communities, Manufactured Housing Industry, Stocks

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

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AMG, Sun Shine; Killam, Third Ave slide, 3 Major Indexes Rebound

By / September 12, 2016 / Affordable Housing, Business, Canada, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Home Communities, Manufactured Housing Industry, Stocks

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

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Skyline Corporation – Management Fund’s Major Move – Manufactured Housing Market Watch

By / September 12, 2016 / Affordable Housing, Business, Canada, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Manufactured Housing Industry, Modular and PreFab Housing Industry, Stocks

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

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