Daily Stock Reports and News Updates for Manufactured Home, Modular Housing, Factory Built Housing. Fact Checks, Analysis, and Commentary.
These Manufactured Housing Industry News weekly recaps are a mix of headline news and commentary that tees-up each Sunday morning issue. That said, there are some weeks – like this one – where there are so many hot, interesting or newsworthy topics covered that it becomes difficult to decide which …
Sunday Morning Weekly Recap – Manufactured Housing Industry News Sept 4 to Sept 11, 2016 Read More
Cavco Industries, Inc., the nation’s second largest producer of manufactured homes in the United States, recently hit a new 52-week high, when it reached a peak of $109.43. Cavco closed Friday night at 101.17, down after a broader retreat by the markets A possible benefit of a company hitting a …
Milestone: Cavco Industries (CVCO) stock reached new 52-week high 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
On items that CNN Money finds of interest as part of their market reports for the day: Wells Fargo fires 5,300 for creating fake accounts, Hillary Clinton finally holds a press conference and Airbnb is cracking down on discrimination. MarketWatch notes: iPhone 7 fails to impress, but Apple predicts sellout. …
CVCO, NRF slide, Carlyle Group, LPX glide higher, Politics/Economics Mix Read More
County records reflect that Equity LifeStyle Properties (ELS) has purchased 25 acres in Ellenton, next to Ridgewood Estates – a 55+ manufactured home community (MHC) – for $2 million. Equity LifeStyle paid $11.56 million for Ridgewood in 2011, says the Sarasota, FL Herald-Tribune. As MH Community-sector focused professionals know, Equity LifeStyle …
ELS Acquires 25 acres adjacent to existing FL Manufactured Home Community 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
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
Freehold NJ based UMH Properties, Inc. (NYSE: UMH) announced that it has closed on the acquisition of two communities located in Ohio for a total purchase price of $2,954,000. PRNewswire says these two all-age communities contain 165 sites situated on approximately 71 acres. The weighted average occupancy for these communities …
CEO Sam Landy says, UMH Properties Completes Acquisition Of Two Ohio Communities Read More
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
CML News recently took a deep dive into a head-to-head comparison between Memphis, TN-based Mid-America Communities, Inc. (NYSE: MAA) and Southfield, MI-based Sun Communities, Inc. (NYSE: SUI). After a side-by-side comparison of both communities’ revenue growth, earnings, revenue per employee, operating margins, free cash flow and valuation, CML News determined …
Analysis – Mid-America Apartment Communities vs. Sun Communities, Head-to-Head Comparison 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
The S&P 500 snapped its 5 month winning streak today, says CNBC, with the energy sector down. Treasuries also retreated, following the ADP jobs report. A CNNMoney Op-Ed suggests that it is business that must lead the way to global recovery. UMH Properties (UMH) led gainers, in the manufactured housing …
UMH leads, Manufactured Housing CompValue recovers, as broader Stocks close lower Read More
Cavco Industries director Jack Hanna has filed a Form 4, according to a report by StreetInsider, see that as a download, linked here. On August 29, Director William C. Boor disclosed the sale of 2,500 shares sold last May 4th, for an average price of $86.81, states FinanceDaily. Boor’s reported …
Tuesday, 8.30.2016 saw some 194,207 shares Equity Lifestyle Properties, Inc. (NYSE:ELS) trade hands, says the PressTelegraph. But their headline on this date erred in say “stock dropped,” as Yahoo! Finance confirmed the Daily Business News’ Bloomberg supplied ticker’s report that ELS’ stock was up, closing at 77.79, +0.19 (+0.24%). InvestorNewswire …
Quo Vadis ELS? Analysts Look at Hotly-Traded Equity LIfeStyle Properties Stock Read More
The Carlyle Group (CG) is reportedly one of the top 100 largest manufactured home community operators in the U.S.. Its big hedge fund business is said to be heading for the exit, according to SeekingAlpha and Bidness. Investopedia says that, “Carlyle Group (CG) is experiencing a period of both highs …
Bankers are nervous over the UK’s Brexit, says CNBC, and they’re jittery of the fallout of that event. Oil slides, reportedly over the strong dollar, but talk of a potential Clinton administration taxing fossil fuels even more is likely part of the mix. Gold is losing its luster with their …
U.S. stocks are adjusting to an expected Federal Reserve rate hike, MarketWatch reports. CNBC, which was panned for its GOP primary debate moderation in 2015, is now playing the role of cheerleader for Hillary Clinton’s presidential hopes, saying Wall Street expects her to win over Trump in November. Trump ally, …
Manufactured Housing CompValue slips, 3 Markets Rise, but Oil Retreats Read More
Investment management leader, Robert Robotti’s firm acquired 15,865 additional shares in Cavco Industries during the most recent quarter end according to SEC filings, reports TradeCalls. That places the firm’s total stake in the #2 producer of HUD Code manufactured homes at $18,886,291, or about 6.41% of Robotti’s portfolio. Other hedge …
Robert Robotti’s stake in Cavco Industries (CVCO) Grows, Stock hovers at 52 Week High Read More
The brakes are being tapped on stocks, as Fed Chair Janet Yellen has said that the odds of a rate hike have strengthened. Talk of negative rates, as well as two possible rate hikes this year are being floated. Oil, gold, the Dow and S&P 500 have all retreated, while …
Deer Valley Homebuilders Leaps, Dow Dips, MHCV Slips Read More
