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
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
“I accept fully responsibility for all unethical sales practices,” Wells Fargo Chairman and CEO John Stumpf said in a prepared statement on Capitol Hill yesterday, testifying before the Senate Banking Committee. As millions have heard, 5,300 workers were fired and the company agreed to pay $185 million in fines to …
Wells Fargo and the CFPB – Who are Feds Working for – Consumers? Business? Itself? Read More
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
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
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
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
This past week has underscored our theme of Superior September 2016 coverage of the news that matters for manufactured housing industry professionals, and all those who follow or are engaged in the factory-built home industry. The articles below will include numerous special reports from respected writers Joe Dyton and RC …
Sunday Morning Weekly Recap – Manufactured Housing Industry News Sept 11 to Sept 18, 2016 Read More
In recent weeks, the Industry Voices guest blog has had more guest columns from manufactured home industry professionals from coast to coast. They have included association as well as business professionals, including many well-known names in the industry. Their topics and comments have been useful in various articles and reports …
Programing – What Manufactured Housing Industry Voices Say… Read More
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
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
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
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
The Controversy – two sides of rent control – are found in what looked to be a political event at an ice cream social. It began when the North Santa Barbara County Manufactured Homeowners Team (NSBMHT) gave congressional, state legislature and city council candidates a chance to talk about their …
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
In a recently reported discussion about affordable housing in Portland, Oregon, four “surprising facts” were raised by OregonMetro’s Craig Bebbe. The panel discussion at the Metro Regional Center shared hopeful signs for preserving and possibly even expanding access for manufactured housing and manufactured home communities in the future. Bebbe called …
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
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
In an update to our reports on the massive flooding in Louisiana and FEMAs response with manufactured housing units (MHUs), WBRZ2 out of Baton Rouge reports on new communities being set up, one in this photo, off Blount Road near the airport. Their report indicates that “dozens” of locations in …
FEMA setting up manufactured homes in Louisiana near airport, says WBRZ2 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
