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
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
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
Booms in West Texas, North Dakota and the Marcellus regions due to oil and gas drilling may have tamped down for a time, but one (or more) of those may be bubbling back up. Shale Directories (SD) notes that, “Yes, $6.7 Billion in Spending Is Coming.” SD reports: multi-billion-dollar pipeline projects – …
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
While millions watched the drama unfold on TV, residents throughout the state of Louisiana were dealing with historic rains and floods that would drastically impact their lives. Steve Duke, Louisiana Manufactured Housing Association (LMHA) Executive Director described it as an event of biblical proportions – “I was looking for the …
One Month Later… What’s Happening in Louisiana’s Post Flood Recovery? Read More
Elkhart, IN based Patrick Industries (NASDAQ: PATK), a provider, supplier and producer for manufactured housing, RVs and other industries, received the 2016 Indiana Public Company of the Year award at a banquet at the INVSESTIndiana Equity Conference in Indianapolis. Companies that were nominated were evaluated on their assets, revenue growth, …
CFO Josh Boone accepts award for Patrick Industries 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
Businesses from coast to coast – including manufactured housing industry professionals – are keenly awaiting the outcome of the 2016 campaign. What was once considered a likely shift of the U.S. Senate from the GOP back to Democratic control now looks questionable, if recent public opinion polling holds. The House …
Hillary Clinton’s Abe Lincoln Moment? Mo-Trump; POTUS 2016 News & Analysis 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
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
COAP, Inc. recently joined the SmartMH KY™ program, a strategic alliance of the manufactured housing industry producers, lenders, retailers, utilities, non-profits and stakeholders who’ve made it their mission to make ENERGY STAR™ homes more accessible via better loans throughout Kentucky, the Harlan Daily Enterprise reports. COAP’s mission, per their website, …
A recent study done by the financial publication 24/7 Wall St. ranked the nations’ top 50 metro areas based on the percentage at which their jobs increased over the past four years. The Elkhart-Goshen area was ranked 10th nationwide and first in Indiana when it comes to job creation over …
Study: Michiana areas top job creators; Manufactured Housing helps leading the way 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
“Written comments submitted by two highly-respected independent organizations regarding the U.S. Department of Energy’s (DOE) proposed manufactured housing “energy” rule — specifically citing the Manufactured Housing Association for Regulatory Reform (MHARR) — echo and confirm the vigorous objections to that proposed rule set out by the Association in its own …
MHARR gets Third Party backup on Controversial, Proposed DOE Rule for Manufactured Homes Read More
