On a down day on Wall Street, a big part of the buzz has been the Department of Justice’s (DOJ) legal action that began in the waning days of the Obama Administration.  That case is now done, and AT&T has won a clear victory. The judge urged no appeal, but that doesn’t keep the Feds from taking another bite at the apple.  The ruling could have widespread consequences, say experts, and that will be our focus tonight.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

• Comcast bids $65 billion for most of 21st Century Fox
• Here’s the new AT&T
• Trump blasts OPEC again for high oil prices
• Inside the dismantling of GE
• GE changed our lives. Why is it struggling?
• A World Cup in the United States is a huge win for Fox
• Top conservative media personality turns on EPA chief Scott Pruitt: He’s ‘gotta go’
• This concrete can trap CO2 emissions forever
• GM will soon have a female CFO and CEO. That’s rare
• Jeff Bewkes’ legacy: The rise of HBO and a successful sale of Time Warner
• Here’s one way to pick a winning stock
• Germany fines Volkswagen $1.2 billion over diesel scandal
• Bond king Jeff Gundlach sounds alarm on America’s ‘exploding’ debt
• H&R Block closing 400 locations and lowers outlook
• The war over Fox could officially kick off today
• Brexit could make Britain’s car industry ‘extinct’
• Is your bitcoin investment safe?
• Bitcoin prices have been manipulated, study says
• ZTE stock plummets more than 40% after crippling US ban
• WPP survives investor revolt over former CEO payout
• After meeting with North Korean dictator, Trump calls press America’s ‘biggest enemy’
• As Medicaid costs soar, these states are trying a new approach
• The 10 biggest tax breaks for individuals
• Do I really need a financial adviser?
• Tesla cuts 9% of staff

Selected headlines and bullets from Fox Business:

• Comcast makes $65B bid for 21st Century Fox assets, nudging out Disney
• Will the DOJ appeal AT&T’s $85B Time Warner deal approval?
• Dow loses 120 points as Fed increases rates, looks for additional hike in 2018
• Jerome Powell, Fed chair, discusses interest rate hike
• White House watching Senate bill that could jeopardize ZTE deal ‘very closely’
• Fed raises interest rates again[overlay type]THE FED
• Fed raises interest rates again
• As expected, policymakers at the central bank hiked short-term interest rates.
• Most millennials expect to retire at age 56
• Whole Foods CEO describes ‘clashes with Amazon’ in leaked audio recording
• Credit service Intuit addresses refusal to process gun purchases
• Trudeau cabinet member prepared to end Trump trade spat
• Fed rate hike bad news for consumers as housing crisis persists
• Etihad Airways in talks to cancel, defer Boeing 777X orders: Sources
• Volkswagen fined $1.18B for diesel emissions cheating
• Guess Chairman Paul Marciano resigns after probe into improper conduct
• Seattle can’t ‘scare the golden goose’ after head tax repeal
• Investors can make a fortune in North Korea, Jim Rogers says
• World Cup 2018 prize money: Here’s what each team will earn
• Fed raises interest rates again

 

Today’s markets and stocks, at the closing bell…

 

Manufactured Housing Composite Value (MHCV)

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

CFRA Research senior analyst Tuna Amobi and attorney Leeza Garber on the impact of the AT&T-Time Warner deal on the media industry.

CNBC’s three top bullets reports about the Comcast offer for Fox as follows.

• Comcast, the parent of CNBC, offered Fox shareholders $35 a share in cash and 100 percent of the shares of the company left behind after the deal.
• The deal is a 19 percent premium to the value of Disney’s offer as of noon on Wednesday.
• The announcement comes one day after a federal judge cleared the way for AT&T’s megadeal for Time Warner, a decision that is expected to unleash a wave of big mergers.

 

“21st Century Fox is the legal successor to News Corporation dealing primarily in the film and television industries. … The company’s assets include the FoxEntertainment Group—owners of the 20th Century Fox film studio (the company’s partial namesake), Fox television network and Fox News channel, among other assets,” said Wikipedia.

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

“We Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.