Regular readers please note there is a tweak of our standard tweaks. Read carefully as some changes of the ‘standard text’ that follows before our left-right headlines and also in other features near the end of tonight’s reports.
Every evening our headlines that follow provide snapshots from two major media outlets on each side of the left-right news spectrum that reflect topics that influence or move investor sentiment. In moments on this business evening report, you can get ‘insights-at-a-glance.’
This report also sets the broader context for manufactured housing markets, in keeping with our mantra, “News through the lens of manufactured homes and factory-built housing” ©.
We begin with headlines left-of-center CNN followed by right-of-center Fox Business. We share closing tickers and other related data courtesy of Yahoo Finance, and more. 5 to 10 minutes reading this MHProNews market report every business night could save you 30 minutes to an hour of similar reading or fact-gathering elsewhere.
Perhaps more important, you will get insights about the industry from experts that care, but also dare to challenge the routine narrative that arguably keeps manufactured housing underperforming during an affordable housing crisis.
Headlines from left-of-center CNN Business.
- Haunted by scandal – Wells Fargo
- Wells Fargo takes $1.6 billion hit linked to the fake-account scam that surfaced three years ago
- Volkswagen pauses a $1.4 billion investment in Turkey over its Syria invasion
- Consumers are still spending, says Jamie Dimon. That’s good news for JPMorgan Chase
- IMF sees weaker global economic recovery. US growth pegged at 2.1% in 2020
- Google unveils the new Pixel 4 smartphone
- AMC Theatres enters the streaming market with on demand service
- It’s 2019 and just one in five C-suite executives is a woman
- Gymboree is being revived in early 2020
- Monday was supposed to be a big day for Facebook’s Libra. Instead, it lost another partner
- Opinion: These are the problems e-bikes and scooters must overcome
- Chipotle will cover tuition for these degrees
- How to tell a colleague you hate their idea without crushing their spirit
- Dow pops 250 points on blockbuster earnings
- WeWork shuts 2,300 office phone booths over health scare
- Fortnite is back online with a new chapter after two-day hiatus
- Gymboree is being revived in early 2020
- Target is helping to revive the Toys ‘R’ Us brand online
- Inside the quest to save GE
- The McRib is back
- Pizza Hut is making a comeback
- THE NEW WORK ECONOMY – An empty Target shopping cart is seen in a parking lot outside the store in Westbury, New York, U.S., November 24, 2017.
- They got a raise. Then their hours were cut
- Is fake meat really good for farmers?
- These jobs are the future of auto making
- This CEO raised the minimum salary of his employees to $70k. Now he’s doing it again
- Where tomorrow’s graduates want to work
Headlines from right-of-center Fox Business.
- Dow reclaims level last reached in Sept. as JPMorgan, UnitedHealth power gains
- 2020 CAMPAIGN – Democratic rivals targeting Elizabeth Warren over this key issue
- Banker sentenced for savagely killing sick wife after she mocked his manhood
- Nike’s billion-dollar reason for keeping quiet on NBA’s China spat
- China and US more in sync on trade deal than originally thought
- Felicity Huffman reports to cushy prison for her role in cheating scandal
- Airline allowed man to fly wearing shirt ‘threatening passengers’ lives’: report
- Taco Bell recalls 2.3 million pounds of beef after customer makes scary find
- NBC facing fresh criticism over anchor’s ouster amid new Matt Lauer claims
- Yahoo may owe your money — here’s how to claim your cash
- Investment giant reviewing ties to Ken Fisher after sexually charged speech
- Elon Musk’s Tesla somehow survives the electric car apocalypse
- Stop doing these 4 things online — Immediately
- This bank may be on the brink of death
- Inside Elaine’s domain: ‘Seinfeld’ character’s townhouse hits the market
- Justin Bieber on the cutting edge of this real estate trend
- Here’s a rundown of the new products Google just unveiled
- WATCH: Maria Bartiromo’s advice to women in the workplace
- Inside GM CEO’s involvement in negotiations with UAW amid strike
- America’s oldest brewery keeps beer-making a family tradition
- LeBron James takes China’s side in the NBA feud
- Rudy Giuliani says he was paid $500,000 in consultation fees by indicted associate’s firm
- New Walmart service will put groceries in your house when you’re not home
- Fed’s Bullard warns of a coming recession and explains how he’d handle it
- Tiger Woods promises that new memoir will be the ‘definitive story’
- AMC Theatres enters the streaming wars with guns blazing
- Medicare open enrollment deadline is Dec. 7
- Woody from ‘Toy Story’ reminds Sean Spicer he has a friend in the White House
- Trade war flashes an ominous warning sign in global economy, IMF says
- Tom Brady says he won’t try to entice Rob Gronkowski to make Patriots comeback
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Tonight’s Business/Market/Political Impact Spotlight –
Senator Bernie Sanders is in the view of certain pundits all but out after his heart attack. But Bernie isn’t counting himself out. He’s politely gone after rival Elizabeth Warren by saying she is a fine senator, but she says of herself that she’s a capitalist. Sanders flatly says he is not a capitalist. That’s a topic for those concerned about the rise of socialism to watch tonight.
Senator Warren has been ducking on the cost of her ‘Medicare for All’ plan. Now that some polls show her in the lead over Obama-era VP Joe Biden, will someone press her on who is paying for the plan? At least Sanders admitted that the middle class will be picking up part of the tab. Will Warren keep ducking on that? Or will her honesty in storytelling be mentioned? Time will tell.
Perhaps on part to the Sanders heart attack, another significant development is that Biden and his son Hunter have been on the defensive about sweetheart deals in the Ukraine and China that look like pay to play rewards.
ABC News’ video interview with Hunter Biden revealed some interesting statements.
Among them?
Hunter said he “did nothing wrong at all.” But then he admits that “I think it was poor judgment on my part” to become involved in overseas ventures in Ukraine and China. Those statements are not easily compatible.
Further, when he was asked if he would have gotten a lucrative board position at the Ukraine natural gas company Burisma if his last name was not Biden, the 49-year-old Hunter admitted, “probably not.”
It may take weeks or even a few months, but mark your calendar. VP Biden is done. We said so when he announced that he would not likely cross the 2020 Democratic hopeful finish line, and stand by that assessment.
Here is an update on Michael Bloomberg.
MHProNews will plan a report on the debate highlights.
Related Reports:
As Democratic Presidential Hopeful Field Leaders Are Fraying… Hillary 2020?
Manufactured Housing Industry Investments Connected Closing Equities Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
-
-
-
- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender.
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
-
-
Updated for Fall 2019…
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 each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses.
For insights from third-parties and clients about our publisher, click here.
· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
Disclosure. MHProNews holds no positions in the stocks in this report.
(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)
Submitted by Soheyla Kovach, co-managing member of LifeStyle Factory Homes, LLC and co-founder for MHProNews.com, and MHLivingNews.com.
