Uber Flying Taxis, Manufactured Housing Impact – Plus Manufactured Home Industry Market Data, Updates

CNNmoney5.9.2018ManufacturedHomeStocksMarketsReportsMHProNewsIt may not seem at first blush that Uber’s ambitious, announced plans for flying taxis has any connection with manufactured housing.  But those who think that may not have thought about the impact of hyper-loops on manufactured homes either.  That will be our market focus for 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:

 

  • Ford suspends production of F-150 trucks
  • Sturm Ruger shareholders approve a gun violence study
  • Changes at CFPB’s student loan division worry advocates
  • Facebook executive shuffle highlights that men still run its big products
  • Amazon shows off Alexa-filled homes of the future
  • Salem executives pressured radio hosts to cover Trump more positively, emails show
  • Trump administration selects 10 cities to test drones
  • Seattle companies voice opposition to proposed tax to fight homelessness
  • They’re on H-4 visas. They’re afraid they’ll lose their jobs
  • US sanctions deal body blow to Iran’s economy
  • China’s ZTE says main operations have ceased after US ban
  • Venezuela’s once-proud oil industry is collapsing
  • Democratic Senators call for investigation into AT&T’s Michael Cohen payments
  • AT&T confirms it paid Trump lawyer Michael Cohen’s company
  • Higher gas prices could spoil Trump’s tax cuts
  • Iran deal: Who loses as US sanctions return
  • Can Europe keep doing business with Iran?
  • Analysis: What Trump’s Iran decision means for oil and gas prices
  • America’s biggest oilfield is running out of pipeline
  • The big wild card in Trump’s Iran decision
  • ‘Fortnite’ is red hot, but EA and Activision are still thriving
  • Ahead of US midterms, tech companies stumble in Irish abortion vote
  • F-150s could be in short supply after plant fire
  • Walmart revamps global strategy
  • Walmart buys India’s Flipkart
  • Trump’s latest shot at the press corps: ‘Take away credentials?’
  • MSNBC gives ‘verbal warning’ to host Hugh Hewitt over Pruitt meeting
  • NBC internal report: Leadership did not know about Lauer behavior
  • Government asks judge to force AT&T to sell Turner or DirecTV

Selected headlines and bullets from Fox Business:

  • Will California solar mandate burn home buyers?
  • Dow posts five-session winning streak
  • Iran deal exit: Boeing plays down revenue loss
  • Trump lawyer Cohen paid by these companies
  • Crude oil surges on prospect of Iran supply cut
  • Sears partnership with Amazon buoys stock
  • The legacy chain will install tires for customers who buy them on the e-commerce site.
  • Match CEO: Facebook users won’t be ‘comfortable’ using new dating service
  • Ford halts F-150 production, says no impact on 2018 profit
  • Gasoline prices: Will Iran deal exit push them even higher?
  • Trump lawyer payment allegations a matter of ‘optics’ right now: Judge Nap
  • Best Buy unveils new logo
  • Obama legacy just went up in smoke: Sebastian Gorka
  • Papa John’s sales decline after NFL deal ends
  • 21st Century Fox beats revenue outlook, narrowly misses on earnings
  • North Korea policy is disruptive in good way: El-Erian

 

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

S&P 500 2,697.79 +25.87(+0.97%)

Dow 30 24,542.54 +182.33(+0.75%)

Nasdaq 7,339.91 +73.00(+1.00%)

Russell 2000 1,596.05 +9.66(+0.61%)

Crude Oil 71.24 +0.10(+0.14%)

Gold 1,312.50 -0.50(-0.04%)

Silver 16.51 -0.03(-0.18%)

EUR/USD 1.1855 +0.0004(+0.03%)

10-Yr Bond 3.00 +0.04(+1.18%)

 9MarketIndicatorsYahooFinance5.9.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue5.9.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

Uber is releasing new information about Uber Air, an ambitious plan to launch a fleet of autonomous flying taxis in two years,” says CBS News. “Bianna Golodryga gets a first look at the design models that will be on display at Tuesday’s Uber Elevate Summit. She also speaks with Uber CEO Dara Khosrowshahi and Chief Product Officer Jeff Holden.”

Why does this prospect potentially matter to manufactured housing?

As the nation’s population is mostly urban and suburban – and if HUD continues to fail to enforce manufactured housing’s “enhanced preemption” – then modes of transportation that could speed people from exurbs into the metro are promising for manufactured housing growth.

For more details, see our previous report on the hyperloop, linked below.

Can the Hyperloop Benefit Manufactured Housing, Millions of Home Seekers? w/Videos

CBSUberFlightPlanManufacturedHousingIndustryDailyBusinessNewsMHproNews

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).

5.9.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st 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.  Comparisons on traffic compared to MHI, others – linked here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, and endorsements, 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.)

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

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