Noteworthy headlines on CNNMoney – Widespread outage hits Twitter, Netflix, others. AT&T in talks to buy Time Warner. WSJ seeks “substantial number” of buyouts. Big comeback for McDonalds continues. Some bullets from MarketWatch – The stock market is caught deep inside “no man’s land.” Microsoft’s stock sets record as analysts […]
NorthStar Realty, Skyline Lead, Up on MHCV, Broader Markets Mixed Read More
Clayton Homes announced this week that all 36 of its home building facilities in existence in 2015 have attained International Organization for Standardization (ISO) 14001 registration. The registration means that Clayton has implemented the necessary sustainable-building guidelines required by the ISO. The company achieved the distinction of being the first
Clayton Homes Receives Key ISO Registration Read More
Noteworthy headlines on CNNMoney – Top Fed Official: Big banks ‘eroded’ America’s trust. U.S. to Swiss banks: Please let Americans open accounts. Verizon: We’re ‘still evaluating’ Yahoo deal. About 70 million watch final presidential debate. Some bullets from MarketWatch – Existing-home sales jump higher in September, helped by first-time buyers.
UFPI and UMH buck trend – as MHCV, Broader Markets Down – Oil Hit Hard Read More
As part of their “Election Center” feature, the National Federation of Independent Business (NFIB) has published Who Will You Choose? Presidential Issue Comparison, that analyzes each candidates position on issues that are important to small business. The data is pulled directly from candidates’ plans. NFIB notes that they don’t endorse
NFIB By The Numbers: Trump, Clinton and Small Business Read More
Noteworthy headlines on CNNMoney – Why Elizabeth Warren is working Wall Street (DBN coverage of Warren at Wells Fargo hearings here). Obamacare enrollment projected to grow 9% in 2017. Saudi Arabia borrows $17.5 billion from global investors. Some bullets from MarketWatch – Yellen may be giving the sign to buy
UMH, Drew and Carlyle Gain, Broader Markets Up, Oil Surges Read More
Equity LifeStyle Properties, Inc. (NYSE:ELS) reported Q3 2016 earnings and provided guidance for 2017 via conference call on October 18th. According to baseballnewssouce, ELS reported $0.83 earnings per share (EPS) for the quarter, and revenue of $226.20 million for the quarter, compared to the consensus estimate of $116.42 million. The stock
ELS Reports Q3 2016 Earnings, 2017 Guidance Read More
Nebraska Lieutenant Governor Mike Foley received the “deluxe tour” of Champion Homes manufacturing operations last week, during a meeting that included a first hand look at new features and product lines for 2017, according to the York News Times. Leaders from York’s Chamber of Commerce, Visitors Bureau and City Council
Lt. Governor Meets at Champion Homes Facility Read More
Noteworthy headlines on CNNMoney – Frustration runs deep for ObamaCare customers. Wells Fargo fraud: Bank was warned years ago. Social Security checks get measly $3.92 bump. Some bullets from MarketWatch – SEC fines Ernst & Young for not spotting client’s earnings manipulation. The U.S. economy is getting the wrong kind
NorthStar, UMH & MHCV Index Strong – Oil, Gold and Broader Markets Up Read More
With 20 days left until the U.S. Presidential election, the U.S. Government has apparently arranged to cut Internet access to WikiLeaks founder Julian Assange. USA Today Study While hailing what they dub as the “Trump Effect” for a “marked increase” in Hispanic voter registrations, the facts indicate that Democratic
Hillary & Hispanics, 1.4M Losing Obamacare, Assange’s Internet Cut, WAPO: Election Heating Read More
Noteworthy headlines on CNNMoney – Top Fed official “very concerned” about U.S. economy. U.S. dollar zooms to 7-month high. Is “Trump TV” in the works? Target removes clown masks from stores. Some bullets from MarketWatch – Visa shares decline as CEO Scharf resigns. IBM earnings, revenue beat expectations. Big day
NorthStar’s Big Day, MHCV/Broader Markets Down – Top Fed Concerned Read More
Patrick Industries, Inc. (NASDAQ:PATK), one of the leaders in supplying the manufactured housing, RV and industrial markets, has announced that it expects to release its Q3 2016 financial results prior to the market open on October 27th. As Daily Business News readers are already aware, Patrick has been in the
Patrick Industries Previews Q3 2016 Earnings Call, Webcast Read More
Zacks Investment Research cut shares of Affiliated Managers Group Inc. (NYSE:AMG) from “buy” to “hold” in a research note published on October 12th, in reports covered by The Cerbat Gem and Breaking Finance News. “Affiliated Managers has a positive record of earnings surprises in the recent quarters. Also, the estimates
Affiliated Managers Group (AMG) Downgraded Read More
Continuing the celebration of our 7th year of uninterrupted factory-crafted housing trade media publishing, we began the month with this thought-provoking theme: Obstacles and Opportunities in Affordable Housing – October 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home
One of the hottest issues in the manufactured housing (MH) industry for the past 5 years has been: the so-called Dodd-Frank “reform act,” efforts by the MH industry to modify regulations imposed by the Consumer Financial Protection Bureau (CFPB), noting that the CFPB was “birthed” by Dodd-Frank. Last week, the
Skyline Corporation (NYSE:SKY), one of the larger and oldest independent producers of HUD Code manufactured homes, announced its results for Quarter 1 2017 this week. The company reported net sales from continuing operations of $61,176,000, states their official report. That includes an increase of approximately 26% over net sales of
Skyline Announces Q1 2017 Results Read More
Noteworthy headlines on CNNMoney – FAA banning Galaxy Note 7 from all flights. John Kasich bans Wells Fargo from Ohio deals. Wells Fargo new account openings plunge. American Dream: Rich are fearful for its survival. Some bullets from MarketWatch – The stock market is turning into a sloppy, ugly mess—and it
Big Day for Skyline, Louisiana-Pacific – MHCV, Broader Markets Up On Banks News Read More
In a new report released by CPA firm Novogradac & Company LLP, the firm talks with affordable housing industry experts about the impact of the Tax Reform Act of 1986, the Low Income Housing Tax Credit (LIHTC), and what affordable housing may look like in 30 years. LIHTC industry experts
Novogradac’s Report – Affordable Housing 2046 – Does MH Hold The Key? Read More
Noteworthy headlines on CNNMoney –Wells Fargo CEO walks out with $130 million. Detroit residents are drowning in debt. Why Clinton might lose Ohio. Verizon says Yahoo’s massive breach could impact deal. Some bullets from MarketWatch – Wells Fargo earnings: what to expected as embattled CEO steps down. Why so few Americans
ELS, SUN Up – Manufactured Housing Composite & Broader Markets Down Read More
Apple’s latest update – iOS10 – produces a screen view shown in the photo at the left that features a news widget with headlines that users did not request. A call to Apple’s support line was connected to a technical service representative, who was asked how these particular news sources
Is Apple iPhone latest News Update an Effort to Influence 2016 Election? Read More
Noteworthy headlines on CNNMoney –Fed eyes raising rates “relatively soon.” Samsung sending safety gloves to Note 7 users. Ex-Wells Fargo worker: denied bathroom breaks. Clinton’s tax plan might raise less money than expected. Some bullets from MarketWatch – Why China’s banks may eventually need a $2 trillion capital infusion. Fed held
MHCV Bounces Back Strong, SUI and ELS Lead – Outpaces Broader Markets Read More
