On a day when the markets are generally rebounding, a brief look at the Villages should prove of interest to industry investors and researchers. That will be in our featured focus segment, which follows our left-right media headline recap plus
Every Business Nightly – Headline and Graphical Insights-at-a-Glance.
Every weekday night that the stock markets are open, we provide headlines from left-of-center CNN followed by right-of-center Fox Business. It is sometimes surprising how much 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 spun by some that arguably keeps manufactured housing underperforming during an affordable housing crisis.
Headlines from left-of-center CNN Business
- UPS drivers tell all
- ‘We’re getting flat out hammered right now,’ working during the pandemic
- Trump orders Chevron to halt oil production in Venezuela
- How negative oil prices could set the stage for the next price boom
- LIVE UPDATES Stocks rally as crude attempts a comeback
- United’s unusual plan to sell $1 billion of stock
- Delta reports its first loss in five years as coronavirus ravages airlines
- Victoria’s Secret deal to go private hits a roadblock
- She paid $68,000 to do an MBA at Cambridge. Now she’s studying via Zoom in India
- Opinion: Hospitals were struggling before the pandemic. Now they face financial disaster
- ‘We did everything right.’ Small businesses left in limbo waiting for government loans
- Fox News falls out of love with hydroxychloroquine
- WFH burnout is real. How to avoid it.
- These folks have always worked from home full-time. Here’s what they say you should know
- Bashir Mohamed, who was an employee at Amazon’s Shakopee facility in Minnesota, was fired earlier this month.
- Fear and a firing inside an Amazon warehouse
- PASADENA, CA – JANUARY 18: Director Abigail Disney speaks onstage during INDEPENDENT LENS & “The Armor of Light;” panel as part of the PBS portion of the 2016 Television Critics Association Winter Press Tour at Langham Hotel on January 18, 2016 in Pasadena, California.
- Abigail Disney speaks out on Disney furloughs: ‘What the actual f—‘?
- A Tyson Fresh Meats plant stands in Waterloo, Iowa, date not known. On Friday, April 17, 2020, more than a dozen Iowa elected officials asked Tyson to close the pork processing plant because of the spread of the coronavirus among its workforce of nearly 3,000 people.
- Tyson will close its biggest pork plant after workers get coronavirus
- MARKETS
- GROUNDED
- An empty delta ticket counter is shown at Salt Lake City International Airport Tuesday, April 7, 2020, in Salt Lake City. Airlines are suffering significantly as governments around the world urge people to stay at home to slow the spread of the coronavirus. The number of travelers screened last Thursday at U.S. airports was down 95% from the same day last year. Airlines such as Delta, American, United, Southwest and JetBlue have said they are applying for their share of $25 billion in federal grants designed to cover airline payrolls for the next six months.
- Delta reports its first loss in 5 years as coronavirus ravages airlines
- Boeing won’t be returning to ‘normal’ anytime soon
- Virgin Australia collapses
- United says demand for travel is ‘essentially zero’
- This is another 9/11 for online travel companies
- AROUND THE WORLD
- A garments factory is seen empty during government imposed shutdown as a preventative measure against the COVID-19 coronavirus, in Dhaka on April 6, 2020.
- Garment workers face ruin as brands ditch clothing contracts amid pandemic
- Facebook invests $5.7B in Indian Internet giant
- Starbucks in China add plant-based meat to the menu
- Nearly 60 million jobs across Europe are at risk
- Farmers are chartering planes to bring in workers
Headlines from right-of-center Fox Business
- DEVELOPING
- MARKETS
- Dow climbs 456 points as oil stabilizes and small business funding nears
- The relief package, aimed at replenishing funds for small businesses, is expected to pass a House vote on Thursday.
- Oil spikes after Trump threatens action against Iranian gunboats
- Harvard is the richest university in America – why did it receive $9M in taxpayer aid?
- When next wave of government loans could get to small businesses
- Mnuchin: ‘Questionable’ if all businesses that got relief loans really qualified
- 7-Eleven opens first hospital pop-up store
- The four key threats to America’s food supply chain
- The best ways to save for retirement in the middle of a pandemic
- Senior FOX Corp. staff to forego, take reduced salaries: CEO Lachlan Murdoch
- Market braces for negative oil prices to drag on
- Amid pandemic, homebrewing surges in popularity
- Victoria’s Secret deal could slip through as buyer seeks to back out
- David Beckham buys Miami condo in striking new skyscraper
- Companies censoring, shutting down anti-quarantine events as protests rage
- Coronavirus run on toilet paper fuels Kimberly-Clark sales boom
- OSHA is ‘AWOL’ on protecting workers from coronavirus: AFL-CIO pres
- Coronavirus outbreak forces largest US pork plant to suspend operations
- Government must prioritize coronavirus relief for small businesses: Carly Fiorina
- Social Security shortfall: Bleak funding outlook even worse now
- Yankees’ president issues warning about empty stadiums for entire season
- Starbucks assists Operation Gratitude send care packages to front line heroes
- Grocery giant commits $50M to coronavirus hunger relief program
- Work from home employees can now fight back against ‘zoombombers’
- Town using drones to monitor for residents displaying virus symptoms
- SpaceX CEO Elon Musk to launch another Starlink satellite into space
- FDA grants approval for new drug to treat aggressive breast cancer
- Ocean Spray Cranberries recalls Pink Lite Cranberry Juice drink
- Protesters drive through Virginia capital as lockdown demonstrations rage on
- Lockheed Martin hiring thousands while monitoring coronavirus supply chain disruptions: CEO
- Golf courses, theaters and more: Inside one of the largest US retirement communities
- Officials say Californians died of virus weeks before first US death reported
- Rob Gronkowski only wanted to play with Tom Brady again, agent suggests
- PG&E CEO Bill Johnson stepping down in June
- Not a ‘W’: Global CEOs predict what market’s return will look like
- Varney: Trillion-dollar coronavirus rescue packages are not sustainable
- China calls coronavirus lawsuit brought by US state ‘very absurd’
- Netflix to raise $1B to fund original content
- Former Reagan official: Revive Cold War-era program to keep China from benefiting from coronavirus
- Supplies you should have on hand to survive coronavirus quarantine
- Coronavirus antibody tests a ‘disaster,’ Roche CEO says
- ‘Truly unprecedented’: How much money Delta has lost as pandemic grounds travel
- How will oil plunge impact how much I pay for gas?
- Senate OKs $483B virus stimulus, sends to House: Where relief will go
- SEE IT: Firm proposes new airplane seating layout in response to virus
- Some who lost jobs during pandemic may actually be making more money now
- Video shows thief stole Van Gogh painting with sledgehammer
- Trump to Chevron: ‘Wind down’ oil fields in Venezuela
- Can companies be liable for coronavirus when employees return to work?
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus – Where Business, Politics and Investing Can Meet
President Trump tweeted his praise of The Villages on Monday 4.20.2020 and how the Florida retirement community has handled the coronavirus pandemic.
“Congratulations to all of my many friends at The Villages in Florida on having done so well, and with such great spirit, during these rather unusual times,” President Donald J. Trump tweeted. “So proud of everyone!”
The full text of the tweet is as follows.
Congratulations to all of my many friends at The Villages in Florida on having done so well, and with such great spirit, during these rather unusual times. So proud of everyone! Mark Morse & Gary Lester have really stepped up to the plate. Hope to see everyone soon.
It will be interesting to see how others in MHVille treat this bit of potentially positive media coverage.
The Villages — for people 55 years old and up — is one of the largest retirement communities in the U.S., according to The Wall Street Journal (WSJ).
Located about an hour north of Orlando, The Villages has about 60,000 households and 128,000 residents, The Journal and Fox Business reported. The WSJ said that at least 71 residents have tested positive for COVID-19, though that number is likely higher.
“There is clearly an opportunity for it to take off and cause problems,” Glenn Morris, director of the University of Florida Emerging Pathogens Institute told The Journal. “At least right at the moment, things appear stable.”
Per Fox Business on 4.22.2020, here are some bullets about The Villages.
- The community is made up of 12 districts with smaller villages that have amenities including restaurants, shops, golf courses and other recreation.
- Some of those amenities — within the 32-square-mile property of the community — include 12 Championship golf courses and 35 executive courses as well as three local libraries, three movie theaters and three “uniquely themed town squares” — much like a downtown, according to the FAQ page.
- The Villages also has its own hospital and a public safety department with an EMT and fire department.
- According to the website, living costs are estimated to be about $1,010 per month, based on a $250,000 home with a home exemption of about $993.
- Those living costs cover the average payments for water, sewer, gas and electric, trash collection, basic cable, insurance and average taxes, as well as a community amenity fee and Development District Assessment.
- However, monthly costs vary based on the size of a home, the community website said. The Villages offers a variety of homes and villas.
- The median household income in The Villages from 2014 to 2018 was $61,533, according to the U.S. Census Bureau.
As MHProNews previously report, President Trump visited the Villages in October 2019 to discuss an executive order relative to Medicare.
As MHLivingNews has previously reported, President Trump, First Lady Melania Trump, Vice President Mike Pence and other GOP party members visited another manufactured home land-lease community. See that report linked below. It is worth mentioning that while Democratic candidates have visited manufactured home communities, it was to spotlight a problem that fit a campaign issue. No doubt President Trump’s visits have had a campaign quality too, but in contrast, the 45th president has uplifted the residents of the community toured.
Shifting gears…
ICYMI:
In just 2 days there have been over 7000 hits on the ‘big debate’ with a present and former MHI member. That total dwarfs what other publishers in MHVille might see as views of one of their articles in several months.
See more on that big debate via the link below.
| # Rank | Hits | Date | URL, Web address or “Referrer Path” | |||||||||||
| #21 | 7110 | 4.22. 2020 |
https://www.manufacturedhomepronews.com/debate-current-former-manufactured-housing-institute-members-battle-over-clayton-homes-mhi-other-key-member-activities-and-industry-performance/ | ||||||||||
Related Reports:
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.
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- 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).
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Spring 2020…
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.
Enjoy these ‘blast from the past’ comments.
MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our tenth anniversary and is in year 11 of publishing.
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.https://www.manufacturedhomepronews.com/celebrating-10-years-of-goal-and-solution-oriented-manufactured-home-industry-innovation-information-and-inspiration-for-industry-professionals/· 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.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHLivingNews.com.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.
http://latonykovach.com Connect on LinkedIn: http://www.linkedin.com/in/latonykovach
