Sun Communities Reporting FFO Gains for 1Q

Sun Communities Inc., a real estate investment trust (REIT) that owns and operates manufactured housing and recreational vehicle communities, today reported results for its first quarter, ended March 31. The company reported that Funds From Operations (FFO) excluding acquisition related costs was $38.3 million, or 95 cents per share, compared with $31.7 million, or 93 […]

Winnebago Recognizes Top Towable Retailers

Winnebago Industries Inc. announced its top towable product dealer sales award winners recognized during the company’s Dealer Days event in Las Vegas, Nev., April 14-16. In addition, the Partners in Excellence (PIE) award recipient was also announced. According to a press release, the PIE award recognized the dealer with the best market share penetration. Top […]

Hoeffer sues Global Caravan Technologies

(May 2, 2014) -- Charles Hoefer yesterday filed suit against Global Caravan Technologies citing a conspiracy by seven people plus Red Wing Capital and C.H. Douglas and Gray, LLC, to defraud him of his rightful majority ownership, employment and executive leadership of the company.

Ally 1Q Profits Decline; CEO Forging New Path

Ally Financial Inc., the lender rescued by the U.S. government during the 2008 financial crisis, said profit fell 79% in its first report as a publicly traded company. Bloomberg reported that net income for the three months ended March 31 slid to $227 million, or 33 cents a share, from $1.1 billion, or $2.16, a year […]