MHCV Edges Up, Third Avenue Value Gains +0.86%, Major Indices Slip

stock_report_May_23In the news from CNNMoney: Monsanto gains 4.4 percent after Bayer’s 62 billion bid. 1,600 fake credit cards results in $13 million fraud in South Africa. General Electric hiring 2,000 in Saudi Arabia, doubling their workforce there, helping Saudi Arabia diversify. IBM has 20,000 job openings. Venezuela is running out of sugar. If the U. K. leaves the European Union the U. K Treasury predicts 820,000 jobs will be lost. Hot tech stock Nvidia (NVDA) Tech30 helping make driverless cars a reality.

On the Big Board:

The Dow Jones Industrial Average slipped -0.05 percent, -8.01 points, to end the week at 17,492.93.

The NASDAQ edged down -0.08 percent, -3.78 points to close at 4,765.78

The S&P 500 nudged down -0.21 percent, -4.28 points, to close at 2,048.04

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) edged up 0.49 percent to finish at 1374.5. Active MH-related stocks closed mixed, or even, with Third Avenue Value advancing the most, gaining +0.86 percent, +0.42 points, to close at $49.44. Skyline Corp. fell more than other tracked stocks -1.69 percent, -0.16 points to end the day at $9.32.

Affiliated Managers Group, Inc. (NYSE: AMG) $164.89 -0.46 (-0.28%)

Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 212,210. -623. (-0.29%).

Carlyle Group (NASDAQ:CG) $16.39 +0.10 (+0.61%).

Cavco Industries, Inc. (NASDAQ:CVCO) $93.64 -0.61 (-0.65%).

Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $73.40 -1.02 (-1.37%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $72.55 +0.17 (+0.23%).

Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)

Louisiana-Pacific Corporation (NYSE:LPX) $17.48 -0.20 (-1.13%).

Nobility Homes Inc. (OTCMKTS:NOBH) $13.25 0.00 (0.00%)

Northstar Realty Finance Corp. (NYSE:NRF) $12.58 -0.04 (-0.32%)

Patrick Industries, Inc. (NASDAQ:PATK) $50.53 -0.41 (-.80%).

Skyline Corporation (NYSE:SKY) $9.32 -0.16 (-1.69%).

Sun Communities Inc. (NYSE:SUI) $69.19 -0.16 (-0.23%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $49.44 +0.42 (+0.86%).

UMH Properties, Inc. (NYSE:UMH) $9.74 +0.05 (+0.52%).

Universal Forest Properties, Inc. (NYSE:UFPI) $81.06 -0.24 ( -0.30%). ##

(Graphic credit: CNNMoney)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. silver to Daily Business News-MHProNews.

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