Cavco Spikes +9.02%; Dow Falls -217.23 Points

stock_report_May_11In the news from CNNMoney: Walmart sues Visa over chip debit card rules. Volkswagen probe clears top executives. Oil tycoon T. Boone Pickens would prevent Muslims from coming to the U. S. until they are vetted. A fight club for giant robots is in the works. Macy’s is in serious trouble. Toyota profits dip as a result of falling yen. Bloomberg is funding campaign to keep U. K. in Europe. Warren Buffett’s favorite oil stock, Phillips 66, is tanking.

On the Big Board:

The Dow Jones Industrial Average slipped -1.21 percent, -217.23 points to end the day at 17,711.12.

The NASDAQ moved down -1.02 percent, -49.19 points to close at 4,760.69.

The S&P 500 lost -0.96 percent, -19.93 points, to close at 2,064.46.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +2.58 percent to finish at 1375. Active MH-related stocks closed mixed, or even, although Cavco Industries, Inc. spiked +9.02 percent, +7.99 points, to end the day at $96.54. Carlyle Group slipped more than other tracked stocks, -3.18 percent, -0.51 points to end the day at $15.53.

Affiliated Managers Group, Inc. (NYSE: AMG) $165.42 -2.16 (-1.29%)

Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $214,468 -2,507 (-1.16%).

Carlyle Group (NASDAQ:CG) $15.53 -0.51 (-3.18%).

Cavco Industries, Inc. (NASDAQ:CVCO) $96.54 +7.99 (+9.02%).

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

Drew Industries, Inc. (NYSE:DW) $71.17 -0.60 (-0.84%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $73.23 -1.30 (-1.74%).

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

Louisiana-Pacific Corporation (NYSE:LPX) $18.45 +0.01 (+0.05%).

Nobility Homes Inc. (OTCMKTS:NOBH) $15.00 0.00 (0.00%)

Northstar Realty Finance Corp. (NYSE:NRF) $13.73 -0.11 (-0.79%)

Patrick Industries, Inc. (NASDAQ:PATK) $46.79 +0.01 (+0.02%).

Skyline Corporation (NYSE:SKY) $9.41 +0.1499 (+1.62%).

Sun Communities Inc. (NYSE:SUI) $70.79 -1.61 (-2.22%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $49.41 +0.60 (+1.23%)

UMH Properties, Inc. (NYSE:UMH) $10.01 +0.04 (+0.40%).

Universal Forest Properties, Inc. (NYSE:UFPI) $83.15 -0.93 (-1.11%). ##

(Graphic credit: CNNMoney)

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

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