Commerce Bank Moves on AMG, Updates on Skyline and ELS

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Credit: CNN Money.

Noteworthy headlines on – CNNMoney – Ford gets ready to cut jobs. Outage hits Starbucks stores in U.S. and Canada. Rue21 files for bankruptcy as retail woes drag on. Facebook refunds advertisers over measurement error.

Some bullets from Fox BusinessHome Depot crushing Sears and other struggling retailers. Trump defends talks with Russians. Jamie Dimon says he won’t leave Trump’s strategic and policy forum. Slowing sales growth at TJMaxx, Marshalls parent stokes retail-industry concern.

 

9 key market indicators, per Yahoo! Finance.

 

  • S&P 500 2,400.67 -1.65 (-0.07%)
  • Dow JIA 20,979.75 -2.19 (-0.01%)
  • Nasdaq 6,169.87 20.20 (0.33%)

 

  • Crude Oil 48.23 -0.62 (-1.27%)
  • Gold 1,236.80 6.80 (0.55%)
  • Silver 16.84 0.24 (1.46%)

 

  • EUR/USD 1.1084 0.0107 (0.98%)
  • 10-Yr Bond 2.329 -0.009 (-0.38%)
  • Russell 2000 1,394.68 0.76 (0.05%)

 

We Provide, You Decide.” ©

Dailymarketwrap5162017dowjonesindustrialaveragesp500nasdaqcredityahoofinance-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
Credit: Yahoo Finance.

Manufactured Housing Composite Value (MHCV) Ticker

Dailymarketwrap5162017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews
Credit: Yahoo Finance.

 

The MH Industry – Today’s Risers and Sliders

Top risers included LCI Industries and UFPI. Skyline and Equity LifeStyle Properties led the sliders today.MHProNewsManufacturedHousingIndustryConnectedStockMarketReportSpotlight

The Chaffey Breeze reports that Commerce Bank increased its stake in Affiliated Managers Group (AMG) in the first quarter by 12.7 percent, joining World Asset Management and Sumitomo Mitsui Trust Holdings Inc. AMG has received an overall “buy” rating from analysts.

Recent commentary from ELS Chairman Sam Zell is linked here, commentary from Kevin Clayton during Berkshire Hathaway’s annual meeting is linked here, and Warren Buffett discussing his mistakes is linked here.

NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 

Dailymarketwrap5162017bloombergtickermanufacturedhousingindustryrelatedmarketreportdailybusinessnews-mhpronews
Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

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 all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

 

rcwilliams-writer75x75manufacturedhousingindustrymhpronews
RC Williams, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

 

(Copyright Notice: This and all content on MHProNews and MHLivingNews always have been and are Copyrighted, © 2017 by MHProNews.com a dba of LifeStyle Factory Homes, LLC – All Rights Reserved. No duplication is permitted without specific written permission. Headlines with link-backs are of course ok. A short-quoted clip, with proper attribution and link back to the specific article are also ok – but you must send a notice to iReportMHNewsTips@mhmsm.com of the exact page you’ve placed/posted such a use, once posted.)

 

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