MHCV Edges Up, Dow Slips, Home Sales Rise

stock_report_Sept_24In the news from CNNMoney: New home sales in August hit highest peak since 2008. Caterpillar to cut 10,000 jobs. Pope Francis: “The environmental challenge we are undergoing, and its human roots, concerns and affects us all.” Mexico is Latin America’s success story. Number of oil rigs in North Dakota fall by 65 percent. China’s manufacturing index dropped to a 78 month low.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.27 percent to close at 913.4. Most manufactured housing related stocks we cover slipped today’s trading, or closed even. Cavco Industries nudged up the most of tracked stocks, +0.83 percent to close at $68.32. Skyline Corp. fell the most of stocks we follow, -3.33 percent to end the day at $2.90.

On the Big Board:

The Dow Jones Industrial Average fell -0.48 percent, -78.57 points, to end the day at 16,201.32

The NASDAQ slipped -0.38 percent, -18.26 points to finish at 4,734.48.

The S&P 500 lost -0.34 percent, -6.52 points, to close at 1,932.24.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $170.01 +0.13 (+0.08%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $193,800 -679.00 (-0.35%).

Carlyle Group (NASDAQ:CG) $18.56 -0.63 (-3.28%).

Cavco Industries, Inc. (NASDAQ:CVCO) $68.32 +0.56 (+0.83%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).

Drew Industries, Inc. (NYSE:DW) $52.99 -0.97 (-1.80%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $57.45 -0.61 (-1.05%).

Killam Properties Inc. (TSE:KMP) $9.85 -0.14 (-1.40%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).

Louisiana-Pacific Corporation (NYSE:LPX) $15.20 +0.08 (+0.53%).

Nobility Homes Inc. (OTCMKTS:NOBH) $10.75 0.00 (0.00%).

Patrick Industries, Inc. (NASDAQ:PATK) $40.67 -1.15 (-2.75%).

Skyline Corporation (NYSE:SKY) $2.90 -0.10 (-3.33%).

Sun Communities Inc. (NYSE:SUI) $67.49 -0.04 (-0.06%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $50.31 -0.26 (-0.51%).

UMH Properties, Inc. (NYSE:UMH) $9.55 -0.10 (-1.04%).

Universal Forest Products, Inc. (NYSE:UFPI) $59.62 -0.75 (-1.24%). ##

Graphic credit: CNNMoney)

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

 

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