MHCV Outshines the Dow; Nobility Homes Advances over 5%

stock_report_July_9In the news from CNNMoney: Companies in the S&P 500 are expected to report their sales and profits for Q2 will be down 4.5 percent from a year ago. Greece submits economic reform proposal well ahead of Sunday’s meeting about possible bailout. The Labor Department reported applications for unemployment benefits rose 15,000 last week. Seventy-one percent of the world’s population lives on less than $10 a day.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) advanced +1.75 percent to end the day at 695.7. Manufactured housing stocks we cover closed mixed or even. Nobility Homes gained the most of covered stocks, +5.76 percent, while Third Avenue Value Institutional dropped the most of stocks we follow, -2.03 percent.

On the Big Board:

The Dow Jones Industrial Average gained +33.20 points, +0.19 percent to end the day at 17,548.62. The year-to-date change has seen the Dow drop -1.54 percent.

The NASDAQ moved up +12.64 points, +0.26 percent to close at 4,922.40.

The S&P 500 advanced +4.63 points, +0.23 percent, to finish at 2,051.31.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $210.71 +1.91 (+0.92%)

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $207,740 +1,554 (+0.75%)

Carlyle Group (NASDAQ:CG) $27.44 +0.50 (+1.86%).

Cavco Industries, Inc. (NASDAQ:CVCO) $75.90 +0.11 (+0.15%).

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

Drew Industries, Inc. (NYSE:DW) $58.02 -0.21 (-0.36%)

Equity LifeStyle Properties, Inc. (NYSE:ELS) $55.41 -0.39 (-0.69%)

Killam Properties Inc. (TSE:KMP) $10.11 -0.04 (-0.39%).

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

Louisiana-Pacific Corporation (NYSE:LPX) $16.13 -0.15 (-0.92%).

Nobility Homes Inc. (OTCMKTS:NOBH) $10.10 +0.55 (+5.76%).

Patrick Industries, Inc. (NASDAQ:PATK) $38.05 +0.04 (+0.11%).

Skyline Corporation (NYSE:SKY) $3.02 +0.0448 (+1.50%)

Sun Communities Inc. (NYSE:SUI) $65.25 -0.14 (-0.21%)

Third Avenue Value Instl (OTCMKTS:TAVFX) $55.99 -1.16 (-2.03%).

UMH Properties, Inc. (NYSE:UMH) 9.94 -0.06 (-0.60%)

Universal Forest Products, Inc. (NYSE:UFPI) $50.82 (-0.21) (-0.41%). ##

(Graphic credit: CNNMoney)

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

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