Noteworthy headlines on – CNNMoney – Brexit triggered: 5 obstacles to amicable divorce. Well Fargo customers in $110M settlement. Napolitano returns to Fox, stands by false spying claim. Westinghouse Electric is filing for bankruptcy.
Some bullets from Fox Business – Construction business defies California’s ban against border wall construction. Bass Pro Shops’ $4.5 billion Cabela’s deal gets white knight. Ford says it will spend $295 million on two new recalls. China’s Tencent buys 5 percent stake in Tesla.
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Key Commodities
Crude Oil 49.43 1.06 (2.19%) Gold 1,252.30 –3.30 (-0.26%) Silver 18.25 –0.01 (-0.04%)
The markets at the Closing Bell Today…
S&P 500 2,361.13 2.56 (0.11%)
Dow 30 20,659.32 –42.18 (-0.20%)
Nasdaq 5,897.55 22.41 (0.38%)
Russell 2000 1,371.64 4.38 (0.32%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Tricon Capital Group Inc. (TCN) and Patrick Industries Inc. (PATK).
The top two sliders for the day were Skyline Corp. (SKY) and Universal Forest Products Inc. (UFPI).
Manufactured Housing Composite Value (MHCV) Ticker
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII).
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.)
Submitted by RC Williams to the Daily Business News for MHProNews.
