Noteworthy headlines on – CNNMoney – Thousands of Venezuelans fleeing to the U.S. Senate Dems pledge to force release of ethics waivers. Uber stiffed NYC drivers in multimillion-dollar mistake. Amazon hit by protests over ads on Breitbart.
Some bullets from Fox Business – Trump budget saves taxpayer money by weeding out welfare freeloaders. Wall St rises on investor relief after Trump budget. Oil settles up slightly on view OPEC will extend output cuts. Sears gets relief on budget, pensions.
9 key market indicators, per Yahoo! Finance.
- S&P 500 2,398.42 4.40 (0.18%)
- Dow JIA 20,937.91 43.08 (0.21%)
- Nasdaq 6,138.71 5.09 (0.08%)
- Crude Oil 51.49 0.36 (0.70%)
- Gold 1,250.80 -10.60 (-0.84%)
- Silver 17.06 -0.13 (-0.76%)
- EUR/USD 1.1182 -0.0056 (-0.50%)
- 10-Yr Bond 2.285 0.031 (1.38%)
- Russell 2000 1,380.98 3.84 (0.46%)
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Manufactured Housing Composite Value (MHCV) Ticker
The MH Industry – Today’s Risers and Sliders
Top risers included Skyline and ELS. AMG and Louisiana-Pacific led the sliders today.
Woes continue for Skyline, as the Cerbat Gem reports that the stock was downgraded by equities researchers at TheStreet from a “c” rating to a “d” rating in a recent research report.
For more on Skyline’s struggles over the last year, click 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).
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. ##
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Submitted by RC Williams to the Daily Business News for MHProNews.
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