Skyline Rises, Manufactured Housing CV Down, Broader Markets Mixed
Noteworthy headlines on – CNNMoney – VW exec stuck in jail 70 days and counting. Expedia names Chelsea Clinton to board of directors. Senators: Icahn is using Trump role for ‘personal gain‘. Disney to pay $3.8M to workers charged for costumes.
Some bullets from Fox Business – Trump touts jobs, jabs Merkel on trade, NATO. U.S. Government appeals Maryland judge’s ruling on Trump’s travel order. Will new CEO make Jessica Alba’s billion-dollar startup more honest? JCPenney is closing these 138 stores: Texas, Minnesota hit hardest.
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Crude Oil 48.72 –0.03 (-0.06%) Gold 1,228.90 1.80 (0.15%) Silver 17.41 0.08 (0.46%)
The markets at the Closing Bell Today…
S&P 500 2,378.25 –3.13 (-0.13%)
Dow 30 20,914.62 –19.93 (-0.10%)
Nasdaq 5,901.00 0.24 (0.00%)
Russell 2000 1,391.52 5.49 (0.40%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Skyline Corp. (SKY) and Universal Forest Products Inc. (UFPI).
The top two sliders for the day were the Carlyle Group (CG) and Affiliated Managers Group Inc. (AMG).
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.