In the news from CNNMoney: After cutting workers and selling assets, big oil is now cutting dividends, while U S. is running out of storage facilities for oil. 12.7 million Americans sign up for Obamacare 3.0. Bull market for water stocks follows Flint crisis. U. S. job cuts hit 218% in Jan. Ben & Jerry’s offering vegan ice cream.
On the Big Board:
The Dow Jones Industrial Average nudged up +0.49 percent, +79.92 points, to close at 16,416.58.
The NASDAQ slipped +0.12 percent +5.32 points to end at 4,509.56.
The S&P 500 edged up +0.15 percent, +2.92 points, to finish at 1,915.45.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) dropped -1.55 percent to finish at 933.3. MH-related stocks we follow closed mixed or even, although Affiliated Managers Group gained more than other tracked stocks, +5.11 percent, +6.25 points, to end at $128.66. Equity LifeStyle Properties slipped more than other stocks, -1.17 percent, -0.79 points to close at $67.00.
Affiliated Managers Group, Inc. (NYSE: AMG) $128.66 +6.26 (+5.11%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $191,900 +2,039.00 (+1.07%).
Carlyle Group (NASDAQ:CG) $12.78 +0.24 (+1.91%).
Cavco Industries, Inc. (NASDAQ:CVCO) $78.63 -0.76 (-0.96%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.51 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $56.50 +0.58 (+1.04%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $67.00 -0.79 (-1.17%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%). (Dec.31)
Louisiana-Pacific Corporation (NYSE:LPX) $15.74 +0.58 (+3.83%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.15 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $33.80 -0.33 (-0.09%).
Skyline Corporation (NYSE:SKY) $4.20 +0.08 (+1.94%).
Sun Communities Inc. (NYSE:SUI) $67.57 -0.42 (-0.62%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $43.37 +0.33 (+0.77%).
UMH Properties, Inc. (NYSE:UMH) $9.22 +0.02 (+0.22%).
Universal Forest Properties, Inc. (NYSE:UFPI) $63.70 -0.24 (-0.38%). ##
(Graphic credit:CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.