In CNN News: Colt Gun maker files for bankruptcy, CVS buying Target’s pharmacies for $2 billion, Puerto Ricans fleeing a bad economy, and Los Angeles is now the largest city in the country with a $15 minimum wage.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.10 percent, besting the Dow, to end the day at 725.2. Manufactured housing stocks we cover mostly closed down or even, Nobility Homes losing about half the spike it gained on Friday, dropping -5.71 percent. Skyline Corp. dropped -4.75 percent. Meanwhile, Drew Industries gained more than other tracked stocks, moving up +1.75 percent.
On the Big Board:
The Dow Jones Industrial Average fell -0.60 percent, -107.67 points, to end the day at 17,791.17
The NASDAQ dropped -0.42 percent, -21.13, to close at 5,029.97.
The S&P 500 fell -0.46 percent, -9.68 points, to end at 2,084.43.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $221.23 -0.42 (-0.19%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $209,300 -1,460.00 (-0.69%)
Carlyle Group (NASDAQ:CG) $28.18 -0.56 (-1.95%).
Cavco Industries, Inc. (NASDAQ:CVCO) $76.69 +0.50 (+0.65%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $57.73 +1.01 (+1.75%)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $53.08 +0.05 (+0.09%)
Killam Properties Inc. (TSE:KMP) $10.04 -0.11 (-1.08%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.05 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.56 -0.12 (-0.68%).
Nobility Homes Inc. (OTCMKTS:NOBH) $9.90 -0.60 (-5.71%).
Patrick Industries, Inc. (NASDAQ:PATK) $36.98 +0.07 (+0.19%).
Skyline Corporation (NYSE:SKY) $3.01 -0.15 (-4.75%)
Sun Communities Inc. (NYSE:SUI) $62.01 -0.22 (-0.35%)
Third Avenue Value Instl (OTCMKTS:TAVFX) $58.93 -0.30 (-0.51%).
UMH Properties, Inc. (NYSE:UMH) 9.40 -0.07 (-0.74%)
Universal Forest Products, Inc. (NYSE:UFPI) $52.98 -1.01 (-1.87%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily business News-MHProNews.