In CNN News: Greece asks for more bailout as it heads toward default, Puerto Rico wants to declare bankruptcy in lieu of its $73 billion unpayable debt, businesses upset with President Obama’s proposed rule change to increase overtime pay, and the head of luxury watch and jewelry maker Cartier says income inequality will start a class war.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) nudged down -0.78 percent to end the day at 711.2. Manufactured housing stocks we cover closed mixed or even. Louisiana Pacific gained the most of tracked stocks, +1.55 percent, while Skyline Corp. slipped the most, falling -1.34 percent.
On the Big Board:
The Dow Jones Industrial Average managed to move up a mere +23.16 points, +0.13 percent to end the day at 17,619.51, regaining a pittance of the 350.33 points it shed in yesterday’s trading.
The NASDAQ moved up +28.40 points, +0.57 percent to close at 4,986.87.
The S&P 500 advanced +5.47 points, +0.27 percent, to finish at 2,063.11.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $218.60 -0.67 (-0.31%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $205,170 +170.00 (+0.09%)
Carlyle Group (NASDAQ:CG) $28.15 +0.14 (+0.50%).
Cavco Industries, Inc. (NASDAQ:CVCO) $75.64 +0.44 (+0.59%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $58.02 +0.64 (+1.12 %)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $52.58 +0.08 (+0.15%)
Killam Properties Inc. (TSE:KMP) $10.19 +0.09 (+0.89%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.03 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.03 +0.26 (+1.55%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.20 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $37.80 +0.27 (+0.73%).
Skyline Corporation (NYSE:SKY) $2.94 -0.04 (-1.34%)
Sun Communities Inc. (NYSE:SUI) $61.73 -0.19 (-0.32%)
Third Avenue Value Instl (OTCMKTS:TAVFX) $57.75 +0.07 +0.12%).
UMH Properties, Inc. (NYSE:UMH) 9.80 -0.07 (-0.71%)
Universal Forest Products, Inc. (NYSE:UFPI) $52.03 -0.19 (-0.36%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.