In the news from CNNMoney: Bill Gross, bond fund manager for Janus Capital, wants a rate hike now. Divest Invest moves assets away from investing in fossil fuel development, now represents $2.6 trillion in assets. Economic growth in cities rose 2.3 percent in 2014, the best year since 2006.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.29 percent to close at 911. Manufactured housing related stocks we cover were relatively quiet in today’s trading, closing mixed or even. Equity LifeStyle Properties advanced the most of tracked stocks, +1.44 percent to close at $58.06. Carlyle Group fell the most of stocks we follow, -1.99 percent to end the day at $19.19.
On the Big Board:
The Dow Jones Industrial Average fell -0.31 percent, -50.58 points, to end the day at 16,279.89.
The NASDAQ slipped -0.08 percent, -3.98 points to finish at 4,752.74.
The S&P 500 lost -0.20 percent, -3.98 points, to close at 1,938.76.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $169.88 -1.97 (-1.15%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $194,479 -907.00 (-0.46%).
Carlyle Group (NASDAQ:CG) $19.19 -0.39 (-1.99%).
Cavco Industries, Inc. (NASDAQ:CVCO) $67.76 +0.51 (+0.76%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $54.01 -0.42 (-0.77%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $58.06 +0.83 (+1.44%).
Killam Properties Inc. (TSE:KMP) $9.99 -0.01 (-0.10%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $15.13 -0.17 (-1.04%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.75 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $41.78 +0.01 (+0.02%).
Skyline Corporation (NYSE:SKY) $3.00 -0.02 (-0.66%).
Sun Communities Inc. (NYSE:SUI) $67.53 +0.76 (+1.14%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $51.31 -0.26 (-0.51%).
UMH Properties, Inc. (NYSE:UMH) $9.66 +0.07 (+0.71%).
Universal Forest Products, Inc. (NYSE:UFPI) $60.61 +0.67 (+1.12%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.