In the news from CNNMoney: More than half of U. S. retailers plans to hire seasonal workers, up from 43 percent last year. ‘Too Big to Fail’ banks need $1.2 trillion as cushion against the next possible meltdown. More part-timers are finding full-time work. The economy has added 8.7 million jobs since Obama moved into the White House. Sea World canceling Killer Whale show at one park.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) slipped -2.00 percent to close at 1143.8. Only one manufactured housing related stock we cover closed up, as all the others closed down or even. Skyline Corp was the only one we follow that gained, +2.56 percent, ending the trading day at $3.60. Affiliated Managers Group slipped the most of tracked stocks, losing -5.87 percent to end the day at $177.87.
On the Big Board:
The Dow Jones Industrial Average dropped a full 1.00 percent, -179.85 points, to end the trading day at 17,730.48.
The NASDAQ fell -1.01 percent, -51.82 points, to end the day at 5,095.30
The S&P 500 lost -0.98 percent, -20.62 points, to close at 2,078.58.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $177.87 -11.10 (-5.87%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $201,000 -2,100.00 (-1.03%).
Carlyle Group (NASDAQ:CG) $18.96 -0.66 (-3.36%).
Cavco Industries, Inc. (NASDAQ:CVCO) $92.54 –2.67 (-2.84%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $58.30 -0.70 (-1.19%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $58.64 0.00 (0.00%).
Killam Properties Inc. (TSE:KMP) $10.50 -0.08 (-0.76%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.51 0.00 (0.00%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.85 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $38.24 -1.39 (-3.51%).
Skyline Corporation (NYSE:SKY) $3.60 +0.09 (+2.56%).
Sun Communities Inc. (NYSE:SUI) $62.45 -1.30 (-2.04%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $55.13 -0.01 (-0.02%).
UMH Properties, Inc. (NYSE:UMH) $9.65 -0.28 (-2.82%).
Universal Forest Products, Inc. (NYSE:UFPI) $75.06 -1.02 (-1.34%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.