Noteworthy headlines on – CNNMoney – Zuckerberg supports universal basic income. What is it? Google, Amazon call for govt. surveillance reform. $1.3 trillion student loan problem facing Betsy DeVos. ID thieves used stolen data 9 minutes after it was posted.
Some bullets from Fox Business– Consumer sentiment slips slightly in final May reading. Wall St. drifts before long weekend, but consumer stocks up. Oil rises more than 1 percent, market corrects following OPEC. Cohn: If anything, Trump will get tougher on Russia.
9 key market indicators, per Yahoo! Finance:
- S&P 500 2,415.82 0.75 (0.03%)
- Dow JIA 21,080.28 -2.67 (-0.01%)
- Nasdaq 6,210.19 4.94 (0.08%)
- Crude Oil 48.89 0.99 (2.02%)
- Gold 1,267.00 10.60 (0.84%)
- Silver 17.34 0.15 (0.85%)
- EUR/USD 1.1179 -0.0031 (-0.28%)
- 10-Yr Bond 2.25 -0.005 (-0.22%)
- Russell 2000 1,382.24 -1.14 (-0.08%)
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Manufactured Housing Composite Value (MHCV) Ticker
The MH Industry – Today’s Risers and Sliders
A tough day for the MHCV today, with multiple stocks seeing declines of over two percent. Top risers included UMH and Sun Communities. Cavco and Patrick Industries led the sliders today.
UMH finished up nearly 1 percent today, one of the lone bright spots.
Sports Perspectives reports that UMH declared a quarterly dividend on Tuesday, April 4th. Shareholders of record on Monday, May 15th will be paid a dividend of 0.18 per share by the real estate investment trust on Thursday, June 15th.
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
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Submitted by RC Williams to the Daily Business News for MHProNews.
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