In the news from CNNMoney: Anheuser-Busch renames Budweiser “America” May 23 through the presidential election. Fear of terrorism is hurting European airlines. Saudi Arabia’s state-owned oil company, the largest in the world, is preparing an IPO to raise funds in the face of falling oil prices. U. S. has record 5.8 million job openings. Fourteen-year old CEO rejects $30 million buyout. Chattanooga offers free high-speed internet to households that have a student receiving free or discounted lunches.
On the Big Board:
The Dow Jones Industrial Average advanced +1.26 percent, +222.44 points to end the day at 17,928.35.
The NASDAQ moved up +1.26 percent, +59.67 points to close at 4,809.88.
The S&P 500 gained +1.25 percent, +25.70 points, to close at 2,084.39.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) edged up +1.15 percent to finish at 1340.4. Active MH-related stocks closed mixed, or even, with Affiliated Managers Group gaining the most, +3.48 percent, +5.64 points, to end the day at $167.58. Northstar slipped more than other tracked stocks, -2.95 percent, -0.42 points to end the day at $13.84.
Affiliated Managers Group, Inc. (NYSE: AMG) $167.58 +5.64 (+3.48%)
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $216,975 +2,545 (+1.19%).
Carlyle Group (NASDAQ:CG) $16.04 -0.23 (-1.41%).
Cavco Industries, Inc. (NASDAQ:CVCO) $88.55 +0.53 (+0.60%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $71.77 +1.31 (+1.86%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $74.53 -0.93 (-1.23%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $18.44 +0.05 (+0.27%).
Nobility Homes Inc. (OTCMKTS:NOBH) $15.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $13.84 -0.42 (-2.95%)
Patrick Industries, Inc. (NASDAQ:PATK) $46.78 +0.05 (+0.11%).
Skyline Corporation (NYSE:SKY) $9.26 +0.1101 (+1.20%).
Sun Communities Inc. (NYSE:SUI) $72.40 -0.66 (-0.90%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $48.81 -0.27 (-0.55%)
UMH Properties, Inc. (NYSE:UMH) $9.97 +0.08 (+0.81%).
Universal Forest Properties, Inc. (NYSE:UFPI) $84.08 +1.03 (+1.24%). ##