In the news from CNNMoney: Fears of recession fall after today’s stock rally. Legendary investor Carl Icahn getting creamed by plunge in oil prices. In Hollywood, blacks and women are the exception in leading roles, not the rule. Stock of Lumber Liquidators falls 15 percent following CDC report that laminate flooring may cause cancer. Puerto Rico ranks second for homes in foreclosure in the U. S. English pound falls two percent against the dollar to $1.41. South Africa has a booming wine market.
On the Big Board:
The Dow Jones Industrial Average began the week advancing +1.40 percent, +228.67 points to end the day at 16,620.66.
The NASDAQ gained +1.47 percent, +66.18 points to finish at 4,570.61.
The S&P 500 also gained, +1.45 percent, +27.72 points, to end the day at 1,945.50.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) advanced +0.13 percent to finish at 1074.3. Most MH-related active stocks gained in today’s trading. Affiliated Managers Group moved up the most, +4.21 percent, +5.45 points to close at 134.99. Skyline Corporation lost the most of tracked stocks, -2.75 percent, -0.11 points to close at 3.89.
Affiliated Managers Group, Inc. (NYSE: AMG) $134.99 +5.45 (+4.21%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $198,650 +1,340.00 (+0.68%).
Carlyle Group (NASDAQ:CG) $15.38 +0.33 (+2.19%).
Cavco Industries, Inc. (NASDAQ:CVCO) $79.38 +0.38 (+0.48%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.69 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $60.47 +1.28 (+2.16%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $69.70 +0.87 (+1.26%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%). (Dec.31)
Louisiana-Pacific Corporation (NYSE:LPX) $15.64 +0.40 (+2.62%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $41.73 +0.62 (+1.51%).
Skyline Corporation (NYSE:SKY) $3.89 -0.11 (-2.75%).
Sun Communities Inc. (NYSE:SUI) $66.62 -0.18 (-0.27%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $42.75 -0.11 (-0.26%) (Feb. 19).
UMH Properties, Inc. (NYSE:UMH) $9.45 +0.03 (+0.32%).
Universal Forest Properties, Inc. (NYSE:UFPI) $70.61 +2.07 (+3.02%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.