Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers.
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Noteworthy headlines on CNNMoney – FDIC: Bank of America owes us $542M. Government-backed mortgages are about to get cheaper. FDA: St. Jude’s cardiac devices can be hacked. Venezuela hikes minimum wage 50%. Alibaba’s Jack Ma met with Trump to talk jobs.
Some bullets from Fox Business – Trump Becomes Star of Detroit Auto Show. Oil Sags on Supply Concerns. GM CEO: Our Primary Strategy is to Build Where We Sell. Should Airport Passengers Be Allowed to Travel with Guns & Ammo?
Key Commodities
Crude Oil 52.69 –2.18 (-3.97%) Gold 1,181.20 7.80 (0.66%) Silver 16.60 0.08 (0.49%)
The markets at the Closing Bell Today…
S&P 500 2,268.90 –8.08 (-0.35%)
Dow 30 19,887.38 –76.42 (-0.38%)
Nasdaq 5,531.82 10.76 (0.19%)
Russell 2000 1,357.49 -9.79 (-0.72%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were The Carlyle Group (CG) and Tricon Capital Group Inc. (TCN).
The top two sliders for the day were Deer Valley Corp. (DVLY) and Nobility Homes Inc. (NOBH).
Manufactured Housing Composite Value (MHCV) Ticker
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew has changed their 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. Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
(Image credits are as shown above.)
Submitted by RC Williams to the Daily Business News for MHProNews.
