In the news from CNNMoney: Despite Dow drop of 120 points today, it’s up 0.3 % on the week. The Dept. of Transportation approved six airlines to schedule trips to Cuba. Aeropostale gets a $160 million lifeline. Lunch with Buffett will cost at least $2.6 million. Moe’s Southwest Grill knocks Chipotle off the top rung as America’s number one Mexican restaurant. Banks are having their worst start to the year since 2011. Seventy-six million Americans are struggling financially or just getting by. China’s dream project hampered by Brazil crisis. Tesla releases cheaper version of Model S.
On the Big Board:
The Dow Jones Industrial Average fell -0.67 percent, -119.85 points, to end the week at 17,865.34.
The NASDAQ nudged down -1.29 percent, -64.07 points to close at 4,894.55.
The S&P 500 lost -0.92 percent, -19.41 points, to close at 2,096.07.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -3.30 percent to end at 1393.8. All active MH-related stocks closed down or even except Sun Communities which nudged up +0.39 percent, gaining +0.20 points, to close at $69.53. Skyline Corp. fell the most of tracked stocks, -5.63 percent, -0.54 points, to end the day at $9.05.
Affiliated Managers Group, Inc. (NYSE: AMG) $159.68 -6.83 (-4.10%)
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 212,622. -588.00 (-0.28%).
Carlyle Group (NASDAQ:CG) $15.79 -0.25 (-1.56%).
Cavco Industries, Inc. (NASDAQ:CVCO) $97.28 -2.18 (-1.29%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $79.00 -1.43 (-1.78%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $72.75 -0.15 (-0.21%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $17.70 -0.31 (-1.72%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.30 0.00 (0.00%)
Northstar Realty Finance Corp (NYSE:NRF) $13.56 -0.34 (-2.45%)
Patrick Industries, Inc. (NASDAQ:PATK) $51.60 -1.18 (-2.24%).
Skyline Corporation (NYSE:SKY) $9.05 -0.54 (-5.63%).
Sun Communities Inc. (NYSE:SUI) $69.53 +0.20 (+0.29%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $50.73 -0.47 (-0.92%).
UMH Properties, Inc. (NYSE:UMH) $10.48 -0.02 (-0.19%).
Universal Forest Properties, Inc. (NYSE:UFPI) $86.29 -1.20 (-1.37%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J Silver to Daily Business News-MHProNews.