Noteworthy headlines on – CNNMoney – Toshiba chairman steps down as company takes $6.3B hit from nuclear unit. Delta to own nearly half of Mexico’s biggest airline. Amazon’s delivery drones might use parachutes. Google cuts ties with YouTuber accused of anti-Semitism.
Some bullets from Fox Business – Wall Street at Record High as Banks Gain on Yellen’s Comments. Barack and Michelle Obama Are About to Get Even Richer. Facebook Announces Launch of Television App. Republican Lawmaker Pushes to Abolish Income Taxes.
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Key Commodities
Crude Oil 53.20 0.27 (0.51%) Gold 1,229.30 3.50 (0.29%) Silver 17.95 0.13 (0.72%)
The markets at the Closing Bell Today…
S&P 500 2,337.58 9.33 (0.40%)
Dow 30 20,504.41 92.25 (0.45%)
Nasdaq 5,782.57 18.62 (0.32%)
Russell 2000 1,396.65 4.27 (0.31%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Skyline Corp. (SKY) and Deer Valley Corp. (DVLY).
The top two sliders for the day were UMH Properties Inc. (UMH) and Cavco Industries Inc. (CVCO).
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. LCI Industries, 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.
