In the news from CNNMoney: Antitrust regulators approve of Charter Communication’s takeover of Time Warner Cable and Bright House Networks. Fox Sport Reporter Erin Andrews settled her lawsuit against Marriott Hotels for an undisclosed amount. Republican billionaire mega-donor Charles Koch said the U. S. tax code is “rigged’ in favor of the wealthy. The Patriot’s Tom Brady took a pay cut from $8 million in 2015 to $1 million for this year, and was suspended for four games. Excluding the Great Recession, the 6 million Americans who work part-time but want full-time jobs today are at the highest level in about 30 years.
On the Big Board:
The Dow Jones Industrial Average nudged down -0.15 percent, -26.51 points to end the day at 17,977.24
The NASDAQ slipped -0.21 percent, -10.44 points to close at 4895.79
The S&P 500 also edged down -0.18 percent, -3.79 points, to close at 2,087.79.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.47 percent to finish at 1356.3. Most active MH-related stocks closed up or even, with Deer Valley advancing more than any other active stock, +26.19 percent, +0.13 points, to end the day at $0.65. Universal Forest Products fell the most of active stocks, dropping -5.07 percent, the most of active tracked stocks, -4.36 points, to close at $81.63.
Affiliated Managers Group, Inc. (NYSE: AMG) $174.93 -2.82 (-1.59%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $219,278.00 +240.00 (+0.11%).
Carlyle Group (NASDAQ:CG) $17.32 0.00 (0.00%).
Cavco Industries, Inc. (NASDAQ:CVCO) $88.73 -0.62 (-0.69%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 +0.13 (+26.19%).
Drew Industries, Inc. (NYSE:DW) $64.25 -0.21 (-0.33%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $70.14 +0.98 (+1.42%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $16.91 -0.33 (-1.91%).
Nobility Homes Inc. (OTCMKTS:NOBH) $15.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $13.09 -0.21 (-1.58%)
Patrick Industries, Inc. (NASDAQ:PATK) $47.87 -1.64 (-3.31%).
Skyline Corporation (NYSE:SKY) $10.95 -0.58 (-5.03%).
Sun Communities Inc. (NYSE:SUI) $68.58 +0.45 (+0.66%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $50.19 -0.30 (-0.59%)
UMH Properties, Inc. (NYSE:UMH) $9.82 -0.08 (-0.81%).
Universal Forest Properties, Inc. (NYSE:UFPI) $81.63 -4.36 (-5.07%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily business News-MHProNews.