In the news from CNNMoney: Land Rover rolls out $245,000 SUV. Millions of Mars and Snicker candy bars recalled. Free college degrees luring Americans to Europe. Oil continues to have a chokehold on stocks. Tourism slow down holding back Egypt’s recovery. Deutsche Boerse plans London Stock Exchange takeover. Bank of America set to offer mortgages with 3% down. British oil industry warns it may collapse. Garbage workers in NYC earn $100k+.
On the Big Board:
The Dow Jones Industrial Average dropped -1.14 percent, -188.88 points to end the day at 16,431.78.
The NASDAQ lost more than the other two major indices, -1.47 percent, -67.03 points to finish at 4,503.58.
The S&P 500 also fell, -1.25 percent, -24.23 points, to end the day at 1,921.27.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) slipped -0.03 percent to finish at 1073.9. More MH-related active stocks closed down or even in today’s trading. although UFPI moved up the most, +2.62 percent, +1.85 points to close at 72.46. UMH lost the most of tracked stocks, -4.80 percent, -0.11 points to close at 9.00, although Carlyle Group was not far behind at -4.68 percent.
Affiliated Managers Group, Inc. (NYSE: AMG) $133.66 -1.33 (-0.84%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $196,502 -2,148.00 (-1.08%).
Carlyle Group (NASDAQ:CG) $14.66 -0.72 (-4.68%).
Cavco Industries, Inc. (NASDAQ:CVCO) $78.94 -0.44 (-0.55%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.69 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $60.23 -0.24 (-0.40%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $70.11 +0.41 (+0.59%).
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) $15.32 -0.32 (-2.05%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $41.52 -0.20 (-0.50%).
Skyline Corporation (NYSE:SKY) $3.97 +0.08 (+2.06%).
Sun Communities Inc. (NYSE:SUI) $67.00 +0.38 (+0.57%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $42.90 -0.53 (-1.22%).
UMH Properties, Inc. (NYSE:UMH) $9.00 -0.11 (-4.80%).
Universal Forest Properties, Inc. (NYSE:UFPI) $72.46 +1.85 (+2.62%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.