Huge Days for UFPI, UHM, Manufactured Housing CV, Broader Markets Down

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Credit: CNN Money.

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 – Trump has resigned from over 400 businesses. Wells Fargo admits to signs of worker retaliation. Sierra Nevada beer recalled over chipped glass. Japan’s first passenger jet delayed by another 2 years.

Some bullets from Fox Business CEOs get more Trump time at the White House. Yahoo’s massive hacks raise questions about Verizon deal. Trump doubles down on promise to give Americans a tax break. What’s ahead for healthcare in 2017?

 

Key Commodities

 

Crude Oil 52.86 –0.36 (-0.68%) Gold 1,219.70 12.00 (0.99%) Silver 17.24 0.20 (1.19%)

 

The markets at the Closing Bell Today…

S&P 500 2,265.20 –6.11 (-0.27%)

Dow 30 19,799.85 –27.40 (-0.14%)

Nasdaq 5,552.94 –2.39 (-0.04%)

Russell 2000 1,347.84 –4.01 (-0.30%)

 

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Image credit, Yahoo, posted for the Daily Business News, MHProNews.

 

The MH Industry – Today’s Risers and Sliders

The top two gainers for the day were Universal Forest Products Inc. (UFPI) and UMH Properties Inc. (UMH).

The top two sliders for the day were Skyline Corp. (SKY) and Berkshire Hathaway Inc. (BRK/A).

 

Manufactured Housing Composite Value (MHCV) Ticker

1232017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews
Credit: Yahoo Finance.

 

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).

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Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

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.)

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

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