In the news from CNNMoney: NASDAQ ends week with 2.7 percent loss. $458 billion in taxes go unpaid every year. Atlantic City about to slip into default. At 2,608 days, the market upswing is second longest bull market in U. S. history. Australia intends to block purchase of huge ranch by Chinese firm. Exxon/Mobil profits plummet to lowest level since 1999. Eurozone economy growing faster than the U. S.
On the Big Board:
The Dow Jones Industrial Average fell -0.32 percent, -57.12 points to end the week at 17,773.64.
The NASDAQ dropped -0.62 percent, -29.93 points to close at 4775.36.
The S&P 500 lost –0.51 percent, -10.51 points, to close at 2,065.30.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) edged up +0.73 percent to finish at 1335.5. Active MH-related stocks closed mixed or even, with Louisiana Pacific gaining more than any other active stock, +2.47 percent, +0.41 points, to end the day at $17.00. Universal Forest Products fell more than other tracked stocks, dropping -4.84 points, -5.94 percent, to end the week at $76.65.
Affiliated Managers Group, Inc. (NYSE: AMG) $170.32 -3.45 (-1.99%).
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $219,000.00 -120.00 (-0.05%).
Carlyle Group (NASDAQ:CG) $16.74 -0.37 (-2.16%).
Cavco Industries, Inc. (NASDAQ:CVCO) $87.69 +0.60 (+0.69%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $64.83 +0.32 (+0.50%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $68.49 -1.36 (-1.95%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $17.00 +0.41 (+2.47%).
Nobility Homes Inc. (OTCMKTS:NOBH) $15.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $12.79 -0.21 (-1.62%)
Patrick Industries, Inc. (NASDAQ:PATK) $45.85 -0.92 (-1.97%).
Skyline Corporation (NYSE:SKY) $9.05 +0.10 (+1.12%).
Sun Communities Inc. (NYSE:SUI) $67.87 -0.45 (-0.66%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $50.35 -0.57 (-1.12%)
UMH Properties, Inc. (NYSE:UMH) $9.80 -0.02 (-0.20%).
Universal Forest Properties, Inc. (NYSE:UFPI) $76.65 -4.84 (-5.94%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily business News-MHProNews.