In the news from CNNMoney: J. C. Penney, close to becoming a penny stock in 2013, and on the verge of bankruptcy, reported same store sales growth of 4.1 percent in Q4 2015. Oil prices rise 30 percent in 11 days. Facebook founder Zuckerberg worried about ISIS threat. Nigeria cuts 23,000 ‘ghost’ workers from government payroll. Oil crisis hitting Russia hard. China plans to cut 1.8 million jobs from the coal and steel industries.
On the Big Board:
The Dow Jones Industrial Average moved down -0.74 percent, -123.47 points to end the first day of the week at 16,516.50.
The NASDAQ nudged down -0.71 percent, -32.52 points to close at 4,557.95.
The S&P 500 also slipped, -0.81 percent, -15.82 points, to end the week at 1,932.23.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -2.24 percent to finish at 1063. MH-related active stocks closed mixed or even in today’s trading, with not major changes. Carlyle Group gained the most, +2.50 percent, advancing +0.38 points to close at $15.47. UMH Properties lost the most of active tracked stocks, -1.57 percent, -0.15 points to close at 9.39.
Affiliated Managers Group, Inc. (NYSE: AMG) $138.69 +1.76 (+1.29%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $202,555 +4,365.00. (+2.20%).
Carlyle Group (NASDAQ:CG) $15.47 +0.38 (+2.50%).
Cavco Industries, Inc. (NASDAQ:CVCO) $81.14 -0.78 (-0.95%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.69 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $60.19 +0.19 (+0.32%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $70.16 -0.30 (-0.43%).
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) $15.89 -0.06 (-0.38%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $44.19 +0.65 (+1.49%).
Skyline Corporation (NYSE:SKY) $4.03 +0.06 (+1.51%).
Sun Communities Inc. (NYSE:SUI) $67.53 -0.51 (-0.75%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $43.85 +0.39 (+0.90%).
UMH Properties, Inc. (NYSE:UMH) $9.39 -0.15 (-1.57%).
Universal Forest Properties, Inc. (NYSE:UFPI) $76.72 -0.60 (-0.78%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.