In the news from CNNMoney: OPEC kingpin Saudi Arabia keeps oil prices low, squeezing U. S. shale markets. Chipotle closing stores following E. coli outbreak. Pfizer and Allergan combine to create largest drug manufacturer. Britain buying Boeing planes to counter ISIS and Russia. Ikea donating percentage of profits to refugees. Google is now a mortgage broker.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) moved up +1.99 percent to close at 1198.3 . Most manufactured housing related stocks we cover closed up or even. Skyline added +3.04 percent, more than any other other tracked stock, to close at $3.57. Louisiana Pacific fell more than other MH-related stocks, -0.62 percent, to end the day at $17.56.
On the Big Board:
The Dow Jones Industrial Average edged down slightly to end the day, -0.17 percent, -31.13 points, to finish at 17,792.68.
The NASDAQ nudged down -0.05 percent, -2.44 points, to end the day at 5102.48
The S&P 500 also slipped, -0.12 percent, -2.58 to close at 2,086.59
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $176.00 +0.74 (+0.42%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $203,799 -821. (-0.40%).
Carlyle Group (NASDAQ:CG) $17.94 +0.47 (+2.69%).
Cavco Industries, Inc. (NASDAQ:CVCO) $91.82 +0.25 (+0.06%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.75 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $59.75 +0.88 (+1.49%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $61.73 +0.22 (+0.36%).
Killam Properties Inc. (TSE:KMP) $10.57 -0.06 (-0.56%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.56 -0.11 (-0.62%).
Nobility Homes Inc. (OTCMKTS:NOBH) $11.65 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $40.69 +0.53 (+1.33%).
Skyline Corporation (NYSE:SKY) $3.57 +0.11 (+3.04%).
Sun Communities Inc. (NYSE:SUI) $67.14 +0.26 (+0.41%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $55.17 +0.01 (+0.02%).
UMH Properties, Inc. (NYSE:UMH) $9.41 +0.01 (+0.11%).
Universal Forest Products, Inc. (NYSE:UFPI) $77.59 +1.51 (+1.98%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.