In the news from CNNMoney: VW has chosen new CEO. The Oak Ridge National Laboratories has developed a way to charge your electric car while on the road. Traverse City, Michigan is best U. S. beer town. America’s companies are hoarding $1.4 trillion in cash. GroupOn is laying off 1,100 employees. Hudson City Savings Bank in New Jersey fined $33 million for alleged racial discrimination.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) fell -0.93 percent to close at 905. Manufactured housing related stocks we cover closed mixed, or even. Cavco Industries gained the most of tracked stocks, +2.35 percent to close at $69.92. Patrick Industries fell the most of stocks we follow, -2.01 percent to end the week at $39.85.
On the Big Board:
The Dow Jones Industrial Average moved up +0.70 percent, +113.35 points, to end the week at 16,314.67
The NASDAQ fell more than the other two indices, -1.01 percent, -47.98 points, to finish at 4,686.50.
The S&P 500 nudged down -0.05 percent, -0.90 points, to close at 1,931.34.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $170.59 +0.58 (+0.34%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $194,620 +820.00 (+0.42%).
Carlyle Group (NASDAQ:CG) $18.38 -0.20 (-1.08%).
Cavco Industries, Inc. (NASDAQ:CVCO) $69.92 +1.60 (+2.35%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $53.21 +0.22 (+0.42%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $57.85 +0.40 (+0.69%).
Killam Properties Inc. (TSE:KMP) $9.91 +0.06 (+0.61%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $15.26 +0.06 (+0.39%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.75 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $39.85 -0.82 (-2.01%).
Skyline Corporation (NYSE:SKY) $2.90 0.00 (0.00%).
Sun Communities Inc. (NYSE:SUI) $67.56 0.00 (0.00%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $49.99 -0.32 (-0.64%).
UMH Properties, Inc. (NYSE:UMH) $9.40 -0.15 (-1.57%).
Universal Forest Products, Inc. (NYSE:UFPI) $59.46 -0.27 (-0.45%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.