In the news from CNNMoney: Cheap oil is crushing Middle Eastern countries. Donald Trump’s suits and ties are made in China. Shake Shack may be losing the burger wars. Olive oil prices rose 20 percent in 2015. Google launches travel service. UK’s Powa Technologies once worth $2.7 billion, now bankrupt. Amazon’s Jeff Bezos says he will put tourists into space by 2018. Bill Gates says best decision he ever made was marrying his wife.
On the Big Board:
The Dow Jones Industrial Average nudged up +0.21 percent, +36.26 points to end the day at 17,000.36.
The NASDAQ moved up +0.55 percent, +25.55 points to close at 4,674.38
The S&P 500 edged up +0.51 percent, +10.00 points, to end at 1,989.26.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) spiked +7.23 percent to finish at 1182.7. Active MH-related stocks closed mixed or even in today’s trading. Cavco Industries gained the most, +2.10 percent, +1.81 points, to close at 88.11. Third Avenue Value Fund lost the most of active tracked stocks, -2.14 percent, -1.00 points to close at 45.76.
Affiliated Managers Group, Inc. (NYSE: AMG) $147.27 -0.06 (-0.03%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $209,250 +1,261.00 (+0.61%).
Carlyle Group (NASDAQ:CG) $16.05 -0.0.35 (-0.21%).
Cavco Industries, Inc. (NASDAQ:CVCO) $88.11 +1.81 (+2.10%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.69 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $62.35 +0.39 (+0.63%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $71.91 +0.48 (+0.67%).
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) $15.99 +0.20 (+1.27%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $12.92 +0.22 (+1.73%)
Patrick Industries, Inc. (NASDAQ:PATK) $43.98 +0.79 (+1.83%).
Skyline Corporation (NYSE:SKY) $4.85 +0.05 (+1.04%).
Sun Communities Inc. (NYSE:SUI) $67.06 +0.18 (+0.27%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $45.76 -1.00 (-2.14%).
UMH Properties, Inc. (NYSE:UMH) $9.60 -0.03 (-0.37%).
Universal Forest Properties, Inc. (NYSE:UFPI) $79.48 +1.42 (+1.82%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.