CNNMoney says: Verizon buys AOL for $4.4 billion, Germans are buying gold at a frantic pace (people typically invest in gold when they fear for their economic future), and Whole Foods is preparing to offer a lower cost line of goods.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +2.18 percent, reversing four days of losses to close at 663.6. Most manufactured housing stocks we cover advanced, or closed even, in today’s trading. Patrick Industries moved up more than other stocks we follow, +2.89 percent, while Nobility Homes fell more than other tracked stocks, -4.44 percent.
On the Big Board:
The Dow Jones Industrial Average advanced 1.06 percent, +191.75 points, to close at 18,252.24.
The NASDAQ moved up +1.39 percent, +69.11 points, to close at 5,050.80.
The S&P 500 also gained, +1.08 percent, +22.62 points, to end at 2,121.10.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $223.37 +2.41 (+1.09%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $219,270.00 +2,070.00 (+0.95%)
Carlyle Group (NASDAQ:CG) $29.73 +0.05 (+0.54%).
Cavco Industries, Inc. (NASDAQ:CVCO) $69.09 +1.41 (+2.08%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.35 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $60.83 +1.08 (+1.81%)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $54.05 +1.32 (+2.50%)
Killam Properties Inc. (TSE:KMP) $10.58 +0.03 (+0.28%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.05 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.34 +0.33 (+1.94%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.75 -0.50 (-4.44%).
Patrick Industries, Inc. (NASDAQ:PATK) $59.38 +1.67 (+2.89%).
Skyline Corporation (NYSE:SKY) $3.31 -0.07 (-2.07%)
Sun Communities Inc. (NYSE:SUI) $63.64 +1.69 (+2.73%)
Third Avenue Value Instl (OTCMKTS:TAVFX) $58.54 +0.15 (+0.26%).
UMH Properties, Inc. (NYSE:UMH) 10.00 +0.04 (+0.40%)
Universal Forest Products, Inc. (NYSE:UFPI) $56.16 +0.22 (+0.39%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.