In the news from CNNMoney: NFL Commissioner Roger Goodell takes $1 million pay cut to $34 million. Bernie Madoff hates the ABC show about him. Home security giant ADT sells for $7 billion. Berkshire Hathaway to livestream shareholders meeting. Russian vodka exports fall 40 percent because of sanctions. China’s big bet on Latin America going nowhere. Iran undergoing stock rally. New sound technology can pinpoint gunshots within a few feet of accuracy.
On the Big Board:
The Dow Jones Industrial Average advanced +1.39 percent, +222.57 points, to close at 16,196.41.
The NASDAQ gained more than the other major indices +2.27 percent, +98.45 points to finish at 4,435.96.
The S&P 500 also moved up, +1.65 percent, +30.80 points, to end the day at 1,895.58.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) rose +0.28 percent to finish at 1061. All except one MH-related stock closed up or even. Nobility Homes gained +7.00 percent, +0.85 points to close at 13.00. Berkshire Hathaway was the only active stock we cover trading today that fell, -0.28 percent, -534. points to close at $193,465.
Affiliated Managers Group, Inc. (NYSE: AMG) $126.62 +2.20 (+1.77%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $193,465 -534.00 (-0.28%).
Carlyle Group (NASDAQ:CG) $13.40 +0.52 (+3.99%).
Cavco Industries, Inc. (NASDAQ:CVCO) $78.21 +1.39 (+1.81%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.63 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $58.88 +0.88 (+1.52%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $67.42 +1.39 (+2.11%).
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) $14.64 +0.22 (+1.53%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.00 +0.85 (+7.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $34.19 +1.75 (+5.42%).
Skyline Corporation (NYSE:SKY) $4.11 +0.10 (+2.49%).
Sun Communities Inc. (NYSE:SUI) $65.86 +0.98 (+1.51%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $41.51 +1.06 (+2.62%).
UMH Properties, Inc. (NYSE:UMH) $9.32 +0.11 (+1.19%).
Universal Forest Properties, Inc. (NYSE:UFPI) $62.22 +0.30 (+0.48%). ##
Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.