In CNN News: President Obama’s trade deal denied by Congress, chicken chains clucking all the way to the bank, Cartier boss says rising inequality will lead to class war, and the Kurdish Regional Government says its fight against ISIS is being hindered due to the failure of the Iraqi government to promptly transfer funds for oil exports.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.14 percent, besting the Dow, to end the week at 724.5. Manufactured housing stocks we cover mostly closed slightly mixed or even, except for Nobility Homes which spiked +10.64 percent, probably due to a positive earnings report as MHProNews published yesterday, June 11. Killam Properties fell the most of stocks we follow, -1.36 percent.
On the Big Board:
The Dow Jones Industrial Average fell -0.78 percent, -140.53 points, to end the week at 17,898.04
The NASDAQ dropped -0.62 percent, -31.41, to close at 5,051.10.
The S&P 500 fell -0.70 percent, -14.75 points, to end at 2,094.11.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $222.01 -2.14 (-0.96%)
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $210,760 -1,180.00 (-0.56%)
Carlyle Group (NASDAQ:CG) $28.74 -0.33 (-1.14%).
Cavco Industries, Inc. (NASDAQ:CVCO) $76.12 -0.15 (-0.20%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $57.72 +0.46 (+0.80%)
Equity LifeStyle Properties, Inc. (NYSE:ELS) $53.07 +0.07 (+0.14%)
Killam Properties Inc. (TSE:KMP) $10.15 -0.14 (-1.36%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.05 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.67 -0.01 (-0.06%).
Nobility Homes Inc. (OTCMKTS:NOBH) $10.50 +1.01 (+10.64%).
Patrick Industries, Inc. (NASDAQ:PATK) $36.81 +0.12 (+0.33%).
Skyline Corporation (NYSE:SKY) $3.16 +0.02 (+0.64%)
Sun Communities Inc. (NYSE:SUI) $62.23 -0.13 (-0.21%)
Third Avenue Value Instl (OTCMKTS:TAVFX) $59.23 +0.09 (+0.15%).
UMH Properties, Inc. (NYSE:UMH) 9.47 -0.04 (-0.42%)
Universal Forest Products, Inc. (NYSE:UFPI) $53.99 -0.25 (-0.46%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNew.