While manufactured and modular housing is far from shale oil- and gas-dependent, certainly there are boom markets where shale development created additional demand for workforce and other housing. In the big business of big oil, OPEC nations voted to squeeze U.S. shale oil producers, by seeking to move oil prices even lower. Which will flinch first, and how will relations with Saudi Arabia and the U.S. fare due to such pressures?
The markets generally rose. MH related results were mixed. Here is the blow by blow on Black Friday.
Dow 17,828.24 +0.49 +0.00%.
Nasdaq 4,791.63 +4.31 +0.09%.
S&P 500 2,067.56 -5.27 -0.25%.
The Yahoo! Finance Manufactured Housing Composite Value (MHCV): 600.9
Today’s Change: -0.44%.
As of approximately 4 PM ET, CNNMoney and Google Finance tell MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) 203.59 +0.42 (0.21%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st, Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – 223,065.00 +654.00 (0.29%).
Carlyle Group (NASDAQ:CG) 28.63 -0.42 (-1.45%).
Cavco Industries, Inc. (NASDAQ:CVCO) 74.13 -1.93 (-2.54%).
Deer Valley Corporation (OTCMKTS:DVLY) 0.850 0.000 (0.00% close Nov 13).
Drew Industries, Inc. (NYSE:DW) 47.10 -0.18 (-0.38%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) 49.61 +0.28 (0.57%).
Killam Properties Inc. (TSE:KMP) 10.66 +0.06 (0.57%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.120 0.000 (0.00% Nov 3rd).
Louisiana-Pacific Corporation (NYSE:LPX) 15.24 -0.28 (-1.80%).
Nobility Homes Inc. (OTCMKTS:NOBH) 10.25 0.00 (0.00% Nov 26th).
Patrick Industries, Inc. (NASDAQ:PATK) 44.59 -1.07 (-2.34%).
Skyline Corporation (NYSEMKT:SKY) 3.86 -0.03 (-0.89%). See related story, in our Saturday morning edition.
Sun Communities Inc. (NYSE:SUI) 58.89 -0.05 (-0.08%).
Third Avenue Value Instl (OTCMKTS:TAVFX) 61.520 .00 (0.00% 26th).
UMH Properties, Inc. (NYSE:UMH) 9.58 -0.11 (-1.14%).
Universal Forest Products, Inc (NYSE:UFPI) 47.74 -1.32 (-2.69%).
Which is best – Black Friday or Cyber Monday? CNN shares the following video to fuel the debate, enjoy.
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(Graphic credit: CNNMoney)
