In the news from CNNMoney: College enrollment is dropping. The Central States Pension Fund will be insolvent in ten years without government money for 407,000 members. Can Egyptian tourism survive another airline disaster. VW gives 120,000 workers a 5 percent raise. British CEOs should take a 50 percent pay cut. Spotify may move from Sweden to NYC. New York Times gets into food delivery. India’s massive garbage fire seen from outer space.
On the Big Board:
The Dow Jones Industrial Average nudged up +0.38 percent, +65.54 points, to end the week at 17,500.94.
The NASDAQ edged up +1.21 percent, +57.03 points to close at 4,769.56
The S&P 500 advanced +0.60 percent, +12.28 points, to close at 2,052.32
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) edged up 1.27 percent to finish at 1367.8. All active MH-related stocks closed up, or even, except for one stock, but Patrick Industries, Inc. advanced the most, gaining +4.64 percent, +2.26 points, to close at $50.94. Third Avenue Value was the only tracked stock to fall, -0.69 percent, -0.34 points to end the day at $49.02.
Affiliated Managers Group, Inc. (NYSE: AMG) $165.35 +3.60 (+2.23%)
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 212,833. +1,653. (+0.78%).
Carlyle Group (NASDAQ:CG) $16.29 +0.40 (+2.52%).
Cavco Industries, Inc. (NASDAQ:CVCO) $94.25 +0.68 (+0.73%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $74.42 +1.00 (+1.36%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $72.38 +0.30 (+0.42%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $17.68 +0.10 (+0.57%).
Nobility Homes Inc. (OTCMKTS:NOBH) $13.25 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $12.62 +0.15 (+1.20%)
Patrick Industries, Inc. (NASDAQ:PATK) $50.94 +2.26 (+4.64%).
Skyline Corporation (NYSE:SKY) $9.48 +0.18 (+1.94%).
Sun Communities Inc. (NYSE:SUI) $69.35 +1.11 (+1.63%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $49.02 -0.34 (-0.69%).
UMH Properties, Inc. (NYSE:UMH) $9.69 +0.09 (+0.94%).
Universal Forest Properties, Inc. (NYSE:UFPI) $81.30 +1.35 (+1.69%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily business News-MHProNews.