In the news from CNNMoney: McDonald’s testing fresh beef hamburgers at select outlets in Texas. Alcohol sales fall for first time in 20 years. Subaru tells drivers of recalled autos: stop driving now. Just ahead of the Olympics: Can a new president save Brazil’s crippled economy. Nissan to spend $2.2 billion to rescue scandal-ridden Mitsubishi. Americans are shopping again. Global bank hackers strike again. Tim Cook going to Beijing with $1 billion in goodwill.
On the Big Board:
The Dow Jones Industrial Average nudged down -1.05 percent, -185.18 points, to end the week at 17,535.32
The NASDAQ dropped -0.41 percent, -19.65 points to close at 4,717.68.
The S&P 500 nudged down -0.85 percent, -17.50 points, to close at 2,046.61.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) nudged up +0.06 percent to finish at 1377.3.. Active MH-related stocks closed mixed, or even, although Patrick Industries gained +2.53 percent, +1.20 points, to end the day at $48.62. Affiliated Managers fell more than other tracked stocks, -3.22 percent, -5.42 points to end the day at $162.92.
Affiliated Managers Group, Inc. (NYSE: AMG) $162.92 -5.42 (-3.22%)
Berkshire Hathaway Inc. (NYSE:BRKA) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers 212,140.– 2,720.00 -(-1.27%).
Carlyle Group (NASDAQ:CG) $15.80 -0.07 (-0.44%).
Cavco Industries, Inc. (NASDAQ:CVCO) $95.91 -0.54 (-0.56%).
Deer Valley Corporation (OTCMKTS:DVLY) $ 0.65 0.00 (0.00%).
Drew Industries, Inc. (NYSE:DW) $73.36 +0.31 (+0.42%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $73.41 -0.23 (-0.31%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Louisiana-Pacific Corporation (NYSE:LPX) $18.19 +0.15 (+0.83%).
Nobility Homes Inc. (OTCMKTS:NOBH) $15.00 0.00 (0.00%)
Northstar Realty Finance Corp. (NYSE:NRF) $12.99 -0.11 (-0.84%)
Patrick Industries, Inc. (NASDAQ:PATK) $48.62 +1.20 (+2.53%).
Skyline Corporation (NYSE:SKY) $9.78 +0.03 (+0.31%).
Sun Communities Inc. (NYSE:SUI) $70.85 -0.52 (-0.73%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $49.22 -0.18 (-0.36%)
UMH Properties, Inc. (NYSE:UMH) $9.89 +0.05 (+0.51%).
Universal Forest Properties, Inc. (NYSE:UFPI) $81.67 -1.03 (-1.25%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.