In the news from CNNMoney: Many stocks fall on disappointing corporate third quarter results. IBM being investigated by the FBI. CEO raises company minimum wage to $70,000. Cheap oil forcing Saudi Arabia to consider ending gas subsidies. If Uber succeeds in its next fundraising, it will be worth $60-70 billion—more than the value of the companies that make the cars its drivers use. SkyTran’s sky taxis set to make its debut in Israel.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) lost -2.15 percent to close at 1029.8. All except one manufactured housing related stocks we cover closed down, or even. Equity LifeStyle Properties was the only tracked stock that rose, gaining 1.07 recent, to end the trading day at $62.30. Skyline Corp, which led gainers the past two days, fell the most of tracked stocks, -10.08 percent to close at $3.02.
On the Big Board:
The Dow Jones Industrial Average slipped -0.24 percent, -41.62 points, to end the day at 17,581.43.
The NASDAQ slipped -0.09 percent, -4.55 points, to end at 5,030.15.
The S&P 500 nudged down -0.26 percent, -5.29 points, to close at 2,065.89.
As of 4 PM ET, CNNMoney Finance tells MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) $178.57 -2.45 (-1.35%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $203,280 -2,100.00 (-1.02%).
Carlyle Group (NASDAQ:CG) $19.26 -0.11 (-0.57%).
Cavco Industries, Inc. (NASDAQ:CVCO) $80.56 -0.48 (-0.59%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.70 0.00 (0.00 %).
Drew Industries, Inc. (NYSE:DW) $59.72 -0.86 (-1.42%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $62.30 +0.65 (+1.07%).
Killam Properties Inc. (TSE:KMP) $10.58 -0.14 (-1.31%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).
Louisiana-Pacific Corporation (NYSE:LPX) $17.26 -0.50 (-2.82%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.85 0.00 (0.00%).
Patrick Industries, Inc. (NASDAQ:PATK) $45.40 -0.59 (-1.28%).
Skyline Corporation (NYSE:SKY) $3.21 -0.36 (-10.08%).
Sun Communities Inc. (NYSE:SUI) $69.61 -1.03 (-1.46%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $53.48 -0.48 (-0.89%).
UMH Properties, Inc. (NYSE:UMH) $10.06 -0.26 (-2.52%).
Universal Forest Products, Inc. (NYSE:UFPI) $73.14 -0.53 (-0.72%). ##
(Graphic credit: CNNMoney)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.