Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews is add tweaking some features, in an ongoing effort to provide ever-more useful and balanced information to professional readers, researchers and investors.
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Noteworthy headlines on CNNMoney – Trump should fire CFPB Director Richard Cordray: GOP. VW committed to Mexico, but workers worry. Don Peebles: Trump will help create “upward mobility” for minorities. Nissan wants to remotely pilot self-driving cars.
Bullets from Fox Business – Wal-Mart plans to cut hundreds of jobs by January’s end. Obama says farewell as his federal legacy unravels. EU privacy proposal could dent Facebook, Gmail ad revenue. Oil extends losses as dollar recovers, OPEC cut doubts weigh.
Key Commodities
Crude Oil 50.79 –1.17 (-2.25%) Gold 1,187.70 2.80 (0.24%) Silver 16.83 0.14 (0.85%)
The markets at the Closing Bell Today…
S&P 500 2,268.90 0.00 (0.00%)
Dow 30 19,855.53 –31.85 (-0.16%)
Nasdaq 5,551.82 20.00 (0.36%)
Russell 2000 1,370.90 13.41 (0.99%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Skyline Corp (SKY) and LCI Industries Inc. (LCII).
The top two sliders for the day were Equity LifeStyle Properties Inc. (ELS) and Sun Communities Inc. (SUI).
Manufactured Housing Composite Value (MHCV) Ticker
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII).
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
(Image credits are as shown above.)
Submitted by RC Williams to the Daily Business News for MHProNews.
