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9 key market indicators, ‘at the closing bell…’
S&P 500 2,437.03 -16.43 (-0.67%)
Dow 30 21,467.14 -61.85 (-0.29%)
Nasdaq 6,188.03 -50.98 (-0.82%)
Crude Oil 43.34 -0.86 (-1.95%)
Gold 1,243.40 -3.30 (-0.26%)
Silver 16.42 -0.08 (-0.47%)
EUR/USD 1.1128 -0.0022 (-0.20%)
10-Yr Bond 2.15 -0.04 (-1.69%)
Russell 2000 1,402.98 -15.11 (-1.07%)
Manufactured Housing Composite Value 6.20.2017
Today’s Big Movers
Skyline jumps and LCII lead the gainers. Brookfield and UMH lead the decliners. See below for all the ‘scores and highlights.’
Today’s MH Market Spotlight Report – Clayton’s Summit Homes
Summit Homes, Clayton Properties Subsidiary, Donates $718k To St. Jude Hospital
Builder reports that conventional housing builder, Summit Homes, a Berkshire Hathaway subsidiary through Clayton Properties Group, presented St. Jude Children’s Research Hospital representatives a check for $718,000 following the sale of the builder’s 2017 St. Jude Dream Home Showplace.
“Our team is thrilled to make this donation following the close of our sixth St. Jude Dream Home campaign here in Kansas City,” said Zalman Kohen, COO for Summit Homes. “We’re proud to support St. Jude’s lifesaving treatment and research efforts.”
Summit was acquired by Berkshire Hathaway unit Clayton on Nov 1, 2016.
Berkshire Hathaway’s annual report indicates that some 14 percent of Clayton revenue is expected to come from their conventional housing operations.
Summit was named the St. Jude Dream Home Builder for Kansas City in 2011. Since then, nearly $6 million was raised by the builder to support the children’s cancer center hospital. For ways to donate or get involved with St. Jude Children’s Research Hospital, visit stjude.org.
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses.
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