Noteworthy headlines on CNNMoney –Is Kroger going to buy Whole Foods? Plunging Pound is crushing retirement dreams. Florida coast battered by Matthew (see Daily Business News item here). India busts bogus call centers for posing as the IRS.
Some bullets from MarketWatch – Consumer credit surges 8.5% in August. U.S. blames Russia for election-year hacking incidents. U.S. adds 156,000 new jobs in September.
Oil down 1.63%. Gold up 0.45.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,153.74 -7.03 (-0.33%)
Dow JIA 18,240.49 -28.01 (-0.15%).
Nasdaq 5,292.40 -14.45 (-0.27%).
The MH Industry – Today’s Risers and Sliders
Top two gainers for the day were Sun Communities Inc. (SUI) and Berkshire Hathaway Inc. (BRK/A). The top two sliders for the day were Patrick Industries (PATK) and Skyline Corp. (SKY). Killam and Deer Valley held steady, as those stocks are only being bought/sold periodically. Third Avenue Value Fund did not trade today. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).
Skyline spotlighted in a report linked here.
Sun Communities spotlighted in a report linked here.
Manufactured Housing Composite Value Ticker
Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
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.
