MHCV values in general went down 0.65% today. Several of the stocks we track went up: NOBH 6.49%, DW 3.00%, CG 2.32%, BRK.A 1.96%, LPX 1.04%.
Although the Dow went up 1.14% today, CNN Money tells MHProNews that Seattle isn’t the only place dealing with post-Super Bowl doom and gloom today. Major companies sound pessimistic about the future. From Caterpillar (CAT) to Microsoft (MFST, Tech30) to Procter & Gamble (PG), executives are bemoaning the fallout of the soaring U.S. dollar, tumbling oil prices, and lifeless overseas economies. Among the S&P 500 companies that have issued guidance for the first quarter so far, a whopping 87% warned their results will likely miss expectations, according to Goldman Sachs. That’s the worst prediction metric ever, at least in the eight years Goldman has been tracking it. Goldman called the level of negativity “astounding” as typically “only” 71% of S&P issue negative guidance at this time of the year.
Listed below are the closing numbers for today’s stock trading.
Dow Jones 17,361.04 +196.09 (1.14%).
S&P 500 2,020.85 +25.86 (1.30%).
Nasdaq 4,676.69 +41.45 (0.89%).
The Yahoo! Finance Manufactured Housing Composite Value (MHCV): Composite Value: 546.5 Today’s Change: -0.65%
As of approximately 4 PM ET: CNNMoney and Google Finance tell MHProNews:
Affiliated Managers Group, Inc. (NYSE: AMG) 207.22 +1.70 (0.83%).
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, 21st Mortgage Corp., and other factory built housing industry suppliers. 220,099.98 +4,234.98 (1.96%).
Carlyle Group (NASDAQ:CG) 26.91 +0.61 (2.32%).
Cavco Industries, Inc. (NASDAQ:CVCO) 74.27 +0.76 (1.03%)
Deer Valley Corporation (OTCMKTS:DVLY) 0.600 0.000 (0.00% Dec. 31).
Drew Industries, Inc. (NYSE:DW) 51.79 +1.51 (3.00%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) 54.93 +0.20 (0.37%).
Killam Properties Inc. (TSE:KMP) 10.96 -0.15 (-1.35%).
Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.150 +0.050 (50.00% Jan. 2).
Louisiana-Pacific Corporation (NYSE:LPX) 16.54 +0.17 (1.04%).
Nobility Homes Inc. (OTCMKTS:NOBH) 10.01 +0.61 (6.49% Feb. 2).
Skyline Corporation (NYSEMKT:SKY) 3.56 -0.19 (-5.07%).
Sun Communities Inc. (NYSE:SUI) 67.18 -0.55 (-0.81%).
Third Avenue Value Fund Institutional Class (OTCMKTS:TAVFX)55.25-0.46(-0.83% Jan. 30).
UMH Properties, Inc. (NYSE:UMH) 9.53 -0.10 (-1.04%).
Universal Forest Products, Inc. (NASDAQ:UFPI) 50.61 +0.55 (1.10%).
(Graphic credit: CNNMoney)
Article Submitted by Sandra Lane to – Daily Business News- MHProNews.