Manufactured Housing Composite Value and Dow continue Decline

stock-report-1-15-2014

Overall, MHCValue went down 5.55%.  Among our tracked MH connected stocks the exception was KMP, which experienced a .28% increase.

Marketwatch tells MHProNews that crude-oil futures settled sharply lower Thursday, erasing a surge higher that followed the Swiss National Bank’s decision to scrap a cap on its currency, as the U.S. dollar regained its footing and investors focused on OPEC’s downgraded forecast of demand for its crude.

Oil saw its biggest one-day jump since 2012 on Wednesday, in a move tied in part to options expiration activity, but it gave back most of that gain Thursday and remains near six-year lows.

The big news today occurred when Switzerland stunned markets by allowing its currency to trade freely against the euro.The Swiss National Bank said it was removing a cap of 1.2 Swiss francs to the euro, introduced during the Eurozone crisis in 2011 when a flood of cash sought refuge in the traditional safe haven. The shocking move underscores the turbulent state of the global economy.

Listed below are the closing numbers for today’s stock trading.

Dow                  17,320.71     -106.38    (-0.61%).

S&P 500             1,992.67       -18.60   (-0.92%).

Nasdaq               4,570.82       -68.50   (-1.48%).

The Yahoo! Finance Manufactured Housing Composite Value (MHCV): Composite Value: 542.0 Today’s Change: -5.55%.

As of approximately 4 PM ET: CNNMoney and Google Finance tell MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) 194.37  -3.67 (-1.85%).

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. 221,510.00  -368.00 (-0.17%).

Carlyle Group (NASDAQ:CG) 24.82 -0.43 (-1.70%).

Cavco Industries, Inc. (NASDAQ:CVCO)  71.21-3.91 (-5.21%).

Deer Valley Corporation (OTCMKTS:DVLY) 0.600  0.000 (0.00% Dec. 31).

Drew Industries, Inc. (NYSE:DW)  47.63  -0.62 (-1.28%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) 55.92 -0.38 (-0.67%).

Killam Properties Inc. (TSE:KMP) 10.60 +0.03 (0.28%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.100  0.000 (0.00% Jan. 8).

Louisiana-Pacific Corporation (NYSE:LPX) 15.55 -0.61 (-3.77%).

Nobility Homes Inc. (OTCMKTS:NOBH) 9.50 -0.25 (-2.56% Jan. 15).

Patrick Industries, Inc. (NASDAQ:PATK) 41.20 -0.59 (-1.41%).

Skyline Corporation (NYSEMKT:SKY) 3.45 -0.12 (-3.36%).

Sun Communities Inc. (NYSE:SUI) 66.65 -0.55 (-0.82%).

Third Avenue Value Fund Institutional Class (OTCMKTS:TAVFX) 55.04-0.61 (-1.10% Jan. 14).

UMH Properties, Inc. (NYSE:UMH) 9.48 -0.29 (-2.97%).

Universal Forest Products, Inc. (NASDAQ:UFPI) 50.06 -2.80 (-5.30%).

(Graphic credit: CNNMoney)

sandra-lane-daily-business-news-mhpronews-com-75x75-Article Submitted by Sandra Lane to – Daily Business News- MHProNews.

 

 

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top