Noteworthy headlines on CNNMoney – ObamaCare premiums to soar 22%. GM doubles earnings as it moves past recall crisis. Chipotle customers still scared. Under Armour takes biggest plunge since 2009.
Some bullets from MarketWatch – Apple sales likely to fall again despite Samsung woes. Why Obamacare is in political purgatory. How the AT&T–Time Warner deal could turn into very bad news for the stock market. Whirlpool’s stock plunges toward biggest price decline in its 44-year public history.
Oil down 1.31%. Gold up 0.85.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,143.16 -8.17 (-0.38%)
Dow JIA 18,169.27 -53.76 (-0.30%).
Nasdaq 5,283.40 –26.43 (-0.50%).
The MH Industry – Today’s Risers and Sliders
Top two gainers for the day were The Carlyle Group LP (CG) and NorthStar Realty Finance Corp. (NRF). The top two sliders for the day were Universal Forest Products Inc. (UFPI) and Skyline Corp. (SKY). Killam and Deer Valley held steady, as those stocks are only being bought/sold periodically. (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.
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.