Dow Rises, Patrick Jumps, Palm Harbor Slumps

CNNMoney reports U.S. stocks rose from a noon low to gain 101.79 points following news of the impending resignation of Italy’s Prime Minister Silvio Berlusconi. The Dow Jones Industrial Average closed at 12170.18, a gain of 0.84 percent. The Yahoo! Finance Manufactured Housing Composite Value lost 0.69 percent to close at 863.70. Most tracked housing stocks gained. Affiliated Managers Group 94.10 +0.37 (+0.39%). Clayton Homes, Vanderbilt Mortgage and Finance and other MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 117,200.00 +1,600.00 (+1.38%). Cavco Industries 46.95 +1.15 (+2.51%). Champion, Deer Valley, and Liberty were all unchanged. Drew Industries 23.40 +0.48 (+2.09%). Equity Lifestyle Properties 66.23 -0.47 (-0.70%). Nobility Homes 6.65 +0.55 (+9.02%). Palm Harbor Homes suffered the biggest loss, falling 50 percent, 0.002 to 0.002. Patrick Industries posted the highest percentage of tracked stocks, gaining +0.25, a 10.64 percent increase, to close at 2.60. Skyline Corporation 6.98 +0.11 (+1.60%). Sun Communities 38.24 +0.14 (+0.37%). Third Avenue Value Fund (11-07) 44.00 +0.02 (+0.05%). UMH Properties 10.34 +0.32 (+3.19%). Universal Forest Products, Inc. 27.78 +0.71 (+2.62%).

(Graphic credit: CNNMoney and RealTick)


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