FOX Icon Roger Ailes Dies, Skyline Plummets, Manufactured Housing CV, Broader Markets Rebound

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Credit: CNN Money.

Noteworthy headlines on – CNNMoney – California could be nation’s first sanctuary state. Fox News powerhouse Roger Ailes dies at 77. FCC votes to move forward with net neutrality rollback. Trump pulls trigger for NAFTA talks.

Some bullets from Fox BusinessDemocrats increase calls on Trump administration to guarantee middle class tax relief. U.S. FCC votes 2-1 to advance repeal of Obama-era internet rules. Dunkin’ Donuts vs. Starbucks: drink wars raging. Warren hammers Mnuchin on Glass-Steagall: “This Is Crazy.”

 

9 key market indicators, per Yahoo! Finance.

 

  • S&P 500 2,365.72 8.69 (0.37%)
  • Dow JIA 20,663.02 59.09 (0.27%)
  • Nasdaq 6,055.13 43.89 (0.73%)

 

  • Crude Oil 49.33 0.26 (0.53%)
  • Gold 1,246.10 -12.60 (-1.00%)
  • Silver 16.57 -0.34 (-2.02%)

 

  • EUR/USD 1.1103 -0.0063 (-0.57%)
  • 10-Yr Bond 2.223 0.017 (0.77%)
  • Russell 2000 1,361.08 5.19 (0.38%)

 

We Provide, You Decide.” ©

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Credit: Yahoo Finance.

Manufactured Housing Composite Value (MHCV) Ticker

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Credit: Yahoo Finance.

 

The MH Industry – Today’s Risers and Sliders

Top risers included Equity LifeStyle Properties and Sun Communities Inc. The Carlyle Group and Skyline led the sliders today.

While the broader markets and MHCV saw gains today, the rollercoaster ride for Skyline continued, with the stock down over 5 percent ending the day at $5.45. The high for stock over the last 12 months was on December 8th, when Skyline traded at $16.46 per share. Skyline is down 50.9 percent over the last 3 months and 49.1 percent since December 2016.

Recent industry commentary from Kevin Clayton during Berkshire Hathaway’s annual meeting is linked here.

 

NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII).

Dailymarketwrap5182017bloombergtickermanufacturedhousingindustryrelatedmarketreportdailybusinessnews-mhpronews
Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, 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, and when provided by third parties, are shared under fair use guidelines.)

 

rcwilliams-writer75x75manufacturedhousingindustrymhpronews
RC Williams, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

 

(Copyright Notice: This and all content on MHProNews and MHLivingNews always have been and are Copyrighted, © 2017 by MHProNews.com a dba of LifeStyle Factory Homes, LLC – All Rights Reserved. No duplication is permitted without specific written permission. Headlines with link-backs are of course ok. A short-quoted clip, with proper attribution and link back to the specific article are also ok – but you must send a notice to iReportMHNewsTips@mhmsm.com of the exact page you’ve placed/posted such a use, once posted.)

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