MHCV, Broader Markets Hit Hard, Affiliated Managers Group Lone Bright Spot

Credit: CNN Money.

Noteworthy headlines on CNNMoney – America’s truckers getting biggest pay raises. Gas price spikes, shortages coming after pipeline blast. How much you’ll really pay for Obamacare. Super-rich investigated for paying too little tax.

Some bullets from MarketWatch – Apple’s stock suffering fifth straight loss after earnings. Bank of America cuts British pound forecast to $1.15. Bricklayer beware: This robot could build your next house.

Oil down 0.25%. Gold up 1.27.

Three Major U.S. Market Tickers and closing numbers at the bell today…

S&P 500 2111.72 -14.43 (-0.68%)

Dow JIA 18,037.10 -105.32 (-0.58%).

Nasdaq 5,153.58 -35.56 (-0.69%).


Image credit, Yahoo, posted for the Daily Business News, MHProNews.


The MH Industry – Today’s Risers and Sliders

Top gainer for the day was Affiliated Managers Group Inc. (AMG). The top two sliders for the day were Patrick Industries Inc. (PATK) and UMH Properties Inc. (UMH). Killam held steady, as the stock is only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).


Manufactured Housing Composite Value Ticker

Credit: Yahoo Finance.

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

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.  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.)

RC Williams, for Daily Business News, MHProNews.

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

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