Skyline Gained Sharply, while the Dow reclaimed +227.64 points

stock_report_Jan_14In the news from CNNMoney: Oil is not expected to rebound anytime soon, but will the U.S. have to bail out the domestic oil industry? Oil has fallen from $108/bbl to $30/bbl in just 18 months, and $380 billion in projects related to the industry have been put on hold. Boston Scientific accused of using counterfeit ingredients. The Dow has its best day since early December. JP Morgan Chase reports $5.4 billion profit.

On the Big Board:

The Dow Jones Industrial Average regained about two-thirds of the points it lost yesterday, moving up +1.41 percent, +227.64 points, to end at 16,379.05.

The NASDAQ advanced more than the other two major indices, +1.96 percent, moving up +88.93 points, to end the day at 4,615.00.

The S&P 500 similarly regained lost ground, +1.67 percent, +31.56 points, to finish at 1,921.84.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) nudged up +0.58 percent to finish at $1085.3. Tracked stocks we follow closed mixed or even. Skyline Corp. gained sharply, +11.77 percent, +0.45 points to close at $4.20. Carlyle Group also gained nicely, moving up +7.61 percent. Cavco Industries fell the most of tracked stocks, -2.04 percent, -1.66 points, to end the trading day at $79.60

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $132.01 +0.85 (+0.65%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $192,250 +1,751.00 (+0.92%).

Carlyle Group (NASDAQ:CG) $13.43 +0.95 (+7.61%).

Cavco Industries, Inc. (NASDAQ:CVCO) $79.60 -1.66 (-2.04%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.68 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $53.34 -0.42 (-0.78%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $64.81 -0.48 (-0.74%).

Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%).

Louisiana-Pacific Corporation (NYSE:LPX) $16.04 -0.03 (-0.19%).

Nobility Homes Inc. (OTCMKTS:NOBH) $14.00 0.00 (0.00%)

Patrick Industries, Inc. (NASDAQ:PATK) $34.49 +0.97 (+2.89%).

Skyline Corporation (NYSE:SKY) $4.20 +0.45 (+11.77%).

Sun Communities Inc. (NYSE:SUI) $66.80 -0.39 (-0.58%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $44.58 +0.49 (+1.11%).

UMH Properties, Inc. (NYSE:UMH) $9.37 -0.03 (-0.32%).

Universal Forest Properties, Inc. (NYSE:UFPI) $65.71 +1.05 (+1.63%). ##

(Graphic credit: CNNMoney)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.


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