Noteworthy headlines on – CNNMoney – AT&T agrees to bring 3,000 jobs back to U.S. Snap is worth more than Delta, Target and CBS. Mexican firm faked the building of 100K homes: SEC. A high school made millions from Snap’s IPO.
Some bullets from Fox Business – Yellen signals March rate hike and faster pace of future increases. Mercedes is calling back 354,000 vehicles. Trump praises Nick Adams and merit-based immigration system. Caterpillar CEO apologizes to employees after Feds raid offices.
“We Provide, You Decide.” ©
Key Commodities
Crude Oil 53.21 0.60 (1.14%) Gold 1,234.90 2.00 (0.16%) Silver 17.94 0.24 (1.36%)
The markets at the Closing Bell Today…
S&P 500 2,383.12 1.20 (0.05%)
Dow 30 21,005.71 2.74 (0.01%)
Nasdaq 5,870.75 9.53 (0.16%)
Russell 2000 1,394.13 –1.54 (-0.11%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Skyline Corp. (SKY) and Patrick Industries Inc. (PATK).
The top two sliders for the day were Universal Forest Products Inc. (UFPI) and UMH Properties Inc. (UMH).
Manufactured Housing Composite Value (MHCV) Ticker
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed their name and trading symbol at the end of 2016 to Lippert (LCII).
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.)
Submitted by RC Williams to the Daily Business News for MHProNews.
