Noteworthy headlines on – CNNMoney – Wells Fargo scandal: 4 senior employees fired. Move over, Amazon: Here comes Walmart. Milo Yiannopoulos resigns from Breitbart. Whopper of a deal: Burger King owner buys Popeye’s.
Some bullets from Fox Business – Chinese companies rush to trademark “Ivanka” for their businesses. Wall St hits record high, boosted by Wal-Mart. Young Americans for Liberty on mission to restore free speech in U.S. college campuses. Home Depot shoppers on spending spree despite rising mortgage rates.
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Crude Oil 54.38 0.60 (1.12%) Gold 1,236.80 –2.30 (-0.19%) Silver 18.04 –0.06 (-0.35%)
The markets at the Closing Bell Today…
S&P 500 2,365.38 14.22 (0.60%)
Dow 30 20,743.00 118.95 (0.58%)
Nasdaq 5,865.95 27.37 (0.47%)
Russell 2000 1,410.34 10.48 (0.75%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Skyline Corp. (SKY) and Universal Forest Products Inc. (UFPI).
There were no sliders for the day, as Killam and Third Avenue Value Fund were not active.
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 has 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.