Friday, October 19, 2012

Patrick Moves Up, UFPI Drops Precipitously | Daily Business News

U.S. stocks took a slight tumble as investors eye a Chinese economic slowdown, a growth in first-time unemployment claims, and a bad earnings report card from Google. CNNMoney says the Dow Jones Industrial Average fell -0.06 percent today, -8.06 points, to close at 13,548.94. The Nasdaq lost -1.01 percent, -31.25 points to close at 3072.87. The S&P also dropped, -0.24 percent, -3.57 points to close at 1,457.34. The Yahoo! Finance Manufactured Housing Composite moved down -0.83 percent to close at 1142.1. Housing stocks we track closed mixed or even. Patrick Industries advanced the most of stocks we follow, gaining +2.99 percent, +0.58, to end the trading day at 20.00. UFPI dropped the most of tracked stocks, -11.69 percent, -4.94, to close at 37.31. Affiliated Managers Group 125.89 -0.42 (-0.33%). Cavco Industries 46.53 -0.68 (-1.44%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 135,652 -114.00 (-0.13%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 31.82 -0.43 (-1.33%). Equity LifeStyle Properties 67.38 +0.63 (+0.94%). Louisiana Pacific Corp. 15.71 +0.26 (+1.68%). Nobility Homes 5.50 -0.25 (-4.35%). Skyline Corp 4.64 -0.26 (-5.31%). Sun Communities, Inc. 44.49 +0.57 (+1.30%). Third Avenue Value Fund (Oct. 17) 49.27 +0.36 (+0.74%). UMH 11.39 +0.06 (+0.53%).

(Graphic credit: CNNMoney and RealTick)

Source: http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/patrick-moves-up-ufpi-drops-precipitously/

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