Monday, April 9, 2012

Daily Business News - MH Marketing Sales Management

CNNMoney tells MHProNews.com stocks dropped sharply following the news Friday that the economy only added 120,000 jobs in March, resulting in the Dow Jones Industrial Average falling 1.00 percent, -130.55 points, to close under 13,000 at 12,929.59. The Nasdaq likewise dropped a little more than one percent, -33.42 points, to close at 3,047.08; the S&P also lost just above a percentage point to close at 1,382.20. The Yahoo! Finance Manufactured Housing Composite lost -1.95 percent to close at 1,032.8. All the housing stocks we track closed down or even except Third Avenue Value Fund (4-5) which gained +0.31 percent, +0.14, to close at 45.33. Patrick Industries fell the most, -9.32 percent, -0.94, to close at 9.15. Affiliated Managers Group 110.62 -2.56 (-2.26%). Cavco 45.02 -1.56 (-3.35%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 119,700 -1595.00 (-1.31%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Drew Industries 26.88 -0.64 (-2.33%). Equity Lifestyle Properties 67.91 -1.27 (-1.84%). Louisiana Pacific Corp. 8.81 -0.17 (-1.89%). Nobility Homes remained unchanged at 7.02. Skyline Corp. 6.83 -0.17 (-2.43%). Sun Communities 42.30 -0.65 (-1.51%). UMH Properties 11.44 +0.06 (-0.52%). Universal Forest Products 32.52 -1.04 (-3.10%).

(Graphic credit: CNNMoney and RealTick)

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