Both Wal-Mart and Home Depot reported strong Q2 results and sent stock prices broadly higher. The Dow Jones Industrial Average rose 104 points, or 1%, to 10,406. Good news from retailers is good news for broadcasters.
The RBR Radio Index was up 2.831, or 1.1%, to 256.105.
The TVBR Television Index was up 4.472, or 2.6%, to 179.840.
Winners
Salem, up 20.3%
Nexstar, up 6.4%
LIN, up 4.07%
Losers
Radio One, down 13.4%
CC Media, down 5.4%
Beasley, down 4.2%
Radio Stocks |
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Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$25.59 |
$0.28 |
Beasley * |
BBGI |
$4.08 |
-$0.18 |
CBS Cl. B |
CBS |
$14.14 |
$0.01 |
CBS Cl. A |
CBSa |
$14.15 |
$0.03 |
CC Media * |
CCMO |
$6.15 |
-$0.35 |
Cumulus * |
CMLS |
$2.43 |
$0.08 |
Debut |
DBTB |
$0.05 |
$0.00 |
Disney |
DIS |
$33.76 |
$0.10 |
Emmis * |
EMMS |
$2.04 |
-$0.04 |
Entercom * |
ETM |
$6.78 |
$0.30 |
Entravision |
EVC |
$1.99 |
-$0.02 |
Fisher |
FSCI |
$16.88 |
$0.36 |
|
GOOG |
$490.52 |
$4.93 |
Journal |
JRN |
$4.20 |
$0.10 |
Lincoln Natl. |
LNC |
$22.46 |
$0.21 |
Radio One A |
ROIA |
$0.89 |
-$0.10 |
Radio One D * |
ROIAK |
$0.71 |
-$0.11 |
Salem * |
SALM |
$3.44 |
$0.58 |
SBS * |
SBSA |
$1.07 |
$0.00 |
Saga * |
SGA |
$20.50 |
$0.40 |
Sirius XM |
SIRI |
$1.00 |
$0.00 |
Westwood* |
WWON |
$6.45 |
$0.24 |
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* Component of the RBR Radio Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |
Television Stocks |
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Company |
Symbol |
Close |
Change |
ACME * |
ACME.PK |
$1.05 |
$0.04 |
Belo * |
BLC |
$5.63 |
$0.23 |
CBS Cl. B * |
CBS |
$14.14 |
$0.01 |
CBS Cl. A |
CBSa |
$14.15 |
$0.03 |
Disney |
DIS |
$33.76 |
$0.10 |
Entravision * |
EVC |
$1.99 |
-$0.02 |
Fisher * |
FSCI |
$16.88 |
$0.36 |
Gannett |
GCI |
$12.73 |
$0.13 |
Gen. Elec. |
GE |
$15.58 |
$0.12 |
|
GOOG |
$490.52 |
$4.93 |
Gray * |
GTN |
$2.24 |
$0.01 |
Gray, Cl. A |
GTNa |
$2.14 |
-$0.06 |
Journal |
JRN |
$4.20 |
$0.10 |
Meredith |
MDP |
$31.48 |
$0.19 |
Media Gen. |
MEG |
$9.71 |
$0.65 |
McGraw-Hill |
MHP |
$29.05 |
$0.39 |
News Corp. |
NWS |
$14.72 |
$0.20 |
Nexstar * |
NXST |
$4.19 |
$0.25 |
Sinclair * |
SBGI |
$6.53 |
$0.11 |
SBS |
SBSA |
$1.07 |
$0.00 |
Saga |
SGA |
$20.50 |
$0.40 |
Scripps |
SSP |
$7.31 |
$0.08 |
LIN TV * |
TVL |
$4.72 |
$0.21 |
Time Warner |
TWX |
$30.97 |
$0.27 |
Wash. Post |
WPO |
$327.63 |
$11.98 |
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* Component of the TVBR Television Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |