Broadcasters drive into Goldman Sachs pothole – 04/16/10

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Riders on Wall Street had been cruising up, up and up all week when news of an SEC action against alleged transgressions from Goldman Sachs opened a pitfall that brought the gains to a halt, and then went into reverse. But the Dow stayed about 11K, with plenty of reason for optimism going forward.


The RBR Radio Index fell 4.768, or 1.4%, to 328.362.

The TVBR Television Index fell 2.318, or 1.1%, to 202.981.

Winners
Radio One, up 3.7%
Westwood One, up 4.2%
LIN, up 1.0%

Losers
CC Media, down 8.2%
Entercom, down 5.3%
Nexstar, down 4.0%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$27.21

-$0.47

Beasley *

BBGI

$4.36

-$0.18

CBS Cl. B

CBS

$15.51

-$0.40

CBS Cl. A

CBSa

$15.54

-$0.36

CC Media *

CCMO

$4.50

-$0.40

Cumulus *

CMLS

$4.97

-$0.03

Citadel

CTDB

$0.26

-$0.04

Debut

DBTB

$0.03

$0.00

Disney

DIS

$35.83

-$0.57

Emmis *

EMMS

$1.81

$0.01

Entercom *

ETM

$14.91

-$0.84

Entravision

EVC

$3.44

-$0.03

Fisher

FSCI

$15.06

$0.06

Google

GOOG

$550.15

-$45.16

Journal

JRN

$5.03

$0.18

Lincoln Natl.

LNC

$31.31

-$0.95

Regent

RGCIQ

$0.12

$0.00

Radio One A

ROIA

$4.89

$0.23

Radio One D *

ROIAK

$4.80

$0.17

Salem *

SALM

$5.24

-$0.03

SBS *

SBSA

$1.02

-$0.01

Saga *

SGA

$22.78

-$0.20

Sirius XM

SIRI

$1.08

-$0.03

Westwood*

WWON

$9.30

$0.20

 

 

 

 

* Component of the RBR Radio Index                          

 

© 2010 Radio Business Report, Inc. All rights reserved.

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.60

$0.00

Belo *

BLC

$8.35

-$0.08

CBS Cl. B *

CBS

$15.51

-$0.40

CBS Cl. A

CBSa

$15.54

-$0.36

Disney

DIS

$35.83

-$0.57

Entravision *

EVC

$3.44

-$0.03

Fisher *

FSCI

$15.06

$0.06

Gannett

GCI

$18.04

-$0.10

Gen. Elec.

GE

$18.97

-$0.53

Google

GOOG

$550.15

-$45.16

Gray *

GTN

$3.25

-$0.03

Gray, Cl. A

GTNa

$3.40

$0.00

Journal

JRN

$5.03

$0.18

Meredith

MDP

$36.01

-$0.38

Media Gen.

MEG

$10.51

$0.31

McGraw-Hill

MHP

$34.76

-$1.79

News Corp.

NWS

$18.12

-$0.18

Nexstar *

NXST

$6.47

-$0.27

Sinclair *

SBGI

$6.61

-$0.16

SBS

SBSA

$1.02

-$0.01

Saga

SGA

$22.78

-$0.20

Scripps

SSP

$10.08

$0.24

LIN TV *

TVL

$7.69

$0.08

Time Warner

TWX

$33.00

$0.11

Wash. Post

WPO

$535.70

-$5.68

 

 

 

 

* Component of the TVBR Television Index

 

© 2010 Radio Business Report, Inc. All rights reserved.