Fed gives stocks a boost – 03/16/10

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Wall Street liked the latest indication from the Federal Reserve that interest rates will stay low for a while to come. The Dow Jones Industrial Average rose 44 points, or 0.4%, to 10,686. Broadcasting stocks joined in the advance.


The RBR Radio Index was up 6.267, or 2.4%, to 264.328.

The TVBR Television Index was up 2.158, or 1.4%, to 157.487.

Winners
Saga, up 9.5%
Fisher, up 9.3%
SBS, up 8.8%

Losers
Westwood, down 6%
Gray, down 0.9%
LIN, down 0.8%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$24.59

$0.04

Beasley *

BBGI

$3.91

$0.14

CBS Cl. B

CBS

$14.78

$0.34

CBS Cl. A

CBSa

$14.79

$0.35

CC Media *

CCMO

$3.88

$0.03

Cumulus *

CMLS

$3.47

$0.02

Citadel

CTDB

$0.03

$0.00

Debut

DBTB

$0.07

$0.01

Disney

DIS

$33.75

$0.03

Emmis *

EMMS

$1.17

$0.06

Entercom *

ETM

$11.13

$0.14

Entravision

EVC

$2.92

-$0.02

Fisher

FSCI

$15.47

$1.31

Google

GOOG

$565.20

$2.02

Journal

JRN

$3.96

$0.05

Lincoln Natl.

LNC

$28.48

$0.28

Regent

RGCIQ

$0.11

$0.00

Radio One A

ROIA

$3.46

$0.06

Radio One D *

ROIAK

$3.21

$0.04

Salem *

SALM

$4.97

$0.06

SBS *

SBSA

$0.99

$0.08

Saga *

SGA

$23.76

$2.06

Sirius XM

SIRI

$0.91

-$0.01

Westwood*

WWON

$7.55

-$0.48

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.35

$0.00

Belo *

BLC

$7.10

$0.02

CBS Cl. B *

CBS

$14.78

$0.34

CBS Cl. A

CBSa

$14.79

$0.35

Disney

DIS

$33.75

$0.03

Entravision *

EVC

$2.92

-$0.02

Fisher *

FSCI

$15.47

$1.31

Gannett

GCI

$16.42

$0.36

Gen. Elec.

GE

$18.07

$0.78

Google

GOOG

$565.20

$2.02

Gray *

GTN

$2.26

-$0.02

Gray, Cl. A

GTNa

$2.50

-$0.05

Journal

JRN

$3.96

$0.05

Meredith

MDP

$33.31

-$0.03

Media Gen.

MEG

$8.97

$0.12

McGraw-Hill

MHP

$35.33

$0.04

News Corp.

NWS

$16.57

$0.17

Nexstar *

NXST

$4.76

$0.01

Sinclair *

SBGI

$5.65

$0.15

SBS

SBSA

$0.99

$0.08

Saga

SGA

$23.76

$2.06

Scripps

SSP

$8.99

-$0.07

LIN TV *

TVL

$6.50

-$0.05

Time Warner

TWX

$31.06

$0.60

Wash. Post

WPO

$446.85

$1.02

 

 

 

 

* Component of the TVBR Television Index

 

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