Good news not good enough for Wall Street – 8/30/10

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The government reported a rise in consumer spending for July, but a related report on consumer income came in below analysts’ expectations. That just added to worries about the strength of the economic recovery. The Dow Jones Industrial Average ended Monday down 141 points, or 1.4%, at 10,010. Broadcasting stocks were not spared.


The RBR Radio Index was down 9.167, or 3.9%, at 227.954.

The TVBR Television Index was down 4.840, or 2.9%, at 164.175.

Winners
Entercom, up 1.1%
Sinclair, up 0.5%
CC Media, up 0.2%

Losers
Emmis, down 15.9%
Cumulus, down 11.3%
SBS, down 6.7%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$25.19

-$0.52

Beasley *

BBGI

$3.43

-$0.17

CBS Cl. B

CBS

$13.68

-$0.24

CBS Cl. A

CBSa

$13.71

-$0.22

CC Media *

CCMO

$5.91

$0.01

Cumulus *

CMLS

$2.05

-$0.26

Debut

DBTB

$0.05

$0.00

Disney

DIS

$32.35

-$0.43

Emmis *

EMMS

$1.71

-$0.31

Entercom *

ETM

$5.35

$0.06

Entravision

EVC

$1.56

-$0.05

Fisher

FSCI

$16.75

-$0.58

Google

GOOG

$452.69

-$6.14

Journal

JRN

$3.83

-$0.14

Lincoln Natl.

LNC

$22.90

-$0.83

Radio One A

ROIA

$0.70

-$0.04

Radio One D *

ROIAK

$0.57

-$0.01

Salem *

SALM

$2.59

$0.00

SBS *

SBSA

$0.98

-$0.07

Saga *

SGA

$16.77

-$0.12

Sirius XM

SIRI

$0.96

-$0.03

Westwood*

WWON

$8.12

-$0.15

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$1.06

$0.00

Belo *

BLC

$5.29

-$0.22

CBS Cl. B *

CBS

$13.68

-$0.24

CBS Cl. A

CBSa

$13.71

-$0.22

Disney

DIS

$32.35

-$0.43

Entravision *

EVC

$1.56

-$0.05

Fisher *

FSCI

$16.75

-$0.58

Gannett

GCI

$12.17

-$0.34

Gen. Elec.

GE

$14.52

-$0.19

Google

GOOG

$452.69

-$6.14

Gray *

GTN

$1.95

-$0.10

Gray, Cl. A

GTNa

$1.76

-$0.04

Journal

JRN

$3.83

-$0.14

Meredith

MDP

$29.57

-$0.62

Media Gen.

MEG

$7.65

-$0.77

McGraw-Hill

MHP

$27.64

-$0.71

News Corp.

NWS

$13.93

-$0.05

Nexstar *

NXST

$3.77

-$0.21

Sinclair *

SBGI

$5.92

$0.03

SBS

SBSA

$0.98

-$0.07

Saga

SGA

$16.77

-$0.12

Scripps

SSP

$6.85

-$0.47

LIN TV *

TVL

$4.00

-$0.19

Time Warner

TWX

$29.57

-$0.75

Wash. Post

WPO

$370.49

-$14.33

 

 

 

 

* Component of the TVBR Television Index

 

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