Mixed day as traders ponder Fed actions – 11/15/10

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Will the Federal Reserve pump as much money into the economy as it has indicated, or will it ease back on the throttle? As traders pondered that question on Monday, stocks moved this way and that, resulting in a mixed close. The Dow Jones Industrial Average finished up nine points, or 0.1%, at 11,202, but both the S&P 500 and nasdaq Composite were lower for the day. Broadcasting stocks were also mixed.


The RBR Radio Index was up 2.265, or 0.8%, at 280.143.

The TVBR Television Index was down 1.517, or 0.8%, at 186.716.

 

Winners
Radio One, up 14.2%
Westwood, up 4.3%
Saga, up 3.1%

Losers
Salem, down 5.8%
Gray, down 5.7%
SBS, down 3.7%

Radio Stocks

  

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$25.91

-$0.01

Beasley *

BBGI

$4.15

-$0.08

CBS Cl. B

CBS

$16.72

$0.10

CBS Cl. A

CBSa

$16.70

$0.03

CC Media *

CCMO

$8.00

$0.00

Cumulus *

CMLS

$3.56

-$0.03

Debut

DBTB

$0.05

$0.00

Disney

DIS

$37.25

-$0.50

Emmis *

EMMS

$0.66

$0.00

Entercom *

ETM

$7.59

$0.00

Entravision

EVC

$2.32

$0.03

Fisher

FSCI

$17.92

-$0.33

Google

GOOG

$595.47

-$7.82

Journal

JRN

$4.80

$0.02

Lincoln Natl.

LNC

$24.20

$0.31

Radio One A

ROIA

$1.25

$0.07

Radio One D *

ROIAK

$1.21

$0.15

Salem *

SALM

$2.90

-$0.18

SBS *

SBSA

$0.78

-$0.03

Saga *

SGA

$21.80

$0.65

Sirius XM

SIRI

$1.39

-$0.04

Westwood*

WWON

$10.98

$0.45

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.90

$0.02

Belo *

BLC

$5.86

-$0.01

CBS Cl. B *

CBS

$16.72

$0.10

CBS Cl. A

CBSa

$16.70

$0.03

Disney

DIS

$37.25

-$0.50

Entravision *

EVC

$2.32

$0.03

Fisher *

FSCI

$17.92

-$0.33

Gannett

GCI

$12.67

$0.00

Gen. Elec.

GE

$16.20

-$0.05

Google

GOOG

$595.47

-$7.82

Gray *

GTN

$1.66

-$0.10

Gray, Cl. A

GTNa

$1.70

$0.15

Journal

JRN

$4.80

$0.02

Meredith

MDP

$33.54

-$0.17

Media Gen.

MEG

$4.64

-$0.05

McGraw-Hill

MHP

$36.49

-$0.11

News Corp.

NWS

$15.88

-$0.11

Nexstar *

NXST

$4.67

-$0.13

Sinclair *

SBGI

$7.68

-$0.03

SBS

SBSA

$0.78

-$0.03

Saga

SGA

$21.80

$0.65

Scripps

SSP

$8.76

$0.06

LIN TV *

TVL

$4.37

-$0.03

Time Warner

TWX

$30.51

-$0.23

Wash. Post

WPO

$384.58

-$3.42

 

 

 

 

* Component of the TVBR Television Index

 

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