Retail sales boost stocks – 12/2/10

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Reports of strong sales by the nation’s retailers energized the stock market on Thursday.  The Dow Jones Industrial Average rose 107 points, or 1%, to 11,362. Strong retail sales are good for radio and TV ad sales, so broadcast stocks had a happy day. The RBR Radio Index was up 4.477, or 1.6%, to 279.472. The TVBR Television Index was up 1.327, or 0.7%, to 206.213.


Winners
CC Media, up 17.7%
Saga, up 6.8%
Entercom, up 3.5%

Losers
Beasley, down 6.5%
Emmis, down 4.5%
Gray, down 2.6%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$30.00

$0.11

Beasley *

BBGI

$3.87

-$0.27

CBS Cl. B

CBS

$17.29

$0.12

CBS Cl. A

CBSa 

$17.37

$0.21

CC Media *

CCMO

$8.00

$1.20

Cumulus *

CMLS

$3.57

$0.02

Debut

DBTB

$0.04

-$0.01

Disney

DIS

$37.34

$0.22

Emmis *

EMMS

$0.53

-$0.03

Entercom *

ETM

$9.16

$0.31

Entravision 

EVC

$2.56

$0.00

Fisher

FSCI

$20.49

$0.35

Google

GOOG

$571.82

$7.47

Journal

JRN

$4.60

$0.06

Lincoln Natl.

LNC

$25.12

$0.60

Radio One A

ROIA

$1.06

-$0.06

Radio One D *

ROIAK

$1.00

-$0.06

Salem *

SALM

$3.36

$0.24

SBS *

SBSA

$0.73

$0.01

Saga *

SGA

$23.50

$1.50

Sirius XM

SIRI

$1.39

$0.00

Westwood*

WWON

$9.31

$0.28

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

 

 

Company

Symbol

Close

Change

 

ACME *

ACME.PK

$1.00

-$0.02

 

Belo *

BLC

$6.29

$0.16

 

CBS Cl. B *

CBS

$17.29

$0.12

 

CBS Cl. A

CBSa 

$17.37

$0.21

 

Disney

DIS

$37.34

$0.22

 

Entravision *

EVC

$2.56

$0.00

 

Fisher *

FSCI

$20.49

$0.35

 

Gannett

GCI

$14.11

$0.50

 

Gen. Elec.

GE

$16.68

$0.38

 

Google

GOOG

$571.82

$7.47

 

Gray *

GTN

$1.89

-$0.05

 

Gray, Cl. A

GTNa 

$1.79

$0.00

 

Journal

JRN

$4.60

$0.06

 

Meredith

MDP

$34.30

-$0.16

 

Media Gen.

MEG

$4.42

$0.02

 

McGraw-Hill

MHP

$35.65

$0.62

 

News Corp.

NWS

$16.04

$0.36

 

Nexstar *

NXST

$5.50

$0.13

 

Sinclair *

SBGI

$7.92

-$0.01

 

SBS

SBSA

$0.73

$0.01

 

Saga

SGA

$23.50

$1.50

 

Scripps

SSP

$9.56

-$0.02

 

LIN TV *

TVL

$4.77

$0.14

 

Time Warner

TWX

$30.44

$0.23

 

Wash. Post

WPO

$387.61

$9.07

 

 

 

 

 

 

* Component of the TVBR Television Index

 

 

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