Roller coaster ride on Wall Street – 05/17/10

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Stock prices dropped Monday as traders watched the euro fall against the US dollar – but then the market rebounded as the euro rebounded, indicating renewed confidence in the financial underpinnings of European economies. When the wild ride was over, the Dow Jones Industrial Average, which had been down over 180 points, ended the session up six points at 10,626. The S&P 500 and Nasdaq Composite also finished with small gains for the day. Broadcasting stocks were mixed.


The RBR Radio Index was down 0.509, or 0.1%, at 425.928.

The TVBR Television Index was up 3.892, or 1.8%, at 217.830.

Winners
Beasley, up 6.5%
Fisher, up 5.1%
Westwood, up 4.7%

Losers
CC Media, down 16.7%
Radio One, down 2.8%
Nexstar, down 1.3%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$32.66

$0.54

Beasley *

BBGI

$6.31

$0.39

CBS Cl. B

CBS

$15.25

$0.58

CBS Cl. A

CBSa

$15.25

$0.55

CC Media *

CCMO

$10.00

-$2.00

Cumulus *

CMLS

$4.71

-$0.07

Citadel

CTDB

$0.05

-$0.07

Debut

DBTB

$0.04

$0.01

Disney

DIS

$34.20

$0.14

Emmis *

EMMS

$2.27

$0.09

Entercom *

ETM

$13.25

$0.01

Entravision

EVC

$3.07

$0.07

Fisher

FSCI

$17.29

$0.84

Google

GOOG

$507.97

$0.44

Journal

JRN

$5.47

$0.20

Lincoln Natl.

LNC

$28.00

-$0.02

Radio One A

ROIA

$4.78

-$0.01

Radio One D *

ROIAK

$4.77

-$0.14

Salem *

SALM

$4.38

-$0.01

SBS *

SBSA

$1.99

-$0.01

Saga *

SGA

$24.50

$0.79

Sirius XM

SIRI

$1.09

$0.02

Westwood*

WWON

$14.25

$0.64

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.75

$0.00

Belo *

BLC

$8.04

$0.18

CBS Cl. B *

CBS

$15.25

$0.58

CBS Cl. A

CBSa

$15.25

$0.55

Disney

DIS

$34.20

$0.14

Entravision *

EVC

$3.07

$0.07

Fisher *

FSCI

$17.29

$0.84

Gannett

GCI

$16.19

$0.43

Gen. Elec.

GE

$17.56

-$0.08

Google

GOOG

$507.97

$0.44

Gray *

GTN

$3.58

$0.07

Gray, Cl. A

GTNa

$3.35

$0.06

Journal

JRN

$5.47

$0.20

Meredith

MDP

$34.59

$0.37

Media Gen.

MEG

$13.21

$0.09

McGraw-Hill

MHP

$29.40

$0.42

News Corp.

NWS

$16.45

$0.06

Nexstar *

NXST

$7.00

-$0.09

Sinclair *

SBGI

$7.19

$0.05

SBS

SBSA

$1.99

-$0.01

Saga

SGA

$24.50

$0.79

Scripps

SSP

$8.87

$0.02

LIN TV *

TVL

$7.20

$0.09

Time Warner

TWX

$30.63

$0.07

Wash. Post

WPO

$513.24

$11.38

 

 

 

 

* Component of the TVBR Television Index

 

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