The Institute for Supply Management surprised Wall Street with a report that manufacturing activity in the US rose in August. Another report said that manufacturing is also up in China, a major importer of materials from the US. That good news sent stock prices higher on Wednesday, the first day of September. The Dow Jones Industrial Average rose 255 points, or 2.5%, to 10,269. Broadcasting stocks joined in the rally.
The RBR Radio Index was up 6.966, or 3%, to 238.790.
The TVBR Television Index was up 7.631, or 4.7%, to 170.860.
Winners
Cumulus, up 8.1%
Entercom, up 7.6%
Gray, up 7.6%
Losers
CC Media, down 7.7%
Salem, down 5.9%
ACME, down 0.9%
Radio Stocks |
|
|
|
|
|
|
|
Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$26.48 |
$1.04 |
Beasley * |
BBGI |
$3.60 |
$0.04 |
CBS Cl. B |
CBS |
$14.59 |
$0.77 |
CBS Cl. A |
CBSa |
$14.46 |
$0.63 |
CC Media * |
CCMO |
$6.00 |
-$0.50 |
Cumulus * |
CMLS |
$2.28 |
$0.17 |
Debut |
DBTB |
$0.05 |
$0.00 |
Disney |
DIS |
$33.51 |
$0.97 |
Emmis * |
EMMS |
$1.54 |
$0.00 |
Entercom * |
ETM |
$5.92 |
$0.42 |
Entravision |
EVC |
$1.64 |
$0.08 |
Fisher |
FSCI |
$17.55 |
$0.87 |
|
GOOG |
$460.34 |
$10.32 |
Journal |
JRN |
$4.20 |
$0.24 |
Lincoln Natl. |
LNC |
$24.72 |
$1.35 |
Radio One A |
ROIA |
$0.74 |
$0.00 |
Radio One D * |
ROIAK |
$0.70 |
$0.04 |
Salem * |
SALM |
$2.59 |
-$0.11 |
SBS * |
SBSA |
$0.95 |
$0.02 |
Saga * |
SGA |
$18.61 |
$1.11 |
Sirius XM |
SIRI |
$0.99 |
$0.03 |
Westwood* |
WWON |
$7.93 |
$0.09 |
|
|
|
|
* Component of the RBR Radio Index |
|
||
© 2010 Radio Business Report, Inc. All rights reserved. |
Television Stocks |
|
|
|
|
|
|
|
Company |
Symbol |
Close |
Change |
ACME * |
ACME.PK |
$1.05 |
-$0.01 |
Belo * |
BLC |
$5.49 |
$0.26 |
CBS Cl. B * |
CBS |
$14.59 |
$0.77 |
CBS Cl. A |
CBSa |
$14.46 |
$0.63 |
Disney |
DIS |
$33.51 |
$0.97 |
Entravision * |
EVC |
$1.64 |
$0.08 |
Fisher * |
FSCI |
$17.55 |
$0.87 |
Gannett |
GCI |
$12.76 |
$0.67 |
Gen. Elec. |
GE |
$15.01 |
$0.53 |
|
GOOG |
$460.34 |
$10.32 |
Gray * |
GTN |
$1.99 |
$0.14 |
Gray, Cl. A |
GTNa |
$1.90 |
$0.10 |
Journal |
JRN |
$4.20 |
$0.24 |
Meredith |
MDP |
$30.41 |
$1.15 |
Media Gen. |
MEG |
$7.93 |
$0.24 |
McGraw-Hill |
MHP |
$28.50 |
$0.85 |
News Corp. |
NWS |
$14.69 |
$0.60 |
Nexstar * |
NXST |
$3.92 |
$0.17 |
Sinclair * |
SBGI |
$6.28 |
$0.30 |
SBS |
SBSA |
$0.95 |
$0.02 |
Saga |
SGA |
$18.61 |
$1.11 |
Scripps |
SSP |
$7.38 |
$0.57 |
LIN TV * |
TVL |
$4.20 |
$0.21 |
Time Warner |
TWX |
$30.76 |
$0.78 |
Wash. Post |
WPO |
$376.24 |
$16.01 |
|
|
|
|
* Component of the TVBR Television Index |
|
||
© 2010 Radio Business Report, Inc. All rights reserved. |