Stock rally takes a break – 9/27/10

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September is shaping up to be a strong month on Wall Street, but stock traders took a bit of a breather on Monday after recent price run-ups. Nonetheless, there was quite a bit of M&A action announced – none of it in media, though – which indicated that big companies are confident of the economic recovery. The Dow Jones Industrial Average ended Monday with a decline of 48 points, or 0.4%, at 10,812. But while the major indices slipped, broadcasting stocks had an up day.


The RBR Radio Index was up 2.930, or 1.13%, at 261.597.

The TVBR Television Index was up 0.036, or 0.02%, at 187.582.

Winners
Westwood, up 8%
LIN, up 6.6%
Cumulus, up 4.7%

Losers
Gray, down 2.9%
Beasley, down 2.8%
Entercom, down 1.9%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$26.97

-$0.12

Beasley *

BBGI

$5.62

-$0.13

CBS Cl. B

CBS

$15.90

-$0.27

CBS Cl. A

CBSa

$15.89

-$0.26

CC Media *

CCMO

$7.50

$0.00

Cumulus *

CMLS

$2.68

$0.12

Debut

DBTB

$0.07

$0.00

Disney

DIS

$33.29

-$0.29

Emmis *

EMMS

$0.85

$0.01

Entercom *

ETM

$7.79

-$0.15

Entravision

EVC

$2.00

-$0.03

Fisher

FSCI

$17.75

-$0.10

Google

GOOG

$530.41

$3.12

Journal

JRN

$4.30

-$0.04

Lincoln Natl.

LNC

$23.68

-$0.42

Radio One A

ROIA

$0.99

-$0.01

Radio One D *

ROIAK

$0.89

-$0.02

Salem *

SALM

$2.71

$0.10

SBS *

SBSA

$0.85

-$0.01

Saga *

SGA

$20.30

$0.30

Sirius XM

SIRI

$1.16

-$0.02

Westwood*

WWON

$7.64

$0.62

 

 

 

 

* 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

$0.00

Belo *

BLC

$5.99

$0.09

CBS Cl. B *

CBS

$15.90

-$0.27

CBS Cl. A

CBSa

$15.89

-$0.26

Disney

DIS

$33.29

-$0.29

Entravision *

EVC

$2.00

-$0.03

Fisher *

FSCI

$17.75

-$0.10

Gannett

GCI

$12.35

$0.01

Gen. Elec.

GE

$16.43

-$0.23

Google

GOOG

$530.41

$3.12

Gray *

GTN

$1.98

-$0.06

Gray, Cl. A

GTNa

$1.90

-$0.01

Journal

JRN

$4.30

-$0.04

Meredith

MDP

$32.89

-$0.13

Media Gen.

MEG

$9.39

-$0.08

McGraw-Hill

MHP

$32.84

-$0.34

News Corp.

NWS

$15.66

-$0.18

Nexstar *

NXST

$4.98

-$0.03

Sinclair *

SBGI

$7.05

-$0.05

SBS

SBSA

$0.85

-$0.01

Saga

SGA

$20.30

$0.30

Scripps

SSP

$7.91

$0.03

LIN TV *

TVL

$4.36

$0.27

Time Warner

TWX

$30.92

-$0.45

Wash. Post

WPO

$371.76

-$8.24

 

 

 

 

* Component of the TVBR Television Index

 

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