Stocks jump on jobs report – 03/05/10

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The US unemployment rate stayed at 9.7%, but the government’s monthly jobs report on Friday showed fewer jobs lost in February than economists had expected, so Wall Street took that as good news and boosted stock prices. The Dow Jones Industrial Average rose 122 points, or 1.2%, to 10,566. Broadcasting stocks joined in the advance.


The RBR Radio Index was up 5.738, or 2.4%, to 250.117, a year-to-date high.

The TVBR Television Index was up 1.643, or 1.1%, to 153.598, an all-time high.

Winners
Westwood, up 34%
SBS, up 11.8%
Sinclair, up 3.4%

Losers
CC Media, down 7.3%
Saga, down 7.1%
Emmis, down 6.3%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$22.87

$0.70

Beasley *

BBGI

$3.96

-$0.04

CBS Cl. B

CBS

$14.65

$0.43

CBS Cl. A

CBSa

$14.71

$0.40

CC Media *

CCMO

$3.20

-$0.25

Cumulus *

CMLS

$3.22

$0.03

Citadel

CTDB

$0.03

$0.00

Debut

DBTB

$0.06

$0.00

Disney

DIS

$33.22

$0.65

Emmis *

EMMS

$1.04

-$0.07

Entercom *

ETM

$12.06

$0.11

Entravision

EVC

$3.08

-$0.14

Fisher

FSCI

$15.28

$0.16

Google

GOOG

$564.21

$9.62

Journal

JRN

$4.05

$0.09

Lincoln Natl.

LNC

$26.98

$0.40

Regent

RGCIQ

$0.12

$0.00

Radio One A

ROIA

$3.66

$0.08

Radio One D *

ROIAK

$3.27

-$0.01

Salem *

SALM

$5.50

-$0.17

SBS *

SBSA

$0.76

$0.08

Saga *

SGA

$16.04

-$1.23

Sirius XM

SIRI

$0.94

$0.01

Westwood*

WWON

$11.39

$2.89

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.40

$0.00

Belo *

BLC

$7.25

$0.18

CBS Cl. B *

CBS

$14.65

$0.43

CBS Cl. A

CBSa

$14.71

$0.40

Disney

DIS

$33.22

$0.65

Entravision *

EVC

$3.08

-$0.14

Fisher *

FSCI

$15.28

$0.16

Gannett

GCI

$16.27

$0.20

Gen. Elec.

GE

$16.35

$0.24

Google

GOOG

$564.21

$9.62

Gray *

GTN

$1.96

$0.05

Gray, Cl. A

GTNa

$2.18

-$0.03

Journal

JRN

$4.05

$0.09

Meredith

MDP

$33.25

$0.67

Media Gen.

MEG

$8.73

$0.26

McGraw-Hill

MHP

$35.28

$0.79

News Corp.

NWS

$16.81

$0.50

Nexstar *

NXST

$4.62

$0.05

Sinclair *

SBGI

$5.52

$0.18

SBS

SBSA

$0.76

$0.08

Saga

SGA

$16.04

-$1.23

Scripps

SSP

$9.70

$0.60

LIN TV *

TVL

$5.47

$0.02

Time Warner

TWX

$30.54

$0.64

Wash. Post

WPO

$448.43

$11.25

 

 

 

 

* Component of the TVBR Television Index

 

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