Better-than-expected earnings reports from some European banks and a report from the Institute for Supply Management that its manufacturing index for July came in ahead of expectations sparked rejoicing on Wall Street. Stock prices shot up, with the Dow Jones Industrial Average up 208 points, or 2%, to 10,674. Broadcasting stocks, however, were mixed.
The RBR Radio Index was down 2.239, or 0.8%, to 288.688.
The TVBR Television Index was up 5.602, or 2.9%, to 199.336.
Winners
ACME, up 10%
Entravision, up 7.9%
Salem, up 7.3%
Losers
Radio One, down 12.7%
Emmis, down 10.7%
CC Media, down 3.9%
Radio Stocks |
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Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$29.59 |
$0.69 |
Beasley * |
BBGI |
$5.50 |
-$0.07 |
CBS Cl. B |
CBS |
$15.30 |
$0.52 |
CBS Cl. A |
CBSa |
$15.27 |
$0.23 |
CC Media * |
CCMO |
$6.25 |
-$0.25 |
Cumulus * |
CMLS |
$3.12 |
$0.09 |
Debut |
DBTB |
$0.05 |
$0.00 |
Disney |
DIS |
$34.48 |
$0.79 |
Emmis * |
EMMS |
$1.75 |
-$0.21 |
Entercom * |
ETM |
$8.69 |
$0.31 |
Entravision |
EVC |
$2.33 |
$0.17 |
Fisher |
FSCI |
$17.70 |
$0.00 |
|
GOOG |
$490.41 |
$5.56 |
Journal |
JRN |
$4.87 |
$0.11 |
Lincoln Natl. |
LNC |
$26.46 |
$0.42 |
Radio One A |
ROIA |
$1.19 |
$0.00 |
Radio One D * |
ROIAK |
$0.96 |
-$0.14 |
Salem * |
SALM |
$3.66 |
$0.25 |
SBS * |
SBSA |
$1.16 |
$0.03 |
Saga * |
SGA |
$22.63 |
$0.23 |
Sirius XM |
SIRI |
$1.05 |
$0.02 |
Westwood* |
WWON |
$7.00 |
$0.00 |
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* Component of the RBR Radio Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |
Television Stocks |
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Company |
Symbol |
Close |
Change |
ACME * |
ACME.PK |
$1.10 |
$0.10 |
Belo * |
BLC |
$6.27 |
$0.22 |
CBS Cl. B * |
CBS |
$15.30 |
$0.52 |
CBS Cl. A |
CBSa |
$15.27 |
$0.23 |
Disney |
DIS |
$34.48 |
$0.79 |
Entravision * |
EVC |
$2.33 |
$0.17 |
Fisher * |
FSCI |
$17.70 |
$0.00 |
Gannett |
GCI |
$13.69 |
$0.51 |
Gen. Elec. |
GE |
$16.41 |
$0.29 |
|
GOOG |
$490.41 |
$5.56 |
Gray * |
GTN |
$2.61 |
$0.01 |
Gray, Cl. A |
GTNa |
$2.60 |
$0.12 |
Journal |
JRN |
$4.87 |
$0.11 |
Meredith |
MDP |
$33.64 |
$1.89 |
Media Gen. |
MEG |
$10.71 |
$0.38 |
McGraw-Hill |
MHP |
$31.21 |
$0.52 |
News Corp. |
NWS |
$15.37 |
$0.58 |
Nexstar * |
NXST |
$5.60 |
$0.20 |
Sinclair * |
SBGI |
$6.06 |
$0.02 |
SBS |
SBSA |
$1.16 |
$0.03 |
Saga |
SGA |
$22.63 |
$0.23 |
Scripps |
SSP |
$8.11 |
$0.25 |
LIN TV * |
TVL |
$5.65 |
-$0.20 |
Time Warner |
TWX |
$32.53 |
$1.07 |
Wash. Post |
WPO |
$433.89 |
$13.40 |
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* Component of the TVBR Television Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |