Expectations of strong earnings reports from Apple and Yahoo! pushed tech stocks up on Tuesday and boosted the entire market as well. The optimism was well placed – both companies reported big earnings gains when they reported after the closing bell. For the day, the Dow Jones Industrial Average rose 25 points, or 0.2%, to 11,117. The tech-heavy Nasdaq Composite was up 0.8%. Broadcasting stocks also had a good day.
The RBR Radio Index was up 5.544, or 1.7%, to 338.909.
The TVBR Television Index was up 1.875, or 0.9%, to 205.242.
Winners
SBS, up 14.9%
Belo, up 6.6%
Gray, up 6.6%
Losers
ACME, down 15%
Beasley, down 4.4%
Westwood, down 2.9%
Radio Stocks |
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Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$28.06 |
$0.81 |
Beasley * |
BBGI |
$4.58 |
-$0.21 |
CBS Cl. B |
CBS |
$15.95 |
$0.45 |
CBS Cl. A |
CBSa |
$15.93 |
$0.43 |
CC Media * |
CCMO |
$5.05 |
$0.25 |
Cumulus * |
CMLS |
$4.96 |
$0.17 |
Citadel |
CTDB |
$0.30 |
-$0.03 |
Debut |
DBTB |
$0.03 |
$0.00 |
Disney |
DIS |
$36.54 |
$0.37 |
Emmis * |
EMMS |
$1.81 |
-$0.04 |
Entercom * |
ETM |
$14.93 |
$0.43 |
Entravision |
EVC |
$3.39 |
$0.01 |
Fisher |
FSCI |
$15.23 |
$0.24 |
|
GOOG |
$555.04 |
$4.94 |
Journal |
JRN |
$5.91 |
$0.62 |
Lincoln Natl. |
LNC |
$32.72 |
$0.60 |
Regent |
RGCIQ |
$0.12 |
$0.00 |
Radio One A |
ROIA |
$4.71 |
-$0.12 |
Radio One D * |
ROIAK |
$4.75 |
-$0.04 |
Salem * |
SALM |
$5.27 |
$0.04 |
SBS * |
SBSA |
$1.16 |
$0.15 |
Saga * |
SGA |
$23.00 |
-$0.40 |
Sirius XM |
SIRI |
$1.13 |
$0.05 |
Westwood* |
WWON |
$9.29 |
-$0.28 |
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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 |
$0.51 |
-$0.09 |
Belo * |
BLC |
$8.99 |
$0.56 |
CBS Cl. B * |
CBS |
$15.95 |
$0.45 |
CBS Cl. A |
CBSa |
$15.93 |
$0.43 |
Disney |
DIS |
$36.54 |
$0.37 |
Entravision * |
EVC |
$3.39 |
$0.01 |
Fisher * |
FSCI |
$15.23 |
$0.24 |
Gannett |
GCI |
$18.43 |
$0.62 |
Gen. Elec. |
GE |
$19.00 |
$0.06 |
|
GOOG |
$555.04 |
$4.94 |
Gray * |
GTN |
$3.40 |
$0.21 |
Gray, Cl. A |
GTNa |
$3.30 |
-$0.02 |
Journal |
JRN |
$5.91 |
$0.62 |
Meredith |
MDP |
$36.63 |
$0.85 |
Media Gen. |
MEG |
$12.32 |
$1.11 |
McGraw-Hill |
MHP |
$34.73 |
$0.15 |
News Corp. |
NWS |
$18.23 |
$0.03 |
Nexstar * |
NXST |
$6.62 |
-$0.02 |
Sinclair * |
SBGI |
$7.02 |
$0.21 |
SBS |
SBSA |
$1.16 |
$0.15 |
Saga |
SGA |
$23.00 |
-$0.40 |
Scripps |
SSP |
$10.10 |
$0.15 |
LIN TV * |
TVL |
$7.82 |
$0.19 |
Time Warner |
TWX |
$33.17 |
$0.46 |
Wash. Post |
WPO |
$538.54 |
$6.55 |
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* Component of the TVBR Television Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |