Wall Street ends the week on a high note – 12/10/10

0

Good news on the trade deficit front and optimism that tax-cut legislation will clear Congress pushed stock prices higher on Friday. The Dow Jones Industrial Average rose 40 points, or 0.4%, to 11,410. Broadcasting stocks had a strong day.


The RBR Radio Index was up 5.985, or 2%, to an all-time high of 300.309.

The TVBR Television Index was up 1.975, or 0.9%, to 214.050 – near an all-time high.

Winners
CC Media, up 11%
Arbitron, up 3.4%
Radio One, up 2.9%

Losers
Cumulus, down 1.3%
Gray, down 1%
Salem, down 0.6% 

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$38.47

$1.25

Beasley *

BBGI

$4.53

$0.12

CBS Cl. B

CBS

$18.05

$0.07

CBS Cl. A

CBSa

$18.09

$0.09

CC Media *

CCMO

$9.99

$0.99

Cumulus *

CMLS

$3.80

-$0.05

Debut

DBTB

$0.04

$0.00

Disney

DIS

$36.66

-$0.08

Emmis *

EMMS

$0.51

$0.00

Entercom *

ETM

$9.82

$0.08

Entravision

EVC

$2.56

$0.02

Fisher

FSCI

$21.04

$0.45

Google

GOOG

$592.21

$0.71

Journal

JRN

$4.94

$0.08

Lincoln Natl.

LNC

$28.14

$0.32

Radio One A

ROIA

$1.09

-$0.03

Radio One D *

ROIAK

$1.06

$0.03

Salem *

SALM

$3.12

-$0.02

SBS *

SBSA

$0.75

$0.01

Saga *

SGA

$24.03

$0.13

Sirius XM

SIRI

$1.40

$0.01

Westwood*

WWON

$9.18

$0.10

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$1.02

$0.00

Belo *

BLC

$6.59

$0.13

CBS Cl. B *

CBS

$18.05

$0.07

CBS Cl. A

CBSa

$18.09

$0.09

Disney

DIS

$36.66

-$0.08

Entravision *

EVC

$2.56

$0.02

Fisher *

FSCI

$21.04

$0.45

Gannett

GCI

$15.69

$0.16

Gen. Elec.

GE

$17.72

$0.59

Google

GOOG

$592.21

$0.71

Gray *

GTN

$1.97

-$0.02

Gray, Cl. A

GTNa

$1.78

-$0.06

Journal

JRN

$4.94

$0.08

Meredith

MDP

$35.30

$0.60

Media Gen.

MEG

$5.55

$0.23

McGraw-Hill

MHP

$35.98

-$0.07

News Corp.

NWS

$16.39

$0.32

Nexstar *

NXST

$5.85

$0.07

Sinclair *

SBGI

$8.29

$0.21

SBS

SBSA

$0.75

$0.01

Saga

SGA

$24.03

$0.13

Scripps

SSP

$9.98

$0.06

LIN TV *

TVL

$5.00

$0.01

Time Warner

TWX

$31.79

$0.40

Wash. Post

WPO

$414.55

$13.16

 

 

 

 

* Component of the TVBR Television Index

 

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


SHARE
Previous articleThe Closer coming to a close
Next articleCitadel priced reduced bond issue
RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.