Washington scares Wall Street – 01/12/10

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Talk by the Obama Administration about a new tax on banks sent stock prices lower. The Dow Jones Industrial Average dropped 37 points, or 0.3%, to 10,627. Broadcasting stocks were not spared.


The RBR Radio Index was down 8.340, or 4%, to 201.098.

The TVBR Television Index was down 2.649, or 1.9%, to 140.111.

Winners
ACME, up 13.3%
Beasley, up 11.5%
n/a

Losers
SBS, down 15.6%
CC Media, down 12.5%
Arbitron, down 9.6%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$24.15

-$2.55

Beasley *

BBGI

$3.59

$0.37

CBS Cl. B

CBS

$13.56

-$0.53

CBS Cl. A

CBSa

$13.55

-$0.45

CC Media *

CCMO

$3.50

-$0.50

Cumulus *

CMLS

$2.33

-$0.11

Citadel

CTDB

$0.03

$0.00

Debut

DBTB

$0.05

$0.00

Disney

DIS

$30.82

-$0.54

Emmis *

EMMS

$1.11

-$0.03

Entercom *

ETM

$7.48

-$0.26

Entravision

EVC

$3.28

-$0.10

Fisher

FSCI

$15.75

-$0.46

Google

GOOG

$590.48

-$10.63

Journal

JRN

$3.57

-$0.22

Lincoln Natl.

LNC

$26.93

-$0.46

Regent *

RGCI

$0.14

-$0.01

Radio One A

ROIA

$3.79

$0.17

Radio One D *

ROIAK

$3.33

-$0.02

Salem *

SALM

$5.18

-$0.17

SBS *

SBSA

$0.61

-$0.11

Saga *

SGA

$13.01

$0.00

Sirius XM

SIRI

$0.68

-$0.01

Westwood*

WWON

$4.73

-$0.02

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.51

$0.06

Belo *

BLC

$5.57

-$0.31

CBS Cl. B *

CBS

$13.56

-$0.53

CBS Cl. A

CBSa

$13.55

-$0.45

Disney

DIS

$30.82

-$0.54

Entravision *

EVC

$3.28

-$0.10

Fisher *

FSCI

$15.75

-$0.46

Gannett

GCI

$16.40

-$0.85

Gen. Elec.

GE

$16.77

$0.01

Google

GOOG

$590.48

-$10.63

Gray *

GTN

$1.85

-$0.19

Gray, Cl. A

GTNa

$1.85

-$0.14

Journal

JRN

$3.57

-$0.22

Meredith

MDP

$33.33

-$0.56

Media Gen.

MEG

$8.00

-$0.45

McGraw-Hill

MHP

$33.25

-$0.51

News Corp.

NWS

$15.89

-$0.58

Nexstar *

NXST

$4.00

-$0.05

Sinclair *

SBGI

$4.81

-$0.07

SBS

SBSA

$0.61

-$0.11

Saga

SGA

$13.01

$0.00

Scripps

SSP

$6.86

-$0.31

LIN TV *

TVL

$4.51

-$0.15

Time Warner

TWX

$28.50

-$0.67

Wash. Post

WPO

$449.31

-$5.74

 

 

 

 

* Component of the TVBR Television Index

 

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