2010 begins on an up note – 01/04/10

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A fifth straight monthly rise in the manufacturing index of The Institute for Supply Management was good news for Wall Street and sent stocks higher on the first trading day of the New Year. The Dow Jones Industrial Average rose 156 points, or 1.5%, to 10,584. Broadcasting stocks participated in the rally.


The RBR Radio Index was up 11.720, or 5.6%, to 219.924.

The TVBR Television Index was up 5.575, or 4.2%, to 139.655.

Note: With the beginning of the New Year, Westwood One has rejoined the RBR Radio Index as a component stock. We will be reviewing the status of the two component stocks which continue to trade for less than $1. The one component of the TVBR Television Index which trades below $1 is also under review.

Winners
CC Media, up 29%
Regent, up 15.4%
Sinclair, up 14.9%

Losers
Salem, down 3.3%
Nexstar, down 2.5%
Beasley, down 2%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$25.29

$1.87

Beasley *

BBGI

$3.50

-$0.07

CBS Cl. B

CBS

$14.25

$0.20

CBS Cl. A

CBSa

$14.26

$0.19

CC Media *

CCMO

$4.00

$0.90

Cumulus *

CMLS

$2.31

$0.03

Citadel

CTDB

$0.02

$0.00

Debut

DBTB

$0.05

$0.00

Disney

DIS

$32.07

-$0.18

Emmis *

EMMS

$1.24

$0.08

Entercom *

ETM

$7.13

$0.06

Entravision

EVC

$3.45

$0.05

Fisher

FSCI

$17.15

$0.90

Google

GOOG

$626.75

$6.77

Journal

JRN

$3.98

$0.09

Lincoln Natl.

LNC

$25.88

$1.00

Regent *

RGCI

$0.30

$0.04

Radio One A

ROIA

$3.19

$0.16

Radio One D *

ROIAK

$2.96

$0.05

Salem *

SALM

$5.79

-$0.20

SBS *

SBSA

$0.80

$0.02

Saga *

SGA

$12.68

$0.14

Sirius XM

SIRI

$0.65

$0.05

Westwood*

WWON

$4.79

$0.29

 

 

 

 

* 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

$0.01

Belo *

BLC

$5.76

$0.32

CBS Cl. B *

CBS

$14.25

$0.20

CBS Cl. A

CBSa

$14.26

$0.19

Disney

DIS

$32.07

-$0.18

Entravision *

EVC

$3.45

$0.05

Fisher *

FSCI

$17.15

$0.90

Gannett

GCI

$15.35

$0.50

Gen. Elec.

GE

$15.45

$0.32

Google

GOOG

$626.75

$6.77

Gray *

GTN

$1.58

$0.08

Gray, Cl. A

GTNa

$1.63

$0.13

Journal

JRN

$3.98

$0.09

Meredith

MDP

$31.26

$0.41

Media Gen.

MEG

$8.36

$0.52

McGraw-Hill

MHP

$33.61

$0.10

News Corp.

NWS

$16.31

$0.39

Nexstar *

NXST

$3.95

-$0.10

Sinclair *

SBGI

$4.63

$0.60

SBS

SBSA

$0.80

$0.02

Saga

SGA

$12.68

$0.14

Scripps

SSP

$7.45

$0.49

LIN TV *

TVL

$4.61

$0.15

Time Warner

TWX

$29.42

$0.28

Wash. Post

WPO

$442.06

$2.46

 

 

 

 

* Component of the TVBR Television Index

 

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