The Dow Jones Industrial Average managed to post a tiny gain at the closing bell on a day when most news was negative. The Commerce Department reported that new home sales fell by a third in May to their lowest level since anyone began keeping records. The Fed said it would keep interest rates extremely low, but the bad news there was that the Fed’s policy making committee is now less optimistic about the pace of the economic recovery. Despite all that, the DJIA was up five points, to 10,298, while the Nasdaq Composite and S&P 500 ended in negative territory. Broadcasting stocks were among the losers.
The RBR Radio Index was down 14.370, or 4%, to 349.832.
The TVBR Television Index was down 2.357, or 1.1%, to 203.797.
Winners
Salem, up 3.1%
Entercom, up 1.7%
Gray, up 0.7%
Losers
CC Media, down 15.4%
SBS, down 10.9%
Radio One, down 10%
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Radio Stocks |
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|
Company |
Symbol |
Close |
Change |
|
Arbitron * |
ARB |
$27.72 |
-$1.00 |
|
Beasley * |
BBGI |
$6.35 |
-$0.18 |
|
CBS Cl. B |
CBS |
$14.47 |
$0.10 |
|
CBS Cl. A |
CBSa |
$14.50 |
$0.12 |
|
CC Media * |
CCMO |
$7.40 |
-$1.35 |
|
Cumulus * |
CMLS |
$3.80 |
-$0.02 |
|
Debut |
DBTB |
$0.03 |
$0.00 |
|
Disney |
DIS |
$34.34 |
-$0.01 |
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Emmis * |
EMMS |
$2.26 |
$0.01 |
|
Entercom * |
ETM |
$10.03 |
$0.17 |
|
Entravision |
EVC |
$2.58 |
-$0.13 |
|
Fisher |
FSCI |
$18.45 |
-$0.11 |
|
|
GOOG |
$482.00 |
-$4.25 |
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Journal |
JRN |
$4.50 |
-$0.24 |
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Lincoln Natl. |
LNC |
$27.05 |
-$0.36 |
|
Radio One A |
ROIA |
$2.13 |
-$0.20 |
|
Radio One D * |
ROIAK |
$2.08 |
-$0.23 |
|
Salem * |
SALM |
$4.02 |
$0.12 |
|
SBS * |
SBSA |
$1.31 |
-$0.16 |
|
Saga * |
SGA |
$25.95 |
-$0.26 |
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Sirius XM |
SIRI |
$1.06 |
-$0.01 |
|
Westwood* |
WWON |
$11.44 |
-$0.42 |
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* Component of the RBR Radio Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |
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Television Stocks |
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|
Company |
Symbol |
Close |
Change |
|
ACME * |
ACME.PK |
$0.90 |
$0.00 |
|
Belo * |
BLC |
$6.77 |
-$0.15 |
|
CBS Cl. B * |
CBS |
$14.47 |
$0.10 |
|
CBS Cl. A |
CBSa |
$14.50 |
$0.12 |
|
Disney |
DIS |
$34.34 |
-$0.01 |
|
Entravision * |
EVC |
$2.58 |
-$0.13 |
|
Fisher * |
FSCI |
$18.45 |
-$0.11 |
|
Gannett |
GCI |
$15.88 |
-$0.46 |
|
Gen. Elec. |
GE |
$15.39 |
-$0.40 |
|
|
GOOG |
$482.00 |
-$4.25 |
|
Gray * |
GTN |
$3.02 |
$0.02 |
|
Gray, Cl. A |
GTNa |
$2.91 |
$0.00 |
|
Journal |
JRN |
$4.50 |
-$0.24 |
|
Meredith |
MDP |
$33.92 |
-$0.14 |
|
Media Gen. |
MEG |
$10.80 |
$0.06 |
|
McGraw-Hill |
MHP |
$30.45 |
$0.73 |
|
News Corp. |
NWS |
$15.45 |
-$0.03 |
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Nexstar * |
NXST |
$5.94 |
-$0.05 |
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Sinclair * |
SBGI |
$6.76 |
-$0.08 |
|
SBS |
SBSA |
$1.31 |
-$0.16 |
|
Saga |
SGA |
$25.95 |
-$0.26 |
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Scripps |
SSP |
$8.26 |
-$0.10 |
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LIN TV * |
TVL |
$6.09 |
-$0.13 |
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Time Warner |
TWX |
$31.83 |
$0.28 |
|
Wash. Post |
WPO |
$438.45 |
-$5.98 |
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* Component of the TVBR Television Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |
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