Banks boost stock prices – 10/18/11

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Bank of America reported better than expected Q3 results and financial issues led the stock market higher. The Dow Jones Industrial Average rose 180 points, or 1.6%, to 11,577. Broadcasting stocks also had a good day.


The RBR Radio Index was up 7.209, or 2.7%, to 276.066.

The TVBR Television Index was up 7.589, or 3.5%, to 225.274.

 

 

 

Winners
Beasley, up 11.3%
Westwood, up 8.6%
LIN, up 7.8%

Losers
SBS, down 1.6%
CC Media, down 2.2%
Cumulus, down 1.1%