Beige Book makes for gray day – 7/28/10

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Stock prices fell as the “Beige Book” from the Federal Reserve indicated that the economic recovery is losing steam. Also, the government’s monthly report on durable goods orders was weak. The Dow Jones Industrial Average fell 40 points, or 0.4%, to 10,498. Broadcasting stocks were mixed.


The RBR Radio Index was up 4.795, or 1.6%, to 297.917.

The TVBR Television Index was down  5.962, or 3%, to 193.742.

Winners
CC Media, up 17.9%
Beasley, up 10.9%
Emmis, up 3.1%

Losers
Gray, down 8.2%
Entercom, down 5.1%
Belo, down 3.9%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$29.49

-$1.22

Beasley *

BBGI

$4.98

$0.49

CBS Cl. B

CBS

$14.62

-$0.26

CBS Cl. A

CBSa

$14.64

-$0.09

CC Media *

CCMO

$7.25

$1.10

Cumulus *

CMLS

$3.15

$0.05

Debut

DBTB

$0.04

$0.00

Disney

DIS

$34.04

-$0.24

Emmis *

EMMS

$2.01

$0.06

Entercom *

ETM

$8.63

-$0.46

Entravision

EVC

$2.25

-$0.06

Fisher

FSCI

$17.63

-$0.41

Google

GOOG

$484.35

-$8.28

Journal

JRN

$4.57

-$0.30

Lincoln Natl.

LNC

$24.09

-$0.47

Radio One A

ROIA

$1.25

$0.01

Radio One D *

ROIAK

$1.14

$0.02

Salem *

SALM

$3.77

-$0.19

SBS *

SBSA

$1.18

-$0.04

Saga *

SGA

$22.45

$0.08

Sirius XM

SIRI

$1.00

-$0.02

Westwood*

WWON

$6.94

-$0.06

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.95

-$0.03

Belo *

BLC

$6.34

-$0.26

CBS Cl. B *

CBS

$14.62

-$0.26

CBS Cl. A

CBSa

$14.64

-$0.09

Disney

DIS

$34.04

-$0.24

Entravision *

EVC

$2.25

-$0.06

Fisher *

FSCI

$17.63

-$0.41

Gannett

GCI

$13.90

-$0.33

Gen. Elec.

GE

$16.05

-$0.13

Google

GOOG

$484.35

-$8.28

Gray *

GTN

$2.59

-$0.23

Gray, Cl. A

GTNa

$2.55

-$0.17

Journal

JRN

$4.57

-$0.30

Meredith

MDP

$31.55

-$0.58

Media Gen.

MEG

$10.25

-$0.87

McGraw-Hill

MHP

$30.20

-$0.48

News Corp.

NWS

$14.69

-$0.27

Nexstar *

NXST

$5.62

$0.05

Sinclair *

SBGI

$5.98

-$0.20

SBS

SBSA

$1.18

-$0.04

Saga

SGA

$22.45

$0.08

Scripps

SSP

$7.81

-$0.10

LIN TV *

TVL

$5.65

-$0.16

Time Warner

TWX

$31.27

-$0.45

Wash. Post

WPO

$423.92

-$6.85

 

 

 

 

* Component of the TVBR Television Index

 

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