Big Ben boosts stocks – 02/24/10

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Stock prices advanced after Fed chief Ben Bernanke told Congress that interest rates will stay low for some time. The Dow Jones Industrial Average was up 92 points, or 0.9%, to 10,374. Broadcasting stocks, however, were mixed.


The RBR Radio Index was down 0.232, or 0.1%, to 215.602.

The TVBR Television Index was up 1.661, or 1.2%, to 145.029.

Winners
Regent, up 7.1%
LIN, up 5.1%
Belo, up 2.7%

Losers
Emmis, down 6.9%
Radio One, down 6.5%
SBS, down 1.3%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$22.17

$0.13

Beasley *

BBGI

$4.06

$0.00

CBS Cl. B

CBS

$13.20

$0.18

CBS Cl. A

CBSa

$13.24

$0.20

CC Media *

CCMO

$2.95

$0.00

Cumulus *

CMLS

$2.63

$0.03

Citadel

CTDB

$0.04

$0.00

Debut

DBTB

$0.05

$0.00

Disney

DIS

$31.39

$0.47

Emmis *

EMMS

$0.94

-$0.07

Entercom *

ETM

$9.03

$0.18

Entravision

EVC

$3.07

$0.00

Fisher

FSCI

$16.09

-$0.01

Google

GOOG

$531.47

-$3.60

Journal

JRN

$3.80

$0.07

Lincoln Natl.

LNC

$25.34

$0.69

Regent *

RGCI

$0.15

$0.01

Radio One A

ROIA

$3.26

-$0.28

Radio One D *

ROIAK

$2.90

-$0.20

Salem *

SALM

$5.08

$0.12

SBS *

SBSA

$0.76

-$0.01

Saga *

SGA

$14.26

$0.00

Sirius XM

SIRI

$1.10

-$0.02

Westwood*

WWON

$6.14

$0.00

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.35

$0.00

Belo *

BLC

$6.85

$0.18

CBS Cl. B *

CBS

$13.20

$0.18

CBS Cl. A

CBSa

$13.24

$0.20

Disney

DIS

$31.39

$0.47

Entravision *

EVC

$3.07

$0.00

Fisher *

FSCI

$16.09

-$0.01

Gannett

GCI

$15.00

$0.20

Gen. Elec.

GE

$16.12

$0.17

Google

GOOG

$531.47

-$3.60

Gray *

GTN

$1.73

$0.01

Gray, Cl. A

GTNa

$2.18

$0.00

Journal

JRN

$3.80

$0.07

Meredith

MDP

$31.11

$0.18

Media Gen.

MEG

$8.31

$0.22

McGraw-Hill

MHP

$34.60

$0.30

News Corp.

NWS

$15.92

$0.31

Nexstar *

NXST

$4.61

$0.06

Sinclair *

SBGI

$5.06

-$0.03

SBS

SBSA

$0.76

-$0.01

Saga

SGA

$14.26

$0.00

Scripps

SSP

$7.58

$0.28

LIN TV *

TVL

$5.36

$0.26

Time Warner

TWX

$28.68

$0.42

Wash. Post

WPO

$420.30

$7.79

 

 

 

 

* Component of the TVBR Television Index

 

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