Broadcasters Buck the Ebb Tide


US stock traders were once again said to be in the thrall of Greece, and took their insecurities out on American stocks with no ties whatsoever to that troubled nation. Both the radio and television stocks we follow managed to post gains, however – that’s the good news. But if you’re looking for big gains, you’re going to be disappointed.

The RBR Radio Index rose 1.473, or 0.2%, to 737.700.

The TVBR Television Index rose 0.951, or 0.1%, to 963.691.

Beasley, up 1.9%
Salem, up 1.3%
Gray, up 0.9%

Cumulus, down 1.4%
Radio One, down 1.0%
Tribune, down 0.8%