Broadcasters catch a ride on the Dow wave – 04/12/10

0

For the first time in 18 months, Dow topped the 11,000 mark, as investors demonstrated their optimism about the return to profitability for many companies in the US. Both radio and television companies joined the ride. It was, however, apparently a bad day to have the word “One” in your name, as both Radio One and Westwood One suffered declines..


The RBR Radio Index rose 7.463, or 7.5%, to 296.074

The TVBR Television Index rose 4.672, or 2.6%, to 186.637.

Winners
SBS, up 10.2%
ACME, up 9.5%
Emmis, up 7.9%

Losers
Radio One, down 4.0%
LIN TV, down 1.9%
Westwood One, down 1.8%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$27.00

$0.20

Beasley *

BBGI

$4.25

$0.28

CBS Cl. B

CBS

$15.20

$0.02

CBS Cl. A

CBSa

$15.34

$0.22

CC Media *

CCMO

$4.40

$0.00

Cumulus *

CMLS

$4.16

$0.09

Citadel

CTDB

$0.20

-$0.05

Debut

DBTB

$0.05

$0.00

Disney

DIS

$35.89

-$0.33

Emmis *

EMMS

$1.50

$0.11

Entercom *

ETM

$13.19

$0.06

Entravision

EVC

$3.17

-$0.03

Fisher

FSCI

$14.18

$0.07

Google

GOOG

$572.73

$6.51

Journal

JRN

$4.45

$0.10

Lincoln Natl.

LNC

$31.75

$0.09

Regent

RGCIQ

$0.16

-$0.04

Radio One A

ROIA

$3.62

-$0.14

Radio One D *

ROIAK

$3.58

-$0.15

Salem *

SALM

$4.97

$0.29

SBS *

SBSA

$0.92

$0.08

Saga *

SGA

$22.35

-$0.10

Sirius XM

SIRI

$0.97

-$0.02

Westwood*

WWON

$8.57

-$0.16

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.46

$0.04

Belo *

BLC

$7.51

$0.04

CBS Cl. B *

CBS

$15.20

$0.02

CBS Cl. A

CBSa

$15.34

$0.22

Disney

DIS

$35.89

-$0.33

Entravision *

EVC

$3.17

-$0.03

Fisher *

FSCI

$14.18

$0.07

Gannett

GCI

$18.11

$0.32

Gen. Elec.

GE

$18.71

$0.19

Google

GOOG

$572.73

$6.51

Gray *

GTN

$2.91

$0.16

Gray, Cl. A

GTNa

$3.08

$0.10

Journal

JRN

$4.45

$0.10

Meredith

MDP

$34.85

-$0.07

Media Gen.

MEG

$9.69

$0.03

McGraw-Hill

MHP

$36.03

$0.22

News Corp.

NWS

$17.66

-$0.16

Nexstar *

NXST

$6.30

$0.28

Sinclair *

SBGI

$6.15

$0.30

SBS

SBSA

$0.92

$0.08

Saga

SGA

$22.35

-$0.10

Scripps

SSP

$9.25

$0.01

LIN TV *

TVL

$6.88

-$0.13

Time Warner

TWX

$32.70

$0.07

Wash. Post

WPO

$492.10

$0.10

 

 

 

 

* Component of the TVBR Television Index

 

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