China's move reverberates on Wall Street – 10/19/10

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China’s central bank shocked Wall Street by announcing an increase in interest rates. And then there were worries about a battle between Bank of America and some hedge funds over mortgage securities. So, the Dow Jones Industrial Average fell 165 points, or 1.5%, to 10,979. Broadcasting stocks were not spared.


The RBR Radio Index was down 7.770, or 2.7%, to 276.970.

The TVBR Television Index was down 3.478, or 1.7%, to 199.441.

 

Winners
Nexstar, up 1.2%
Emmis, up 0.6%
n/a

Losers
Radio One, down 6.2%
LIN, down 5.7%
Arbitron, down 4.2%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$28.80

-$1.26

Beasley *

BBGI

$5.14

-$0.11

CBS Cl. B

CBS

$17.12

-$0.37

CBS Cl. A

CBSa

$17.15

-$0.34

CC Media *

CCMO

$6.85

-$0.15

Cumulus *

CMLS

$3.47

-$0.18

Debut

DBTB

$0.05

$0.00

Disney

DIS

$34.24

-$0.51

Emmis *

EMMS

$0.78

$0.00

Entercom *

ETM

$8.49

-$0.37

Entravision

EVC

$2.30

-$0.04

Fisher

FSCI

$18.51

-$0.51

Google

GOOG

$607.83

-$9.88

Journal

JRN

$4.77

$0.00

Lincoln Natl.

LNC

$25.36

-$0.63

Radio One A

ROIA

$0.98

-$0.08

Radio One D *

ROIAK

$0.91

-$0.06

Salem *

SALM

$3.16

-$0.08

SBS *

SBSA

$0.79

-$0.01

Saga *

SGA

$21.68

-$0.47

Sirius XM

SIRI

$1.34

-$0.03

Westwood*

WWON

$9.45

-$0.15

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.88

$0.00

Belo *

BLC

$6.28

-$0.16

CBS Cl. B *

CBS

$17.12

-$0.37

CBS Cl. A

CBSa

$17.15

-$0.34

Disney

DIS

$34.24

-$0.51

Entravision *

EVC

$2.30

-$0.04

Fisher *

FSCI

$18.51

-$0.51

Gannett

GCI

$12.13

-$0.34

Gen. Elec.

GE

$16.07

-$0.18

Google

GOOG

$607.83

-$9.88

Gray *

GTN

$1.99

-$0.01

Gray, Cl. A

GTNa

$1.96

$0.00

Journal

JRN

$4.77

$0.00

Meredith

MDP

$34.38

-$0.50

Media Gen.

MEG

$7.98

-$0.65

McGraw-Hill

MHP

$34.99

-$0.53

News Corp.

NWS

$15.59

-$0.23

Nexstar *

NXST

$5.91

$0.07

Sinclair *

SBGI

$8.19

-$0.12

SBS

SBSA

$0.79

-$0.01

Saga

SGA

$21.68

-$0.47

Scripps

SSP

$8.03

-$0.39

LIN TV *

TVL

$4.64

-$0.28

Time Warner

TWX

$31.20

-$0.53

Wash. Post

WPO

$379.11

-$3.46

 

 

 

 

* Component of the TVBR Television Index

 

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