Fed to hold rates low for a while – 11/04/09

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You’d think that assurance from the Federal Reserve would have been met with cheers on Wall Street, and it was, but stocks closed mixed as traders reeled from a vote by the House of Representatives to speed up a clamp-down on credit card interest rates. Bank stocks fell and ended the day’s rally. The Dow Industrials closed up 30 points, or 0.3%, at 9,802. The S&P 500 was also up, but the Nasdaq Composite ended the session down. Broadcasters split, with radio down and TV up.


The RBR Radio Index was down 0.351, or 0.2%, at 160.276.

The TVBR Television Index was up 2.1138, or 2.1%, at 104.379.

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$21.56

$0.06

Beasley *

BBGI

$3.55

$0.15

CBS Cl. B

CBS

$11.90

-$0.07

CBS Cl. A

CBSa

$11.98

$0.04

CC Media *

CCMO

$1.11

-$0.14

Cumulus *

CMLS

$2.26

$0.06

Citadel

CTDB

$0.11

$0.00

Debut

DBTB

$0.11

$0.04

Disney

DIS

$28.03

$0.41

Emmis *

EMMS

$1.33

$0.13

Entercom *

ETM

$6.55

-$0.05

Entravision

EVC

$2.20

$0.07

Fisher

FSCI

$19.69

$0.47

Google

GOOG

$540.33

$3.04

Journal

JRN

$3.68

$0.01

Lincoln Natl.

LNC

$23.30

-$0.70

Regent *

RGCI

$0.63

$0.00

Radio One A

ROIA

$2.23

-$0.03

Radio One D *

ROIAK

$1.91

$0.09

Salem *

SALM

$3.21

-$0.17

SBS *

SBSA

$0.72

-$0.02

Saga *

SGA

$10.69

-$0.69

Sirius XM

SIRI

$0.61

$0.01

Westwood

WWOZ

$5.00

$0.00

 

 

 

 

* Component of the RBR Radio Index                          

 

© 2009 Radio Business Report, Inc. All rights reserved.

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.35

$0.03

Belo *

BLC

$4.65

$0.09

CBS Cl. B *

CBS

$11.90

-$0.07

CBS Cl. A

CBSa

$11.98

$0.04

Disney

DIS

$28.03

$0.41

Entravision *

EVC

$2.20

$0.07

Fisher *

FSCI

$19.69

$0.47

Gannett

GCI

$10.14

-$0.40

Gen. Elec.

GE

$14.19

-$0.13

Google

GOOG

$540.33

$3.04

Gray *

GTN

$1.36

$0.01

Gray, Cl. A

GTNa

$1.62

$0.00

Journal

JRN

$3.68

$0.01

Meredith

MDP

$27.39

-$0.08

Media Gen.

MEG

$8.30

-$0.20

McGraw-Hill

MHP

$28.66

-$0.07

News Corp.

NWS

$13.65

$0.14

Nexstar *

NXST

$2.05

-$0.11

Sinclair *

SBGI

$3.81

-$0.23

SBS

SBSA

$0.72

-$0.02

Saga

SGA

$10.69

-$0.69

Scripps

SSP

$6.31

-$0.21

LIN TV *

TVL

$4.27

$0.47

Time Warner

TWX

$30.10

-$0.06

Wash. Post

WPO

$428.90

-$0.55

Young

YBTVQ

$0.01

$0.00

 

 

 

 

* Component of the TVBR Television Index

 

© 2009 Radio Business Report, Inc. All rights reserved.