Financial stocks led Friday retreat – 01/22/10

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Concerns about proposed new bank taxes and whether Fed chief Ben Bernanke would win a second term pressed down on stock prices Friday. The Dow Jones Industrial Average fell 217 points, or 2.1%, to 10,173. Broadcast stocks reversed Thursday’s outcome, with TV up and radio down.


The RBR Radio Index was down 3.600, or 1.7%, to 209.262.

The TVBR Television Index was up 2.819, or 2%, to 140.831.

Winners
Nexstar, up 11.9%
Entravision, up 8.4%
LIN, up 3%

Losers
ACME, down 14.3%
CC Media, down 7.9%
Westwood, down 7.5%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$26.03

$0.22

Beasley *

BBGI

$3.28

-$0.08

CBS Cl. B

CBS

$13.30

$0.10

CBS Cl. A

CBSa

$13.27

$0.07

CC Media *

CCMO

$3.50

-$0.30

Cumulus *

CMLS

$2.58

$0.04

Citadel

CTDB

$0.04

$0.00

Debut

DBTB

$0.05

$0.00

Disney

DIS

$29.98

-$0.63

Emmis *

EMMS

$1.18

$0.01

Entercom *

ETM

$8.29

-$0.32

Entravision

EVC

$3.49

$0.27

Fisher

FSCI

$13.12

$0.04

Google

GOOG

$550.01

-$32.97

Journal

JRN

$3.47

-$0.05

Lincoln Natl.

LNC

$24.47

-$1.54

Regent *

RGCI

$0.13

$0.00

Radio One A

ROIA

$3.94

-$0.04

Radio One D *

ROIAK

$3.43

-$0.10

Salem *

SALM

$5.40

$0.12

SBS *

SBSA

$0.84

$0.00

Saga *

SGA

$12.31

-$0.19

Sirius XM

SIRI

$0.69

-$0.01

Westwood*

WWON

$3.80

-$0.31

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.42

-$0.07

Belo *

BLC

$6.15

$0.15

CBS Cl. B *

CBS

$13.30

$0.10

CBS Cl. A

CBSa

$13.27

$0.07

Disney

DIS

$29.98

-$0.63

Entravision *

EVC

$3.49

$0.27

Fisher *

FSCI

$13.12

$0.04

Gannett

GCI

$15.42

-$0.29

Gen. Elec.

GE

$16.11

$0.09

Google

GOOG

$550.01

-$32.97

Gray *

GTN

$1.92

$0.03

Gray, Cl. A

GTNa

$2.06

-$0.11

Journal

JRN

$3.47

-$0.05

Meredith

MDP

$31.50

-$0.27

Media Gen.

MEG

$7.70

-$0.40

McGraw-Hill

MHP

$33.26

-$0.08

News Corp.

NWS

$14.74

-$0.44

Nexstar *

NXST

$4.42

$0.47

Sinclair *

SBGI

$4.90

$0.20

SBS

SBSA

$0.84

$0.00

Saga

SGA

$12.31

-$0.19

Scripps

SSP

$6.22

-$0.07

LIN TV *

TVL

$4.49

$0.13

Time Warner

TWX

$27.20

-$0.86

Wash. Post

WPO

$446.82

$0.00

 

 

 

 

* Component of the TVBR Television Index

 

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