Gloomy Ben sinks stocks (but not radio/TV!) – 12/07/09

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Comments by Fed chief Ben Bernanke that unemployment may remain high for a while and that the economy still faces difficulties cash a dark cloud over Wall Street on Monday. The Dow Jones Industrial Average, however, managed to eek out a tiny one point rise to 10,390. The S&P 500 and Nasdaq Composite were lower. Most of the damage was in bank and tech stocks, so broadcasters were spared.


The RBR Radio Index was up 7.562, or 4.2%, to 189.209.

The TVBR Television Index was up 0.570, or 0.5%, to 112.269.

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$22.19

$0.29

Beasley *

BBGI

$4.00

-$0.20

CBS Cl. B

CBS

$13.89

$0.43

CBS Cl. A

CBSa

$13.88

$0.42

CC Media *

CCMO

$3.30

$0.30

Cumulus *

CMLS

$2.23

$0.08

Citadel

CTDB

$0.05

$0.00

Debut

DBTB

$0.04

$0.00

Disney

DIS

$31.00

$0.16

Emmis *

EMMS

$1.40

$0.21

Entercom *

ETM

$6.38

$0.09

Entravision

EVC

$2.68

$0.13

Fisher

FSCI

$16.20

-$0.26

Google

GOOG

$586.25

$1.24

Journal

JRN

$3.83

$0.12

Lincoln Natl.

LNC

$22.71

-$0.37

Regent *

RGCI

$0.27

$0.01

Radio One A

ROIA

$3.07

-$0.02

Radio One D *

ROIAK

$2.44

$0.03

Salem *

SALM

$3.99

-$0.08

SBS *

SBSA

$0.63

$0.02

Saga *

SGA

$13.47

-$0.03

Sirius XM

SIRI

$0.63

$0.00

Westwood

WWON

$5.74

-$0.07

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.25

$0.00

Belo *

BLC

$5.16

$0.14

CBS Cl. B *

CBS

$13.89

$0.43

CBS Cl. A

CBSa

$13.88

$0.42

Disney

DIS

$31.00

$0.16

Entravision *

EVC

$2.68

$0.13

Fisher *

FSCI

$16.20

-$0.26

Gannett

GCI

$11.09

$0.80

Gen. Elec.

GE

$16.08

-$0.12

Google

GOOG

$586.25

$1.24

Gray *

GTN

$1.37

-$0.04

Gray, Cl. A

GTNa

$1.39

$0.00

Journal

JRN

$3.83

$0.12

Meredith

MDP

$28.68

$0.24

Media Gen.

MEG

$8.33

$0.06

McGraw-Hill

MHP

$32.56

$0.63

News Corp.

NWS

$14.52

$0.23

Nexstar *

NXST

$3.43

$0.10

Sinclair *

SBGI

$3.59

-$0.06

SBS

SBSA

$0.63

$0.02

Saga

SGA

$13.47

-$0.03

Scripps

SSP

$6.09

$0.05

LIN TV *

TVL

$4.12

-$0.14

Time Warner

TWX

$31.33

-$0.09

Wash. Post

WPO

$409.53

-$2.22

Young

YBTVQ

$0.01

$0.00

 

 

 

 

* Component of the TVBR Television Index

 

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