Good economic news boosts trading – 05/03/10

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Better than expected news about consumer spending and manufacturing inspired investors to put more money into Wall Street. And it didn’t hurt that investment guru Warren Buffett came to the defense of Goldman Sachs. But the good news didn’t do much for broadcasters. Radio was only slightly up, and TV was slightly down. But that’s as a pair of groups – within each, there were some wild swings.


The RBR Radio Index rose 0.616, or 0.2%, to 408.252.

The TVBR Television Index fell 0.299, or 0.1%, to 218.424.

Winners
SBS, up 14.6%
LIN, up 9.5%
Arbitron, up 7.3%

Losers
ACME, down 27.8%
CC Media, down 13.33%
Salem, down 6.1%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$33.06

$2.25

Beasley *

BBGI

$5.76

-$0.12

CBS Cl. B

CBS

$16.71

$0.50

CBS Cl. A

CBSa

$16.68

$0.45

CC Media *

CCMO

$5.85

-$0.90

Cumulus *

CMLS

$4.93

$0.05

Citadel

CTDB

$0.22

-$0.23

Debut

DBTB

$0.03

$0.00

Disney

DIS

$37.56

$0.72

Emmis *

EMMS

$2.33

$0.01

Entercom *

ETM

$14.50

-$0.06

Entravision

EVC

$3.26

$0.05

Fisher

FSCI

$14.51

-$0.53

Google

GOOG

$530.60

$4.91

Journal

JRN

$6.38

$0.71

Lincoln Natl.

LNC

$31.20

$0.61

Radio One A

ROIA

$5.37

$0.17

Radio One D *

ROIAK

$5.37

$0.33

Salem *

SALM

$4.39

-$0.29

SBS *

SBSA

$1.96

$0.25

Saga *

SGA

$27.68

$0.13

Sirius XM

SIRI

$1.23

$0.05

Westwood*

WWON

$14.39

-$0.26

 

 

 

 

* Component of the RBR Radio Index                          

 

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

 

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.65

-$0.25

Belo *

BLC

$8.99

$0.32

CBS Cl. B *

CBS

$16.71

$0.50

CBS Cl. A

CBSa

$16.68

$0.45

Disney

DIS

$37.56

$0.72

Entravision *

EVC

$3.26

$0.05

Fisher *

FSCI

$14.51

-$0.53

Gannett

GCI

$17.29

$0.27

Gen. Elec.

GE

$19.26

$0.40

Google

GOOG

$530.60

$4.91

Gray *

GTN

$3.90

$0.15

Gray, Cl. A

GTNa

$3.95

$0.28

Journal

JRN

$6.38

$0.71

Meredith

MDP

$36.67

$0.74

Media Gen.

MEG

$12.88

$0.23

McGraw-Hill

MHP

$33.79

$0.07

News Corp.

NWS

$18.38

$0.59

Nexstar *

NXST

$6.86

$0.15

Sinclair *

SBGI

$7.29

$0.41

SBS

SBSA

$1.96

$0.25

Saga

SGA

$27.68

$0.13

Scripps

SSP

$11.43

$0.49

LIN TV *

TVL

$7.92

$0.69

Time Warner

TWX

$33.88

$0.80

Wash. Post

WPO

$515.08

$7.92

 

 

 

 

* Component of the TVBR Television Index

 

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