After sleeping on it, traders decided that the Fed’s plan to buy $600 billion of Treasuries wasn’t just good – it was great. The bulls ran stock prices up on Thursday. The Dow Jones Industrial Average was up 220 points, or 2%, to 11,435. Broadcasting stocks had an up day.
The RBR Radio Index was up 8.426, or 3.1%, to 284.982.
The TVBR Television Index was up 5.738, or 2.9%, to 206.497.
Winners
Westwood, up 27.7%
Cumulus, up 10.3%
SBS, up 6.7%
Losers
Radio One, down 10.3%
CC Media, down 6.7%
Salem, down 1%
Radio Stocks |
|
|
|
|
|
|
|
Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$27.25 |
$0.54 |
Beasley * |
BBGI |
$4.35 |
$0.17 |
CBS Cl. B |
CBS |
$17.66 |
$0.37 |
CBS Cl. A |
CBSa |
$17.63 |
$0.38 |
CC Media * |
CCMO |
$7.00 |
-$0.50 |
Cumulus * |
CMLS |
$3.85 |
$0.36 |
Debut |
DBTB |
$0.05 |
$0.00 |
Disney |
DIS |
$37.03 |
$0.74 |
Emmis * |
EMMS |
$0.79 |
-$0.04 |
Entercom * |
ETM |
$8.38 |
$0.28 |
Entravision |
EVC |
$2.39 |
$0.16 |
Fisher |
FSCI |
$18.78 |
$0.48 |
|
GOOG |
$624.27 |
$4.09 |
Journal |
JRN |
$4.98 |
$0.12 |
Lincoln Natl. |
LNC |
$24.90 |
$0.60 |
Radio One A |
ROIA |
$1.10 |
-$0.07 |
Radio One D * |
ROIAK |
$1.05 |
-$0.12 |
Salem * |
SALM |
$2.99 |
-$0.03 |
SBS * |
SBSA |
$0.81 |
$0.05 |
Saga * |
SGA |
$21.99 |
$0.43 |
Sirius XM |
SIRI |
$1.46 |
-$0.11 |
Westwood* |
WWON |
$11.12 |
$2.42 |
|
|
|
|
* Component of the RBR Radio Index |
|
||
© 2010 Radio Business Report, Inc. All rights reserved. |
Television Stocks |
|
|
|
|
|
|
|
Company |
Symbol |
Close |
Change |
ACME * |
ACME.PK |
$1.01 |
$0.01 |
Belo * |
BLC |
$6.30 |
$0.30 |
CBS Cl. B * |
CBS |
$17.66 |
$0.37 |
CBS Cl. A |
CBSa |
$17.63 |
$0.38 |
Disney |
DIS |
$37.03 |
$0.74 |
Entravision * |
EVC |
$2.39 |
$0.16 |
Fisher * |
FSCI |
$18.78 |
$0.48 |
Gannett |
GCI |
$12.68 |
$0.65 |
Gen. Elec. |
GE |
$16.51 |
$0.45 |
|
GOOG |
$624.27 |
$4.09 |
Gray * |
GTN |
$2.01 |
$0.01 |
Gray, Cl. A |
GTNa |
$1.90 |
$0.00 |
Journal |
JRN |
$4.98 |
$0.12 |
Meredith |
MDP |
$34.55 |
$0.45 |
Media Gen. |
MEG |
$5.35 |
$0.19 |
McGraw-Hill |
MHP |
$38.84 |
$1.01 |
News Corp. |
NWS |
$16.56 |
$0.12 |
Nexstar * |
NXST |
$5.80 |
-$0.03 |
Sinclair * |
SBGI |
$8.32 |
$0.25 |
SBS |
SBSA |
$0.81 |
$0.05 |
Saga |
SGA |
$21.99 |
$0.43 |
Scripps |
SSP |
$9.07 |
-$0.10 |
LIN TV * |
TVL |
$4.90 |
$0.22 |
Time Warner |
TWX |
$31.76 |
-$0.31 |
Wash. Post |
WPO |
$383.90 |
-$3.40 |
|
|
|
|
* Component of the TVBR Television Index |
|
||
© 2010 Radio Business Report, Inc. All rights reserved. |