Greece finally gets its act together – 2/13/12


World markets breathed a sigh of relief as the Greek parliament finally passed a package of spending cuts to win European bailout funding for the beleaguered country. The Dow Jones Industrial Average rose 73 points, or 0.6%, to 12,874. Broadcasting stocks rode the wave.

The RBR Radio Index was up 3.393, or 0.9%, to 364.005.

The TVBR Television Index was up 5.708, or 2.2%, to 268.757.

Entravision, up 8.5%
Beasley, up 7.3%
Dial Global, up 3.5%

CC Media, down 5.7%
Radio One, down 3.3%
Sinclair, down 0.7%