Jobs news gave Wall Street a headache on Friday – 8/6/10

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The Labor Department reported Friday that the US lost 131,000 jobs in July, which again made Wall Streeters worry about the pace of the economic recovery. That took away some of the euphoria over the string of mostly strong earnings reports that have been coming in from major corporations. Stock prices rebounded from the day’s lowest levels, but still closed down. The Dow Jones Industrial Average was off 21 points, or 0.2%, to 10,654. Broadcasting stocks were down more.


The RBR Radio Index was down 5.603, or 1.9%, to 290.144.

The TVBR Television Index was down 3.111, or 1.5%, to 199.517.

Winners
SBS, up 4.2%
Sinclair, up 3%
Nexstar, up 2.6%

Losers
Radio One, down 7.5%
Entravision, down 4.8%
Gray, down 4.8%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$27.54

-$0.87

Beasley *

BBGI

$5.80

-$0.17

CBS Cl. B

CBS

$15.36

-$0.17

CBS Cl. A

CBSa

$15.36

-$0.16

CC Media *

CCMO

$6.50

-$0.20

Cumulus *

CMLS

$2.88

-$0.10

Debut

DBTB

$0.05

$0.00

Disney

DIS

$35.00

$0.02

Emmis *

EMMS

$2.07

$0.01

Entercom *

ETM

$8.19

$0.02

Entravision

EVC

$2.19

-$0.11

Fisher

FSCI

$17.11

-$0.09

Google

GOOG

$500.22

-$7.88

Journal

JRN

$4.75

-$0.18

Lincoln Natl.

LNC

$24.69

-$0.29

Radio One A

ROIA

$1.17

$0.00

Radio One D *

ROIAK

$0.99

-$0.08

Salem *

SALM

$3.42

-$0.12

SBS *

SBSA

$1.22

$0.05

Saga *

SGA

$22.30

-$0.10

Sirius XM

SIRI

$1.05

-$0.01

Westwood*

WWON

$6.70

-$0.05

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$1.00

-$0.05

Belo *

BLC

$6.16

-$0.10

CBS Cl. B *

CBS

$15.36

-$0.17

CBS Cl. A

CBSa

$15.36

-$0.16

Disney

DIS

$35.00

$0.02

Entravision *

EVC

$2.19

-$0.11

Fisher *

FSCI

$17.11

-$0.09

Gannett

GCI

$13.15

-$0.16

Gen. Elec.

GE

$16.45

-$0.07

Google

GOOG

$500.22

-$7.88

Gray *

GTN

$2.79

-$0.14

Gray, Cl. A

GTNa

$2.75

-$0.15

Journal

JRN

$4.75

-$0.18

Meredith

MDP

$32.35

-$0.58

Media Gen.

MEG

$10.35

$0.04

McGraw-Hill

MHP

$30.58

-$0.21

News Corp.

NWS

$15.77

-$0.16

Nexstar *

NXST

$5.64

$0.14

Sinclair *

SBGI

$6.99

$0.20

SBS

SBSA

$1.22

$0.05

Saga

SGA

$22.30

-$0.10

Scripps

SSP

$7.72

-$0.24

LIN TV *

TVL

$5.55

-$0.10

Time Warner

TWX

$32.36

-$0.53

Wash. Post

WPO

$377.56

-$31.05

 

 

 

 

* Component of the TVBR Television Index

 

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