Jobs report gave stocks a boost

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In a reversal of the previous day, the job news from the government on Friday was bad – a 4th straight month of job losses in September – and that made Wall Streeters bullish on stocks because it puts pressure on the Fed to keep buying bonds to pump money into the economy. The Dow Jones Industrial Average pushed back above 11K, rising 58 points, or 0.5%, to 11,006. Broadcasting stocks moved up across the board with the market. 


The RBR Radio Index was up 6.161, or 2.3%, to 277.832.

The TVBR Television Index was up 4.271, or 2.2%, to 200.116.

Winners
Entercom, up 6.6%
Radio One, up 6.4%
LIN, up 6.4%

Losers
n/a
n/a
n/a

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$29.85

$0.77

Beasley *

BBGI

$5.25

$0.02

CBS Cl. B

CBS

$17.23

$0.25

CBS Cl. A

CBSa

$17.20

$0.20

CC Media *

CCMO

$7.10

$0.00

Cumulus *

CMLS

$3.02

$0.06

Debut

DBTB

$0.03

$0.00

Disney

DIS

$34.51

$0.60

Emmis *

EMMS

$0.83

$0.02

Entercom *

ETM

$8.57

$0.53

Entravision

EVC

$2.09

$0.01

Fisher

FSCI

$18.67

$0.78

Google

GOOG

$536.35

$6.34

Journal

JRN

$4.77

$0.11

Lincoln Natl.

LNC

$24.94

$0.53

Radio One A

ROIA

$0.96

$0.00

Radio One D *

ROIAK

$0.96

$0.06

Salem *

SALM

$2.86

$0.00

SBS *

SBSA

$0.85

$0.01

Saga *

SGA

$20.50

$0.20

Sirius XM

SIRI

$1.29

$0.00

Westwood*

WWON

$10.38

$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

$1.05

$0.00

Belo *

BLC

$6.30

$0.03

CBS Cl. B *

CBS

$17.23

$0.25

CBS Cl. A

CBSa

$17.20

$0.20

Disney

DIS

$34.51

$0.60

Entravision *

EVC

$2.09

$0.01

Fisher *

FSCI

$18.67

$0.78

Gannett

GCI

$13.60

$1.01

Gen. Elec.

GE

$17.12

$0.07

Google

GOOG

$536.35

$6.34

Gray *

GTN

$2.01

$0.02

Gray, Cl. A

GTNa

$1.86

$0.00

Journal

JRN

$4.77

$0.11

Meredith

MDP

$34.32

$1.00

Media Gen.

MEG

$9.19

$0.67

McGraw-Hill

MHP

$34.33

$0.54

News Corp.

NWS

$15.81

$0.20

Nexstar *

NXST

$5.81

$0.10

Sinclair *

SBGI

$7.82

$0.28

SBS

SBSA

$0.85

$0.01

Saga

SGA

$20.50

$0.20

Scripps

SSP

$8.08

$0.33

LIN TV *

TVL

$4.68

$0.28

Time Warner

TWX

$31.31

$0.52

Wash. Post

WPO

$411.40

$8.96

 

 

 

 

* Component of the TVBR Television Index

 

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