Wall Street traders began Monday euphoric over China’s weekend decision to let its currency appreciate against the US dollar, which would make US products more competitive price-wise. However, the rally faded as traders returned to worrying about the economic outlook for the US and Europe. The Dow Jones Industrial Average, which had been up over 140 points early on, ended the session down eight points, or 0.1%, at 10,442. Broadcasting stocks were also lower.
The RBR Radio Index was down 13.296, or 3.5%, at 363.064.
The TVBR Television Index was down 0.167, or 0.1%, at 207.164.
Winners
Gray, up 7.1%
Sinclair, up 3%
Saga, up 1.7%
Losers
CC Media, down 12.1%
Beasley, down 7.9%
Salem, down 6.4%
Radio Stocks |
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Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$28.17 |
$0.07 |
Beasley * |
BBGI |
$6.19 |
-$0.53 |
CBS Cl. B |
CBS |
$14.78 |
-$0.15 |
CBS Cl. A |
CBSa |
$14.77 |
-$0.17 |
CC Media * |
CCMO |
$8.35 |
-$1.15 |
Cumulus * |
CMLS |
$3.88 |
-$0.01 |
Debut |
DBTB |
$0.03 |
$0.00 |
Disney |
DIS |
$35.06 |
-$0.09 |
Emmis * |
EMMS |
$2.27 |
$0.02 |
Entercom * |
ETM |
$10.14 |
-$0.40 |
Entravision |
EVC |
$2.75 |
-$0.01 |
Fisher |
FSCI |
$18.60 |
-$0.74 |
|
GOOG |
$488.56 |
-$11.47 |
Journal |
JRN |
$4.82 |
$0.00 |
Lincoln Natl. |
LNC |
$27.64 |
-$0.17 |
Radio One A |
ROIA |
$2.40 |
-$0.06 |
Radio One D * |
ROIAK |
$2.35 |
-$0.09 |
Salem * |
SALM |
$3.92 |
-$0.27 |
SBS * |
SBSA |
$1.55 |
-$0.03 |
Saga * |
SGA |
$26.33 |
$0.43 |
Sirius XM |
SIRI |
$1.08 |
$0.04 |
Westwood* |
WWON |
$11.50 |
-$0.68 |
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* Component of the RBR Radio Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |
Television Stocks |
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Company |
Symbol |
Close |
Change |
ACME * |
ACME.PK |
$0.90 |
$0.00 |
Belo * |
BLC |
$7.13 |
$0.00 |
CBS Cl. B * |
CBS |
$14.78 |
-$0.15 |
CBS Cl. A |
CBSa |
$14.77 |
-$0.17 |
Disney |
DIS |
$35.06 |
-$0.09 |
Entravision * |
EVC |
$2.75 |
-$0.01 |
Fisher * |
FSCI |
$18.60 |
-$0.74 |
Gannett |
GCI |
$16.56 |
-$0.09 |
Gen. Elec. |
GE |
$16.10 |
$0.15 |
|
GOOG |
$488.56 |
-$11.47 |
Gray * |
GTN |
$3.02 |
$0.20 |
Gray, Cl. A |
GTNa |
$2.91 |
$0.00 |
Journal |
JRN |
$4.82 |
$0.00 |
Meredith |
MDP |
$34.93 |
-$0.42 |
Media Gen. |
MEG |
$11.14 |
-$0.50 |
McGraw-Hill |
MHP |
$29.97 |
-$0.13 |
News Corp. |
NWS |
$15.84 |
-$0.20 |
Nexstar * |
NXST |
$5.70 |
-$0.15 |
Sinclair * |
SBGI |
$6.84 |
$0.20 |
SBS |
SBSA |
$1.55 |
-$0.03 |
Saga |
SGA |
$26.33 |
$0.43 |
Scripps |
SSP |
$8.70 |
$0.21 |
LIN TV * |
TVL |
$6.31 |
-$0.20 |
Time Warner |
TWX |
$32.54 |
-$0.42 |
Wash. Post |
WPO |
$456.09 |
-$1.81 |
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* Component of the TVBR Television Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |