Monday rally faded to a loss – 6/21/10

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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

 

 

 

 

 

 

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

Google

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

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

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

Google

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

 

 

 

 

* Component of the TVBR Television Index

 

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