President Obama unnerves Wall Street – 01/21/10

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The announcement of proposed new restrictions on banks by President Barack Obama sent financial stocks skidding. That was after the bad news of a rise in first time unemployment claims. The Dow Jones Industrial Average fell 213 points, or 2%, to 10,390. Radio stocks managed to buck the trend, but TV stocks were lower.


The RBR Radio Index was up 0.956, or 0.5%, to 212.862.

The TVBR Television Index was down 0.623, or 0.5%, to 138.012.

Winners
ACME, up 19.5%
Entercom, up 4.7%
Regent, up 4%

Losers
LIN, down 5.2%
Fisher, down 4.7%
Sinclair, down 4.5%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$25.81

$0.32

Beasley *

BBGI

$3.36

-$0.06

CBS Cl. B

CBS

$13.20

-$0.36

CBS Cl. A

CBSa

$13.20

-$0.35

CC Media *

CCMO

$3.80

$0.00

Cumulus *

CMLS

$2.54

-$0.10

Citadel

CTDB

$0.03

$0.00

Debut

DBTB

$0.05

-$0.02

Disney

DIS

$30.61

-$0.58

Emmis *

EMMS

$1.17

$0.02

Entercom *

ETM

$8.61

$0.39

Entravision

EVC

$3.22

-$0.13

Fisher

FSCI

$13.08

-$0.65

Google

GOOG

$582.98

$2.57

Journal

JRN

$3.52

-$0.11

Lincoln Natl.

LNC

$26.01

-$1.06

Regent *

RGCI

$0.13

$0.01

Radio One A

ROIA

$3.98

-$0.09

Radio One D *

ROIAK

$3.53

-$0.05

Salem *

SALM

$5.28

-$0.17

SBS *

SBSA

$0.84

$0.00

Saga *

SGA

$12.50

$0.45

Sirius XM

SIRI

$0.70

-$0.02

Westwood*

WWON

$4.11

$0.00

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.49

$0.08

Belo *

BLC

$6.00

$0.20

CBS Cl. B *

CBS

$13.20

-$0.36

CBS Cl. A

CBSa

$13.20

-$0.35

Disney

DIS

$30.61

-$0.58

Entravision *

EVC

$3.22

-$0.13

Fisher *

FSCI

$13.08

-$0.65

Gannett

GCI

$15.71

-$0.25

Gen. Elec.

GE

$16.02

-$0.48

Google

GOOG

$582.98

$2.57

Gray *

GTN

$1.89

-$0.08

Gray, Cl. A

GTNa

$2.17

-$0.04

Journal

JRN

$3.52

-$0.11

Meredith

MDP

$31.77

-$1.39

Media Gen.

MEG

$8.10

-$0.38

McGraw-Hill

MHP

$33.34

-$0.34

News Corp.

NWS

$15.18

-$0.29

Nexstar *

NXST

$3.95

-$0.08

Sinclair *

SBGI

$4.70

-$0.22

SBS

SBSA

$0.84

$0.00

Saga

SGA

$12.50

$0.45

Scripps

SSP

$6.29

-$0.23

LIN TV *

TVL

$4.36

-$0.24

Time Warner

TWX

$28.06

-$0.56

Wash. Post

WPO

$446.82

$4.01

 

 

 

 

* Component of the TVBR Television Index

 

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