Rally runs to four days on Greek debt settlement – 6/30/11


Stock prices gained again on Thursday as Q2 came to a close. Lawmakers in Greece passed another measure to implement economic reforms related to the country’s debt bailout. Also, first time US jobless claims were down, though not by much. The Dow Jones Industrial Average was up 153 points, or 1.3%, to 12,414. Broadcasting stocks joined in the advance.

The RBR Radio Index was up 7.196, or 2.1%, to 358.077.

The TVBR Television Index was up 1.825, or 0.7%, to 273.204.


Entercom, up 8.5%
Beasley, up 5.3%
Arbitron, up 3.4%

SBS, down 2.8%
Cumulus, down 1.4%
Salem, down 0.9%