A closely watched report from the Institute for Supply Management showed the ninth consecutive month of growth for the non-manufacturing sector in September. That reassured Wall Streeters that the recovery continues. Also, the Bank of Japan pledged to keep interest rates low and make money available until prices stabilize. Investors liked that a lot. The Dow Jones Industrial Average rose 193 points, or 1.8%, to 10,945. Broadcasting stocks surged with the market.
The RBR Radio Index was up 11.852, or 4.6%, to 270.433.
The TVBR Television Index was up 7.915, or 4.2%, to 197.548.
Winners
CC Media, up 12.7%
Entravision, up 10.4%
Radio One, up 8.6%
Losers
Salem, down 3.3%
SBS, down 0.1%
n/a
Radio Stocks |
|
|
|
|
|
|
|
Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$28.45 |
$0.75 |
Beasley * |
BBGI |
$5.37 |
$0.34 |
CBS Cl. B |
CBS |
$16.66 |
$0.27 |
CBS Cl. A |
CBSa |
$16.64 |
$0.24 |
CC Media * |
CCMO |
$7.10 |
$0.80 |
Cumulus * |
CMLS |
$2.83 |
$0.18 |
Debut |
DBTB |
$0.04 |
$0.00 |
Disney |
DIS |
$33.83 |
$0.69 |
Emmis * |
EMMS |
$0.83 |
$0.00 |
Entercom * |
ETM |
$8.00 |
$0.08 |
Entravision |
EVC |
$2.12 |
$0.20 |
Fisher |
FSCI |
$18.00 |
$0.72 |
|
GOOG |
$538.23 |
$15.88 |
Journal |
JRN |
$4.60 |
$0.33 |
Lincoln Natl. |
LNC |
$24.70 |
$0.80 |
Radio One A |
ROIA |
$0.98 |
-$0.01 |
Radio One D * |
ROIAK |
$0.93 |
$0.07 |
Salem * |
SALM |
$2.92 |
-$0.10 |
SBS * |
SBSA |
$0.84 |
$0.00 |
Saga * |
SGA |
$20.28 |
$0.00 |
Sirius XM |
SIRI |
$1.28 |
$0.01 |
Westwood* |
WWON |
$9.34 |
$1.32 |
|
|
|
|
* Component of the RBR Radio Index |
|
||
© 2010 Radio Business Report, Inc. All rights reserved. |
Television Stocks |
|
|
|
|
|
|
|
Company |
Symbol |
Close |
Change |
ACME * |
ACME.PK |
$1.11 |
$0.01 |
Belo * |
BLC |
$6.20 |
$0.11 |
CBS Cl. B * |
CBS |
$16.66 |
$0.27 |
CBS Cl. A |
CBSa |
$16.64 |
$0.24 |
Disney |
DIS |
$33.83 |
$0.69 |
Entravision * |
EVC |
$2.12 |
$0.20 |
Fisher * |
FSCI |
$18.00 |
$0.72 |
Gannett |
GCI |
$12.60 |
$0.31 |
Gen. Elec. |
GE |
$16.51 |
$0.41 |
|
GOOG |
$538.23 |
$15.88 |
Gray * |
GTN |
$2.00 |
$0.05 |
Gray, Cl. A |
GTNa |
$1.96 |
$0.06 |
Journal |
JRN |
$4.60 |
$0.33 |
Meredith |
MDP |
$33.07 |
$0.36 |
Media Gen. |
MEG |
$8.62 |
$0.18 |
McGraw-Hill |
MHP |
$33.64 |
$0.67 |
News Corp. |
NWS |
$15.48 |
$0.44 |
Nexstar * |
NXST |
$5.81 |
$0.41 |
Sinclair * |
SBGI |
$7.43 |
$0.31 |
SBS |
SBSA |
$0.84 |
$0.00 |
Saga |
SGA |
$20.28 |
$0.00 |
Scripps |
SSP |
$8.02 |
$0.30 |
LIN TV * |
TVL |
$4.50 |
$0.18 |
Time Warner |
TWX |
$30.60 |
$0.44 |
Wash. Post |
WPO |
$407.81 |
$4.20 |
|
|
|
|
* Component of the TVBR Television Index |
|
||
© 2010 Radio Business Report, Inc. All rights reserved. |