Recovery continuing; stocks rise – 10/5/10

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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

Google

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

Google

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.