Stock gains modest, but at least gains – 06/03/10

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First time claims for unemployment payments fell for the second straight week and ADP, the payroll processing company, said private employers added 55,000 jobs in May. Those good reports cheered Wall Street traders, although there was still caution while awaiting the government’s monthly jobs report due out Friday morning. The Dow Jones Industrial Average edged up six points to 10,255. Broadcasting stocks did somewhat better than that.


The RBR Radio Index was up 6.636, or 1.7%, to 405.990.

The TVBR Television Index was up 1.494, or 0.7%, to 204.179.

Winners
Gray, up 5.6%
Cumulus, up 4.5%
Arbitron, up 4%

Losers
Nexstar, down 5.1%
Radio One, down 2.3%
n/a

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$31.15

$1.19

Beasley *

BBGI

$5.36

$0.02

CBS Cl. B

CBS

$14.76

$0.13

CBS Cl. A

CBSa

$14.77

$0.18

CC Media *

CCMO

$11.50

$0.00

Cumulus *

CMLS

$4.18

$0.18

Citadel

CTDB

$0.01

$0.00

Debut

DBTB

$0.03

$0.00

Disney

DIS

$34.71

-$0.03

Emmis *

EMMS

$2.28

$0.02

Entercom *

ETM

$12.60

$0.17

Entravision

EVC

$2.70

$0.00

Fisher

FSCI

$16.75

$0.23

Google

GOOG

$505.60

$12.23

Journal

JRN

$4.81

-$0.07

Lincoln Natl.

LNC

$27.28

$0.36

Radio One A

ROIA

$3.92

-$0.05

Radio One D *

ROIAK

$3.90

-$0.09

Salem *

SALM

$4.17

$0.13

SBS *

SBSA

$1.79

$0.02

Saga *

SGA

$27.90

$0.80

Sirius XM

SIRI

$1.01

$0.01

Westwood*

WWON

$11.48

$0.24

 

 

 

 

* 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

$7.20

$0.03

CBS Cl. B *

CBS

$14.76

$0.13

CBS Cl. A

CBSa

$14.77

$0.18

Disney

DIS

$34.71

-$0.03

Entravision *

EVC

$2.70

$0.00

Fisher *

FSCI

$16.75

$0.23

Gannett

GCI

$14.85

$0.05

Gen. Elec.

GE

$16.45

$0.10

Google

GOOG

$505.60

$12.23

Gray *

GTN

$3.01

$0.16

Gray, Cl. A

GTNa

$2.90

$0.00

Journal

JRN

$4.81

-$0.07

Meredith

MDP

$34.60

$0.69

Media Gen.

MEG

$11.52

-$0.09

McGraw-Hill

MHP

$28.01

-$0.03

News Corp.

NWS

$15.37

-$0.06

Nexstar *

NXST

$5.90

-$0.32

Sinclair *

SBGI

$6.57

$0.04

SBS

SBSA

$1.79

$0.02

Saga

SGA

$27.90

$0.80

Scripps

SSP

$8.38

-$0.12

LIN TV *

TVL

$6.49

$0.18

Time Warner

TWX

$31.30

$0.23

Wash. Post

WPO

$464.43

$0.01

 

 

 

 

* Component of the TVBR Television Index

 

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