Stock markets slip during Wednesday trading – 09/29/10

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One observer said that Wall Street took a breather. Another said that protests against government austerity measures in Europe made US traders skittish. Whatever the reason, stock prices went down. Broadcast issues, however, were able to buck the trend – but not so much that we’d suggest cashing in and tuning out for awhile.


The RBR Radio Index rose 1.984, or 0.8%, to 262.637.

The TVBR Television Index rose 0.456, or 0.2%, to 190.179.

Winners
Salem, up 4.9%
Nexstar, up 4.2%
Cumulus, up 4.1%

Losers
CC Media, down 3.4%
Beasley, down 3.1%
Entravision, down 3%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$27.89

$0.85

Beasley *

BBGI

$5.38

-$0.17

CBS Cl. B

CBS

$15.82

-$0.21

CBS Cl. A

CBSa

$15.79

-$0.26

CC Media *

CCMO

$6.50

-$0.23

Cumulus *

CMLS

$2.81

$0.11

Debut

DBTB

$0.04

-$0.02

Disney

DIS

$33.01

-$0.21

Emmis *

EMMS

$0.79

$0.00

Entercom *

ETM

$8.06

$0.05

Entravision

EVC

$1.97

-$0.06

Fisher

FSCI

$17.52

-$0.44

Google

GOOG

$527.69

$0.52

Journal

JRN

$4.48

$0.00

Lincoln Natl.

LNC

$23.94

-$0.05

Radio One A

ROIA

$1.07

$0.08

Radio One D *

ROIAK

$0.88

$0.00

Salem *

SALM

$3.00

$0.14

SBS *

SBSA

$0.87

$0.01

Saga *

SGA

$20.30

$0.00

Sirius XM

SIRI

$1.18

$0.00

Westwood*

WWON

$8.07

$0.08

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$1.08

$0.03

Belo *

BLC

$6.21

$0.10

CBS Cl. B *

CBS

$15.82

-$0.21

CBS Cl. A

CBSa

$15.79

-$0.26

Disney

DIS

$33.01

-$0.21

Entravision *

EVC

$1.97

-$0.06

Fisher *

FSCI

$17.52

-$0.44

Gannett

GCI

$12.37

-$0.13

Gen. Elec.

GE

$16.36

-$0.08

Google

GOOG

$527.69

$0.52

Gray *

GTN

$1.99

-$0.01

Gray, Cl. A

GTNa

$1.90

$0.00

Journal

JRN

$4.48

$0.00

Meredith

MDP

$33.15

$0.01

Media Gen.

MEG

$9.15

-$0.19

McGraw-Hill

MHP

$33.11

$0.10

News Corp.

NWS

$15.28

-$0.34

Nexstar *

NXST

$5.24

$0.21

Sinclair *

SBGI

$7.10

$0.05

SBS

SBSA

$0.87

$0.01

Saga

SGA

$20.30

$0.00

Scripps

SSP

$8.04

$0.16

LIN TV *

TVL

$4.48

$0.00

Time Warner

TWX

$30.69

-$0.28

Wash. Post

WPO

$390.05

-$0.58

 

 

 

 

* Component of the TVBR Television Index

 

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