Some big M&A deals, not in media, had Wall Street traders in a buying mode on Monday. The Dow Jones Industrial Average rose 79 points, or 0.8%, to 10,404. Radio and TV stocks rode the wave, except that a Chapter 11 filing sent Regent Communications falling by a third.
The RBR Radio Index was down 0.295, or 0.1%, to 220.523.
The TVBR Television Index was up 3.506, or 2.5%, to 143.943.
Winners
Entercom, up 12.2%
LIN, up 11.1%
Salem, up 7.5%
Losers
Regent, down 33.3%
ACME, down 5.7%
Westwood, down 2.3%
Radio Stocks |
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Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$21.83 |
$0.33 |
Beasley * |
BBGI |
$3.95 |
$0.25 |
CBS Cl. B |
CBS |
$13.43 |
$0.44 |
CBS Cl. A |
CBSa |
$13.50 |
$0.45 |
CC Media * |
CCMO |
$3.25 |
-$0.05 |
Cumulus * |
CMLS |
$2.90 |
$0.19 |
Citadel |
CTDB |
$0.03 |
$0.00 |
Debut |
DBTB |
$0.07 |
-$0.01 |
Disney |
DIS |
$31.54 |
$0.30 |
Emmis * |
EMMS |
$0.90 |
$0.00 |
Entercom * |
ETM |
$11.41 |
$1.24 |
Entravision |
EVC |
$3.07 |
$0.06 |
Fisher |
FSCI |
$14.48 |
$0.27 |
|
GOOG |
$532.69 |
$5.89 |
Journal |
JRN |
$3.90 |
$0.16 |
Lincoln Natl. |
LNC |
$25.62 |
$0.44 |
Regent * |
RGCI |
$0.12 |
-$0.06 |
Radio One A |
ROIA |
$3.31 |
$0.04 |
Radio One D * |
ROIAK |
$3.07 |
$0.08 |
Salem * |
SALM |
$5.44 |
$0.38 |
SBS * |
SBSA |
$0.71 |
-$0.01 |
Saga * |
SGA |
$14.25 |
-$0.21 |
Sirius XM |
SIRI |
$0.89 |
-$0.13 |
Westwood* |
WWON |
$5.99 |
-$0.14 |
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* Component of the RBR Radio Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |
Television Stocks |
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Company |
Symbol |
Close |
Change |
ACME * |
ACME.PK |
$0.33 |
-$0.02 |
Belo * |
BLC |
$7.17 |
$0.44 |
CBS Cl. B * |
CBS |
$13.43 |
$0.44 |
CBS Cl. A |
CBSa |
$13.50 |
$0.45 |
Disney |
DIS |
$31.54 |
$0.30 |
Entravision * |
EVC |
$3.07 |
$0.06 |
Fisher * |
FSCI |
$14.48 |
$0.27 |
Gannett |
GCI |
$15.93 |
$0.78 |
Gen. Elec. |
GE |
$15.90 |
-$0.16 |
|
GOOG |
$532.69 |
$5.89 |
Gray * |
GTN |
$1.70 |
$0.04 |
Gray, Cl. A |
GTNa |
$2.18 |
$0.18 |
Journal |
JRN |
$3.90 |
$0.16 |
Meredith |
MDP |
$31.42 |
$0.70 |
Media Gen. |
MEG |
$8.56 |
$0.38 |
McGraw-Hill |
MHP |
$34.32 |
$0.12 |
News Corp. |
NWS |
$16.16 |
$0.41 |
Nexstar * |
NXST |
$4.50 |
$0.00 |
Sinclair * |
SBGI |
$5.06 |
$0.04 |
SBS |
SBSA |
$0.71 |
-$0.01 |
Saga |
SGA |
$14.25 |
-$0.21 |
Scripps |
SSP |
$8.66 |
$1.04 |
LIN TV * |
TVL |
$5.68 |
$0.57 |
Time Warner |
TWX |
$29.60 |
$0.56 |
Wash. Post |
WPO |
$431.00 |
$10.69 |
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* Component of the TVBR Television Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |