Stocks down on Fed pessimism – 8/10/10

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Comments by the Federal Reserve’s policy making committee that the economic recovery is weakening, prompting new Fed efforts to get it back on track, weighed on stock prices. The Dow Jones Industrial Average was down 55 points, or 0.5%, to 10,644. Broadcasting stocks took a hit.


The RBR Radio Index was down 10.561, or 3.7%, to 277.992.

The TVBR Television Index was down 4.733, or 2.3%, to 197.388.

Winners
n/a

Losers
Beasley, down 11.5%
Entercom, down 5.6%
Cumulus, down 5.1%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$27.24

-$0.20

Beasley *

BBGI

$5.40

-$0.70

CBS Cl. B

CBS

$15.42

-$0.13

CBS Cl. A

CBSa

$15.38

-$0.15

CC Media *

CCMO

$6.50

$0.00

Cumulus *

CMLS

$2.78

-$0.15

Debut

DBTB

$0.05

$0.00

Disney

DIS

$35.29

$0.13

Emmis *

EMMS

$2.03

-$0.04

Entercom *

ETM

$7.66

-$0.45

Entravision

EVC

$2.25

-$0.03

Fisher

FSCI

$16.22

-$0.49

Google

GOOG

$503.71

-$1.64

Journal

JRN

$4.69

-$0.12

Lincoln Natl.

LNC

$24.63

-$0.54

Radio One A

ROIA

$1.05

-$0.03

Radio One D *

ROIAK

$0.89

-$0.04

Salem *

SALM

$3.13

-$0.13

SBS *

SBSA

$1.15

-$0.04

Saga *

SGA

$22.40

-$0.09

Sirius XM

SIRI

$1.02

-$0.03

Westwood*

WWON

$6.52

-$0.23

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$1.01

$0.00

Belo *

BLC

$6.18

-$0.25

CBS Cl. B *

CBS

$15.42

-$0.13

CBS Cl. A

CBSa

$15.38

-$0.15

Disney

DIS

$35.29

$0.13

Entravision *

EVC

$2.25

-$0.03

Fisher *

FSCI

$16.22

-$0.49

Gannett

GCI

$13.29

-$0.20

Gen. Elec.

GE

$16.25

-$0.13

Google

GOOG

$503.71

-$1.64

Gray *

GTN

$2.78

-$0.12

Gray, Cl. A

GTNa

$2.61

-$0.09

Journal

JRN

$4.69

-$0.12

Meredith

MDP

$32.85

$0.10

Media Gen.

MEG

$10.45

-$0.40

McGraw-Hill

MHP

$31.09

-$0.03

News Corp.

NWS

$15.52

-$0.25

Nexstar *

NXST

$5.49

-$0.13

Sinclair *

SBGI

$6.78

-$0.16

SBS

SBSA

$1.15

-$0.04

Saga

SGA

$22.40

-$0.09

Scripps

SSP

$7.99

-$0.44

LIN TV *

TVL

$5.39

-$0.19

Time Warner

TWX

$32.01

-$0.59

Wash. Post

WPO

$380.98

-$3.87

 

 

 

 

* Component of the TVBR Television Index

 

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