Stocks mixed on Thursday – 7/28/11


A surprise decline in new jobless applications partly countered continuing pessimism over the debt limit talks in Washington. The Dow Jones Industrial Average was down 62 points, or 0.5%, to 12,240. The Nasdaq Composite was up, but the S&P 500 down. Broadcasting stocks were also mixed. Worth noting: SBS dropped back into penny stock territory, following its recent 1-for-10 reverse split.

The RBR Radio Index was down 3.667, or 1.1%, to 334.939.

The TVBR Television Index was up 1.319, or 0.5%, to 259.354.

Westwood, up 6.9%
ACME, up 4.8%
Beasley, up 4.7%

SBS, down 22.7%
Radio One, down 3.9%
Saga, down 3.8%