Stocks slip despite Fed optimism – 09/23/09

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The Federal Reserve stated that economic activity has picked up, but that the Fed will keep interest rates low “for an extended period.” That was what Wall Street expected to hear and despite the positive assessment from the Fed, a brief rally faded and stock prices closed slightly lower. The Dow Industrials were down 81 points, or 0.8%, to 9,749.


The RBR Radio Index dropped 0.604, or 0.5%, to 117.929.

The TVBR Television Index was down 2.803, or 2.3%, to 118.594.

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$19.82

-$0.05

Beasley *

BBGI

$3.40

$0.39

CBS Cl. B

CBS

$12.09

-$0.56

CBS Cl. A

CBSa

$12.11

-$0.51

CC Media *

CCMO

$1.25

-$0.10

Cumulus *

CMLS

$1.69

-$0.07

Citadel

CTDB

$0.06

$0.00

Debut

DBTB

$0.10

-$0.14

Disney

DIS

$28.08

-$0.30

Emmis *

EMMS

$0.87

$0.04

Entercom *

ETM

$4.86

-$0.17

Entravision

EVC

$1.78

$0.05

Fisher

FSCI

$18.55

-$0.66

Google

GOOG

$498.46

-$0.60

Journal

JRN

$3.65

-$0.19

Lincoln Natl.

LNC

$24.93

-$0.47

Regent *

RGCI

$0.44

-$0.04

Radio One A

ROIA

$1.10

$0.19

Radio One D *

ROIAK

$0.85

$0.07

Salem *

SALM

$2.51

-$0.14

SBS *

SBSA

$0.49

-$0.03

Saga *

SGA

$12.95

$0.20

Sirius XM

SIRI

$0.68

$0.00

Westwood

WWOZ

$6.25

$0.00

 

 

 

 

* Component of the RBR Radio Index                          

 

© 2009 Radio Business Report, Inc. All rights reserved.

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.65

$0.00

Belo *

BLC

$4.87

$0.03

CBS Cl. B *

CBS

$12.09

-$0.56

CBS Cl. A

CBSa

$12.11

-$0.51

Disney

DIS

$28.08

-$0.30

Entravision *

EVC

$1.78

$0.05

Fisher *

FSCI

$18.55

-$0.66

Gannett

GCI

$9.92

-$0.22

Gen. Elec.

GE

$17.00

-$0.01

Google

GOOG

$498.46

-$0.60

Gray *

GTN

$2.62

-$0.34

Gray, Cl. A

GTNa

$2.65

-$0.36

Journal

JRN

$3.65

-$0.19

Meredith

MDP

$30.54

-$0.93

Media Gen.

MEG

$7.90

-$0.22

McGraw-Hill

MHP

$25.87

-$0.44

News Corp.

NWS

$14.04

-$0.40

Nexstar *

NXST

$3.56

-$0.10

Sinclair *

SBGI

$3.66

-$0.02

SBS

SBSA

$0.49

-$0.03

Saga

SGA

$12.95

$0.20

Scripps

SSP

$7.32

-$0.42

LIN TV *

TVL

$5.32

-$0.09

Time Warner

TWX

$29.38

-$0.76

Wash. Post

WPO

$454.40

-$7.20

Young

YBTVQ

$0.02

$0.01

 

 

 

 

* Component of the TVBR Television Index

 

© 2009 Radio Business Report, Inc. All rights reserved.