Stocks take a dive – 06/01/10

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Energy stocks dropped sharply after US Attorney General Eric Holder announced that a criminal investigation was underway into the oil spill still gushing in the Gulf of Mexico. That spread to the broader market and sent stock prices lower. The Dow Jones Industrial Average fell 113 points, or 1.1%, to 10,024. Broadcasting stocks joined in the retreat.


The RBR Radio Index was down 9.769, or 2.4%, to 395.324.

The TVBR Television Index was down 8.080, or 4%, to 193.332.

Winners
Saga, up 9.7%
Fisher, up 3.1%
ACME, up 1.4%

Losers
Westwood, down 18.5%
Nexstar, down 14.9%
Radio One, down 6.8%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$28.92

-$1.54

Beasley *

BBGI

$5.19

$0.02

CBS Cl. B

CBS

$14.08

-$0.48

CBS Cl. A

CBSa

$14.17

-$0.46

CC Media *

CCMO

$11.50

$0.25

Cumulus *

CMLS

$3.99

-$0.11

Citadel

CTDB

$0.01

-$0.01

Debut

DBTB

$0.03

$0.00

Disney

DIS

$33.33

-$0.09

Emmis *

EMMS

$2.21

-$0.09

Entercom *

ETM

$12.22

-$0.28

Entravision

EVC

$2.78

-$0.15

Fisher

FSCI

$14.95

$0.45

Google

GOOG

$482.37

-$3.26

Journal

JRN

$4.71

-$0.33

Lincoln Natl.

LNC

$25.64

-$0.82

Radio One A

ROIA

$4.00

-$0.11

Radio One D *

ROIAK

$3.89

-$0.26

Salem *

SALM

$4.23

$0.02

SBS *

SBSA

$1.70

-$0.01

Saga *

SGA

$27.80

$2.46

Sirius XM

SIRI

$1.01

-$0.02

Westwood*

WWON

$11.16

-$2.53

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.75

$0.01

Belo *

BLC

$6.90

-$0.37

CBS Cl. B *

CBS

$14.08

-$0.48

CBS Cl. A

CBSa

$14.17

-$0.46

Disney

DIS

$33.33

-$0.09

Entravision *

EVC

$2.78

-$0.15

Fisher *

FSCI

$14.95

$0.45

Gannett

GCI

$14.54

-$1.00

Gen. Elec.

GE

$15.98

-$0.37

Google

GOOG

$482.37

-$3.26

Gray *

GTN

$2.91

-$0.08

Gray, Cl. A

GTNa

$2.90

$0.00

Journal

JRN

$4.71

-$0.33

Meredith

MDP

$32.84

-$0.75

Media Gen.

MEG

$11.61

-$1.16

McGraw-Hill

MHP

$27.02

-$0.78

News Corp.

NWS

$14.94

-$0.42

Nexstar *

NXST

$5.87

-$1.03

Sinclair *

SBGI

$6.22

-$0.42

SBS

SBSA

$1.70

-$0.01

Saga

SGA

$27.80

$2.46

Scripps

SSP

$8.10

-$0.73

LIN TV *

TVL

$6.36

-$0.21

Time Warner

TWX

$30.18

-$0.81

Wash. Post

WPO

$451.71

-$14.02

 

 

 

 

* Component of the TVBR Television Index

 

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