Overseas markets went into a dive following Tuesday’s comments from the US Fed about a softening of the economic recovery and the stock selloff continued in the US markets on Wednesday. The Dow Jones Industrial Average dropped 256 points, or 2.5%, to 10,379. Broadcasting stocks fell with the market.
The RBR Radio Index was down 6.081, to 2.2%, to 271.911.
The TVBR Television Index was down 8.437, or 4.3%, to 188.951.
Winners
ACME, up 13.9%
Emmis, up 2.5%
Salem, up 1.9%
Losers
Belo, down 8.4%
Gray, down 8.3%
Beasley, down 8.2%
Radio Stocks |
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Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$26.24 |
-$1.00 |
Beasley * |
BBGI |
$4.96 |
-$0.44 |
CBS Cl. B |
CBS |
$14.47 |
-$0.95 |
CBS Cl. A |
CBSa |
$14.38 |
-$1.00 |
CC Media * |
CCMO |
$6.50 |
$0.00 |
Cumulus * |
CMLS |
$2.54 |
-$0.24 |
Debut |
DBTB |
$0.05 |
$0.00 |
Disney |
DIS |
$34.22 |
-$1.07 |
Emmis * |
EMMS |
$2.08 |
$0.05 |
Entercom * |
ETM |
$7.05 |
-$0.61 |
Entravision |
EVC |
$2.07 |
-$0.18 |
Fisher |
FSCI |
$15.88 |
-$0.34 |
|
GOOG |
$491.74 |
-$11.97 |
Journal |
JRN |
$4.06 |
-$0.63 |
Lincoln Natl. |
LNC |
$22.95 |
-$1.68 |
Radio One A |
ROIA |
$1.01 |
-$0.04 |
Radio One D * |
ROIAK |
$0.88 |
-$0.01 |
Salem * |
SALM |
$3.19 |
$0.06 |
SBS * |
SBSA |
$1.16 |
$0.01 |
Saga * |
SGA |
$22.21 |
-$0.19 |
Sirius XM |
SIRI |
$0.98 |
-$0.03 |
Westwood* |
WWON |
$6.59 |
$0.07 |
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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 |
$1.15 |
$0.14 |
Belo * |
BLC |
$5.66 |
-$0.52 |
CBS Cl. B * |
CBS |
$14.47 |
-$0.95 |
CBS Cl. A |
CBSa |
$14.38 |
-$1.00 |
Disney |
DIS |
$34.22 |
-$1.07 |
Entravision * |
EVC |
$2.07 |
-$0.18 |
Fisher * |
FSCI |
$15.88 |
-$0.34 |
Gannett |
GCI |
$12.88 |
-$0.41 |
Gen. Elec. |
GE |
$15.70 |
-$0.55 |
|
GOOG |
$491.74 |
-$11.97 |
Gray * |
GTN |
$2.55 |
-$0.23 |
Gray, Cl. A |
GTNa |
$2.44 |
-$0.17 |
Journal |
JRN |
$4.06 |
-$0.63 |
Meredith |
MDP |
$31.90 |
-$0.95 |
Media Gen. |
MEG |
$9.67 |
-$0.78 |
McGraw-Hill |
MHP |
$30.04 |
-$1.05 |
News Corp. |
NWS |
$14.83 |
-$0.69 |
Nexstar * |
NXST |
$5.24 |
-$0.25 |
Sinclair * |
SBGI |
$6.29 |
-$0.49 |
SBS |
SBSA |
$1.16 |
$0.01 |
Saga |
SGA |
$22.21 |
-$0.19 |
Scripps |
SSP |
$7.35 |
-$0.64 |
LIN TV * |
TVL |
$4.98 |
-$0.41 |
Time Warner |
TWX |
$31.09 |
-$0.92 |
Wash. Post |
WPO |
$363.25 |
-$17.73 |
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* Component of the TVBR Television Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |