Stocks take a plunge – 8/11/10

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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

 

 

 

 

 

 

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

Google

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

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

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

Google

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

 

 

 

 

* Component of the TVBR Television Index

 

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