Tech stocks drag down the market – 9/22/10

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Adobe Systems gave Wall Street a weak outlook and Microsoft disappointed some with a smaller-than-expected dividend increase, so tech stocks were down on Wednesday and pulled the rest of the market down with them. The Dow Jones Industrial Average was down  22 points, or 0.2%, to 10,739. Broadcasting stocks were lower.


The RBR Radio Index was down 6.229, or 2.4%, to 249.662.

The TVBR Television Index was down 4.175, or 2.2%, to 183.152.

Winners
Beasley, up 4.5%
Saga, up 2%
n/a

Losers
Emmis, down 6.7%
Cumulus, down 6.2%
Radio One, down 3.4%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$26.73

-$0.92

Beasley *

BBGI

$5.32

$0.23

CBS Cl. B

CBS

$15.25

-$0.36

CBS Cl. A

CBSa

$15.20

-$0.42

CC Media *

CCMO

$7.20

$0.00

Cumulus *

CMLS

$2.42

-$0.16

Debut

DBTB

$0.04

$0.00

Disney

DIS

$33.99

-$0.51

Emmis *

EMMS

$0.84

-$0.06

Entercom *

ETM

$7.40

-$0.30

Entravision

EVC

$1.92

-$0.06

Fisher

FSCI

$17.83

-$0.09

Google

GOOG

$516.00

$2.54

Journal

JRN

$4.19

-$0.16

Lincoln Natl.

LNC

$23.94

-$1.10

Radio One A

ROIA

$1.03

$0.04

Radio One D *

ROIAK

$0.85

-$0.03

Salem *

SALM

$2.65

-$0.05

SBS *

SBSA

$0.82

-$0.02

Saga *

SGA

$20.20

$0.39

Sirius XM

SIRI

$1.12

-$0.04

Westwood*

WWON

$6.76

-$0.24

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$1.05

$0.00

Belo *

BLC

$5.97

-$0.18

CBS Cl. B *

CBS

$15.25

-$0.36

CBS Cl. A

CBSa

$15.20

-$0.42

Disney

DIS

$33.99

-$0.51

Entravision *

EVC

$1.92

-$0.06

Fisher *

FSCI

$17.83

-$0.09

Gannett

GCI

$12.36

-$0.81

Gen. Elec.

GE

$16.50

-$0.02

Google

GOOG

$516.00

$2.54

Gray *

GTN

$1.98

-$0.03

Gray, Cl. A

GTNa

$1.92

$0.00

Journal

JRN

$4.19

-$0.16

Meredith

MDP

$32.38

-$0.56

Media Gen.

MEG

$9.33

-$0.56

McGraw-Hill

MHP

$32.02

$0.21

News Corp.

NWS

$15.37

-$0.20

Nexstar *

NXST

$4.71

-$0.06

Sinclair *

SBGI

$6.80

-$0.29

SBS

SBSA

$0.82

-$0.02

Saga

SGA

$20.20

$0.39

Scripps

SSP

$7.61

-$0.07

LIN TV *

TVL

$4.21

-$0.19

Time Warner

TWX

$31.25

-$0.61

Wash. Post

WPO

$360.22

-$5.36

 

 

 

 

* Component of the TVBR Television Index

 

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