Tech worries depress stock prices – 7/29/10

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Earnings concerns in the tech sector put a damper on the stock market on Thursday. Also, investors were cautious ahead of Friday’s government report on Q2 GDP growth. The Dow Jones Industrial Average fell 31 points, or 0.3%, to 10,467. Broadcasting stocks were not spared.


The RBR Radio Index was down 8.132, or 2.7%, to 289.785.

The TVBR Television Index was down 2.247, or 1.2%, to 191.495.

Winners
Beasey, up 4.4%
Belo, up 3%
Westwood, up 0.9%

Losers
Radio One, down 10.5%
CC Media, down 10.3%
Cumulus, down 8.3%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$29.17

-$0.32

Beasley *

BBGI

$5.20

$0.22

CBS Cl. B

CBS

$14.68

$0.06

CBS Cl. A

CBSa

$14.69

$0.05

CC Media *

CCMO

$6.50

-$0.75

Cumulus *

CMLS

$2.89

-$0.26

Debut

DBTB

$0.05

$0.01

Disney

DIS

$33.71

-$0.33

Emmis *

EMMS

$1.99

-$0.02

Entercom *

ETM

$8.62

-$0.01

Entravision

EVC

$2.23

-$0.02

Fisher

FSCI

$17.36

-$0.27

Google

GOOG

$484.99

$0.64

Journal

JRN

$4.69

$0.12

Lincoln Natl.

LNC

$25.76

$1.67

Radio One A

ROIA

$1.08

-$0.17

Radio One D *

ROIAK

$1.02

-$0.12

Salem *

SALM

$3.66

-$0.11

SBS *

SBSA

$1.17

-$0.01

Saga *

SGA

$22.40

-$0.05

Sirius XM

SIRI

$0.99

-$0.01

Westwood*

WWON

$7.00

$0.06

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.90

-$0.05

Belo *

BLC

$6.53

$0.19

CBS Cl. B *

CBS

$14.68

$0.06

CBS Cl. A

CBSa

$14.69

$0.05

Disney

DIS

$33.71

-$0.33

Entravision *

EVC

$2.23

-$0.02

Fisher *

FSCI

$17.36

-$0.27

Gannett

GCI

$13.25

-$0.65

Gen. Elec.

GE

$16.15

$0.10

Google

GOOG

$484.99

$0.64

Gray *

GTN

$2.56

-$0.03

Gray, Cl. A

GTNa

$2.49

-$0.06

Journal

JRN

$4.69

$0.12

Meredith

MDP

$31.67

$0.12

Media Gen.

MEG

$10.33

$0.08

McGraw-Hill

MHP

$30.12

-$0.08

News Corp.

NWS

$14.62

-$0.07

Nexstar *

NXST

$5.34

-$0.28

Sinclair *

SBGI

$6.00

$0.02

SBS

SBSA

$1.17

-$0.01

Saga

SGA

$22.40

-$0.05

Scripps

SSP

$7.91

$0.10

LIN TV *

TVL

$5.63

-$0.02

Time Warner

TWX

$31.26

-$0.01

Wash. Post

WPO

$422.25

-$1.67

 

 

 

 

* Component of the TVBR Television Index

 

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