Giants 3M and Johnson & Johnson disappointed Wall Street with their earnings reports on Tuesday. Both are components of the Dow Jones Industrial Average, so the blue chip index was down three points to 11,977. Meanwhile, the Nasdaq Composite and S&P 500 had an up day, though up barely. Broadcasting stocks were also mixed.
The RBR Radio Index was down 2.770, or 0.8%, to 347.853.
The TVBR Television Index was up 2.079, or 1%, to 218.538.
Saga, up 5.9%
LIN, up 4%
Sinclair, up 2.9%
Emmis, down 6.7%
Radio One, down 5.2%
Arbitron, down 2.2%