Wall Street celebrated Black Friday on Monday – 11/28/11

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The kick-off of holiday retail sales over the Thanksgiving weekend was a huge success, with sales volume reported to be up double digits from a year ago. That good news, plus some renewed optimism regarding Europe’s fiscal crisis, sent stock prices up sharply on Monday. The Dow Jones Industrial Average rose 291 points, or 2.6%, to 11,523. What’s good for retailing is good for broadcasters, so radio and TV stocks had a good day.


The RBR Radio Index was up 15.188, or 5.2%, to 310.083.

The TVBR Television Index was up 9.733, or 4.8%, to 213. 206.

Winners
CC Media, up 17.3%
Entravision, up 12.6%
Dial Global, up 121.1%

Losers
Beasley, down 0.3%
n/a
n/a

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$37.07

$0.87

Beasley *

BBGI

$3.88

-$0.01

CBS Cl. B

CBS

$24.39

$0.84

CBS Cl. A

CBSa 

$24.62

$0.55

CC Media *

CCMO

$4.75

$0.70

Cumulus *

CMLS

$2.92

$0.08

Debut

DBTB

$0.03

$0.00

Dial-Global*

DIAL

$4.09

$0.44

Disney

DIS

$34.07

$0.56

Emmis *

EMMS

$0.83

-$0.06

Entercom *

ETM

$5.19

$0.47

Entravision

EVC

$1.25

$0.14

Fisher

FSCI

$29.05

$1.05

Journal

JRN

$3.94

$0.09

Light Media

LGMH

$0.08

$0.00

Lincoln Natl.

LNC

$18.52

$0.94

Pandora

P

$10.52

-$0.26

Radio One A

ROIA

$1.16

$0.01

Radio One D *

ROIAK

$1.21

$0.06

Salem *

SALM

$2.30

$0.05

SBS *

SBSA

$2.63

$0.12

Saga *

SGA

$31.24

$1.99

Sirius XM

SIRI

$1.77

$0.02

* Component of the RBR Radio Index                          

 

© 2011 Radio Business Report, Inc. All rights reserved.

Television Stocks

 

 

 

 

 

 

 

 

Company

Symbol

Close

Change

 

ACME *

ACME.PK

$0.75

$0.00

 

Belo *

BLC

$5.31

$0.22

 

CBS Cl. B *

CBS

$24.39

$0.84

 

CBS Cl. A

CBSa

$24.62

$0.55

 

Comcast

CMCSA

$21.75

$0.75

 

Disney

DIS

$34.07

$0.56

 

Entravision *

EVC

$1.25

$0.14

 

Fisher *

FSCI

$29.05

$1.05

 

Gannett

GCI

$10.52

$0.02

 

Gray *

GTN

$1.66

$0.10

 

Gray, Cl. A

GTNa

$1.55

$0.09

 

Journal

JRN

$3.94

$0.09

 

Meredith

MDP

$27.38

$0.83

 

Media Gen.

MEG

$3.53

$0.10

 

McGraw-Hill

MHP

$41.20

$0.66

 

Nielsen

NLSN

$29.02

$0.51

 

News Corp.

NWS

$16.81

$0.54

 

Nexstar *

NXST

$7.65

$0.12

 

Sinclair *

SBGI

$9.43

$0.49

 

SBS

SBSA

$2.63

$0.12

 

Saga

SGA

$31.24

$1.99

 

Scripps

SSP

$7.95

$0.35

 

LIN TV *

TVL

$3.17

$0.16

 

Time Warner

TWX

$33.31

$1.19

 

Wash. Post

WPO

$344.04

$0.28

 

 

 

 

 

 

* Component of the TVBR Television Index

 

 

© 2011 Radio Business Report, Inc. All rights reserved.