Broadcasters buck down market on last day of Q1 – 03/31/10

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Stocks were lower Wednesday after payroll giant ADP reported that US employment in the private sector dropped in March, which was the opposite of what observers had expected. The Dow Jones Industrial Average was off 51 points, or 0.5%, to 10,857. Broadcasting stocks, however, gained on the day.


The RBR Radio Index was up 2.065, or 0.8%, to 261.205.

The TVBR Television Index was up 7.596, or 4.8%, to 164.474.

Winners
ACME, up 33.3%
CC Media, up 21.9%
Nexstar, up 3.9%

Losers
Westwood, down 6.5%
Salem, down 6.3%
SBS, down 1.3%

Radio Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

Arbitron *

ARB 

$26.66

$0.10

Beasley *

BBGI

$4.20

$0.02

CBS Cl. B

CBS

$13.94

-$0.21

CBS Cl. A

CBSa

$13.94

-$0.22

CC Media *

CCMO

$4.40

$0.79

Cumulus *

CMLS

$3.40

$0.06

Citadel

CTDB

$0.06

$0.01

Debut

DBTB

$0.03

$0.00

Disney

DIS

$34.91

-$0.19

Emmis *

EMMS

$1.14

$0.00

Entercom *

ETM

$11.89

-$0.07

Entravision

EVC

$2.76

$0.06

Fisher

FSCI

$14.10

-$0.12

Google

GOOG

$567.12

$0.41

Journal

JRN

$4.20

$0.14

Lincoln Natl.

LNC

$30.70

$0.62

Regent

RGCIQ

$0.14

$0.00

Radio One A

ROIA

$3.20

-$0.06

Radio One D *

ROIAK

$3.05

-$0.04

Salem *

SALM

$3.58

-$0.24

SBS *

SBSA

$0.79

-$0.01

Saga *

SGA

$22.64

$0.04

Sirius XM

SIRI

$0.87

$0.03

Westwood*

WWON

$7.95

-$0.55

 

 

 

 

* Component of the RBR Radio Index                          

 

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

Television Stocks

 

 

 

 

 

 

Company

Symbol

Close

Change

ACME *

ACME.PK

$0.60

$0.15

Belo *

BLC

$6.82

$0.07

CBS Cl. B *

CBS

$13.94

-$0.21

CBS Cl. A

CBSa

$13.94

-$0.22

Disney

DIS

$34.91

-$0.19

Entravision *

EVC

$2.76

$0.06

Fisher *

FSCI

$14.10

-$0.12

Gannett

GCI

$16.52

-$0.34

Gen. Elec.

GE

$18.20

-$0.10

Google

GOOG

$567.12

$0.41

Gray *

GTN

$2.30

$0.04

Gray, Cl. A

GTNa

$2.35

-$0.22

Journal

JRN

$4.20

$0.14

Meredith

MDP

$34.41

-$0.14

Media Gen.

MEG

$8.29

-$0.02

McGraw-Hill

MHP

$35.65

-$0.19

News Corp.

NWS

$17.01

-$0.02

Nexstar *

NXST

$4.93

$0.19

Sinclair *

SBGI

$5.08

$0.05

SBS

SBSA

$0.79

-$0.01

Saga

SGA

$22.64

$0.04

Scripps

SSP

$8.45

-$0.25

LIN TV *

TVL

$5.75

$0.11

Time Warner

TWX

$31.27

-$0.12

Wash. Post

WPO

$444.18

$2.93

 

 

 

 

* Component of the TVBR Television Index

 

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