Earnings fuel another good day on the Street

By on Oct, 23 2014 with Comments 0

Strong last-quarter results are making traders more confident about future results, evidently. (We reported about two such companies today.) Broadcast stocks went for the upward ride, especially on the TV side.

The RBR Radio Index rose 5.101, or 0.7%, to 722.070.

The TVBR Television Index rose 17.444, or 2.3%, to 784.537.

Winners
Radio One, up 6.1%
Nexstar, up 3.8%
Entercom, up 3.5%

Losers
SBS, down 4.9%
Beasley, down 3.5%

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About The Author: RBR+TVBR has been reporting on the business of broadcasting for nearly three decades. Beholden to no one, it is independently owned.

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