Fed feeds rising stock market

By on Sep, 17 2014 with Comments 0

Interest rates aren’t going anywhere for awhile, and that was good news for traders. Radio companies joined in on the fun, especially Cumulus, which gained almost 9%. TV was all but flat.

The RBR Radio Index rose 9.019, or 1.2%, to 787.366.

The TVBR Television Index rose 1.342, or 0.2%, to 782.649.

Cumulus, up 8.8%
Saga, up 2.7%
Gray, up 1.7%

Beasley, down 3.3%
Entravision, down 0.7%
Sinclair, down 0.5%














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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