Stock gains muted; Time Warner sells off

By on Aug, 6 2014 with Comments 0

Stocks ended Wednesday marginally higher, as investors remained cautious in the wake of heightened geopolitical risks and downbeat European economic news. The S&P was flat at 1,920.23. The Dow gained 13.87 points, or 0.1%, to 16,443.34. The Nasdaq added 2.22 points to 4,355.05.

The RBR Radio Index was up 3.311, or .4%, to 816.582.

The TVBR Television Index was up 9.032, or 1.0%, to 880.965.

Winners
SBS, up 8.1%
Beasley, up 3.6%
Entravision, up 3.3%

Losers
Cumulus, down 10.4%
Radio One, down 2.6%
LIN TV, down 1.2%

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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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