Stocks down on waiting, disappointment

By on Dec, 4 2014 with Comments 0

The Wall Street scribes say investors were waiting for some upcoming reports and wanted stimulus for Europe which failed to materialize. The result – a bad day for broadcast stocks, except for a select few.

The RBR Radio Index fell 7.271, or 1.0%, to 692.556.

The TVBR Television Index fell 5.607, or 0.6%, to 874.324.

Winners
Beasley, up 3.2%
Fox, up 1.1%
LIN TV, up 0.04%

Losers
Radio One, down 5.0%
Sinclair, down 3.8%
Saga, down 2.9%

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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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