Stocks Fall After Weak Earnings

By on May, 11 2016 with Comments 0

U.S. stocks fell Wednesday after weak earnings fueled concerns about consumer spending. Radio and Television both posted losses, as well.

The RBR Radio Index fell 2.536, or 0.50%, to 507.665.

The TVBR Television Index fell 12.831, or 1.32%, to 955.726.

Winners
Emmis, 8.2%
Radio One, up 5.0%
Tribune, up 1.3%

Losers
iHeart, down 8.0%
Salem, down 5.7%
Entravision, down 4.3%

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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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