Stocks Fall On Earnings Reports

By on Oct, 11 2016 with Comments 0

U.S. stocks fell Tuesday thanks to poor earnings reports. Radio and Television followed the market, with both posting losses.

The RBR Radio Index fell 17.873, or 2.72%, to 639.036.

The TVBR Television Index fell 12.363, or 1.34%, to 909.778.

Gainers
Beasley, 3.6%
Cumulus, up 2.4%
n/a

Decliners
iHeart, down 9.4%
SBS, down 7.2%
Radio One, down 4.9%

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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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