Stocks rise on good news squared

By on Oct, 5 2014 with Comments 0

An excellent employment report and a strong dollar spurred a rally on Wall Street. Television companies were happy to partake, while radio stocks edged just a smidge beyond where they started when the market opened Friday morning.

The RBR Radio Index rose 1.727, or 0.2%, to 708.967.

The TVBR Television Index rose 24.861, or 3.5%, to 745.081.

Winners
Entravision, up 5.7%
Gray, up 5.5%
LIN TV, up 4.9%

Losers
Cumulus, down 2.1%
Radio One, down 0.4%
Salem, down 0.1%

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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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