Stocks Rise to End Week

By on May, 27 2016 with Comments 0

U.S. stocks rose Friday as the Fed chief says that a rate increase would come if the economy continues to grow. Radio posted a loss, while Television posted another small gain.

The RBR Radio Index fell 5.395, or 1.03%, to 517.783.

The TVBR Television Index rose 8.007, or 0.86%, to 942.187.

Winners
Radio One, up 6.1%
Salem, up 4.5%
Entravision, up 1.7%

Losers
Emmis, down 9.5%
iHeart, down 5.9%
Cumulus, down 5.5%

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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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