Stocks up on promise of US economy

By on Nov, 20 2014 with Comments 0

The aggregate comment of Street headline writers is that the stock market is growing confident about prospects for the US economy, despite misgivings about other places like Europe. Broadcast stocks benefitted from the feel-good vibe.

The RBR Radio Index rose 8.208, or 1.2%, to 713.625.

The TVBR Television Index rose 7.445, or 0.9%, to 827.163.

Winners
SBS, up 6.1%
Entercom, up 3.7%
iHeart Media, up 2.8%

Losers
Beasley, down 2.1%
Emmis, down 1.5%
Saga, down 1.4%

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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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