September is shaping up to be a strong month on Wall Street, but stock traders took a bit of a breather on Monday after recent price run-ups. Nonetheless, there was quite a bit of M&A action announced – none of it in media, though – which indicated that big companies are confident of the economic recovery. The Dow Jones Industrial Average ended Monday with a decline of 48 points, or 0.4%, at 10,812. But while the major indices slipped, broadcasting stocks had an up day.
The RBR Radio Index was up 2.930, or 1.13%, at 261.597.
The TVBR Television Index was up 0.036, or 0.02%, at 187.582.
Winners
Westwood, up 8%
LIN, up 6.6%
Cumulus, up 4.7%
Losers
Gray, down 2.9%
Beasley, down 2.8%
Entercom, down 1.9%
Radio Stocks |
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Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$26.97 |
-$0.12 |
Beasley * |
BBGI |
$5.62 |
-$0.13 |
CBS Cl. B |
CBS |
$15.90 |
-$0.27 |
CBS Cl. A |
CBSa |
$15.89 |
-$0.26 |
CC Media * |
CCMO |
$7.50 |
$0.00 |
Cumulus * |
CMLS |
$2.68 |
$0.12 |
Debut |
DBTB |
$0.07 |
$0.00 |
Disney |
DIS |
$33.29 |
-$0.29 |
Emmis * |
EMMS |
$0.85 |
$0.01 |
Entercom * |
ETM |
$7.79 |
-$0.15 |
Entravision |
EVC |
$2.00 |
-$0.03 |
Fisher |
FSCI |
$17.75 |
-$0.10 |
|
GOOG |
$530.41 |
$3.12 |
Journal |
JRN |
$4.30 |
-$0.04 |
Lincoln Natl. |
LNC |
$23.68 |
-$0.42 |
Radio One A |
ROIA |
$0.99 |
-$0.01 |
Radio One D * |
ROIAK |
$0.89 |
-$0.02 |
Salem * |
SALM |
$2.71 |
$0.10 |
SBS * |
SBSA |
$0.85 |
-$0.01 |
Saga * |
SGA |
$20.30 |
$0.30 |
Sirius XM |
SIRI |
$1.16 |
-$0.02 |
Westwood* |
WWON |
$7.64 |
$0.62 |
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* Component of the RBR Radio Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |
Television Stocks |
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Company |
Symbol |
Close |
Change |
ACME * |
ACME.PK |
$1.05 |
$0.00 |
Belo * |
BLC |
$5.99 |
$0.09 |
CBS Cl. B * |
CBS |
$15.90 |
-$0.27 |
CBS Cl. A |
CBSa |
$15.89 |
-$0.26 |
Disney |
DIS |
$33.29 |
-$0.29 |
Entravision * |
EVC |
$2.00 |
-$0.03 |
Fisher * |
FSCI |
$17.75 |
-$0.10 |
Gannett |
GCI |
$12.35 |
$0.01 |
Gen. Elec. |
GE |
$16.43 |
-$0.23 |
|
GOOG |
$530.41 |
$3.12 |
Gray * |
GTN |
$1.98 |
-$0.06 |
Gray, Cl. A |
GTNa |
$1.90 |
-$0.01 |
Journal |
JRN |
$4.30 |
-$0.04 |
Meredith |
MDP |
$32.89 |
-$0.13 |
Media Gen. |
MEG |
$9.39 |
-$0.08 |
McGraw-Hill |
MHP |
$32.84 |
-$0.34 |
News Corp. |
NWS |
$15.66 |
-$0.18 |
Nexstar * |
NXST |
$4.98 |
-$0.03 |
Sinclair * |
SBGI |
$7.05 |
-$0.05 |
SBS |
SBSA |
$0.85 |
-$0.01 |
Saga |
SGA |
$20.30 |
$0.30 |
Scripps |
SSP |
$7.91 |
$0.03 |
LIN TV * |
TVL |
$4.36 |
$0.27 |
Time Warner |
TWX |
$30.92 |
-$0.45 |
Wash. Post |
WPO |
$371.76 |
-$8.24 |
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* Component of the TVBR Television Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |