There was rejoicing in financial markets around the globe as the US Fed and other central banks launched a coordinated effort to keep borrowing costs low and shore up the world’s financial systems, which should help boost business growth. The Dow Jones Industrial Average shot up 490 points, or 4.3%, to 12,046. Broadcasting stocks jumped with the market.
The RBR Radio Index was up 8.221, or 2.7%, to 314.854.
The TVBR Television Index was up 16.038, or 7.5%, to 230.078.
Winners
Entravision, up 18.9%
Saga, up 13.9%
Belo, up 11.2%
Losers
SBS, down 9.9%
Radio One, down 3.4%
Beasley, down 1%
Radio Stocks |
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Company |
Symbol |
Close |
Change |
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Arbitron * |
ARB |
$37.61 |
$1.27 |
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Beasley * |
BBGI |
$3.84 |
-$0.04 |
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CBS Cl. B |
CBS |
$26.04 |
$1.42 |
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CBS Cl. A |
CBSa |
$26.19 |
$1.19 |
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CC Media * |
CCMO |
$4.80 |
-$0.10 |
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Cumulus * |
CMLS |
$3.04 |
$0.12 |
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Debut |
DBTB |
$0.03 |
$0.00 |
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Dial-Global* |
DIAL |
$4.01 |
$0.39 |
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Disney |
DIS |
$35.85 |
$1.85 |
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Emmis * |
EMMS |
$0.83 |
$0.02 |
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Entercom * |
ETM |
$5.56 |
$0.47 |
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Entravision |
EVC |
$1.57 |
$0.25 |
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Fisher |
FSCI |
$29.90 |
$0.87 |
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Journal |
JRN |
$4.20 |
$0.41 |
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Light Media |
LGMH |
$0.08 |
$0.00 |
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Lincoln Natl. |
LNC |
$20.18 |
$1.69 |
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Pandora |
P |
$10.18 |
$0.33 |
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Radio One A |
ROIA |
$1.11 |
$0.00 |
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Radio One D * |
ROIAK |
$1.13 |
-$0.04 |
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Salem * |
SALM |
$2.40 |
$0.05 |
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SBS * |
SBSA |
$2.47 |
-$0.27 |
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Saga * |
SGA |
$35.30 |
$4.32 |
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Sirius XM |
SIRI |
$1.80 |
$0.08 |
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* Component of the RBR Radio Index |
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© 2011 Radio Business Report, Inc. All rights reserved. |
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Television Stocks |
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Company |
Symbol |
Close |
Change |
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ACME * |
ACME.PK |
$0.77 |
$0.02 |
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Belo * |
BLC |
$5.85 |
$0.59 |
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CBS Cl. B * |
CBS |
$26.04 |
$1.42 |
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CBS Cl. A |
CBSa |
$26.19 |
$1.19 |
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Comcast |
CMCSA |
$22.67 |
$0.92 |
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Disney |
DIS |
$35.85 |
$1.85 |
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Entravision * |
EVC |
$1.57 |
$0.25 |
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Fisher * |
FSCI |
$29.90 |
$0.87 |
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Gannett |
GCI |
$10.86 |
$0.55 |
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Gray * |
GTN |
$1.70 |
$0.12 |
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Gray, Cl. A |
GTNa |
$1.32 |
-$0.23 |
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Journal |
JRN |
$4.20 |
$0.41 |
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Meredith |
MDP |
$29.00 |
$1.75 |
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Media Gen. |
MEG |
$3.85 |
$0.28 |
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McGraw-Hill |
MHP |
$42.70 |
$1.61 |
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Nielsen |
NLSN |
$29.05 |
$0.40 |
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News Corp. |
NWS |
$17.85 |
$0.94 |
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Nexstar * |
NXST |
$7.95 |
$0.20 |
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Sinclair * |
SBGI |
$10.34 |
$0.62 |
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SBS |
SBSA |
$2.47 |
-$0.27 |
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Saga |
SGA |
$35.30 |
$4.32 |
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Scripps |
SSP |
$8.50 |
$0.59 |
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LIN TV * |
TVL |
$3.41 |
$0.29 |
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Time Warner |
TWX |
$34.82 |
$1.44 |
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Wash. Post |
WPO |
$358.91 |
$10.91 |
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* Component of the TVBR Television Index |
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© 2011 Radio Business Report, Inc. All rights reserved. |