Wall Street was watching Washington Thursday as Congress worked on details of a financial industry regulation bill – and worries about that bill sent financial stocks lower. Also, some major retailers issued some disappointing forecasts to add to the gloom. The Dow Jones Industrial Average fell 146 points, or 1.4%, to 10,153. Bad news from retailers is bad news for broadcasters, so radio and TV stocks fell.
The RBR Radio Index was down 4.366, or 1.3%, to 345.466.
The TVBR Television Index was down 5.433, or 2.7%, to 198.364.
Winners
Entravision, up 5%
Beasley, up 4.7%
Westwood, up 4.3%
Losers
Radio One, down 10.1%
Nexstar, down 8.3%
CC Media, down 5.4%
Radio Stocks |
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Company |
Symbol |
Close |
Change |
Arbitron * |
ARB |
$26.84 |
-$0.88 |
Beasley * |
BBGI |
$6.65 |
$0.30 |
CBS Cl. B |
CBS |
$13.77 |
-$0.70 |
CBS Cl. A |
CBSa |
$13.82 |
-$0.68 |
CC Media * |
CCMO |
$7.00 |
-$0.40 |
Cumulus * |
CMLS |
$3.70 |
-$0.10 |
Debut |
DBTB |
$0.03 |
$0.00 |
Disney |
DIS |
$33.60 |
-$0.74 |
Emmis * |
EMMS |
$2.25 |
-$0.01 |
Entercom * |
ETM |
$10.31 |
$0.28 |
Entravision |
EVC |
$2.71 |
$0.13 |
Fisher |
FSCI |
$17.97 |
-$0.48 |
|
GOOG |
$475.10 |
-$6.95 |
Journal |
JRN |
$4.42 |
-$0.08 |
Lincoln Natl. |
LNC |
$26.51 |
-$0.54 |
Radio One A |
ROIA |
$1.91 |
-$0.22 |
Radio One D * |
ROIAK |
$1.87 |
-$0.21 |
Salem * |
SALM |
$4.09 |
$0.07 |
SBS * |
SBSA |
$1.27 |
-$0.04 |
Saga * |
SGA |
$25.31 |
-$0.64 |
Sirius XM |
SIRI |
$1.07 |
$0.01 |
Westwood* |
WWON |
$11.93 |
$0.49 |
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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 |
$0.90 |
$0.00 |
Belo * |
BLC |
$6.52 |
-$0.25 |
CBS Cl. B * |
CBS |
$13.77 |
-$0.70 |
CBS Cl. A |
CBSa |
$13.82 |
-$0.68 |
Disney |
DIS |
$33.60 |
-$0.74 |
Entravision * |
EVC |
$2.71 |
$0.13 |
Fisher * |
FSCI |
$17.97 |
-$0.48 |
Gannett |
GCI |
$14.94 |
-$0.94 |
Gen. Elec. |
GE |
$15.08 |
-$0.31 |
|
GOOG |
$475.10 |
-$6.95 |
Gray * |
GTN |
$2.87 |
-$0.15 |
Gray, Cl. A |
GTNa |
$2.91 |
$0.00 |
Journal |
JRN |
$4.42 |
-$0.08 |
Meredith |
MDP |
$32.82 |
-$1.10 |
Media Gen. |
MEG |
$10.47 |
-$0.33 |
McGraw-Hill |
MHP |
$30.25 |
-$0.20 |
News Corp. |
NWS |
$14.69 |
-$0.76 |
Nexstar * |
NXST |
$5.45 |
-$0.49 |
Sinclair * |
SBGI |
$6.51 |
-$0.25 |
SBS |
SBSA |
$1.27 |
-$0.04 |
Saga |
SGA |
$25.31 |
-$0.64 |
Scripps |
SSP |
$7.84 |
-$0.42 |
LIN TV * |
TVL |
$6.03 |
-$0.06 |
Time Warner |
TWX |
$30.84 |
-$0.99 |
Wash. Post |
WPO |
$435.40 |
-$3.05 |
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* Component of the TVBR Television Index |
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© 2010 Radio Business Report, Inc. All rights reserved. |