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News Breaks
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January 6, 2012
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| 11:26 EDT |  | FMCN |
| theflyonthewall.com: | Focus Media says Ipsos census of screens within 80 of company data | | Focus Media announced earlier that its audit committee received the results of the third-party, independent full-count census of the number of displays in Focus Media's LCD display network, which was independently conducted by Ipsos Marketing Consulting in November and December 2011. The census results from Ipsos show that the total number of displays in Focus Media's LCD display network was 185,174, excluding 103 displays in Lhasa. The number of displays as of Nov. 28, 2011, based on Focus Media data was 185,254, excluding 103 displays in Lhasa. In the audit committee's opinion, the two independent surveys and this independent census demonstrate that the display count figures disclosed by Focus Media are substantially accurate, the company said. :theflyonthewall.com |
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May 24, 2012
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| 14:53 EDT |  | FMCN |
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May 22, 2012
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| 12:35 EDT | | FMCN |
| | 12:08 EDT | | FMCN |
| theflyonthewall.com: | Upcoming book to highlight Chanos' short position in Focus Media, ValueWalk says | | The soon to be published "The Alpha Masters: Unlocking the Genius of the World’s Top Hedge Funds" by Maneet Ahuja will feature discussions with numerous noted hedge fund managers, including Jim Chanos, according to ValueWalk. In the book, Chanos discusses his idea to short China and "specifically mentions Focus Media (FMCN) as a company he believes is committing fraud," ValueWalk said. Volatility in shares of Focus Media is being attributed to circulation of the advance notes on the book. Near noon, Focus Media shares are down 66c, or 3%, to $21.33. Reference Link :theflyonthewall.com |
| | 12:03 EDT | | FMCN |
| | 11:50 EDT | | FMCN |
| theflyonthewall.com: | Focus Media drops 2.7%, or 60c, to $21.39 | | :theflyonthewall.com |
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May 14, 2012
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| 11:00 EDT |  | FMCN |
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