|
|
News Breaks
|
January 9, 2012
|
| 09:39 EDT |  | FMCN |
| theflyonthewall.com: | Focus Media provides further info regarding Muddy Waters' recent allegations | | Focus Media Holding provided further information regarding the allegations raised in a research report by Muddy Waters dated Jan. 6. Focus Media is considering all appropriate legal measures to defend itself and its sharehodlers. The company will continue to monitor the short position activity in its shares. The matters discussed in the MW Report relate to Focus Media's insignificant acquisition of a regional distributor, Jilin Focus Advertising Co. Ltd., or FMCN Jilin, in Jilin Province, and a restructuring undertaken by the sellers of FMCN Jilin to secure advantageous tax treatment. :theflyonthewall.com |
|
|
News For FMCN From The Last 14 Days Check below for free stories on FMCN the last two weeks.
There are 6 items on the Fly with pertinent information.
Sign up for a free trial to see the rest of the stories you've been missing. |
|
May 24, 2012
|
| 14:53 EDT |  | FMCN |
|
|
May 22, 2012
|
| 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 |
|
|
May 14, 2012
|
| 11:00 EDT |  | FMCN |
|
|
|
|
|
Subscribe for More Information