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News Breaks
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February 1, 2012
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| 10:07 EDT |  | FMCN |
| theflyonthewall.com: | Focus Media concerns overdone, says Goldman | | Goldman said Focus Media lagging share performance is due to concerns regarding slowing e-commerce advertising spending, rising costs, and the lingering impact from negative Muddy Waters' reports. The firm believes the concerns are overdone and that operational trends are robust. Shares are Buy rated with a $43 price target. :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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