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PR News Wire (Free subscription) | 11/20/2009
SHANGHAI, China, Nov. 20 /PRNewswire-Asia/ -- Focus Media Holding Limited (Nasdaq: FMCN), China's leading multi-platform digital media company, today announced that the subscription for ordinary shares by Executive Chairman Jason Jiang, pursuant to the agreement entered into between Jason Jiang and the Company on September 23, 2009, has been completed. The Company issued and sold to Mr. Jiang, and...
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Radon Mitigation Pittsburgh (Free subscription) | 10/20/2009
( EMAILWIRE.COM , October 20, 2009 ) Del Mar, CA Josef Obermeier, President of MNDP, announces, "We are building the infrastructure that will allow us to increase sales and services with many revenue streams in several industries." MNDP will be expanding their marketing of their technologies as well specific industry targeted focus. These specific industries include movie production, aerial...
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SeekingAlpha Internet Stocks (Free subscription) | 09/30/2009
Zacks.com submits: SINA Corporation ( SINA ) said that it has dropped plans for acquiring Focus Media Holding Limited ( FMCN ) due to the delay in approval from China's Ministry of Commerce regarding antitrust issues. The companies have decided not to extend the deadline of the agreement. In order to provide more effective and integrated marketing solutions, SINA entered into a definitive agreement...
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Business Wire (Free subscription) | 09/30/2009
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: SINA Corporation (SINA), Focus Media Holding Limited (FMCN), Sohu.com Inc. (SOHU), Shanda Interactive (SNDA) and NetEase.com (NTES). Get...
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BloggingStocks (Free subscription) | 09/29/2009
Filed under: Deals , Rumors , Competitive strategy , Marketing and advertising Shares of Sina Corporation (NASDAQ: SINA ) soared to a new 52-week high Monday following news that the Chinese media giant's deal to purchase assets of Focus Media Holding Limited (NASDAQ: FMCN ) likely had fallen through . Rumors had swirled for weeks suggesting that the deal might not be completed. Sina was set to acquire...
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PR News Wire (Free subscription) | 09/28/2009
SHANGHAI, Sept. 28 /PRNewswire-Asia/ -- Focus Media Holding Limited (Nasdaq: FMCN), China's leading multi-platform digital media company, today announced that the Company and SINA Corporation (Nasdaq GS: SINA) have jointly reached a decision to not extend the deadline of the agreement announced on December 22, 2008, by which the Company agreed to sell substantially all of the assets of Focus Media's...
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PR News Wire (Free subscription) | 09/28/2009
SHANGHAI, Sept. 28 /PRNewswire-Asia/ -- SINA Corporation (Nasdaq GS: SINA), a leading online media company and mobile value-added service (MVAS) provider for China and for the global Chinese communities, announced today that the Company and Focus Media Holding Limited (Nasdaq: FMCN) have jointly reached a decision to not extend the deadline of the agreement announced on December 22, 2008, by which...
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StreetInsider.com News Articles (Free subscription) | 09/25/2009
UPGRADES: UBS upgrades UAL Corp. (Nasdaq: UAUA) to Buy, also named Top Pick in the sector. Click here for the full report. Goldman Sachs upgrades Apache Corp. (NYSE: APA) from Neutral to Buy, citing oil/liquids exposure, expected North America resource improvements and attractive valuation. Buckingham Research upgrades American Express (NYSE: AXP) from Neutral to Accumulate with a $46 price target....
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The Earth Times Online Newspaper (Free subscription) | 09/23/2009
SHANGHAI, Sept. 23 /PRNewswire-Asia/ -- Focus Media Holding Limited (Nasdaq: FMCN), China's leading multi-platform digital media company, today announced changes to its board members. Dr. Tan Zhi (a non-in...
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ChinaTechNews.com (Free subscription) | 09/20/2009
Chinese digital media company Focus Media Holding Limited stated its net loss from continuing operations was USD44.5 million as the company announced its unaudited financial results for the second quarter ended June 30, 2009. Net revenue for continuing operations was USD82.1 million, increasing 23% from USD66.7 million for the first quarter of 2009 but declining 23% [...]
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Market Wire (Free subscription) | 08/04/2009
NEW DELHI, INDIA (MARKET WIRE) Investors seeking the best unbiased research on Cadence Design Systems Inc. (NASDAQ: CDNS), PDL BioPharma Inc. (NASDAQ: PDLI), Gilead Sciences Inc. (NASDAQ: GILD), Focus Media Holding Ltd. (NASDAQ: FMCN), Cree Inc. (NASDAQ: CREE) and Aruba Networks Inc. (NASDAQ: ARUN) should sign up to StreetInvesting.com today to gain free access to the most educational research reports...
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SeekingAlpha Media Stocks (Free subscription) | 06/22/2009
Zachary Scheidt submits: Focus Media Holding Limited (FMCN) has been devastated by the recent economic downturn. In late 2007, the stock topped out above $65 per share, but currently trades at roughly $7.50 - down roughly 88% from its former glory. The Chinese advertising company spent considerable capital to develop a network of outdoor advertising monitors which held promise to generate huge revenues...
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ChinaTechNews.com (Free subscription) | 06/21/2009
Months after announcing that its once-lucrative LCD display advertising business was being sold to Chinese Internet firm Sina.com, Focus Media Holding Limited ahs announced its unaudited financial results for the first quarter ended March 31, 2009. On December 22, 2008, Focus Media announced that it entered into a definitive agreement with Sina Corporation to sell substantially [...]
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Pacific Epoch (Free subscription) | 03/24/2009
Chinese out-of-home advertiser Focus Media Holding Limited (Nasdaq:FMCN) recorded a net loss of $800.3 million, compared to net income of $51.3 million for the previous quarter, for the fourth quarter of 2008. Net loss from continuing operations was $422.2 million, while discontinued operations accounted...
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ChinaTechNews.com (Free subscription) | 03/23/2009
Just months after restructuring its in-store advertising network and selling its out-of-home digital networks to Sina.com, Chinese digital media group Focus Media Holding Limited has announced its unaudited financial results for the fourth quarter and full year ended December 31, 2008. Jason Jiang, chairman and CEO of Focus Media stated, "The fourth quarter 2008 was particularly [...]
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sinotechian | 12/13/2008
China’s Focus Media ( FMCN ), said they expected charges resulting from the restructuring of its CGEN in-store advertising network and announced the termination of its remaining wireless advertising business. In a statement, Focus Media said the termination will incur an additional one-time charge of about $20 million in the fourth quarter of 2008. The company also said that the 2008 performance of
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