Note: Muddy Waters is short FMCN. Also, FMCN reported first quarter earnings yesterday of $.46, beating consensus of $.43 (however, only 6 analysts cover the stock). You can read more on the earnings release here.
On Mad Money, Jim Cramer said his Four Horsemen of China include: Baidu (Nasdaq: BIDU), Focus Media (Nasdaq: FMCN), China Telecom (NYSE ... but he has sold shares as the stock has moved up in price on valuation concerns. …
Background on Focus Media and CEO Jason Jiang Back in August of 2012 ... FMCN insiders have sold at least $1.7 billion worth of stock (two-thirds of FMCN’s enterprise value) since FMCN’s IPO. At the same time, the insiders and …
He sent his report, which highlighted Muddy Waters' bet against the stock, to just 50 acquaintances in the investment ... positions against a slew of companies including Focus Media (FMCN), Rino International (RINO), China MediaExpress …
Some corporations are using that cash to buy back their stock, while others are hiking up their ... http://investorplace.com/2012/08/mampa-mania-continues-to-heat-up-lcc-bp-tso-cg-fmcn-pvsw-fsii/.
Shares of Focus Media Holding Ltd. (FMCN) touched a new 52-week high of $30.27 on Wednesday ... Net revenues for the non-core business are expected to be $10 million to $11 million. Focus Media stock gapped open sharply higher on …
b-Included pretax gain of $ 99.7 million on the sale of FMC Wyoming stock, and pretax charges of $ 82.5 million for increased environmental reserves, $ 52 million primarily related to reserves covering the shift of lithium-based production …
Central European Media (CETV): The stock gets a Buy-from-Hold hoist by Deutsche Bank, which has a target of $24. Focus Media (FMCN): Goldman gives Focus Media a boost to Buy from Neutral. Alumina (AWC): The Royal Bank of …
U.S. stock market report [.N] 1103 ET 22Dec2008-Focus Media, SINA down after asset purchase offer ——————————————————————————————————————— Shares of both Focus Media …
Investors rushed to dump Focus Media (FMCN) shares, which closed 39.5% lower on Monday. The stock fell as much as 65% at one point during the day. The Muddy Waters report alleges that Focus Media pretended to acquire companies …