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Focus Media Acquires 15% Of VisionChina
Thursday, December 30, 2010 - 9:59amCitigroup has published a research report on Focus Media Holding Limited (NASDAQ" FMCN) after the company announced jointly with VisionChina (NASDAQ: VISN) that it is to acquire a 15% stake in VISN. In the report, Citigroup writes "We believe the strategic partnership will allow both companies to...
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Focus Media Invests $61M In VisionChina
Thursday, December 30, 2010 - 9:54amPiper Jaffray has published a research report on VisionChina Media Inc. (NASDAQ: VISN) after the company announced that Focus Media Holding Ltd. (NASDAQ: FMCN) made a $61M investment in the VisionChina. In the report, Piper Jaffray writes "FMCN announced an investment of $61M in VISN. Additionally...
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Focus Media Holding (FMCN) Jumps 7% After Hours
Tuesday, March 16, 2010 - 8:22pm
Shares of Focus Media Holding Limited (Nasdaq: FMCN) jumped 7% during after-hours trading, after the company announced better than expected financial results. Focus Media Holding reported a 4th quarter net loss of $52.5 million, or 39 cents per share, compared to a loss of $802.5 million, or $6.24...
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