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Focus Media Beats Estimates; Updates Guidance (FMCN)
Monday, August 23, 2010 - 4:05pm | 272Focus Media Holding Ltd. (NASDAQ: FMCN) reports Q2 EPS of $0.30 versus estimates of $0.23. Focus Media Holding Ltd. reports revenues of $158.2 million versus estimates of $142.65 million. Revenues increased 27% sequentially and 22% year over year. FMCN issued the following outlook: “The net...
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Calls Purchased on Focus Media (FMCN)
Monday, August 23, 2010 - 11:28am | 220Shares of Focus Media Holding (NASDAQ: FMCN) are higher on the session by 2.71%, currently trading at $18.60. The stock has been moving largely higher over the past six months and is trading near its 52-week high of $19.26, which it set two weeks ago. Options traders are buying calls on the name...
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Earnings Preview: Focus Media (FMCN)
Monday, August 23, 2010 - 10:32am | 258Focus Media Holding Limited (NASDAQ: FMCN) is currently higher on the session by 2.98%, trading at $18.65. The company is scheduled to report earnings today, after the closing bell. • Estimates The Street is looking for Q2 earnings per share of $0.23 on revenue of $142.65 million. These estimates...
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Focus Media Holding Ltd (FMCN) Smart Buyers accumulating stock .
Monday, August 23, 2010 - 9:31am | 20Focus Media Holding Ltd (FMCN) Smart Buyers accumulating stock .Stock approaching 52 week high...
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Stocks To Watch For August 23 (SAFM, BAC, FMCN, WFMI, KNSY)
Monday, August 23, 2010 - 3:51am | 207Some of the stocks that may grab the investor focus today are: Wall Street expects Sanderson Farms (NASDAQ: SAFM) to report its FQ3 EPS at $1.87. SAFM’s shares gained 0.30% to close at $43.16 on Friday. Fitch Ratings raised the preferred stock rating of Bank of America Corp (NYSE: BAC) to an...
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Auriga Expects Focus Media to Post Solid Q2 (FMCN)
Friday, August 20, 2010 - 9:54am | 135Focus Media (NASDAQ: FMCN) is due to release its Q2 results on August 23rd. Auriga said, "Focus Media (FMCN, Buy) has not moved much YTD even though the company delivered a strong 1Q10, provided robust 2Q10 guidance and is highly likely to deliver another strong quarter. We believe the lack of...
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AMC Entertainment Sells 6,500,000 Shares of NCMI
Thursday, August 19, 2010 - 2:57pm | 51In a Form 4 filed earlier today, AMC Entertainment reported that it sold 6,500,000 shares of National Cinemedia Inc. (NASDAQ: NCMI) on August 18th for an average price of $16.00. The transaction totaled $104,000,000. AMC Entertainment does not own any shares of NCMI. Source: The Washington Service
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WPP Acquires Digitaria Interactive - Analyst Blog
Tuesday, August 17, 2010 - 12:10pm | 507WPP Group plc (WPPGY), through its subsidiary, has acquired US-based Digitaria Interactive Inc., which is a renowned digital agency that concentrates in transferring brands to Web applications, devices, appliances, multimedia and other digital media platforms. Based in San Diego, Digitaria employs...
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Partnership Deal for Omnicell - Analyst Blog
Wednesday, August 11, 2010 - 6:14pm | 397Recently, Omnicell (OMCL) entered into a partnership agreement with Sentry Data Systems to co-market the latter’s Sentinel RCM application. We believe this agreement will mutually benefit both as their businesses complement each other. While Omnicell’s Workflow software caters to inventory...
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AirMedia Announces Unaudited Second Quarter Financial Results
Wednesday, August 11, 2010 - 3:36pm | 101AirMedia Group Inc. (NASDAQ: AMCN) today announced its unaudited financial results for the second quarter ended June 30, 2010. Total revenues for the second quarter of 2010 reached US$56.3 million, representing a year-over-year increase of 53.0% from US$36.8 million and a quarter-over-quarter...
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WPP Acquires Geoff Howe - Analyst Blog
Sunday, August 8, 2010 - 11:11pm | 484Ireland-based advertising titan WPP Group Plc. (WPPGY), through its global healthcare communications unit, ghg, acquired a 100% stake in Geoff Howe Holdings Inc. The acquired company owns a 100% stake in a US-based agency engaged in marketing of animal health, diet and nutrition products, Geoff...
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Earnings Scorecard: Interpublic - Analyst Blog
Sunday, August 8, 2010 - 11:11pm | 682Interpublic Group of Companies Inc. (IPG) reported its earnings for the second quarter of its fiscal year 2010 on July 29, 2010, beating the Zacks Consensus Estimate by 5 cents per share. Analysts are bullish given the company’s impressive results, as almost every one covering the stock revised...
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VisionChina Media Inc. Announces Departure of CFO Scott Chen (VISN)
Friday, August 6, 2010 - 7:28am | 281VisionChina Media Inc. ("VisionChina Media" or the "Company") (NASDAQ: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced that its chief financial officer, Mr. Scott Chen, is resigning from his current role for personal...
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Lamar Loss Shrinks, Misses Estimate - Analyst Blog
Thursday, August 5, 2010 - 11:47am | 475Lamar Advertising Company (LAMR) reported its financial results for the second quarter of 2010. Net loss reported in the quarter was $8.9 million compared with a loss of $11.8 million reported in the second quarter of 2009. Earnings per share (EPS) were a loss of 10 cents versus a loss of 13 cents...
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Benzinga’s Top Pre-Market NASDAQ Losers (MDCO, WPPGY, RIMM, BIDU)
Wednesday, August 4, 2010 - 7:48am | 178Medicines Company (NASDAQ: MDCO) dipped 1.07% to $12.34 in the pre-market session. MDCO said that a district court has ordered the United States Patent and Trademark Office "to consider the Medicine[s] Company's patent term extension application timely filed." WPP Plc (NASDAQ: WPPGY) lost 0.86% to...