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Goldman Sachs is out with a note, where it maintains its “neutral” rating on Focus Media (FMCN); it has also raised its target price from $19.00 to $21.00. FMCN has recently divested its Internet advertising business by selling its remaining 62% stake in Allyes for $124mn in cash. The deal is...

Shares of Focus Media Holding Limited (NASDAQ: FMCN) are higher on the session by 2.14%, currently trading at $18.12. The stock has been moving largely higher over the past six months and is nearing its 52–week high. Options traders are selling puts on the name today. The October $16 put was sold...

Analysts at Macquarie Capital Markets initiate coverage of Focus Media Holding Limited (NASDAQ: FMCN) with an "outperform" rating. The target price for FMCN is set to $23. FMCN’s shares fell 0.17% to close at $17.74 yesterday. More Analyst Ratings here

Omnicom Group Inc. (NYSE: OMC) announced today that it will pay $22.50 per $1,000 principal amount of its Zero Coupon Zero Yield Convertible Notes Due 2032 to registered noteholders who have not, as of immediately following the close of business on August 2, 2010, exercised their right to require...

Omnicom Group Inc. (NYSE: OMC) on Tuesday morning released financial results that beat Wall Street earnings expectations but missed revenue estimates Omnicom Group Inc. (OMC) reported that its 2nd quarter net income rose 4.2% to $243.3 million, or 79 cents per share, up from $233.4 million, or 75...

Enabling further progression in digitized health care, the Department of Health and Human Services (HHS) of the U.S. published the final rule for Stage 1 of achieving “meaningful use” of EHRs. This rule, which is less stringent than the Notice of Proposed Rule-making (NPRM), removed uncertainties...

Interpublic Group of Companies Inc. (NYSE: IPG) presented its outlook report at William Blair & Company’s 30th Annual Growth Stock Conference. The company highlighted that it is on track to achieve its target 2010 operating margin of 8%. Interpublic Group (IPG) also showed improved results...

Some of the stocks that are valued below $10 and have the potential to become one of the high volume movers in the early trading hours are: The seismic equipment leasing company Mitcham Industries (NASDAQ: MIND) announced today that its Q1 adjusted earnings of $0.11 a share on revenue of $16.5...

Analysts at JP Morgan initiate coverage of VisionChina (NASDAQ: VISN) with a "neutral" rating. The target price for VISN is set to $4.10. JP Morgan expects a structural long-term growth in mass transit advertising at VISN as: “(1) viewer ship increases with urbanization and significant investment...

Analysts at JP Morgan initiate coverage of AirMedia (NASDAQ: AMCN) with a "neutral" rating. The target price for AMCN is set to $4.60. JP Morgan expects AMCN to return to profitability by Q3 and post strong revenue growth in 2010 driven by: “(1) an increase in digital frame ASP; (2) increase in the...

Analysts Richard Gardner and Kent Schofield at Citigroup have released an update on Hewlett-Packard Company (NYSE: HPQ). Analysts met with HP’s Imaging and Printing (IPG) management in San Diego. In the meeting, IPG management outlined its strategy for sustained growth beyond current recovery,...

Analysts at Cowen & Co initiate coverage of VisionChina (NASDAQ: VISN) with a "neutral" rating. VISN’s shares gained 3.34% to close at $3.39 yesterday. More Analyst Ratings here

Intel Capital (NASDAQ: INTC) has announced that it will be investing $10 million in TRA, a media planning and analytics company. The funding will come from the $200 million Invest in America technology fund run by Intel. According to TechCrunch, this amount forms the major chunk of the $18.2...

Acura Pharmaceuticals Inc (NASDAQ: ACUR) crossed its earlier 52-week low of $3.36 and created a new 52-week low of $3.30, down 6.25% at 1:41 pm. ACUR is a specialty pharmaceutical company and is based in Palatine, Illinois. AirMedia Group Inc (NASDAQ: AMCN) was another stock that made a new 52-week...

Focus Media Holding Limited (Nasdaq: FMCN) released financial results on Thursday after the market closed that beat Wall Street estimates. Focus Media Holding Limited reported 1st quarter adjusted earnings of 16 cents per share, on revenue of $124.9 million. According to a poll of analysts by...