Tuesday, 22 November 2011

Focus Media plunges after Muddy Waters charges

(Reuters) - U.S.-listed shares of Focus Media Holding Ltd plunged to multiyear lows on Monday after short-selling firm Muddy Waters accused the company of "significant overstatement of the number of screens in its LCD network," among other charges.


Source: http://mf.feeds.reuters.com/c/871/f/435411/s/1a4779a2/l/0L0Sreuters0N0Carticle0C20A110C110C210Cus0Efocusmedia0Eshares0EidUSTRE7AK1ZR20A1111210DfeedType0FRSS0GfeedName0FtechnologyNews/story01.htm

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