Out of Focus: China’s top digital-ad company reflects slowdown
21 Nov 2008
By Don Gasper
Focus Media Holding, China’s leading digital-advertising company, has struck a discordant note by issuing a conservative earnings forecast for the fourth quarter of the year.
The company has hitherto been a favorite of investors, with its share price doubling and doubling again after it listed on Nasdaq in 2005.
Revenue during the thir