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Monday, September 28, 2009

Sina-Focus Media Deal Collapses

Tiernan Ray

Chinese Web portal and mobile phone content provider Sina’s deal to acquire the billboard operations in China of Focus Media Holding has collapsed today, almost ten months after it was first announced.

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Monday, August 18, 2008

SanDisk Falls 10 Percent As Citi Says 2009 Estimates Too High

Tiernan Ray

Shares of flash memory chipmaker SanDisk (SNDK) are falling $1.89, almost 11 percent, to $15.75 this afternoon following a note by Citigroup analyst Craig Ellis today that says 2009 earnings estimates are in jeopardy for the company because contract prices for flash are plummeting.

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This is a section of the All Things Digital Web site featuring posts from around the Web, from other Dow Jones properties and also original pieces we solicit. The section is now explicitly labeled that it comes "from other Web sites."

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