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FTI Consulting, Inc. - $FCN STOCK NEWS

Welcome to our dedicated page for FTI Consulting news (Ticker: $FCN), a resource for investors and traders seeking the latest updates and insights on FTI Consulting stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FTI Consulting's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FTI Consulting's position in the market.

Rhea-AI Summary

FTI Consulting, Inc. has appointed Roy Huang as the Head of Asia & Caribbean, effective May 3, 2024. Mr. Huang will lead the growth of the Business Transformation practice in the region, strengthening core service capabilities and client relationships. Prior to joining FTI Consulting, he was a Partner at Boston Consulting Group with expertise in investment, business transformation, and mergers and acquisitions. Mr. Huang's appointment aims to drive growth and enhance the firm's position in critical crises and transformational events.

Rhea-AI Impact
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End-of-Day
0.44%
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Rhea-AI Summary

FTI Consulting, Inc. appointed Bryan Perry as a Senior Managing Director in the Center for Healthcare Economics and Policy. Perry brings over a decade of experience in antitrust and healthcare markets, specializing in economic analysis for commercial litigation. His role involves providing evidence-based analytics for cases like antitrust disputes, commercial litigation, and class-action lawsuits. Perry's expertise spans across various industries, including healthcare, consumer products, automotive, and technology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
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management
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Rhea-AI Summary

FTI Consulting, Inc. (NYSE: FCN) has appointed Beji Varghese as a Senior Managing Director in their Financial Services practice. With over 25 years of consumer finance experience, Varghese will focus on leveraging technology to enhance compliance and improve efficiency for financial services clients. His role will involve identifying gaps, improving compliance, and utilizing technology to protect and enhance enterprise value. FTI Consulting aims to strengthen its consumer finance presence in Charlotte and the Southeast region through Varghese's appointment.

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Rhea-AI Sentiment
End-of-Day
1.01%
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Rhea-AI Summary
FTI Consulting, Inc. (NYSE: FCN) reported record first-quarter 2024 financial results with revenues of $928.6 million, up 15% from the prior year. Net income increased to $80.0 million, and EPS rose to $2.23. Adjusted EBITDA reached $111.1 million, showing strong growth across all business segments. The company's cash position remained stable, with $244.0 million in cash and cash equivalents at the end of the quarter. Segment results showed growth in Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. Overall, FTI Consulting demonstrated solid financial performance and positive business outlook.
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Rhea-AI Sentiment
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0.73%
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Rhea-AI Summary
FTI Consulting, Inc. (NYSE: FCN) will release financial results for Q1 2024 on April 25, 2024. A conference call hosted by senior management will follow at 9:00 a.m. Eastern Time. The call will be simulcast live on the internet and a replay will be available on the investor relations website.
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Rhea-AI Sentiment
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-0.96%
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Rhea-AI Summary
FTI Consulting, Inc. (NYSE: FCN) appoints Veronica Irastorza as Senior Managing Director in Litigation & Disputes Resolution, reinforcing the firm's Economic Consulting segment. With over 20 years of experience in competition, regulation, economics, and disputes within the energy sector, Irastorza's expertise will aid clients in navigating industry transitions and challenges.
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Rhea-AI Sentiment
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0.6%
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FTI Consulting, Inc. (NYSE: FCN) releases 'CISO Redefined: Navigating C-Suite Perceptions & Expectations', highlighting a communication gap between CISOs and executives. Executives feel CISOs fail to communicate cybersecurity risks effectively, impacting organizations' bottom line and reputation.
Rhea-AI Impact
Rhea-AI Sentiment
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-0.48%
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FTI Consulting, Inc. appoints Cedric Bernardeau as Senior Managing Director in Transactions Tax offering, bringing 30 years of experience in transfer pricing and supply chain advisory. His role will focus on structuring transactions to meet clients' business goals effectively.
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1.15%
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FTI Consulting, Inc. (FCN) appoints Jiva J. Jagtap as Global Leader of Private Equity service offering. With over 25 years of experience, Mr. Jagtap will lead a team supporting private equity clients globally, focusing on value creation and risk mitigation. FTI Consulting aims to provide expertise and generate value for private capital firms and their portfolio companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
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Rhea-AI Summary
FTI Consulting, Inc. acquires Madison Consulting Group to enhance property and casualty actuarial and compliance offerings within the Global Insurance Services practice. The acquisition adds 25 billable professionals, including a Senior Managing Director, expanding the firm's capabilities in actuarial consulting and regulatory compliance services for insurance companies. Terms of the transaction were not disclosed.
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Rhea-AI Sentiment
End-of-Day
0.64%
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FTI Consulting, Inc.

NYSE:FCN

FCN Rankings

FCN Stock Data

7.89B
34.26M
1.73%
101.74%
1.36%
Payroll Services
Professional, Scientific, and Technical Services
Link
United States of America
WASHINGTON

About FCN

fti consulting, inc. is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. fti consulting professionals, located in all major business centers throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges and opportunities.