FCN posts
FeedPosted Jul 19th 2010 3:40PM by Wade Hansen (RSS feed)
Filed under: Insiders, Stocks to Buy

If you are looking for clues telling you which stocks have a good chance of increasing in value, you might want consider watching what insiders are doing. After all, talk is cheap, but when insiders put their own money on the line, you should sit up and take note.
Monsanto Co (
MON) topped the insider-buying charts for the week ending July 9th as insiders snapped up 67,500 shares of company stock at a market value of $3,515,142. During the past six months, insiders have increased their overall holdings in the company by -1.65% and now own 0.22% of MON stock.
Overseas Shipholding Group Inc (
OSG) was not far behind, with insiders buying 42,880 shares at a market value of $1,496,789. Insiders now own 15.69% of the company's stock after decreasing their overall holdings by 0.05% during the past six months.
Continue reading Insiders Snapping Up Monsanto, Overseas Shipholding
Posted Jul 7th 2010 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Allstate Corp (ALL), Chubb Corp (CB), Analyst Initiations, EMC Corp (EMC), Juniper Networks (JNPR), Marvell Technology Group (MRVL), Travelers Companies Inc. (TRV)
Analyst Upgrades
- Oppenheimer upgraded VeriSign (VRSN) to outperform from perform, citing better-than-expected domain names trends and the potential for a sizeable share buyback. The firm has a $33 price target for shares.
- Oppenheimer also upgraded EMC (EMC) to outperform from perform, citing valuation and expectations for strong Q2 results. The firm set a $22 price target for shares.
- Piper Jaffray upgraded Juniper (JNPR) to overweight from neutral, citing valuation and its longer-term outlook. The firm keeps a $31 price target for shares.
- Kilroy Realty (KRC) was upgraded to neutral from underperform at BofA/Merrill.
- Veolia Environment (VE) was upgraded to buy from add at WestLB.
- QEP Resources (QEP) was upgraded to positive from neutral at Susquehanna.
Continue reading Analyst Calls: ALL, EMC, FCN, IRBT, JNPR, MRVL, RNOW, TRV, VRSN ...
Posted Jan 8th 2010 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Coca-Cola (KO), Abercrombie and Fitch (ANF), Analyst Initiations, Barclays plc ADS (BCS)
Analyst Upgrades
- JPMorgan upgraded Alliance Data Systems (ADS) to overweight from neutral to reflect potential upside to 2010 estimates. The firm raised its target on shares to $84 from $68.
- JMP Securities upgraded SVB Financial (SIVB) to outperform from market perform and has a $54 target on the stock. The firm believes industry conditions are improving and that the recent TARP repayment is a positive sign regarding credit and liquidity.
- Citigroup upgraded Agrium (AGU) to buy from hold on expectations that 2010 will bring a recovery in fertilizer volumes. The firm raised its target price on shares to $82 from $64.
- Edwards Lifesciences (EW) was upgraded to conviction buy from buy at Goldman.
- Barclays (BCS) was upgraded to buy from neutral at UBS.
- Tower Bancorp (TOBC) was upgraded to outperform from market.
Continue reading Analyst Upgrades, Downgrades and Initiations: ADS, ANF, BCS, EXC, HRS, KO, TJX, WEN ...
Posted May 14th 2009 12:45PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, CIGNA Corp (CI), Coca-Cola Enterprises (CCE), Alcatel-LucentADS (ALU), Analyst Initiations, JetBlue Airways (JBLU), Liz Claiborne (LIZ)
Analyst upgrades:
- Oppenheimer upgraded FTI Consulting (NYSE:FCN) to Outperform from Perform on expectations the stock will outperform in the second half of 2009 due to easier comparisons and a "deeper and longer" restructuring cycle. The firm has a $62 target on shares.
- Citigroup upgraded Cigna (NYSE:CI) to Hold from Sell to reflect reduced balance sheet risk following the company's capital raise and the potential for a PBM sale. The firm raised its target price to $23 from $13.
- Goldman expects Coca-Cola Enterprises (NYSE:CCE) to benefit from favorable soda demand and lower commodity costs. The firm upgraded shares to Conviction Buy from Buy and has a $20 target on the stock.
- Novellus (NASDAQ:NVLS) was raised to Buy from Neutral at Bank of America/Merrill.
- CME Group (NASDAQ:CME) was upgraded at JP Morgan to Neutral from Underweight.
- Allegiant (NASDAQ:ALGT) was upgraded to Overweight from Equal Weight at Morgan Stanley.
Continue reading Analyst upgrades, downgrades and initiations: CI, CCE, JBLU, LIZ, LLL
Posted Mar 17th 2009 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Home Depot (HD), Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs Group (GS), Morgan Stanley (MS), Analyst Initiations, Garmin Ltd (GRMN)
Analyst upgrades:
- Jefferies upgraded Home Depot (NYSE: HD) to Buy from Hold as they expect significant multiple expansion as earnings revisions start to bottom out and the market starts to factor in a recovery. The firm raised its price target to $24 from $18-$20.
- Goldman upgraded HSBC (NYSE: HBC) to Neutral from Sell and removed the stock from their Asia Pacific Sell List given the company's plans to stop making new loans at its U.S. unit.
- Deutsche Bank upgraded Ensco International (NYSE: ESV) to Hold from Sell on valuation as it believes weakening shallow water demand is priced into shares at current levels. The firm raised its target price to $32 from $30.
- Liberty Global (NASDAQ: LBTYA) was raised to Equal Weight from Underweight at Morgan Stanley.
- UnitedHealth (NYSE: UNH) was lifted to Outperform from Market Perform at Bernstein.
Continue reading Analyst upgrades, downgrades and initiations: HD, HBC, GS, MS, BAC, JPM, C ...
Posted Jul 29th 2008 2:53PM by Guest blogger (RSS feed)
Filed under: Industry, H and R Block (HRB), Stocks to Buy
By Michael Vodicka,
analyst, Zacks Investment Research.It has been exceptionally challenging this year for many companies to grow their earnings, as a number of factors continue to wreak havoc on normally profitable business models.
Higher energy costs have been squeezing almost every company's margins, none more significantly than the airline and auto industries. Raw materials costs continue to climb as large, developing nations like India and China compete for a limited supply of natural resources.
To make matters worse, the credit markets have locked up, making it very difficult for companies to secure the funding and capital so desperately needed to drive growth.
Help On The Way
But when the going gets tough, these companies know they can call upon a trusted ally to provide shelter from the storm. And that help comes in the form of consultants.
With substantial amounts of financial and reputational stress circulating through the economy, consultants are increasingly being called upon to provide a steady hand. These companies have seen a direct up tick in their business volumes as distressed companies search for methods to cut costs and save face.
Continue reading Consulting stocks stay strong
Posted Mar 5th 2008 3:06PM by Larry Schutts (RSS feed)
Filed under: Earnings Reports, Analyst Upgrades and Downgrades, Technical Analysis, Stocks to Buy
FTI Consulting (NYSE: FCN) provides
forensic/litigation services to major corporations, financial institutions and law firms. Company experts offer investigative services to firms facing fraud, disclosure, and malpractice issues, to assist them in their legal defense or pursuit of recoveries. FTI also serves its clients with expert testimony and corporate restructuring services. In addition, FTI offers economic consulting and advises clients on merger & acquisition deals and regulatory matters. The firm serves more than 1,000 clients through about 30 offices in the US, the UK and the Asia/Pacific region.
The company pleased investors last week, when it reported Q4 EPS of 60 cents and revenues of $280.5 million. Analysts had been expecting 58 cents and $260.2 million. Management also guided FY08 EPS to $2.40-$2.50 ($2.36 consensus) and FY08 revenues to $1.27-$1.30 billion ($1.15B consensus). Stifel Nicolaus and Boenning & Scattergood subsequently reiterated "buy" and "market outperform" ratings on the issue, respectively.
Continue reading FTI Consulting (FCN): Shares forming bullish 'pennant'
Posted Jan 25th 2008 11:32AM by Eric Buscemi (RSS feed)
Filed under: Best Buy (BBY), , Analyst Initiations
MOST NOTEWORTHY: Best Buy, Circuit City and FTI Consulting were today's noteworthy initiations:
- Best Buy (NYSE:BBY) and Circuit City (NYSE:CC) were initiated with Hold ratings and a $45-$47 and $3.50-$4.50 target, respectively, at Jefferies. The firm expects shares to be range bound as the company struggles with its turnaround and investor concerns about pressure on big ticket consumer purchases persists.
- FTI Consulting (NYSE:FCN) was initiated with an Outperform at William Blair. The firm believes the company is well-positioned in the high-growth derivatives market and has attractive financial characteristics.
OTHER INITIATIONS:
- Thomas Weisel started Micrel (NASDAQ:MCRL) with an Overweight rating and $9 target.
- Ceva (NASDAQ:CEVA) was started with an Outperform rating and $13 target at RBC Capital.
- Verisign (NASDAQ:VRSN) was initiated with a Hold rating and $35 target at Stifel.
Posted Oct 15th 2007 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Initiations, China Mobile Limited (CHL)
MOST NOTEWORTHY: Banco Santander, Solera, FTI Consulting and Blue Coat Systems were today's noteworthy initiations:
- Societe Generale expects the Banco Santander's (NYSE: STD) strong organic growth in earnings to continue with the purchase of ABN Amro's (NYSE: ABN) assets in Brazil and Italy, starting shares off with a Buy rating. Shares were started at Merrill Lynch with a Neutral rating.
- William Blair initiated Solera Holdings (NYSE: SLH) with an Outperform rating, as they believe underlying trends for auto insurance claims are favorable.
- FTI Consulting (NYSE: FCN) was initiated at Deutsche Bank, as they believe the company is positioned to sustain double-digit growth, and with a Buy rating and $65 target and at Goldman with a Neutral rating and $62 target.
- Pacific Crest initiated Blue Coat Systems (NASDAQ: BCSI) with a Sector Perform rating on valuation and estimates fair value at $50/share.
OTHER INITIATIONS:
Posted Oct 12th 2007 11:08AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Cisco Systems (CSCO), Wal-Mart (WMT), Target Corp. (TGT), Costco Wholesale (COST), Analyst Initiations
MOST NOTEWORTHY: Encore Energy, Corporate Executive Board, FTI Consulting and Great Lakes Dredge were today's noteworthy initiations:
- Stanford believes shares of Encore Energy Partners LP (NYSE: ENP) are reasonably valued, and started shares with a Hold rating and $20.50 target.
- The Corporate Executive Board Company (NASDAQ: EXBD) was initiated with a Neutral at Baird, as they have concerns regarding the slowing economy near-term.
- Baird also started shares of FTI Consulting Inc (NYSE: FCN) with an Outperform rating and a $64 target, as they believe the company is well-positioned for continued strong growth driven by positive macro demand and specific company drivers.
- Banc of America initiated Great Lakes Dredge and Dock Corporation (NASDAQ: GLDD) with a Neutral rating and $10 target. The firm believes near-term visibility is closed by an unsettled Army Corps/domestic funding policy and is looking for a more attractive valuation.
OTHER INITIATIONS:
Posted Aug 17th 2007 2:56PM by Larry Schutts (RSS feed)
Filed under: Earnings Reports, Technical Analysis, Stocks to Buy
It's a complex business environment and managers can sometimes use outside help with important investigations, high-stakes litigation, and overall corporate performance issues. There is an outfit in Baltimore known for its expertise along those lines.
FTI Consulting (NYSE: FCN) provides forensic/litigation services to major corporations, financial institutions and law firms. Company experts offer investigative services to firms facing fraud, disclosure, and malpractice issues, to assist them in their legal defense or pursuit of recoveries. FTI also serves its clients with expert testimony and corporate restructuring services. In addition, FTI offers economic consulting and advises clients on merger & acquisition deals and regulatory matters. The firm serves more that 1,000 clients through about 30 offices in the US, the UK and the Asia/Pacific region.
The company pleased investors earlier in the month, when it reported Q2 EPS of 53 cents and revenues of $239.7 million. Analysts had been expecting 44 cents and $222.86 million. Management also guided FY07 EPS to $1.92-2.00 ($1.81 consensus) and FY07 revenues to $944-962 million ($922.41M consensus).
Continue reading FTI Consulting (FCN): High-powered help for corporations in trouble
Posted Jun 20th 2007 11:43AM by Kevin Shult (RSS feed)
Filed under: Before the Bell, Under Armour'A' (UA), Analyst Initiations, Time Warner Cable (TWC)
MOST NOTEWORTHY: Time Warner Cable , Solera Holdings (SLH) and BioDel (BIOD) filled this morning's initiation list:
- Wachovia is positive on Time Warner Cable's (NYSE: TWC) competitive position, growth opportunities and valuation, starting shares off with an Outperform rating...
- Solera (NYSE: SLH) was initiated at Deutsche Bank and Citigroup with a Hold rating; Goldman started Solera with a Buy rating and JP Morgan initiated shares with an Overweight rating...
- BioDel (NASDAQ: BIOD) was initiated at Banc of America with a Buy rating, as the company's proprietary technology Viadel enables faster uptake of insulin that more closely mimic's the body's natural first phase insulin response. Leerink started shares with an Outperform and Morgan Stanley initiated shares with an Overweight rating...
OTHER INITIATIONS:
- A.S.V. Inc (NASDAQ: ASVI) was initiated with a Buy rating at Oppenheimer.
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