FTI Consulting Inc Stocks Increase and Business Soars by Vandi Kalsi Houston TX

July 19, 2010 - PRLog -- Profile: FTI Consulting Inc (FCN)
Stocks | Industrials | Business Support - Services

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FCN on New York Consolidated

45.19USD
25 Jun 2010
Price Change (% chg)

$0.71 (+1.60%)
Prev Close
$44.48
Open
$44.67
Day's High
$45.41
Day's Low
$44.48
Volume
765,022
Avg. Vol
480,419
52-wk High
$56.41
52-wk Low
$36.10

Full Description

FTI Consulting, Inc. (FTI), incorporated in 1982, is a global business advisory firm. The Company assists its customers in addressing a range of business challenges, such as restructuring (including bankruptcy), financing and credit issues and indebtedness, interim business management, forensic accounting and litigation services, mergers and acquisitions (M&A), antitrust and competition matters, electronic discovery, management and retrieval of electronically stored information, reputation management and strategic communications. As of December 31, 2009, the Company had operations across 37 United States cities and 21 foreign countries, which includes United Kingdom, Ireland, France, Germany, Spain, Belgium, Russia, Australia, China (including Hong Kong), Japan, Singapore, the United Arab Emirates, Bahrain, South Africa, Argentina, Brazil, Colombia, Panama, Mexico, Canada and the British Virgin Islands. FTI operates in five segments: Corporate Finance/Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. In April 2010, the Company acquired Baker Tilly Hong Kong Business Recovery Ltd.

Corporate Finance/Restructuring

FTI’s corporate finance/restructuring segment focuses on operational, financial and capital needs of businesses worldwide. The Company addresses the spectrum of financial and transactional challenges facing its clients, which include companies, boards of directors, private equity sponsors, banks, lenders and other financing sources and creditor groups, as well as other parties-in-interest. FTI advises a range of areas, including restructuring (including bankruptcy), financings, claims management, M&A, post-acquisition integration, valuations, tax issues and performance improvement. It also provides witness testimony, bankruptcy and insolvency litigation support and trustee and examiner services. The Company has particular expertise in the automotive, chemicals, communications, media and entertainment, energy and utilities, healthcare, real estate and financial services, and retail industries.

The Company provides advisory services to debtors, creditors and other stakeholders of companies confronting liquidity problems, excessive leverage, underperformance, over-expansion or other business or financial issues. FTI’s transaction advisory services (TAS) practice provides services, such as financial accounting, investment banking, tax advice, valuation services and Securities and Exchange Commission (SEC) to help its clients in mergers and acquisitions. Through FTI Palladium Partners, it provides interim management services to companies in crisis. The Company also provides real estate and financial advisory services.

Forensic and Litigation Consulting

The Company’s forensic and litigation consulting segment provides law firms, companies, government clients and other interested parties with dispute advisory, investigations, forensic accounting, business intelligence assessments and risk mitigation services. We assist our clients in all phases of government and regulatory investigations, inquiries and litigation, regardless of the subject matter of the proceeding or investigation, including pre-filing assessments, discovery, trial preparation, expert testimony and investigation and forensic accounting services. As of December 31, 2009, the services provided by the Company under Forensic and Litigation Consulting segment included Global Risk and Investigations Practice, Forensic Accounting and Financial Investigations, Dispute Advisory Services, Settlement Services, Construction Services and Trial Services.

Economic Consulting

The Company’s economic consulting segment provides law firms, companies, government entities and other interested parties with analysis of complex economic issues for use in legal and regulatory proceedings, decision making and public policy debates in the United States and worldwide. Its economic consulting segment services include compass lexicon, network industries strategies, energy solutions, international arbitration and auction solutions. Compass Lexecon practice provides economic and econometric consulting services to assist clients in public policy debates, regulatory proceedings, antitrust lawsuits and securities and commercial litigation. Energy solutions practice advises clients regarding conflicting regulatory frameworks, power industry restructuring, contractual disputes and litigation to the gas, oil and other energy industries.

Vandi Kalsi
Houston Business Consultants