FRANKFURT, Germany, Oct. 10, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Jens Paulus as a Senior Managing Director in the Forensic and Litigation Consulting segment. Mr. Paulus, who is based in Berlin, has advised corporate and public clients on a wide range of risk, compliance and geopolitical-related matters for more than 20 years. In his role at FTI Consulting, he will help clients develop strategies to navigate disruption and global megatrends, such as cl ...

WASHINGTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the firm's Technology segment has launched IQ.AI by FTI Technology™, artificial intelligence solutions that address a range of client issues across disputes and investigations, antitrust and data breach response. FTI Technology's digital insights and risk management experts, attorneys, data scientists and consultants designed and deliver IQ.AI as a proprietary combination of workflows and expertise for applyi ...

Company Expansion and Leadership - FTI Consulting expands its Global Insurance Services practice with the appointment of Maria Filipakis as a Senior Managing Director within the Forensic and Litigation Consulting segment [1] - Maria Filipakis brings nearly two decades of experience in government roles, including as a litigator, enforcement lawyer, and regulator in securities, banking, and insurance [2] - She previously served as the first Executive Deputy Superintendent of the Capital Markets Division at the New York State Department of Financial Services, leading the development of pioneering regulations in cybersecurity and digital currencies [3] Expertise and Role at FTI Consulting - Maria Filipakis will support clients in the financial services industry with regulatory, compliance, claims challenges, risk management, due diligence, and financial analysis [4] - Her diverse background in insurance and cybersecurity will help clients address a wide range of compliance and regulatory challenges [4] - Prior to joining FTI Consulting, she co-founded and served as a Managing Partner at the Topside Group, focusing on strategic and regulatory matters in securities, insurance, banking, cybersecurity, and digital currencies [5] Industry Trends and Client Needs - The insurance industry has seen a shift in recent years due to emerging risks related to artificial intelligence, compliance, regulation, and litigation [5] - FTI Consulting professionals combine industry expertise with technical acumen to guide clients through these evolving challenges [5] - Businesses are reassessing risk management approaches amid a challenging regulatory landscape and advancements in artificial intelligence [6] Company Overview - FTI Consulting is a global business advisory firm with over 8,000 employees across 33 countries and territories, helping organizations manage change, mitigate risk, and resolve disputes [7] - The company generated $3.49 billion in revenues during fiscal year 2023 [7] - FTI Consulting provides services through distinct legal entities in certain jurisdictions, which are separately capitalized and independently managed [7]

WASHINGTON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that it will release financial results for the third quarter ended September 30, 2024 before the New York market opens on Thursday, October 24, 2024. A conference call will be held to discuss these financial results on Thursday, October 24, 2024, at 9:00 a.m. Eastern Time and will be hosted by senior management. The conference call will be simulcast live on the Internet and can be accessed by logging onto the Comp ...

Group 1 - TechnipFMC has been awarded two significant subsea contracts by Petrobras, marking a crucial advancement in the development of Brazil's offshore hydrocarbon resources [1] - The first contract involves the design, engineering, and manufacturing of flexible riser pipes, valued between $250 million and $500 million [2] - The second contract focuses on subsea production systems for the Atapu 2, Sepia 2, and Roncador projects, with expected inbound orders between $75 million and $250 million [4] Group 2 - The Atapu and Sepia fields are in their second development phase, with new FPSO vessels expected to increase production capacity by 225,000 barrels of oil per day [5] - The Roncador field, operated by Petrobras, is also set to enhance its production capabilities following the award of the contracts to TechnipFMC [6] - TechnipFMC's previous involvement in the Búzios fields reinforces its leadership in flexible pipe technology and standardized equipment platforms [3] Group 3 - TechnipFMC is recognized as a leading manufacturer and supplier of integrated technology solutions for the energy sector, currently holding a Zacks Rank 2 (Buy) [7] - Other notable stocks in the energy sector include PEDEVCO Corp. and VAALCO Energy, with PEDEVCO showing a 33.3% improvement in earnings estimates for 2024 [8]

WASHINGTON, Sept. 23, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Brian Salsberg as a Senior Managing Director and Global Head of M&A in the Transactions practice within the firm's Corporate Finance & Restructuring segment. Mr. Salsberg, who is based in New York, is a highly experienced M&A professional, having successfully led clients through more than 100 acquisitions, mergers, joint ventures and divestitures. He joins FTI Consulting from EY, where he was t ...

Core Viewpoint - The article highlights three energy stocks—TechnipFMC plc (FTI), Murphy USA (MUSA), and Sunoco LP (SUN)—that have shown substantial EPS growth and may present investment opportunities in the current market environment. Group 1: TechnipFMC plc (FTI) - TechnipFMC is a UK-based company formed from the merger of Technip and FMC Technologies in January 2017, providing products, services, and technology solutions for the energy industry [2] - The stock is currently trading around $26 per share with a forward earnings multiple of 15.15X, which is below its historical median of 18.48X, indicating potential for upside [3] - Despite a 51.7% decline over the past decade, FTI has increased by 29% in the last 12 months, aligning with the S&P 500 Index, and is expected to see earnings nearly triple in 2024, reaching $1.90 per share, representing a 217% increase from the 2019 adjusted EPS of $0.60 [4] Group 2: Murphy USA (MUSA) - Murphy USA is a leading independent retailer of motor fuel and convenience merchandise in the U.S., currently holding a Zacks Rank of 3 (Hold) [5] - The stock trades at just under $492 per share with a forward earnings multiple of 18.66X, which is 23% below its decade high of 24.35X [5] - Over the last decade, MUSA has surged 818%, significantly outperforming the S&P 500's 195% increase, although it has seen a 3.6% decline in the last month [7] - Earnings are forecasted to decline by 5.1% in 2024 to $24.20 per share, but this still represents a 360% increase from the 2019 adjusted EPS of $5.26 [7] Group 3: Sunoco LP (SUN) - Sunoco LP operates in the transportation and supply phase of the U.S. petroleum market, focusing on motor fuel distribution [8] - The stock has a Zacks Rank of 3, with earnings estimates for 2024 increasing by 27% over the last 60 days, currently trading at $53.51 per share with a forward earnings multiple of 7.53X [9] - Although Sunoco's stock has lost 1.8% over the last decade, it has gained 44.6% in the last three years, outperforming the S&P 500's 27.4% rise [9] - Projected earnings for 2024 are expected to jump by 154.2%, with this year's anticipated earnings of $9.29 per share reflecting a 229% increase over the last five years from a 2019 EPS of $2.82 [10]

Offshore rig contractor Noble Corporation's (NE) CEO, Robert Eifler, recently shed light on the future of deepwater drilling, predicting that dayrates for rigs could rise to $600,000 per day by 2026. This optimistic outlook hinges on expected growth in global deepwater spending, which Noble forecasts will average $79 billion annually in 2026 and 2027. This would mark a 20% increase from 2023-2025, reflecting oil producers' renewed focus on deepwater exploration. As dayrates largely dictate the amount of rev ...

Core Insights - FTI Consulting has launched a Cybersecurity practice in Spain, appointing Oliver Gower as Senior Managing Director to lead this initiative [1][3][4] Company Overview - FTI Consulting, Inc. is a global business advisory firm with over 8,000 employees across 33 countries, generating $3.49 billion in revenues during fiscal year 2023 [7] Leadership and Expertise - Oliver Gower joins FTI Consulting from Banco Santander, where he led the Global Cyber Emergency Response Team and developed a global cybersecurity response capability [2][4] - Gower has extensive experience in cybersecurity, having held senior positions in the UK's National Crime Agency and advising government ministers on strategic responses to cybercrime [5][6] Strategic Focus - The establishment of the Cybersecurity practice in Spain is part of FTI Consulting's growth strategy, aiming to provide comprehensive cybersecurity solutions to organizations and government bodies [3][4][6] - Gower's role will involve advising on incident response, regulatory compliance, investigations, and operational resilience strategies [3][4]

WASHINGTON, Sept. 16, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the launch of a National Security offering to address growing threats to the private sector and increased demand for comprehensive solutions that protect clients, their supply chains and critical assets, and national interests in an increasingly globalized and digitized world. Domestic and international companies in all industries are facing threats from sophisticated, hostile foreign actors. They also need to be ...