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Professional Services Research and Consulting Services

  • WASHINGTON _ FTI Consulting Inc. on Thursday reported a second-quarter loss of $5.2 million, after reporting a profit in the same period a year earlier. FTI Consulting expects full-year earnings in the range of $1.90 to $2.20 per share, with revenue in the range of $1.78 billion to $1.88 billion. FTI Consulting shares have decreased 27 percent since the...

  • MOSCOW, July 19- A think tank that advises the Russian government on taxes and energy-related issues said on Wednesday it expects the country's oil exports to fall this year thanks to a global deal to cut output, contrasting with official forecasts for a rise. Vygon Consulting said in a presentation to reporters that oil exports this year are seen declining by...

  • Aite Group's: Analyst could face a wave of layoffs

    Spencer Mindlin, an analyst at the Aite Group, discusses how a new rule on market research could affect Wall Street.

  • July 11- Private equity firm EQT said on Tuesday it has agreed to acquire U.S. drug development consultancy Certara for $850 million, including debt, from Arsenal Capital Partners, another buyout firm. Last year, Stockholm, Sweden- based EQT made its first major U.S. healthcare investment, buying Press Ganey Holdings Inc, a provider of patient satisfaction surveys,...

  • Despite those measures, "most analysts agree that U.S. and multilateral sanctions have not prevented North Korea from advancing its fledgling nuclear weapons capability," said a report last year from the U.S. Congressional Research Service. Reuters has reported that Trump is focusing his North Korea strategy for now on tougher sanctions, possibly including...

  • Charlie Munger, Berkshire Hathaway

    Billionaire Charlie Munger told a small group of investors the strategy of buying only service company stocks made former vice president Al Gore very wealthy.

  • June 23- Consulting and outsourcing services provider Accenture Plc said on Friday it would transfer $1.6 billion in pension obligations to insurers American International Group Inc and MassMutual. The transfer includes about $600 million in lump-sum payments to about 7,000 current and former U.S. employees of Accenture and $1 billion in purchases of...

  • 2017@ NEW YORK, June 22- Investors pulled back from U.S.-based stock funds after pouring the most cash into those investments since February the previous week, Lipper data showed on Thursday. Withdrawals of $2.2 billion struck U.S.-based equity mutual funds and exchange-traded funds during the week ended June 21, the research service said, during a...

  • TORONTO, June 22- Sears Canada Inc said on Thursday it plans to cut jobs and close about a quarter of its stores as it restructures its operations after a steady decline in sales due to competition from big-box retailers and online merchants. "It's just been baby steps toward the ultimate end," said Sally Seston, managing director at Retail Category Consultants...

  • TORONTO, June 22- Sears Canada Inc said on Thursday it plans to cut jobs and close about a quarter of its stores as it restructures its operations after a steady decline in its sales due to competition from big-box retailers and online merchants. "It's just been baby steps toward the ultimate end," said Sally Seston, managing director at Retail Category Consultants...

  • June 22- Accenture Plc trimmed its annual revenue forecast on Thursday, triggering concerns that uncertainty around U.S. healthcare policy may be weighing on the company's flagship consulting business. Shares of the Dublin- domiciled company, which also provides outsourcing services, were down 4.7 percent at $121.17 in morning trading.

  • June 22- Consulting and outsourcing services provider Accenture Plc reported a 5.1 percent increase in quarterly net revenue on Thursday, as the company's investments to boost its digital and cloud service offerings pay off. Net revenue rose to $8.87 billion from $8.43 billion in the third quarter ended May 31. Net income attributable to Accenture fell to...

  • Cramer's game plan: This set of earnings reports could sway the market

    Jim Cramer looks ahead at next week's stocks and events, which he says could decide the direction of the market.

  • Traders work on the floor of the New York Stock Exchange.

    Jim Cramer looks ahead at next week's stocks and events, which he says could decide the direction of the market.

  • NEW YORK, June 16- U.S. technology company The Bitfury Group said on Friday it had formed a strategic partnership with advisory firm Risk Cooperative to use the blockchain digital ledger in the $60 billion insurance broking market. "Blockchain technology can bring transparency and security to the insurance industry, and can be a catalyst for new insurance...

  • NEW YORK, June 15- Investors raced into U.S.-based, stock exchange-traded funds this past week despite market jitters, delivering the most cash to those funds since late last year, Lipper data showed on Thursday. Stock ETFs listed in the United States attracted $17.7 billion during the week ended June 14, according to the research service, while their mutual fund...

  • June 15- Consulting firm Booz Allen Hamilton Holding Corp said on Thursday the U.S. Department of Justice was investigating some of its finances including. The Justice Department informed one of its units of the investigation earlier this month, the company said in a filing on Thursday. Public affairs representatives at the Justice Department did not respond...

  • June 15- Booz Allen Hamilton Holding Corp said the U.S. Department of Justice was investigating some of its cost accounting and indirect cost charging practices with the government, sending its shares down 12 percent after the bell. The Justice Department informed a unit of the consulting firm, Booz Allen Hamilton Inc, of the investigation earlier this month,...

  • Political consultant David Blaszczak, founder of Precipio Health Strategies; Christopher Worrall, most recently an employee of the U.S. Centers for Medicare and Medicaid Services; and Rob Olan and Ted Huber, most recently partners at healthcare hedge fund Deerfield Management entered their pleas before U.S. Olan and Huber are no longer listed on Deerfield's...

  • NEW YORK, May 24- Five men, including a Washington political consultant and a federal employee, were criminally charged on Wednesday with engaging in an insider trading scheme based on leaks from within a federal healthcare agency. Federal prosecutors in Manhattan announced the arrests of political consultant David Blaszczak, founder of Precipio Health...