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The Latest Breaking News from FTI Consulting

Two Australian fashion retailers go into administration

An Australian fashion company, which operates two women's fashion labels, has gone into voluntary administration after almost 60 years in business.

AAP

Harvey Nichols Saved by Sports Direct Owner Mike Ashley After Luxury Retailer Warned It Could Run Out of Cash

Frasers Group has acquired Harvey Nichols, saving over 1,000 jobs. The deal includes UK stores and international franchises, with plans for significant restructuring to revitalise the luxury retailer.

International Business Times UK

Alpha Buying: When Insiders Buy Big & Why It Works in Every Market

Every market cycle has its own cast of optimists and skeptics. But few voices carry as much weight as the executives who actually run the companies we own. When those leaders open their own checkbooks for seven figure insider purchases, they are not talking, they are betting real money that…

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Thames Water: advisers appointed to plan for company’s potential collapse

FTI Consulting seen as frontrunner to advise on placing the utility into a special administration regime

The Guardian - UK

UK government wants investigation after Lindsey oil refinery owner falls into administration

Concerns over conduct of bosses at Lincolnshire site, with ministers saying workers had been ‘badly let down’

The Guardian - UK

Zonal pricing could save Scottish glass sector £20 million, report says

SKY-high electricity prices could be cut dramatically for the Scottish glass manufacturing sector if zonal pricing is introduced, a fresh report has…

The National (Scotland)

Public affairs firms in Europe enable pollution by lobbying for big oil, says analysis

Exclusive: EU Transparency Register shows law firms also among lobbyists working for fossil fuel companies

The Guardian - UK

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TGI Fridays’ former CEO, who introduced sushi to a restaurant chain famous for potato skins and mozzarella sticks, will step up to oversee more than 400 locations post-bankruptcy

Ray Blanchette served as CEO from 2018 to 2023, a time when Fridays struggled during the pandemic.

Fortune

Science Applications Intl's Earnings Outlook

Science Applications Intl (NYSE:SAIC) is gearing up to announce its quarterly earnings on Thursday, 2024-12-05. Here's a quick overview of what investors should know before the release.

Benzinga

Tobacco isn’t a good investment – study shows a decline in stock prices since 2016

Environmental, social and governance investing, also known as impact or socially responsible investing, has become a popular concept. It’s based on awareness of the impact that firms have on the environment and on human wellbeing. Socially responsible investing recognises that these factors increasingly influence financial performance and thus investor returns.

The Conversation

Revealed: more than 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

Revealed: over 160 representatives with climate-denying track records got Cop28 access

UN organizers allow groups that have obstructed fossil fuel regulations and other climate action to attend, watchdog finds

The Guardian - US

How boards can make the most of stakeholder governance

Stakeholder governance, which considers everyone from employees to customers to the community, is in the spotlight.

Fortune

Jenny Craig’s online business sold to healthcare startup prescribing weight-loss drugs

Sale to tech firm Eucalyptus comes as Australia and New Zealand arm to cease trading and be placed into liquidation

The Guardian - AU

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The New Daily

Jenny Craig to cease trading, employees made redundant

Administrators have been unable to find a buyer for Jenny Craig's physical stores and employees of the Australian and New Zealand business.

Newcastle Herald

Weight loss giant Jenny Craig Australia goes into administration

The weight loss company, which has a centre in Kotara, will continue to trade as it explores restructure options

ABC News

Jenny Craig Australia and New Zealand enters voluntary administration after US business files for bankruptcy

Administrators are appointed to oversee operations for Jenny Craig Australia and New Zealand less than a week after the US company filed for bankruptcy.

AAP

'Strong interest' for Sun Cable mega-project

FTI Consulting says parties beyond Andrew Forrest and Mike Cannon-Brookes have expressed interest in buying the mammoth solar project known as Sun Cable.

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news in one place.

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The Guardian - UK

Mike Ashley’s Frasers in talks to buy Savile Row tailor Gieves & Hawkes

Suitmaker dating back to 18th century was put up for sale after collapse of Hong Kong-based owner

ABC News

Nearly 130 jobs lost as north Queensland's Thalanga mine goes into administration

Workers at the Thalanga mine have been left devastated and scrambling for work after the company went into administration, following an underground collapse earlier in the year.

ABC News

Forex Capital Trading liquidators hoping to claw back cash for investors from Gibraltar

The liquidators of ForexCT are trying to claw back cash from a parent company believed to be domiciled in the tax haven of Gibraltar.

Benzinga

FTI Consulting Earnings Perspective: Return On Invested Capital

According to Benzinga Pro, during Q1, FTI Consulting (NYSE:FCN) earned $59.32 million, a 55.26% increase from the preceding quarter. FTI Consulting also posted a total of $723.62 million in sales, a 7.01% increase since Q4.

Benzinga

FTI Consulting: Q1 Earnings Insights

FTI Consulting (NYSE:FCN) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:30 AM. Here's what investors need to know about the announcement.

Benzinga

Earnings Outlook For FTI Consulting

FTI Consulting (NYSE:FCN) is set to give its latest quarterly earnings report on Thursday, 2022-04-28. Here's what investors need to know before the announcement. Analysts estimate that FTI Consulting will report an earnings per share (EPS) of $1.33.

Benzinga

New Frontier Data Study Projects 71M Cannabis Consumers By 2030

New Frontier Data in partnership with FTI Consulting, released its annual market update, the 2022 U.S. Cannabis Report: Industry Projections & Trends.

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