Tag: FTI Consulting

  • Oversold Stocks: Blucora Inc. (NASDAQ:BCOR), Boardwalk Pipeline Partners, LP (NYSE:BWP), FTI Consulting, Inc. (NYSE:FCN), Actuate Corporation (NASDAQ:BIRT)

    Blucora Inc. (NASDAQ:BCOR) on Feb. 19 announced financial results for the fourth quarter and full year ended December 31, 2013. Blucora ended 2013 with cash, cash equivalents and short-term investments of $333.7 million and net cash of $11.1 million (excluding outstanding debt principal). Blucora Inc. (NASDAQ:BCOR) stock opened at $20.70 in last session, and closed at $19.80, while the day range of Blucora Inc. (NASDAQ:BCOR) stock is $19.10 – $21.57. The stock showed a positive weekly performance of -15.89%.

    On the 10th of February, Boardwalk Pipeline Partners, LP (NYSE:BWP) collapsed 42% after the partnership slashed its quarterly distribution from $0.53 to $0.10. For investors, this move came as a surprise and removed one of the main attractions of Boardwalk’s MLP structure; the previously promised 8.8% dividend yield. Boardwalk Pipeline Partners, LP (NYSE:BWP) stock opened at $13.00 in last session, and closed at $12.99 by losing -0.08%. The 52 week range of $12.76 – $33.00. Company’s market capitalization is $3.16B.

    Equities research analysts at Deutsche Bank cut their price objective on shares of FTI Consulting Inc. (NYSE:FCN) from $40.00 to $30.00 in a research note issued to investors on Friday, AR Network reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 1.28% from the company’s current price. FTI Consulting, Inc. (NYSE:FCN) stock increased 0.34% and finished the last session at $29.72. The EPS of the stock remained -2.28. Company’s market capitalization is $1.16B.

    Actuate Corporation (NASDAQ: BIRT), The BIRT Company™ and the leader in personalized analytics and insights, announced it will conduct one tutorial and two technical sessions on BIRT at EclipseCon, taking place in San Francisco on Monday, March 17 through Thursday, March 20. Actuate is a Gold Sponsor of EclipseCon 2014, the annual technical conference of the Eclipse Foundation. Actuate Corporation (NASDAQ:BIRT) stock opened the session at $5.78, and closed the session at $5.70. The 52 week range of the Actuate Corporation (NASDAQ:BIRT) stock remained $5.46 – $8.23 and the day range was $5.65 – $5.78.