Thursday's Winners & Losers: FTI Consulting - TheStreet

Thursday's Winners & Losers: FTI Consulting

Shares surge after the consulting firm posts higher-than-anticipated earnings.
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Shares of

FTI Consulting

(FCN) - Get Report

were among the

NYSE's

winners Thursday, soaring 14% after the consulting firm posted better-than-expected fourth-quarter results and forecast 2007 revenue above expectations.

The company's fourth-quarter profit totaled $17.4 million, or 42 cents a share, on revenue of $216.8 million. Analysts polled by Thomson First Call expected earnings of 37 cents a share and revenue of $194.4 million. During the year-earlier quarter, FTI earned $18.3 million, or 46 cents a share, on revenue of $165.8 million.

For 2007, FTI sees revenue of $904 million to $929 million. Analysts, on average, had forecast revenue of $887.1 million. Shares were trading up $4.01 to $33.02.

Shares of

Caterpillar

(CAT) - Get Report

rose 2% after the heavy equipment maker announced a $7.5 billion stock repurchase plan. The company plans to complete the buyback within the next five years. Meanwhile, Caterpillar expects to complete its current stock buyback, valued at $6.4 billion, during the next few months. Shares were trading up $1.35 to $67.51.

Guess?

(GES) - Get Report

surged 10% after the clothing seller posted strong fourth-quarter results, set a stock split and declared its first dividend. For the fourth quarter, the company earned $45.7 million, or 99 cents a share, on revenue of $346.4 million. Analysts expected earnings of 93 cents a share and revenue of $330.1 million. During the year-earlier period, the company earned $25.8 million, or 57 cents a share, on revenue of $276.6 million.

Guess? also announced a 2-for-1 stock split, which will be payable March 12 to shareholders of record on Feb. 26. Additionally, the company initiated a quarterly cash dividend of 12 cents a share, which will be payable on March 12 to shareholders of record on Feb. 26. Shares were trading up $7.33 to $81.91.

Shares of

Terex

(TEX) - Get Report

rose 7% after the heavy equipment maker beat Wall Street's earnings expectation. The company's fourth-quarter earnings jumped to $100.9 million, or 97 cents a share, from $34.8 million, or 34 cents a share, a year earlier. Revenue rose to $2.03 billion from $1.57 billion. Analysts anticipated earnings of 93 cents a share and revenue of $1.9 billion. Shares were trading up $4.64 to $65.44.

Baker Hughes

(BHI)

slid 9% after the oil services company's fourth-quarter results missed analysts' projections. The company earned $326.2 million, or $1.02 a share, on revenue of $2.45 billion. Analysts expected earnings of $1.19 a share on revenue of $2.46 billion. A year earlier, Baker Hughes earned $257.9 million, or 75 cents a share, on revenue of $1.99 billion. Shares were trading down $6.43 to $65.51.

Shares of

Equifax

(EFX) - Get Report

dropped 5% after the credit reporting company announced a deal to buy

Talx

(TALX)

for about $1.2 billion. The deal will consist of 75% Equifax stock and 25% cash, with Talx shareholders electing to receive either 0.861 Equifax shares or $35.50 in cash per share. As a whole, Equifax will issue about 22 million shares of stock and pay approximately $300 million in cash. The deal is expected to close late in the second quarter or early in the third. Shares of Equifax recently were down $1.98 to $39.93, while Talx shares were surging $2.94, or 9.2%, to $34.99.

NYSE volume leaders included

Motorola

(MOT)

, down 7 cents to $19.14;

General Electric

(GE) - Get Report

, down 33 cents to $36.14;

Pfizer

(PFE) - Get Report

, down 16 cents to $26.42;

Bank of America

(BAC) - Get Report

, up 1 cent to $54.06;

Ford

(F) - Get Report

, up 3 cents to $8.54;

Time Warner

(TWX)

, down 22 cents to $21.26; and

Halliburton

(HAL) - Get Report

, down 43 cents to $30.27.

Nasdaq

volume leaders included

Sun Microsystems

(SUNW) - Get Report

, down 5 cents to $6.35;

Qualcomm

(QCOM) - Get Report

, up $2.78 to $40.85;

Microsoft

(MSFT) - Get Report

, up 37 cents to $29.40;

Intel

(INTC) - Get Report

, up 30 cents to $21.20;

Cisco Systems

(CSCO) - Get Report

, up 37 cents to $27.56;

Sirius Satellite Radio

(SIRI) - Get Report

, up 3 cents to $3.60; and

Oracle

(ORCL) - Get Report

, up 11 cents to $16.72.