HURN

Huron Consulting Group Inc.

NASDAQ

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HURN

Huron Consulting Group Inc.

NASDAQ

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Monksdream PremiumMember

09/20/23 2:03 PM

Post #71

HURN new 52 week high

Gilda99

02/26/15 2:11 PM

Post #70

It's nice to see HURN bouncing back from yesterday's beating. This setback could be a nice opportunity to get aboard.

I like the Studer Group acquisition...

Gilda

Gilda99

02/26/15 1:52 PM

Post #69

HURN’s recently filed Form 10-K (Annual Report for 2014) recaps a pending legal proceeding where a former agent alleged damages of $50 million plus another $50 million for breach of contract. Defendant HURN believes that the remaining contested claims are without merit...

http://ih.advfn.com/p.php?pid=nmona&article=65613267 – See ITEM 3 LEGAL PROCEEDINGS (p.21)

The share price is recovering, but the light volume suggests a certain relative timidity with the sincerity of the recovery.

Gilda

Gilda99

02/26/15 1:46 PM

Post #68

Let’s speculate about HURN a bit while we wait to see what’s going to happen:

The Company’s acquisitions have created a bit of a dilemma with only modest net tangible assets of $8.8 million as of FYE 12/31/14. Let’s hope that HURN isn’t faced with any significant goodwill impairment issues going forward.

Insiders have been selling on balance through what appear to be modest planned sales.

HURN’s short interest is a reasonable 476,242 shares as of 2/13/15 with 22.9 million shares outstanding.

Gilda

Gilda99

02/26/15 1:46 PM

Post #67

What’s going on with HURN, why the huge earnings miss for this successful and sophisticated management consulting company and how will this sit with HURN’s institutional shareholders which own in excess of 90% of the outstanding shares?

HURN is a great company, but what happened yesterday to create the 12.9% collapse on heavy volume? HURN closed at $74.47 on 2/24/15, but dropped to close at $64.89 on 2/25/15 on trading volume of 1.658 million shares, the highest trading volume since 2009; let’s hope that it’s not another accounting scandal.

I was hoping that HURN would have clear sailing after their recent acquisition of The Studer Group, which has all the markings of a excellent acquisition since the two businesses offer perfect synergies allowing spectacular opportunities for future growth in the healthcare business.

Gilda

Penny Roger$ Free

04/25/12 6:35 AM

Post #66

Re: #65: @Penny Roger$ - ~ Wednesday! $HURN ~ Q1 Earnings posted, pending

Penny Roger$ Free

04/25/12 6:35 AM

Post #65

~ Wednesday! $HURN ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $HURN ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.

http://stockcharts.com/h-sc/ui?s=HURN&p=D&b=3&g=0&id=p88783918276&a=237480049

http://stockcharts.com/h-sc/ui?s=HURN&p=W&b=3&g=0&id=p54550695994

~ Google Finance: http://www.google.com/finance?q=HURN
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=HURN#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=HURN+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=HURN
Finviz: http://finviz.com/quote.ashx?t=HURN
~ BusyStock: http://busystock.com/i.php?s=HURN&v=2

<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=HURN >>>>>>

http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

Penny Roger$ Free

02/19/12 3:08 AM

Post #64

~ Monday! $HURN ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $HURN ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.

http://stockcharts.com/h-sc/ui?s=HURN&p=D&b=3&g=0&id=p88783918276&a=237480049

http://stockcharts.com/h-sc/ui?s=HURN&p=W&b=3&g=0&id=p54550695994

~ Google Finance: http://www.google.com/finance?q=HURN
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=HURN#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=HURN+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=HURN
Finviz: http://finviz.com/quote.ashx?t=HURN
~ BusyStock: http://busystock.com/i.php?s=HURN&v=2

<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=HURN >>>>>>

http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

10nisman

12/06/10 6:39 PM

Post #63

Re: #62: @10nisman - HURN is up 6% today for some reason...

Reason for 7% rise... Proposed settlement of Securities Litigation.

Huron Consulting Group Announces Proposed Settlement of Securities Suit
Press Release Source: Huron Consulting Group Inc. On Monday December 6, 2010, 4:45 pm EST
http://finance.yahoo.com/news/Huron-Consulting-Group-bw-1439695300.html?x=0&.v=1

CHICAGO--(BUSINESS WIRE)-- Huron Consulting Group Inc. (NASDAQ:HURN - News), a leading provider of business consulting services, today announced that it has entered into an agreement in principle with the lead plaintiffs in the pending securities class action lawsuit related to the restatement of its financial statements in 2009.

The agreement in principle provides that the settlement class will receive total consideration of approximately $38 million, consisting of $27 million in cash, which will be funded by the Company’s insurance carriers, and the issuance by the Company of 474,547 shares of common stock which has an aggregate value of approximately $11 million, based on the closing market price on November 24, 2010. The Company expects to record a non-cash charge to earnings in the fourth quarter of 2010 in the amount of approximately $11 million, representing the fair value of the shares. The Company will adjust the amount of the non-cash charge to reflect changes in the fair value of the shares until and including the date of issuance. The Company will issue the shares following final court approval of the proposed settlement, which the Company expects will occur in the first half of 2011.

As discussed above, the Company’s insurance carriers will fund the cash portion of the settlement. Following such payment, the Company will not receive any further contributions from its insurance carriers for the reimbursement of legal fees expended on the finalization of the class action settlement or any amounts related to the derivative suits and SEC investigation described in the Company’s Quarterly Report on Form 10-Q for the period ending September 30, 2010.

The proposed settlement contains no admission of wrongdoing. The Company has always maintained and continues to believe that it did not engage in any wrongdoing or otherwise commit any violation of federal or state securities laws or other laws. However, given the potential cost and burden of continued litigation, the Company believes that the proposed settlement is in its best interest and in the best interest of its stakeholders.

The proposed settlement is subject to the completion of final documentation, preliminary and final court approval, funding of the $27 million in cash by the Company’s insurance carriers, and issuance of the settlement shares.

John McCartney, non-executive chairman of the Huron board, said, “We are pleased to have reached an agreement to settle this matter, which is in the best interest of the Company and its stakeholders. The resolution of this matter will allow our current management team to continue its focus on serving clients and the future growth of the Company.”

See the Company’s Form 8-K filed today for additional information related to the settlement.

10nisman

12/06/10 1:35 PM

Post #62

HURN is up 6% today for some reason... Anybody have any news why?

TIA,
10nis

ScovilleUnits Free

04/06/10 11:28 AM

Post #61

Baird Ups...Outperform from Neutral; Ups Tgt to $30 vs $27; Analyst Notes

Tuesday , April 06, 2010 06:32ET

Issuer: Huron Consulting Group Inc. (NasdaqNM: HURN)

Analyst Firm: Baird

Ratings Action: UPGRADE

Current Rating: Outperform (from Neutral)

Target Price Action: INCREASE
Target Price: $30.00 (+11.11% from $27.00)

Analyst Comments: Baird upgraded Huron citing the company's better than expected retention efforts of MDs in core segments and continued stabilization in its more cyclical segments.

This rating information was reported by TheFlyOnTheWall.

10nisman

02/13/10 1:39 PM

Post #60

Re: #58: @10nisman - Q3 Earnings just released....

Earnings release Tuesday, February 23rd before market open. Conference Call at 9am EST.

http://finance.yahoo.com/news/Huron-Consulting-Group-bw-1500648338.html?x=0

Huron Consulting Group Announces Fourth Quarter and Full Year 2009 Earnings Release and Webcast

Press Release Source: Huron Consulting Group On Tuesday February 9, 2010, 7:55 am EST

CHICAGO--(BUSINESS WIRE)--Huron Consulting Group Inc. (NASDAQ: HURN - News), a leading provider of business consulting services, will announce its financial results for the fourth quarter and full year ended December 31, 2009 before the market opens on Tuesday, February 23, 2010.

Following the release, James H. Roth, chief executive officer, and James K. Rojas, chief financial officer, will host a conference call to discuss the Company’s financial results at 9:00 a.m. Eastern Time (8:00 a.m. Central Time).

The conference call is being webcast by Thomson Reuters and can be accessed at Huron Consulting Group’s website at http://ir.huronconsultinggroup.com. A replay will be available approximately two hours after the conclusion of the webcast and for 90 days thereafter.

In addition, the webcast is also accessible through Thomson’s investor portals.

Individual investors can listen to the call at http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.earnings.com&esheet=6171571&lan=en_US&anchor=www.earnings.com&index=2&md5=6a8ad28a20c83323ce687d16eb8df116,

Thomson’s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.streetevents.com&esheet=6171571&lan=en_US&anchor=www.streetevents.com&index=3&md5=796ad31a91cf4489e9f6113632d0f080).

MWM

11/05/09 8:11 AM

Post #59

Re: #58: @10nisman - Q3 Earnings just released....

Not Bad...

10nisman

11/05/09 7:43 AM

Post #58

Re: #23: @MWM - Huron Consulting Q2 profit rises; may breach covenants

Q3 Earnings just released....

*DJ Huron Consulting Group 3Q Non-GAAP EPS 59c >HURN

*DJ Huron Consulting Group Sees 2009 Rev $650M-$665M >HURN

*DJ Huron Consulting Group Sees 2009 Non-GAAP EPS $2.85-Non-GAAP EPS $3.05 >HURN

Conference call is at 9am EST...

Huron Consulting Group Announces Third Quarter 2009 Financial Results
http://finance.yahoo.com/news/Huron-Consulting-Group-bw-3674632031.html?x=0&.v=1
Press Release
Source: Huron Consulting Group Inc.
On 7:00 am EST, Thursday November 5, 2009

CHICAGO--(BUSINESS WIRE)--Huron Consulting Group Inc. (NASDAQ: HURN - News):

Revenues of $172.2 million for Q3 2009 increased 2.1% from $168.7 million in Q3 2008 and grew sequentially from $165.8 million in Q2 2009.
The Company’s previously announced goodwill impairment analysis resulted in a $106.0 million non-cash pretax goodwill impairment charge taken in Q3 2009, which is approximately 20% of the Company’s total goodwill balance of $506.5 million as of June 30, 2009.
Results for Q3 2009 also included restructuring and restatement charges totaling $15.1 million.
GAAP loss per share including the aforementioned charges was $(3.16) in Q3 2009 compared to diluted earnings per share of $0.12 in Q3 2008.
Non-GAAP adjusted diluted earnings per share was $0.59 in Q3 2009 compared to $0.86 for Q3 2008(7). This change is almost entirely due to the increase in the effective tax rate.
Average number of full-time billable consultants(2) totaled 1,430 for Q3 2009 compared to 1,488 for Q3 2008. Average number of full-time equivalent professionals(5) totaled 861 for Q3 2009 compared to 947 in the same period last year.
Company provides updated full year 2009 revenue guidance of $650 million to $665 million.

Huron Consulting Group Inc. (NASDAQ: HURN - News), a leading provider of business consulting services, today announced its financial results for the third quarter ended September 30, 2009.

“Huron’s third quarter results demonstrate the strength of our client relationships, the quality and dedication of our people, and our ability to work as a team through a challenging economic and business environment,” said James H. Roth, chief executive officer, Huron Consulting Group. “Despite some of the significant challenges following the announcement of our financial restatement, the Huron team has stayed focused on the business of serving our clients and generating new client engagements. We will remain focused on the execution of our business plan for the fourth quarter of 2009 and throughout 2010.”

In evaluating the Company’s financial performance and consistent with previous periods, the Company has adopted the use of certain non-GAAP measures for a comparison to prior periods and for guidance as described below under “Use of Non-GAAP Financial Measures.”

Third Quarter 2009 Results

Revenues of $172.2 million for the third quarter of 2009 increased 2.1% from $168.7 million for the third quarter of 2008 and grew sequentially from $165.8 million in the second quarter of 2009. The Company recorded a $106 million non-cash pretax charge for the impairment of goodwill in the third quarter of 2009, which is approximately 20% of the Company’s total goodwill balance of $506.5 million as of June 30, 2009. The impairment charge is non-cash in nature and does not affect the Company’s liquidity. Results for the third quarter 2009 also included approximately $15.1 million in restructuring and restatement related charges. GAAP net loss was $64.0 million, or a loss of $(3.16) per share, for the third quarter of 2009 compared to GAAP net income of $2.4 million, or $0.12 per diluted share, for the same period last year. Non-GAAP adjusted net income(7) was $11.9 million, or $0.59 per diluted share, for the third quarter of 2009 compared to $17.0 million, or $0.86 per diluted share, for the comparable quarter in 2008. This change is almost entirely due to an increase in the effective tax rate reflecting losses that cannot be tax benefited and an increase in the state tax liability. Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”) (7), which excludes share-based compensation expense, non-cash compensation expense, restructuring charges, non-recurring expenses related to the restatement, goodwill impairment charge, and an other gain, was $38.1 million, or 22.1% of revenues for the third quarter, compared to $40.8 million, or 24.2% of revenues, in the comparable quarter last year.

“We are pleased with our revenues for the third quarter and the contributions from all of our business units during these uncertain times,” said Roth. “The quarterly results were positively influenced by better than forecasted levels of contingent fees and continued strong demand in the Health and Education Consulting segment, reflecting our deep industry skills to assist hospitals, healthcare organizations and universities with their complex challenges.”

The average number of full-time billable consultants(2) was 1,430 in the third quarter of 2009 compared to 1,488 in the same quarter last year. Full-time billable consultant utilization rate was 69.8% during the third quarter of 2009 compared with 71.3% during the same period last year. The average number of full-time equivalent professionals(5) totaled 861 in the third quarter of 2009 compared to 947 for the comparable period in 2008. Average billing rate per hour for full-time billable consultants was $284 for the third quarter of 2009 compared to $250 for the third quarter of 2008.

Year-to-Date Results

Revenues of $501.1 million for the first nine months of 2009 increased 11.0% from $451.5 million for the same period last year. The GAAP net loss, which includes restructuring, restatement and goodwill impairment charges as discussed above, was $47.3 million, or a loss of $(2.36) per share, for the first nine months of 2009 compared to GAAP net income of $6.6 million, or $0.35 per diluted share, for the same period last year. Non-GAAP adjusted net income(7) was $45.6 million, or $2.22 per diluted share, for the first nine months of 2009 compared to $49.1 million, or $2.62 per diluted share, for the comparable period in 2008. Adjusted EBITDA(7), which excludes share-based compensation expense, non-cash compensation expense, restructuring charges, non-recurring expenses related to the restatement, goodwill impairment charge, and an other gain, rose 4.5% to $110.5 million, or 22.0% of revenues, compared to $105.8 million, or 23.4% of revenues, in the comparable period last year.

The average number of full-time billable consultants(2) increased 14.1% to 1,493 in the first nine months of 2009 compared to 1,308 in the same period last year. The average number of full-time equivalent professionals(5) decreased slightly to 811 in the first nine months of 2009 compared to 851 for the comparable period in 2008. Full-time billable consultant utilization rate was 69.7% during the first nine months of 2009 compared with 67.9% during the same period last year. Average billing rate per hour for full-time billable consultants was $269 for the first nine months of 2009 compared to $265 for the same period last year.

Operating Segments

Huron’s results reflect a broad portfolio of service offerings that help clients address complex business challenges. The Company’s operating segments are as follows:

Health and Education Consulting – Representing 57% of Huron’s total third quarter 2009 revenues, this segment was positively influenced by better than forecasted levels of contingent fees and continues to show solid growth as it assists healthcare organizations and universities respond to increased funding constraints and regulatory challenges. Huron’s services help the institutions it serves improve their financial and operational performance.
Legal Consulting – Representing 17% of Huron’s total third quarter 2009 revenues, this segment continues to see steady demand for document review and discovery services, and mixed demand for other consulting services. This segment continues to assist Fortune 500 general counsels manage spiraling costs in what are challenging times for the legal industry.
Accounting & Financial Consulting – Representing 16% of Huron’s total third quarter 2009 revenues, this event-driven segment continues to operate in a sluggish market and performed consistent with the slower litigation and regulatory environment. However, despite the sluggish environment, this segment delivered sequential quarterly growth for the first time in eight quarters. This segment continues to pursue opportunities in the financial services industry, provide advisory services to government entities, and implement International Financial Reporting Standards (IFRS) at large U.S.-based multinationals.
Corporate Consulting – Representing 10% of Huron’s total third quarter 2009 revenues, this segment is benefiting from solid demand for its Restructuring and Turnaround business while services being delivered in its Strategy, Utilities and Japan markets experienced soft demand.

Segment financial results are included in the attached schedules and discussed in greater detail in Huron's Form 10-Q for the quarter ended September 30, 2009.

Financial Restatement

The Company announced on July 31, 2009 that it would restate its financial statements for the fiscal years 2006, 2007 and 2008 and the first quarter of 2009. On August 17, 2009, Huron completed the restatement. The restatement pertained to the accounting for certain acquisition-related payments received by selling shareholders of four acquired businesses that were subsequently redistributed by such selling shareholders among themselves and to other select client-serving and administrative Company employees based, in part, on continuing employment with the Company or the achievement of personal performance measures.

The selling shareholders were not prohibited from redistributing such acquisition-related payments under the terms of the purchase agreements with the Company for the acquisitions of the acquired businesses. However, under GAAP, such payments were imputed to the Company, and the portion of such payments redistributed based on performance or employment was required to be reflected as non-cash compensation expense of the Company, even though the amounts received by the selling shareholders did not differ significantly from the amounts they would have received if such portion had been distributed solely in accordance with their ownership interests. The restatement was necessary because the Company did not record such portions of the acquisition-related payments as a separate non-cash compensation expense with a corresponding increase in paid-in capital.

Based on the results of the Company’s inquiry into the acquisition-related payments to date and the previously disclosed agreement amendments with the selling shareholders, earn-out payments for periods after August 1, 2009 are accounted for as additional purchase consideration and not also as non-cash compensation expense. The Company recognized $1.2 million of additional non-cash compensation expense during the third quarter of 2009 related to the redistributed acquisition-related payments for the period from July 1 to July 31, 2009.

The restatement resulted in a reduction of approximately $56 million in net income and earnings before interest, taxes, depreciation and amortization (“EBITDA”) for all restated periods. However, the restatement had no effect on Huron’s total assets, total liabilities or total stockholders’ equity on an annual basis. Further, the Company did not expend additional cash with respect to the compensation charge, and the restatement had no effect on Huron’s cash or net cash flows from operations.

See the Company’s Form 10-Q for the quarter ended June 30, 2009, Form 10K/A filed on August 17, 2009, and Form 10Q/A filed on August 17, 2009 for additional information related to the financial restatement.

Goodwill Impairment

As a result of the significant decline in the price of the Company’s common stock following the Company’s July 31, 2009 announcement of its intention to restate its financial statements, the Company engaged in the previously announced impairment analysis with respect to the carrying value of its goodwill in connection with the preparation of the financial statements for the quarter ended September 30, 2009, and recorded a $106.0 million non-cash pretax charge for the impairment of goodwill, which was approximately 20% of the Company’s total goodwill balance of $506.5 million as of June 30, 2009. The impairment charge was recognized to reduce the carrying value of goodwill associated with the Company’s Accounting & Financial Consulting and Corporate Consulting segments. The impairment charge is non-cash in nature and does not affect the Company’s liquidity.

New Management Roles

On November 3, 2009, James H. Roth, chief executive officer, was appointed to the Company’s Board of Directors and James K. Rojas, chief financial officer, assumed the additional role of treasurer, succeeding Gary L. Burge who resigned from the position on that date.

Outlook for 2009

The Company provided guidance for full year 2009 revenues before reimbursable expenses in an updated range of $650 million to $665 million. The Company also anticipates GAAP loss per share in a range of $(2.01) to $(1.80), non-GAAP adjusted diluted earnings per share(9,11) in a range of $2.85 to $3.05, loss before interest, taxes, depreciation and amortization(9,11) in a range of $(13) million to $(8) million, and Adjusted EBITDA(9,11) in a range of $139 million to $144 million. Management will provide a more detailed discussion of its outlook during the Company’s earnings conference call webcast.

Third Quarter 2009 Webcast

The Company will host a webcast to discuss its financial results today at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). The conference call is being webcast by Thomson and can be accessed at Huron Consulting Group’s website at http://ir.huronconsultinggroup.com. A replay will be available approximately two hours after the conclusion of the webcast and for 90 days thereafter.

ScovilleUnits Free

10/20/09 10:46 AM

Post #57

HURN To Open New Document Review Centers

Tuesday , October 20, 2009 07:55ET

Huron Consulting Group (NASDAQ: HURN), a leading provider of business consulting services, today announced the opening of a new document review center in Washington, D.C., and a relocated and expanded facility in Charlotte, N.C.

“The addition of the D.C. and Charlotte document review centers allows us to better serve our clients and meet increased demand from strategic locations through this enhanced infrastructure,” said James H. Roth, chief executive officer, Huron Consulting Group. “Similar to our existing document review centers, these two new centers have comprehensive security, personnel and management to support complex national and international projects, helping our clients control costs and reduce risks throughout the discovery process.”

The Company opened its newest document review center in Washington, D.C. in response to law firm and corporate demand in the region. The Charlotte location will replace a facility located in Rock Hill, S.C., and adds review workstation capacity to better support key financial and banking clients in the area.

“Huron's V3locity solution, combined with our review service and process, helps clients address ballooning legal and discovery costs. At the same time, our services help mitigate risks associated with the discovery process from preservation through review and production,” said Shahzad Bashir, vice president, Huron Consulting Group’s Legal Consulting segment.

About Huron’s Document Review Centers

The Company’s document review centers provide comprehensive attorney review and document management solutions for legal matters to both corporate clients and law firms across a diverse group of industries. Huron currently has multiple document review centers throughout the country providing a rapidly scalable review solution to meet the most demanding deadlines. The Washington and Charlotte locations bring Huron’s review workstation capacity to nearly 1,000 seats with an additional 1,000-plus overflow seating capacity available as needed. Huron’s document review centers combine technology with efficient processes all in a secure environment. This, in turn, delivers accurate analyses on a cost-effective basis. The result is an integrated review process that is substantially faster, more accurate and less expensive than more traditional review services.

About Huron’s V3locity® Solution

Huron has long been a leader in the e-discovery marketplace. Huron’s V3locity® (pronounced “velocity”) is a fixed price per gigabyte reviewed e-discovery solution, which can result in up to 60 percent reduction in costs to clients compared to industry standard pricing. Electronic document discovery has become one of the single largest components of litigation, with the review portion accounting for up to 80 percent of the $3 billion a year e-discovery marketplace. Huron’s V3locity solution combines cost savings, high speed, new technology and expert review centers across the country and in India to deliver total litigation support for corporate legal departments, law firms and government agencies. For more information, visit www.huronconsultinggroup.com/V3locity.

About Huron Consulting Group

Huron Consulting Group helps clients in diverse industries improve performance, comply with complex regulations, resolve disputes, recover from distress, leverage technology, and stimulate growth. The Company teams with its clients to deliver sustainable and measurable results. Huron provides services to a wide variety of both financially sound and distressed organizations, including leading academic institutions, healthcare organizations, Fortune 500 companies, medium-sized businesses, and the law firms that represent these various organizations. Learn more at www.huronconsultinggroup.com.

Contact Info:

Huron Consulting Group
Jennifer Frost Hennagir
312-880-3260
jfrost-hennagir@huronconsultinggroup.com

ScovilleUnits Free

09/18/09 12:03 PM

Post #56

Re: #55: @MWM - What is the point in an upgrade, low

Oppenheimer covering their “A$$”?

Recent upward activity left Oppenheimer with mud on their...well, faces? They had to finally admit HURN is not the bad investment that they previously had designated?

Does removal of Oppenheimer negativity help open the way for others rating institutions to break through ratings resistance with higher ratings of their own?

MWM

09/18/09 11:44 AM

Post #55

Re: #54: @ScovilleUnits - FlyOnTheWall suggests Oppenheimer saying low $20 range?

What is the point in an upgrade, low $20's boo!

ScovilleUnits Free

09/18/09 11:43 AM

Post #54

Re: #53: @MWM - I wish there was a price target...

FlyOnTheWall suggests Oppenheimer saying low $20 range?

When exactly does a mid $20 range kick in… at $23.51? :o)

http://www.theflyonthewall.com/permalinks/entry.php/HURNid1136436

MWM

09/18/09 8:54 AM

Post #53

Re: #52: @10nisman - DJ: Huron Consulting Raised To Perform From Underperform

I wish there was a price target...

10nisman

09/18/09 8:29 AM

Post #52

Re: #45: @MWM - Avondale raised HURN to Market Outperform (from Market Perform).

DJ: Huron Consulting Raised To Perform From Underperform By Oppenheimer

fAtnhapy

09/15/09 2:46 PM

Post #51

Re: #50: @MWM - September 15 Huron Consulting Group Inc. (Services/Management_Services) -

That's actually not much of a premium. I suppose that deep in the money that would be normal but as an indicator you'd like to see it more juiced?
fAt

MWM

09/15/09 2:08 PM

Post #50

September 15 Huron Consulting Group Inc. (Services/Management_Services) - HURN Quote - OI/Vol. - Sector Details

High call volume - December expiration

9,500 Dec 17.50 calls traded at $6.80 (bid:6.50 ask:7.10) and 9,500 Dec 22 calls traded at $3.90 (bid:3.50 ask:3.90). Total of 25359 calls (11.05x avg volume) and 944 puts traded.
HURN (HURON CONSULTING GROUP INC) is at 22.66 +0.94

Calls: Bid Ask Volume Open Interest
09 Dec 17.50 6.30 6.60 10015 10670
09 Dec 22.50 3.30 3.70 10535 2757

MWM

09/15/09 10:41 AM

Post #49

Loaded HURN October calls yesterday and today!

Sitting on a bunch of Oct $30's now, sold my $25's this morning and bought the $30's here...

ScovilleUnits Free

09/03/09 8:32 PM

Post #48

Shareholder Class Action Filed Against Huron Consulting Group, Inc. by the Law Firm of Barroway Topaz Kessler Meltzer & Check, LLP

Thursday , September 03, 2009 18:00ET

RADNOR, Pa., Sept. 3 /PRNewswire/ -- The following statement was issued today by the law firm of Barroway Topaz Kessler Meltzer & Check, LLP:

Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Northern District of Illinois on behalf of purchasers of securities of Huron Consulting Group, Inc. (Nasdaq: HURN) ("Huron" or the "Company") between April 27, 2006 and July 31, 2009 inclusive (the "Class Period").

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Barroway Topaz Kessler Meltzer & Check, LLP (Darren J. Check, Esq. or David M. Promisloff, Esq.) toll free at 1-888-299-7706 or 1-610-667-7706, or via e-mail at info@btkmc.com.

The Complaint charges Huron and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Huron is a consulting company formed by former partners of Arthur Andersen, LLP which claims to help clients comply with complex regulations, resolve disputes, recover from distress, leverage technology, and stimulate growth. More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following material adverse facts which were known to defendants or recklessly disregarded by them: (1) that since 2006, the Company had improperly accounted for earn-out payments made in connection with four acquisitions; (2) that as a result, the Company had overstated its net income and earnings per share for the affected periods, and had understated its non-cash compensation expenses; (3) that the Company's financial statements were not prepared in accordance with Generally Accepted Accounting Principles; (4) that the Company lacked adequate internal and financial controls; and (5) that, as a result of the foregoing, the Company's financial statements were false and misleading at all relevant times.

On July 31, 2009, the Company shocked investors when it announced that it would restate its financial results for fiscal years 2006 through 2008 and the first three months of 2009 due to the Company's failure to properly account for certain payments made in connection with four acquisitions. These payments were received by the sellers in connection with the sale of certain acquired businesses that were subsequently redistributed among themselves and to other select Huron employees. Under the accounting rules, these payments should have been classified as non-cash compensation expenses.

Upon the release of this news, the Company's shares declined $30.66 per share, or 69.13 percent, to close on August 3, 2009 (the next trading day) at $13.69 per share, on unusually heavy trading volume.

Plaintiff seeks to recover damages on behalf of class members and is represented by the law firm of Barroway Topaz Kessler Meltzer & Check which prosecutes class actions in both state and federal courts throughout the country. Barroway Topaz Kessler Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.

For more information about Barroway Topaz Kessler Meltzer & Check, or for additional information about participating in this action, please visit www.btkmc.com.

If you are a member of the class described above, you may, not later than October 5, 2009, move the Court to serve as lead plaintiff of the class, if you so choose. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Any member of the purported class may move the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

CONTACT: Barroway Topaz Kessler Meltzer & Check, LLP
Darren J. Check, Esq.
David M. Promisloff, Esq.
280 King of Prussia Road
Radnor, PA 19087
1-888-299-7706 (toll free) or 1-610-667-7706
Or by e-mail at info@btkmc.com

SOURCE Barroway Topaz Kessler Meltzer & Check, LLP

MWM

08/24/09 10:49 PM

Post #47

Re: #46: @ScovilleUnits - Tip of the Hat to MWM, the new Mod.

Tanks!

ScovilleUnits Free

08/24/09 5:43 PM

Post #46

Re: #45: @MWM - Avondale raised HURN to Market Outperform (from Market Perform).

Tip of the Hat to MWM, the new Mod.

MWM

08/24/09 1:48 PM

Post #45

Avondale raised HURN to Market Outperform (from Market Perform).

MWM

08/20/09 9:18 AM

Post #44

Re: #43: @ffco4sa - Looks like it wants to get there ($21)

Yep I think we can see $25 pretty easily heading into the SEC's ruling...

ffco4sa

08/20/09 9:16 AM

Post #43

Re: #42: @MWM - Aug 20 (Reuters) - Huron Consulting Group Inc:

Looks like it wants to get there ($21) bright and early this morning.

MWM

08/20/09 7:50 AM

Post #42

Aug 20 (Reuters) - Huron Consulting Group Inc: * Baird raises Huron to neutral from underperform * Baird raises Huron price target to $21 from $15

MWM

08/19/09 12:59 PM

Post #41

Well that should be the last of the sub $20's!

MWM

08/19/09 12:46 PM

Post #40

Re: #39: @ffco4sa - Missed the conference call, I take it, it

HURN Huron Consulting on Conference Call (19.60 +0.81) -Update-

Notes revenues did not meet internal forecasts due to the accounting issues; says if you exclude that impact, organic growth was 'slightly positive in Q2'... continue to experience momentum seen in Q1; very pleased with Health & Education segment... says it is seeing some delay in certain assignments; says July did not end strong for them; says in the guidance discussed today it is taking a cautious view, particularly with accounting issues... legal consulting revs will be flat to modest growth; continued softness in accounting consulting make it difficult to predict if market will improve, low end of range assumes no growth in revenues from 1H... examining costs in all practices; says cost reductions will allow them to maintain operating margins; will allow them to compensate key personal...Have had open dialogue with banks; in full compliance with covenants; cautiously optimistic that it will have a resolution if there is a goodwill impairment charge... says only aware of one project that has been canceled due to controversy; several clients have requested further info, but in each instance work continued without interruption... co indicates on conf call that it has seen minimal fallout from customers as a result of accounting controversy & that no employees (including managing directors) have left co due to this issue...

Co says that it has not had one single employee leave the co due to the accounting issues... says have received support from clients... says have no issues any options since the date the accounting issues came public... says at a 3% rate for outstanding balances ($295 mln); have not gone back to the market in recent months... have not seen an appreciable difference in turnover rates... says have some idea of what legal fee it will incur but it is not perfect so not prepared to provide an exact number but it is incorporated into guidance... says significant amount of focus in terms of bonus accrual... not prepared to provide 2010 guidance yet... call has ended.

ffco4sa

08/19/09 12:26 PM

Post #39

Re: #38: @MWM - HURN going to take off here, CC should

Missed the conference call, I take it, it was a good one. Good. I'll have to sell my Aug Calls today and think of getting some future ones. My plan a few weeks ago was to only catch a little bounce off that drop from $44 to $14. I might have to keep this one in play a bit longer.

MWM

08/19/09 11:27 AM

Post #38

HURN going to take off here, CC should ease everyones concerns...

MWM

08/19/09 10:23 AM

Post #37

Listening to the CC, I think this might be a screaming buy here under $20...

ScovilleUnits Free

08/18/09 9:54 PM

Post #36

I’m Puzzled & Dizzy & in Need of a Compassionate....
Reply

ScovilleUnits Free

08/18/09 9:38 PM

Post #35

Re: #19: @10nisman - Huron Consulting Group Announces Second Quarter 2009 Financial

Thanks! Restatements of 06,07,08,Q1-09 8-K'd this morning as well.

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6476432

Masterofalltrades Free

08/18/09 9:46 AM

Post #34

Re: #33: @nicehit - master, you get one of these "sometimes"... great

agree took a lot off the table at 18.22 so no matter what I will be in great shape congrats to all the longs!

nicehit

08/18/09 9:44 AM

Post #33

Re: #30: @Masterofalltrades - 18.40 now usually I am trader and do

master, you get one of these "sometimes"... great pick up... hard to pull the trigger as it looks like it wants to run a bit more.... but a profit is a profit from here.

Good Luck.

Masterofalltrades Free

08/18/09 9:24 AM

Post #32

Re: #31: @MWM - You might just get yourself a double soon...

awesome hope you get it!

MWM

08/18/09 9:23 AM

Post #31

Re: #30: @Masterofalltrades - 18.40 now usually I am trader and do

You might just get yourself a double soon...

My options I'm hoping for a triple at the open...

Masterofalltrades Free

08/18/09 9:15 AM

Post #30

Re: #26: @nicehit - Wow... got in at the right time. Purchased

18.40 now usually I am trader and do not hold a lot over night but picked this one up at $12 a share crazy to see it move all in one day!

MWM

08/18/09 9:09 AM

Post #29

Re: #28: @nicehit - MWN, looking for this to trade in the

I agree, she could break $20 today pretty easily imo... I bet we see a strong close!

nicehit

08/18/09 9:06 AM

Post #28

Re: #27: @MWM - Sure is a lot of room to run

MWN, looking for this to trade in the 24-28 range in the near future and then choppy until we get clear guidance on the SEC investigation. Any positive news on the outcome, back up to the 30S

MWM

08/18/09 8:57 AM

Post #27

Re: #13: @MWM - HURN never broke down, I've changed my tune

Sure is a lot of room to run between the teens and $40...

nicehit

08/18/09 8:37 AM

Post #26

Re: #25: @Masterofalltrades - Time to wake up and be happy at

Wow... got in at the right time. Purchased calls yesturday.

Let it rock.

Masterofalltrades Free

08/18/09 8:11 AM

Post #25

Time to wake up and be happy at $18 in premarket this is going to be one of my best trades this year so far nice to have one really go my way!

ffco4sa

08/17/09 11:17 PM

Post #24

Re: #22: @MWM - Oh Chit! just got home whatta Gapper my

Oh yea. Just when I thought my Aug calls were worthless in 4 days, they just might be saved. I'll be looking for Sept Calls tomorrow. Would love to see a crazy bounce back to $44. But I'm guessing mid $20s. Low $30s maybe. ER was good but all this other stuff going on. Ahhh, who knows, it shall be interesting to say the least.

MWM

08/17/09 11:15 PM

Post #23

Huron Consulting Q2 profit rises; may breach covenants
Mon Aug 17, 2009 6:06pm EDT

* Q2 profit beats estimates

* Says may record non-cash goodwill impairment charge

* Says charge may force non-compliance with covenants

Aug 17 (Reuters) - Huron Consulting Group Inc (HURN.O), whose shares plunged in the wake of an accounting scandal, posted a second-quarter profit above analysts' expectations, helped by higher revenue from its health and education consulting segment.

The company said in a regulatory filing that due to significant decline in its stock price, it may record a non-cash goodwill impairment charge for the quarter ending Sept 30, leading to non-compliance with the financial covenants in its credit agreement.

Huron said its debt under the credit agreement totaled $295 million as of June 30 and goodwill balance stood at $506.5 million.

Earlier this month, the company's entire top management quit as it said it would restate more than three years of results, slashing its profits by almost half because it misreported costs related to acquisitions.

For the second quarter, Huron earned $9.6 million, or 47 cents a share, compared with restated earnings of $1.1 million, or 6 cents a share, a year ago.

Revenue rose 16 percent to $165.8 million.

Analysts on average had expected earnings of 45 cents, excluding items, on revenue of $166.4 million, according to Reuters Estimates.

Shares of the company rose 66 cents at $14.35 in trading after the bell. The stock closed at $13.69 Monday on Nasdaq. (Reporting by Supantha Mukherjee in Bangalore; Editing by Maju Samuel)

MWM

08/17/09 11:04 PM

Post #22

Re: #20: @ffco4sa - Night have us a nice little(BIGGGGGG) gapper in

Oh Chit! just got home whatta Gapper my calls are going to be rocking!

Older

Huron Consulting Group Inc. (HURN)

Followers	4	Posters	14
Posts (Today)	0	Posts (Total)	71
Created	08/03/09	Type	Free
Moderators

http://www.huronconsultinggroup.com/

http://finance.yahoo.com/q/ks?s=HURN

Huron Consulting Group Inc. provides consulting services in the United States. Its Health and Education Consulting segment provides federal healthcare contract consulting, medical cost containment, operational and financial advisory, and regulatory and contract compliance services to hospitals, health systems, physicians, managed care organizations, academic medical centers, colleges, universities, and pharmaceutical and medical device manufacturers. The companys Accounting and Financial Consulting segment provides financial and economic analyses to support law firms and corporations in connection with business disputes, litigation, international arbitration, tax controversies, and regulatory or internal investigations; economic and statistical analyses in connection with litigation, regulatory hearings, bankruptcy, and public policy issues; accounting and finance advisory; and optimal solutions in the areas of enterprise risk management, internal audit, and Sarbanes-Oxley compliance. It also delivers valuation analyses to clients and their advisors, including valuations of businesses, financial interests, intellectual property, real property, machinery and equipment, and other tangible and intangible assets; and provides tax planning and compliance services. Its Legal Consulting segment offers digital evidence and discovery, document review, law firm management, records management, and strategic and operational improvement services. The companys Corporate Consulting segment provides consulting assistance to financially distressed companies, creditor constituencies, and other stakeholders in connection with out-of-court restructurings and bankruptcy proceedings. Huron serves education, healthcare, pharmaceutical, professional, transportation, telecommunications, financial, electronics, consumer products, energy and utilities, industrial manufacturing, and food and beverage sectors. The company was founded in 2002 and is headquartered in Chicago, Illinois.