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Stock Market & Financial Investment News

News Breaks
April 11, 2014
07:34 EDTBOFI, HRBH&R Block partnership deal positive, says Oppenheimer
After H&R Block (HRB) announced that it would partner with BofI Federal Bank (BOFI), Oppenheimer notes that H&R Block will give up its bank charter as part of the deal. The firm thinks this will remove a major regulatory overhang and free up capital for H&R Block. The firm keeps an Outperform rating on the shares.
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