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Stock Market & Financial Investment News

News Breaks
March 11, 2013
17:57 EDTINTU, HRBCourt denies second attempt to pull Intuit's TurboTax ads
Intuit (INTU) reported a decision by the U.S. District Court for the Western District of Missouri denying, for the second time, H&R Block's (HRB) attempt to stop Intuit from continuing to air two television advertisements for TurboTax. In denying H&R Block's motion for a preliminary injunction, the court noted that although H&R Block makes "much of their training programs for tax preparers in their first year and beyond, training is not the same thing as experience." The judge further stated that "it is not false or misleading...to draw consumers' attention to the true statement that certain consumers who go to major tax stores could have their taxes prepared by someone who has no prior work experience preparing taxes." The court further recognized that the statement "More Americans trusted their federal taxes to TurboTax last year than H&R Block stores and all other major tax stores combined" is true.
News For INTU;HRB From The Last 14 Days
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August 28, 2014
10:25 EDTINTUHigh option volume stocks
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August 22, 2014
06:20 EDTINTUOptions expected to be active
Options expected to be active: GME ARO CRM INTU TFM MRVL ROST BRCD
06:16 EDTINTUIntuit transition may bring buying opportunity, says Citigroup
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August 21, 2014
18:22 EDTINTUOn The Fly: After Hours Movers
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16:10 EDTINTUIntuit sees FY17 adjusted EPS of approximately $5.00
The company sees FY17 revenue of approximately $5.8B. The company sees FY17 QuickBooks Online subscribers of approximately 2M.
16:08 EDTINTUIntuit increases FY15 dividend 32% to $1.00
The company approved a dividend of up to $1.00 per share for FY15. This represents a 32% increase versus last year and reflects a large and growing cash position, as well as more recurring and predictable revenue streams. The Q1 dividend of 25c per share will be payable on October 20.
16:06 EDTINTUIntuit sees FY15 adjusted EPS $2.45-$2.50, consensus $3.97
The company sees FY15 revenue $4.275B-$4.375B, consensus $4.85B. The company sees FY15 adjusted revenue of $4.75B-$4.85B. This adjusted revenue guidance takes into account the expected increase in deferred revenue due to the change in future desktop product offerings, as well as acceleration in QuickBooks Online ecosystem growth, which impacts near-term revenue growth as customers pay monthly subscription fees.
16:04 EDTINTUIntuit sees Q1 adjusted EPS (20c)-(21c), consensus (4c)
Sees Q1 revenue $620M-$630M, consensus $680.61M.
16:02 EDTINTUIntuit reports Q4 adjusted EPS (1c), consensus 7c
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15:15 EDTINTUNotable companies reporting after market close
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