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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 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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September 30, 2014
14:53 EDTINTUIntuit says has lofty goals for growth of QuickBooks online
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12:46 EDTINTUIntuit sees FY17 adjusted EPS approximately $5.00
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12:09 EDTINTUIntuit says exited FY14 with strong momentum, setting up good FY15
Says has never been more excited about what's ahead. Says has reached the "inflection point." Says 70% of recurring revenue will be cloud-based by 2017. Comments from Annual Investor Day presentation.
09:05 EDTINTUIntuit still sees FY15 adjusted EPS $2.45-$2.50, consensus $2.48
Still sees FY15 revenue $4.275B-$4.375B, consensus $4.34B
09:04 EDTINTUIntuit still sees Q1 adjusted EPS (20c)-(21c), consensus (21c)
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09:02 EDTINTUIntuit backs Q1, FY15 outlook
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09:02 EDTINTUIntuit reaffirms Q1, FY15 outlook
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September 26, 2014
18:09 EDTINTUIntuit insiders sell $11M of stock as shares near all-time high, Barron's says
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September 24, 2014
08:07 EDTINTUIntuit volatility increases into investor day
Intuit October call option implied volatility is at 28, November is at 26, January is at 22; compared to its 26-week average of 21 according to Track Data, suggesting large near term price movement into a company hosted investor day on September 30.
September 23, 2014
09:22 EDTINTUIntuit to host investor day
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