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Stock Market & Financial Investment News

News Breaks
March 11, 2013
17:57 EDTHRB, INTUCourt 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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May 21, 2015
16:05 EDTINTUIntuit sees FY15 QuickBooks Online subscribers of 1M-1.025M
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16:03 EDTINTUIntuit says grew total QuickBooks Online subscribers by 55% in Q3
Grew U.S. TurboTax Online units 13% in the tax season and total U.S. TurboTax units 9%, excluding Free File Alliance. Added more than 120,000 QuickBooks Online subscribers in the third quarter, ending with 965,000 paying subscribers worldwide.
16:02 EDTINTUIntuit sees FY15 adjusted EPS $2.50-$2.52, consensus $2.52
Prior view was $2.45-$2.50. Sees FY15 revenue $4.395B-$4.42B, consensus $4.36B. Prior view was $4.275B-$4.375B.
16:01 EDTINTUIntuit sees Q4 adjusted EPS (12c)-(10c), consensus (5c)
Sees Q4 revenue $720M-$745M, consensus $728.39M
16:00 EDTINTUIntuit reports Q3 adjusted EPS $2.85, consensus $2.74
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15:01 EDTINTUNotable companies reporting after market close
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May 20, 2015
08:29 EDTINTUIntuit Q3 upside widely expected, says Morgan Stanley
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May 19, 2015
11:17 EDTINTUIntuit May volatility elevated into Q3 and outlook
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08:17 EDTINTUIntuit price target raised to $120 from $105 at RBC Capital
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