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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 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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April 21, 2015
19:06 EDTINTUOn The Fly: After Hours Movers
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16:14 EDTINTUIntuit sees FY15 consumer tax revenue growth above guidance at 8%
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16:13 EDTINTUIntuit reports TurboTax Online units grew 13% through April 16
Intuit released the second and final update for its FY15 consumer tax offerings. TurboTax Online units grew 13% versus the comparable prior-year period. Year to date through April 16, total federal units grew 8%. It reported Total TurboTax Units of 30.189M through April 16, 2015, vs. 27.285M last year.
April 13, 2015
10:00 EDTINTUOn The Fly: Analyst Upgrade Summary
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06:49 EDTINTUIntuit upgraded to Hold from Sell at Evercore ISI
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