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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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December 18, 2014
10:01 EDTINTUOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Bruker (BRKR) downgraded to Sell from Neutral at Goldman...Linear Technology (LLTC) downgraded to Sell from Neutral at Citigroup... Macerich (MAC) downgraded to Neutral from Buy at MLV & Co... BreitBurn Energy (BBEP) downgraded to Sector Perform from Outperform at RBC Capital... Oceaneering (OII) downgraded to Sector Perform from Outperform at RBC Capital... Oil States (OIS) downgraded to Sector Perform from Outperform at RBC Capital... Teradyne (TER) downgraded to Neutral from Buy at Citigroup... Volcano (VOLC) downgraded to Neutral from Buy at Roth Capital... XL Group (XL) downgraded to Market Perform from Outperform at Keefe Bruyette... Intuit (INTU) downgraded to Neutral from Outperform at Wedbush... Penn Virginia (PVA) downgraded to Market Perform from Outperform at Wells Fargo... Whiting Petroleum (WLL) downgraded to Market Perform from Outperform at Wells Fargo... Time Warner Cable (TWC) downgraded to Neutral from Buy at BTIG... Royal Caribbean (RCL) downgraded to Sell from Hold at DNB Markets... Silicon Image (SIMG) downgraded to Market Perform from Outperform at Northland.
07:15 EDTINTUIntuit downgraded to Neutral from Outperform at Wedbush
December 17, 2014
13:11 EDTINTUIntuit downgraded to Equal Weight from Overweight at First Analysis
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December 9, 2014
17:31 EDTHRBH&R Block receives inquiry from California AG on RAC product
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12:25 EDTHRBOn The Fly: Midday Wrap
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December 8, 2014
18:24 EDTHRBOn The Fly: After Hours Movers
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16:08 EDTHRBH&R Block reports Q2 EPS (45c), consensus (42c)
Reports Q2 revenue $134.63M, consensus $141.99M.
15:19 EDTHRBNotable companies reporting after market close
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