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News Breaks | | | | March 11, 2013 | | 17:57 EDT |  | INTU, HRB | Court 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. | |
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News For INTU;HRB From The Last 14 Days Check below for free stories on INTU;HRB the last two weeks. |
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| May 22, 2013 | | 09:49 EDT |  | INTU | Intuit moves up following results, levels to watch
 Subscribe for More Information | | | May 21, 2013 | | 16:06 EDT | | INTU | Intuit drops modesty after results and guidance, first look
Shares down less than a percent from the close in extended trade after initially trading higher after results. Earnings for the reported quarter beat, but guidance was below consensus. At the current price of $57.50, next support is at $57.09 and then at $55.75. Resistance is at $57.88, the closing value for today. | | | 16:03 EDT |  | INTU | Intuit sees FY13 adjusted EPS $3.31-$3.35, consensus $3.33
Subscribe for More Information | | | 16:02 EDT | | INTU | Intuit sees Q4 adjusted EPS 3c-7c, consensus 11c
Subscribe for More Information | | | 16:01 EDT | | INTU | Intuit reports Q3 adjusted EPS $2.97, consensus $2.93
Subscribe for More Information | | | 15:18 EDT | | INTU | Notable companies reporting after market close
Subscribe for More Information | | | May 20, 2013 | | 16:31 EDT | | INTU | Intuit announces organizational realignment
Intuit announced an organizational realignment designed to propel the company into its next phase of long-term growth. Intuit’s new structure becomes effective August 1 in conjunction with the company’s new fiscal year. It includes six go-to-market business units reporting to the chief executive officer. The company also announced that Kiran Patel, executive VP and general manager of Intuit’s Small Business Group, and Alex Lintner, senior VP and general manager of Intuit’s Global Business Division, will retire from Intuit shortly after the end of the fiscal year. The work of their respective organizations will be assimilated into the new organizational structure. | | | May 17, 2013 | | 15:27 EDT |  | INTU | Intuit June volatility flat into Q3 and growth outlook
Intuit June call option implied volatility is at 23, July is at 22, January is at 21; compared to its 26-week average of 24 according to Track Data, suggesting decreasing price movement into the expected release Q3 results on May 21. | |
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