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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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July 30, 2015
12:05 EDTHRBH&R Block calls active
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10:03 EDTHRBH&R Block calls active on takeover speculation
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July 21, 2015
06:07 EDTINTUONUG: Yahoo hires VP of global network from Symantec
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