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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 6, 2015
09:08 EDTHRBH&R Block management to meet with Oppenheimer
Meetings to be held in New York on July 8-9 hosted by Oppenheimer.
June 29, 2015
05:58 EDTINTUIntuit lays off nearly 400 employees, Reuters reports
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June 25, 2015
11:05 EDTINTUIntuit management to meet with Jefferies
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10:31 EDTHRBH&R Block July calls active
H&R Block July 30 and 31 calls are active on total call volume of 5,300 contracts (420 puts). July call option implied volatility is at 26, August is at 26, October is at 25; compared to its 52-week range of 20 to 33. Active call volume suggests traders taking positions for upside price movement.
June 24, 2015
10:00 EDTINTUOn The Fly: Analyst Initiation Summary
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06:54 EDTINTUIntuit initiated with a Hold at Stifel
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