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Stock Market & Financial Investment News

News Breaks
March 19, 2013
12:18 EDTINTUIntuit tax products reinstated to Minnesota's approved vendor list
Intuit announced that the Minnesota Department of Revenue has reinstated Intuit's consumer and professional tax products to its approved vendor list. In a statement posted to its web site, the Minnesota Department of Revenue announced that "Intuit has fixed the reported errors and taxpayers can continue to use Intuit products."
News For INTU From The Last 14 Days
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May 22, 2013
09:49 EDTINTUIntuit moves up following results, levels to watch
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May 21, 2013
16:06 EDTINTUIntuit 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 EDTINTUIntuit sees FY13 adjusted EPS $3.31-$3.35, consensus $3.33
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16:02 EDTINTUIntuit sees Q4 adjusted EPS 3c-7c, consensus 11c
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16:01 EDTINTUIntuit reports Q3 adjusted EPS $2.97, consensus $2.93
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15:18 EDTINTUNotable companies reporting after market close
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May 20, 2013
16:31 EDTINTUIntuit 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 EDTINTUIntuit 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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