H&R Block

Most of the S&P 500 have already posted their fourth-quarter results. But a few of them are scheduled to report fiscal quarterly results this week. These include Altera, Brown-Forman, H&R Block and Pall Corp. Also, earnings reports from retailers continue to roll out this week, as they have...

The holiday shopping season is officially off and running. Though things will be pretty quiet on the earnings front this week, a handful of retailers are scheduled to share the results of their most recent quarters. These include Aeropostale (NYSE: ARO), American Eagle Outfitters (NYSE: AEO), Big...

Things will be fairly quiet on the earnings front this this week, with only a few S&P 500 components scheduled to post quarterly results: Brown-Forman (NYSE: BF-B), Campbell Soup (NYSE: CPB) and Joy Global (NASDAQ: JOYG) are expected to report earnings growth, while SAIC's (NYSE: SAI) earnings...

Intuit (NASDAQ: INTU) is scheduled to report fiscal third-quarter 2011 results after the market closes on Thursday, May 19. Analysts expect the company to announce that earnings came to $2.28 per share. That is up from the consensus estimate of $2.24 per share 90 days ago, as well as an increase...

Oppenheimer has published a research report on H&R Block, Inc. (NYSE: HRB) after the company announced on 12/24 that HSBC (NYSE: HBC) terminated the contract where it provided HRB's RALs. In the report, Oppenheimer writes "The equivalent of coal in the stocking for HRB's franchisees and...

H&R Block, Inc. (NYSE: HRB) announced at 6:50pm ET on Christmas Eve that "as a result of a regulatory directive by the OCC, HSBC Holdings, plc. (NYSE: HBC) is terminating the contract under which HSBC provided all of HRB's refund anticipation loans (RALs),” Oppenheimer reports. “With HSBC RALs...

Oppenheimer has published a research report on H&R Block (NYSE: HRB) following meetings with management and positive feelings about executive staff. In the report, Oppenehimer writes "We recently met with HRB's new (past few months) management team. We're encouraged by the CEO's openness,...

This week, H&R Block, Inc. (NYSE: HRB) announced an agreement to acquire TaxACT for $287.5 million in cash. This deal, which we'd expect to close by calendar year-end, would combine the #2 and #3 players in the digital DIY tax prep category (HRB is second largest in DIY digital pre-acq when...

H&R Block, Inc. (NYSE: HRB) has been downgraded to Perform from Outperform by Oppenheimer, which has also removed its $22 PT based on: 1) a lower FY11 earnings outlook on "significant" reinvestment of previously modeled cost cuts; and 2) a mortgage put-back overhang carrying potential headline...

Shares of H&R Block, Inc. (NYSE: HRB) plummeted after the tax preparer warned that 2010 earnings would be below Wall Street expectations. H&R Block said that the poor economy and job market meant that less Americans were filing tax returns than expected. However, some analysts believe it...