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H and R Block News

News on H and R Block continually updated from thousands of sources around the net.

15 hrs ago | Kansas City Business Journal

H&R Block Inc.

“The CreditWatch listing is based on momentum H&R Block has achieved by successfully exiting the subprime mortgage business”

Standard & Poor's said in a research note Friday that it might raise its ratings on Kansas City-based Block if the company meets four conditions: Deliver solid results from its continuing operations for fiscal ... via Kansas City Business Journal

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Friday May 9 | MarketWatch

Financial Stocks: Citi's Pandit breaks out the scalpel; AIG loses nearly $8 billion

“These reductions will release capital that we could use in our other businesses”

Financials stocks were mixed Friday afternoon as investors and analysts focused squarely on Citigroup Inc.'s much-anticipated next steps for turning the troubled Wall Street icon around. via MarketWatch

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Friday May 9 | Canadian Business Magazine

H&R Block tangible capital requirement rescinded by Office of Thrift Supervision

Tax preparation firm H&R Block Inc. said Friday the Office of Thrift Supervision has rescinded a rule requiring the company to hold a 3 percent tangible capital reserve. via Canadian Business Magazine

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Related Topix: Financial Services, Accounting

Wednesday May 7 | KSHB-TV Kansas City

Nothing found in office where several became sick

The Kansas City Fire Department found no evidence of anything dangerous inside a metro office where several people reported becoming sick. via KSHB-TV Kansas City

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Monday May 5 | KTVK Phoenix

What's your stimulus plan?

More Phoenix Economy News 11:06 AM Mountain Standard Time on Monday, May 5, 2008 Kim McGrigg / Special to azfamily.com Approximately $150 billion dollars will be distributed to American consumers starting this ... via KTVK Phoenix

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Related Topix: Financial Services, Accounting

Saturday May 3 | Market Watch

S&P may upgrade H&R Block

“The CreditWatch listing is based on the momentum H&R Block has achieved by successfully exiting the subprime mortgage business. Changes in corporate governance have resulted in renewed management focus on H&R Block's core tax operations”

Standard & Poor's Ratings Services said late Friday it placed H&R Block's ratings, including its BBB- long-term counterparty credit rating, on CreditWatch with positive implications. via Market Watch

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Thursday May 1 | Housing Wire

New Option: H&R Block Completes Sale of Subprime Lender

“Today's transaction reduces risks and distractions from doing what we do best, which is serving the tax preparation needs of tens of millions of clients.”

The freakish experiment of tax-preparer-as-subprime-servicer is finally over. H&R Block Inc. via Housing Wire

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Tuesday Apr 29 | MyTELUS

Millions of Canadians scramble to file as income tax deadline looms

“Your average family could be looking at $600 to $800 in tax savings and that's a significant dollar amount”

With Wednesday's midnight deadline bearing down, millions of procrastinators across Canada are scrambling to get their income taxes done and filed. via MyTELUS

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Related Topix: Financial Services, Accounting

Tuesday Apr 29 | The Telecom Stock Blog

Sprint's 'Against the Odds' Turnaround Looks Less and Less Likely

Sprint Nextel continues to look for partners to share the cost of the WiMAX rollout, which will undoubtedly cost several billion dollars, but still has no takers. via The Telecom Stock Blog

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Sunday Apr 27 | St. Augustine Record

Charges against H&R Block dismissed

Regulators dismissed civil fraud charges Friday against the brokerage business of H&R Block Inc., tied to Enron Corp. via St. Augustine Record

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