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H and R Block

Saturday May 3

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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