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H & R Block Inc
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*Moody's says h&r block's sale of its bank could be a credit.
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Oct 11- The following are the top stories in the Wall Street Journal on Thursday. *BAE Systems Plc and EADS called off their merger after the UK, France and Germany failed to agree on how much influence they should have over the combined entity.
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Jamie Dimon speaks out, PC sales are in decline; U.S. sets tariffs on solar panels and Spain is downgraded by the S&P for the third time this year.
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NEW YORK-- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:. Yum Brands Inc., up $5.28 at $70.99. FedEx Corp., up $4.41 at $89.99.
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Oct 10- U.S. tax preparer H&R Block Inc said it was exploring strategic alternatives for its banking unit to avoid heavy costs associated with stricter supervision under the Dodd-Frank Act. H&R Block, like other companies with small banking units, is under pressure to get out of the business to escape costly oversight by the U.S.
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Oct 10- Standard& Poor's Ratings Services today said its ratings and outlook on H&R Block Inc. remain unchanged following the company's disclosure that it may cease to be a savings and loan holding company because of Federal Reserve capital requirements. At this point, we are expanding the scope of our negative outlook on H&R Block to include these risks.
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Oct 10- U.S. tax preparer H&R Block Inc said it was exploring strategic alternatives for its banking unit to avoid heavy costs associated with stricter supervision under the Dodd-Frank Act. H&R Block, like other companies with small banking units, is under pressure to get out of the business to escape costly oversight by the U.S.
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Oct 10- U.S. tax preparer H&R Block Inc said it is exploring strategic alternatives for H&R Block Bank, which could result in the company no longer being regulated by the Federal Reserve as a savings and loan holding company. H&R Block said it does not expect any material impact on its earnings for fiscal 2013..
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NEW YORK, Oct 10- H& R Block Inc:.
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Oct 10- H&R Block Inc:. *Exploring strategic alternatives for H&R Block Bank. *Utlizing Goldman, Sachs& co. to advise on strategic alternatives for H&R Block Bank.
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Oct 10- H&R Block Inc, the biggest U.S. tax preparer, said it is exploring strategic alternatives for its small banking operation to avoid a looming sharp rise in costs associated with the introduction of stricter supervision under the Dodd-Frank Act.
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Chief Executive Tim Cook apologized Friday to customers frustrated with glaring errors in its new Maps service and, in an unusual move for the consumer giant, directed them to rival services such as Google Inc's Maps instead. **GOOGLE INC, Friday close $754.50, up 0.6 pct premarket.
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Chief Executive Tim Cook apologized Friday to customers frustrated with glaring errors in its new Maps service and, in an unusual move for the consumer giant, directed them to rival services such as Google Inc's Maps instead. **GOOGLE INC, Friday close $754.50, up 0.6 pct premarket.
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Chief Executive Tim Cook apologized Friday to customers frustrated with glaring errors in its new Maps service and, in an unusual move for the consumer giant, directed them to rival services such as Google Inc's Maps instead. **MICROSOFT CORP, Friday close $29.76, down 0.20 pct premarket. RBC and Jefferies& Co both reduced their price targets on Microsoft's stock.
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Check out which companies are making headlines after-the-bell Wednesday:
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Stocks closed near their best level in thin trading Thursday, with the S&P rallying to 1,400, as hopes for further stimulus from the Federal Reserve seemed to overshadow worries over the jobs market and some tepid earnings reports.
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The Fed says no action is the best action, Tim Geithner tells CNBC the US economy is gradually getting stronger, Las Vegas Sands Corp. beats earnings but falls slightly after hours and the VC firm behind some of the biggest names in tech make a groundbreaking charitable pledge.
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