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Intuit Inc

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  • “Power Lunch” is in San Francisco to focus on the role of  of venture capital in the economy – from alternative energy to biotech to new media  – and talk to major players in the field. 

  • Intuit Reports Narrower Loss, Names New Chief Executive Wednesday, 22 Aug 2007 | 5:15 PM ET

    Intuit, the maker of TurboTax software, named a new chief executive on Wednesday and also posted a loss for its fiscal fourth quarter, which is traditionally its weakest. Intuit said that CEO Steve Bennett would step down at the end of December and be replaced by Brad Smith, senior vice president and general manager of Intuit's Small Business Division.

  • Larry Ellison's NetSuite Files for $75 Million IPO Tuesday, 3 Jul 2007 | 4:54 AM ET
    NetSuite's headquarters in San Mateo, California.

    NetSuite, billionaire Larry Ellison's software company that sells computer programs accessed over the Web, filed on Monday to raise up to $75 million in an initial public offering.

  • The Million Dollar Challenge: Who's Ahead Right Now Monday, 21 May 2007 | 3:50 PM ET

    It's five days and counting until the end of the CNBC Million Dollar Portfolio Challenge contest--with a prize on the line of $1,000,000. We have 20 finalists in the running for the money--and thousands more competing in the Second Chance Showdown for a Sony Home Theatre Entertainment System. The players have until close of trading this Friday to create the portfolio with the biggest value.

  • Contest Stocks: Best, Worst, Most Active And More Monday, 21 May 2007 | 10:32 AM ET

    Here's a look at our "stock report" for both the finals and Second Chance Showdown. As we've already posted, aQuantive was the big gainer for many of you in SCS. And Trump Entertainment came in a "winner" as a result of takeover interest. (wonder if The Donald likes being a contest best performer). The most actives and widely held remain pretty much the same.

  • Last Week of Finals: Stephen Lee Holds Top Spot Monday, 21 May 2007 | 9:15 AM ET

    Good morning everyone. Here's a look at the current standings on our finalist leaderboard--as we head into the last week of the contest. Steven Lee (pictured) holds onto first place--and he's taking a rather conservative approach by remaining all in cash and hoping that Serge Amelyan's all-in bet on Terra Industries doesn't pan out. Serge moves back into 2nd place from 4th on his Intuit trade up on strong earnings.

  • Dow, S&P 500 Finish Higher For Seventh Straight Week Friday, 18 May 2007 | 5:17 PM ET

    Stocks closed broadly higher on Friday as the major markets hit new highs on takeover news and encouraging consumer data. "Right now investor sentiment is surging to the optimistic side," said Chris Johnson, founder and chief investment strategist at Johnson Research Group.

  • Contest Finals: Leaderboard "Shuffle" In Top Spots Friday, 18 May 2007 | 10:44 AM ET

    Good morning all. Big changes on the leaderboard for the contest finals. Steven Lee (that's his picture) jumps from 12th place on Wednesday to take the lead by gaining $182K with Acxiom Corp. which was up 18.08% Thursday. And Mary Williams continues her climb from 4th place Wednesday to take 2nd place--with another big gain on Ctrip.com that added $87K to her portfolio. Serge Amelyan falls into 4th place from first and Stephen Luchko is down in 6th place from 2nd.

  • Intuit's Earnings Rise 24% Following Strong Tax Season Thursday, 17 May 2007 | 6:05 PM ET

    Tax preparation software maker Intuit on Thursday posted a higher quarterly profit, saying a strong tax season and good performance of its QuickBooks product helped results.

  • Jobs and Shareholders Thursday, 10 May 2007 | 3:07 PM ET

    Apple's annual shareholder meeting was short on news, but long on drama with several investors grilling the Apple directors who did show up with questions about the stock options backdating scandal.Apple's entire directors' slate was re-elected, as expected. None of the shareholder resolutions passed, as expected.The fireworks and interesting nuggets came during the shareholder question-and-answer session.This is the first paragraph/short story.

  • Late Filers Swamp TurboTax E-File System  Wednesday, 18 Apr 2007 | 1:09 AM ET

    A flood of last-minute tax filers swamped the servers of the company that makes the popular TurboTax and ProSeries tax software Tuesday, forcing taxpayers to wait hours for confirmation that their electronic returns had been submitted successfully.

  • Celeb Cromwell--Turning Into Stock Trading Machine! Tuesday, 27 Mar 2007 | 10:31 AM ET

    Most of our celebs had a slow day Monday, but James Cromwell "has been a machine" as someone said. Not only is he buying stocks, he's putting those bonus bucks to work--something the other celebs--and you non-celebs should be using to your advantage. Willie Garson used them to put Johnny Bench back in last place.

  • Stocks closed near the unchanged mark as investors pulled money out of the tech sector and moved into energy stocks. "With the recent volatility that we've had, investors are taking a closer look at their portfolios and they're a little more cautious," said Ron Papanek, a strategist with RiskMetrics Group.

  • Intuit Shares Fall 8% As TurboTax Sales Miss Mark Thursday, 22 Mar 2007 | 11:49 AM ET

    Shares of software maker Intuit  fell as much as 8.8% on Thursday, the day after it said that unit sales of its key TurboTax product were up just 1%t from a year ago. 1st paragraph of story should go here

  • U.S. Housing And The Gamble Of Subprime Loans Tuesday, 30 Jan 2007 | 9:17 AM ET

    Prices for existing home sales nationwide rose just barely over 1% last year. That's not much compared with the double digit appreication in the previous years. And regionally--neighborhood to neighborhood--prices dropped and continue to fall.

  • Intuit to Buy Online Banker Thursday, 30 Nov 2006 | 9:47 AM ET

    Financial software company Intuit has agreed to buy online banking services provider Digital Insight for $39 a share in cash or $1.35 billion, Intuit said.