Breeden Capital

KANSAS CITY, Mo.--(BUSINESS WIRE)-- H&R Block Inc. (NYSE: HRB) will report fiscal 2008 fourth quarter and full year financial results on Monday evening, June 30, 2008, after the New York Stock Exchange market closing. At that time, a copy of the press release will be available on the company's Web site at www.hrblock.com. At 8 a.m. EDT on Tuesday, July 1, 2008, the company will host a conference call for analysts ...

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Because of recent gasoline price increases, H&R Block (NYSE: HRB) is recommending the Internal Revenue Service consider raising automobile mileage deduction rates for business, medical or moving purposes and that Congress consider raising the rates for miles driven in service to charities. H&R Block Chairman Richard Breeden suggested the adjustments in a letter to Henry Paulson, Secretary of the U.S. Treasury, as well as to the chairmen and ranking minority members of the Congressional tax-writing committees. In the letter, Breeden notes that while H&R Block has not traditionally taken positions on tax policy, the company was suggesting this one-time acceleration in hopes the move would "benefit all Americans impacted by the extraordinary price increases in recent months." Current deduction rates are 50.5 cents per mile for business use, 19 cents for medical or moving use, and 14 cents for charitable use. Since Nov. 27, 2007, when the ...

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5668669

Shares of H&R Block, Inc. (NYSE: HRB) are on the move today, gaining 7.5%, on news that the Office of Thrift Supervision has terminated the prior regulatory requirement that H&R Block ...

KANSAS CITY, Mo.--(BUSINESS WIRE)-- H&R Block, Inc. (NYSE: HRB) today reported that it has been formally advised by the Office of Thrift Supervision ("OTS") that the OTS has terminated the prior regulatory requirement that H&R Block maintain three percent adjusted tangible capital at the parent company level at all times. The decision reflects the closing of the sale on April 30, 2008, of the mortgage servicing business of H&R Block's Option One subsidiary and deleveraging of H&R Block. The "3% Rule" applied to adjusted tangible capital levels to be maintained by H&R Block so long as it owned H&R Block Bank ...