Form 4 H&R BLOCK INC For: Jun 07 Filed by: Houseworth Jason
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
S&P Lowers Outlook on H&R Block (HRB) to Negative; Notes Recent Weak Earnings Performance
June 10, 2016 2:47 PM EDTS&P Global Ratings revised its ratings outlook on H&R Block Inc. (NYSE: HRB) to negative from stable. At the same time we affirmed all ratings on the company, including the 'BBB' corporate credit rating and 'A-2' short term rating.
"The negative outlook reflects our downward revision to our performance forecast because of Block's weaker-than-anticipated earnings for the 2016 tax year, and our belief that the increasingly competitive tax preparation industry, as well as continuous shift in the industry from assisted tax filing to DIY services, will continue to weigh on the... More
