H & R Block ( HRB +0.7% ) looks like an attractive target for a thirsty P&E firm ..... play became much more likely after the company moved to sell its bank. H & R Block 's extensive retail network and strong brand name could give a buyer
announced, widely expected acquisition of H & R Block 's bank deposits boosts its earnings ..... serious bidders besides BOFI vetted the H & R Block transaction, yet BOFI emerged as the ..... We question how valuable an asset the H & R Block business can be when no one was willing
By Squeeky Wheel: The big news for Bank of Internet ( BOFI ) of course is the acquisition of H & R Block 's banking business which occurred shortly after I wrote most of this article. This should have big impacts on the short theses
After yesterday's close H&R Bloch ( HRB ) sold their bank to Bank of Internet Holdings ( BOFI ). An incredible coup for HRB allowing to break the chains of fed oversight ..... high interest rates. The average cost of HRB deposits is a mere 11 basis points. The
I've been looking for any information that I can, and I've heard a ton of mixed reviews. We asked our tax preparer ( H & R Block ) and she discussed it with the tax research department and said it was a good idea. Does anyone have any information/thoughts
Gainers: ZIGO +31% . HRB +6% . Losers: DWCH -32% . VJET -16% . NQ -15% . Post your comment!
(Reuters) - U.S. tax preparer H & R Block Inc said it would sell its bank unit to BofI Federal Bank, freeing the company from Federal Reserve oversight.
H & R Block ( HRB ) +7.3% AH after agreeing to sell its banking unit to BofI Federal ..... company out of the banking sector and away from the Fed's oversight. HRB expects the deal to dilute FY 2015 EPS by $0.07-$0.09, and expects
Top gainers, as of 5:15 p.m.: ONE +8.9% . NOW +8.4% . KEYW +8.1% . HRB +7.3% . SSYS +7.3% . Top losers, as of 5:15 p.m.: NQ -7.5% . VNDA -4.6% . VJET -4.6% . GLOG -3.6% . GPS -2.3% . Post your comment!
April 10 (Reuters) - U.S. tax preparer H & R Block Inc said it would sell some assets and transfer certain liabilities to BofI Federal Bank.