H&r Block Downgraded By Goldman Sachs

Following the news that HSBC (HSC) has canceled its agreement with H&R Block (HRB), Goldman Sachs lowered its price target on shares of HRB to $12 per share. The firm believes earnings will come in lighter than expected in 2011 as the tax preparer will not be able to create a new product for refund anticipation loans in time for the upcoming tax season.

Topics:  hsbc hsc    h&r block hrb    goldman sachs   tax   
BING NEWS:
  • Angi downgraded at Goldman Sachs as further revenue deterioration expected
    The shrinking marketplace, decline in “transacting Pros” on the platform, and lower monetized transactions will likely bring further revenue deterioration to Angi Inc (NASDAQ:ANGI) in Q4 and next year ...
    11/13/2024 - 12:44 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News