H & R Block Inc
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Consumer Discretionary : Diversified Consumer Services | Small Cap Value
Company profile

H&R Block, Inc. (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, Australia and their respective territories. Assisted income tax return preparation and related services are provided by tax professionals through a system of retail offices operated directly by the Company or its franchisees. It offers tax support, planning, and business accounting and advisory services to its clients. The Company offers a range of online tax services, including preparation of federal and state income tax returns, review of tax returns by a tax professional, access to tax tips, advice and tax-related news, use of calculators for tax planning, error checking and electronic filing.

Price
Delayed
$13.61
Day's Change
-0.485 (-3.44%)
Bid
--
Ask
--
B/A Size
--
Day's High
14.00
Day's Low
13.58
Volume
(Above Average)

Today's volume of 1,632,188 shares is on pace to be greater than HRB's 10-day average volume of 3,382,722 shares.

1,632,188

J.P. Morgan's Jamie Dimon: 'You could see a fairly rapid recovery'

4:59 am ET May 27, 2020 (MarketWatch)
Print

By Barbara Kollmeyer, MarketWatch

The influential head of the largest U.S. bank says he's prepared for a tougher road ahead due to the global pandemic, but optimistic that things will get better.

J.P. Morgan Chase (JPM) Chief Executive Jamie Dimon said he was hopeful over his "base case" for an improving economy in the second half of the year, in comments made at a financial services conference, according to CNBC (https://www.cnbc.com/2020/05/26/jamie-dimon-says-jpmorgan-is-a-very-valuable-company-at-these-prices.html?&qsearchterm=jamie%20dimon).

"You could see a fairly rapid recovery," he said, adding that he was hopeful over businesses reopening after lockdowns. "I think that's got a good chance."

"The government has been very responsive, the Federal Reserve has been very responsive. Large companies have a huge wherewithal, hopefully we'll keep the small ones alive long enough that most of them get back into business," said Dimon.

He described the Fed's massive stimulus to boost the economy as "water that fills every crevice," lifting up asset prices.

Shares of the bank rallied 7% (http://www.marketwatch.com/story/goldman-sachs-jpmorgan-chase-share-gains-lead-dows-588-point-surge-2020-05-26) on Tuesday, as investors returned from the Memorial Day break to push the Dow industrials 500 points higher, testing the key 25,000 level. Gains were driven by fresh vaccine news and hopes for a global economic recovery.

Some attributed the rise in J.P. Morgan shares, which rose along with other big bank stocks, to a comment at that same conference by Dimon, where he said the bank was "very valuable" at current share prices.

-Barbara Kollmeyer; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 27, 2020 04:59 ET (08:59 GMT)

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