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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (28854)	2/24/2006 10:49:57 AM
From: Gottfried	Read Replies (1) \| Respond to of 95622

OT *** H&R Block getting bad publicity H&R Block blunder exposes consumer data [dated Jan 3. 2006] news.com.com H&R Block Gets Its Taxes Wrong, Cuts Profit Outlook [yesterday] subscribers link online.wsj.com excerpt SAN FRANCISCO -- H&R Block Inc., the company that helps millions of Americans complete tax returns, said late Thursday that it got its own taxes wrong in recent years. The Kansas City, Mo.-based company said it will restate results for fiscal years 2004 and 2005, plus previous 2006 quarters, mainly because of errors in calculating its state effective income tax rate. The mistakes resulted in H&R Block understating its state income tax liability by about $32 million as of the end of April, 2005, the company added. The restatements will knock 7 cents a share off 2005 fiscal-year earnings and 2 cents a share of fiscal 2004 results, the company said. H&R Block also cut its full-year profit outlook, citing continued aggressive pricing in the mortgage industry and a slow start to the tax-filing season.