May 20, 2012
Franchise News Watch

Your Financial Services Franchise Financial News Source

Franchise News Watch brings you the latest in financial services franchising financial news from around the web. As a news aggregator for the financial services franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.

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Financial Services Franchise Financial News

Liberty Tax Service

Liberty Tax’s Preliminary Tax Season Results Show a Competitive Industry Edge

Liberty Tax Service continued its growth in key areas during the just-completed tax season, and successfully addressed major industry changes in its operations.

J.D. Byrider Announces Asset-Backed Securitization

J.D. Byrider, the nation’s leading used car sales and finance enterprise, closed its first asset-backed securitization today.

Bear Stearns Reports Full Year And Fourth Quarter 2007 Financial Results

The Bear Stearns Companies Inc. (NYSE:BSC) reported results today for the fiscal year and the fourth quarter ended November 30, 2007.

H&R Block Announces Quarterly Cash Dividend

H&R Block, Inc. (NYSE: HRB) today announced that its Board of Directors declared a quarterly cash dividend of 20 cents per share, payable July 2, 2012, to shareholders of record as of June 11, 2012.

H&R Block Serves Record Total U.S. Clients Through April 18

H&R Block, Inc. (NYSE: HRB) today reported that total U.S. tax returns prepared fiscal year-to-date through April 18 reached a record 22.2 million, up 4.5 percent compared to the prior year period.

Liberty Tax Service

Liberty Tax Service Early Tax Season Results Show a Continuing Growth Trend

Liberty Tax Service has released its early season results through February 29.

Increased Demand For Factoring Services Drives Record-Setting Year For Liquid Capital

2011 was a record-setting year for Liquid Capital, which saw a dramatic increase in factoring volume in both its U.S. and Canadian markets.

H&R Block to Discontinue EXPRESSTAX Brand

H&R Block (NYSE: HRB) announced today it will discontinue service under its EXPRESSTAX brand.

H&R Block Reports Interim U.S. Tax Results Through Feb. 28; Fiscal 2012 Third Quarter Results Ended Jan. 31

H&R Block, Inc. (NYSE: HRB) today released interim period U.S. tax results through Feb. 28, 2012.

H&R Block Reports Fiscal 2012 Second Quarter Results; Closes Sale of RSM McGladrey

H&R Block, Inc. (NYSE: HRB) today reported a GAAP net loss from continuing operations for the fiscal second quarter ended Oct. 31, 2011, of $123.0 million, or $0.41 per share, compared to a net loss of $111.4 million, or $0.36 per share in the prior year.

Instant Tax Service Predicts Record Season

Instant Tax Service, a nationwide retail tax preparation company, announced today that they are on target to prepare a record number of tax returns this season on behalf of their customers.

H&R Block Decides Not to Offer Refund Anticipation Loans in 2012

H&R Block (NYSE: HRB) announced today that it will not offer refund anticipation loans (RAL) during the 2012 tax season. However, the company will continue providing low-cost financial solutions next year.

H&R Block Holds Investor Conference

H&R Block, Inc. (NYSE: HRB) held its investor conference in New York City yesterday. H&R Block's senior leaders outlined the company's growth strategies and outlook for fiscal year 2012 and beyond.

Bear Stearns Reports Third Quarter Financial Results

The Bear Stearns Companies Inc. (NYSE:BSC) today reported earnings per share (diluted) of $1.16 for the third quarter ended August 31, 2007, down 62% from $3.02 per share for the third quarter of 2006.

H&R Block Reports Fiscal 2011 First Quarter Results

H&R Block, Inc. (NYSE: HRB) today reported a net loss from continuing operations for the fiscal first quarter ended July 31, 2010, of $114.8 million, or $0.36 per share prior to a severance charge, compared to a loss of $130.6 million, or $0.39 per share

Liberty Tax Service

Liberty Tax Service Releases Results through January 31st; Sees strong beginning to 2008 Season

Liberty Tax Service today released its early season results through January 31st.

Jackson Hewitt Reports Fiscal 2009 Second Quarter Results

Jackson Hewitt Tax Service Inc. ("Jackson Hewitt") (NYSE: JTX) today reported financial results for the second quarter of fiscal 2009. Jackson Hewitt reported a net loss of $22.2 million, or $0.78 per basic and diluted share...

H&R Block Announces Quarterly Cash Dividend

H&R Block, Inc. (NYSE: HRB) today announced that its Board of Directors declared a quarterly cash dividend of 20 cents per share, payable April 2, 2012, to shareholders of record as of March 12, 2012.

H&R Block to Sell Financial Advisors Business to Ameriprise

H&R Block announced today it has signed a definitive agreement to sell H&R Block Financial Advisors to Ameriprise Financial, Inc. The transaction is subject to customary regulatory approvals, and is expected to close in four to six months.

Liberty Tax Service

Liberty Tax Service's Preliminary Tax Season Results Show Continued Growth: Increased Brand Awareness Boosts Volume

Liberty Tax Service (www.libertytax.com) maintains its competitive position as one of the top three tax companies in the industry, showing a steady increase in tax returns, revenue and brand awareness for this tax season.

H&R Block to Release Fiscal 2009 First Quarter Results September 3

H&R Block Inc. will report fiscal 2009 first quarter financial results on Wednesday, September 3, 2008, after the New York Stock Exchange market closing.

Brooke Capital Corporation Announces Second Quarter 2008 Results

Brooke Capital Corporation today reported its second quarter financial results for the quarter ended June 30, 2008.

H&R Block Announces Quarterly Cash Dividend

The Board of Directors of H&R Block Inc. (NYSE: HRB) has declared a quarterly cash dividend of 15 cents per share, payable July 1, 2011, to shareholders of record as of June 10, 2011.

Jackson Hewitt Reports Fiscal 2010 Second Quarter Results

Jackson Hewitt Tax Service Inc. ("Jackson Hewitt") (NYSE: JTX) today reported financial results for the second quarter of fiscal 2010. Jackson Hewitt reported a net loss of $19.5 million, or $0.68 per basic and diluted share, versus a net loss of...

ACE Cash Express, Inc. Announces Earnings Date and Conference Call for Noteholders to Discuss Fiscal 2009 Results

ACE Cash Express, Inc. announced that on September 28, 2009, it will provide fiscal 2009 financial results to Wells Fargo Bank, National Association, the trustee under the Indenture dated as of October 5, 2006 governing the Company's 10.25%...

H&R Block to Report Fiscal 2011 Fourth Quarter and Full Year Results on June 23

H&R Block Inc. (NYSE: HRB) will report fiscal 2011 fourth quarter and full year financial results on Thursday, June 23, after the New York Stock Exchange market close. At that time, a copy of the press release will be available on the company's Web si

H&R Block Reports Fiscal 2012 First Quarter Results

H&R Block, Inc. (NYSE: HRB) today reported a net loss from continuing operations for the fiscal first quarter ended July 31, 2011, of $173.4 million, or $0.57 per share, compared to a loss of $127.6 million, or $0.40 per share in the prior year period.

Jackson Hewitt Reports Fiscal 2008 Annual Results

Jackson Hewitt Tax Service Inc. ("Jackson Hewitt") (NYSE: JTX), today reported results for the fourth quarter and fiscal year ended April 30, 2008.

H&R Block Announces Full Tax Season Results

H&R Block Inc. (NYSE:HRB) today reported tax season results for the full tax season of Nov. 1, 2007 - April 17, 2008. Overall, the Company had its strongest tax season since 1999, with strong growth across the board in the number of clients served...

Bear Stearns Capital Trust III Announces Cash Distribution

Bear Stearns Capital Trust III, a special purpose trust controlled by The Bear Stearns Companies Inc. (NYSE: BSC), today announced its regular quarterly cash distribution on its outstanding shares of 7.8% Trust Issued Preferred Securities.

ACE Cash Express, Inc. Announces Earnings Date and Conference Call for Noteholders to Discuss Fiscal 2008 Results

ACE Cash Express, Inc. announced that on September 29, 2008, it will provide fiscal 2008 financial results to Wells Fargo Bank, National Association, the trustee under the Indenture dated as of October 5, 2006 governing the Company's 10.25% Senior...

H&R Block Reports Fiscal 2011 Fourth Quarter and Full Year Results

H&R Block, Inc. (NYSE: HRB) today reported net income from continuing operations for the fiscal year ended April 30, 2011 of $419.4 million, or $1.35 per share.

H&R Block Reports Fiscal 2008 Fourth Quarter and Full Year Results

H&R Block Inc. (NYSE:HRB) today reported that fiscal 2008 earnings from continuing operations grew 21 percent to $454.5 million, or $1.39 per share, compared to $374.3 million, or $1.15 per share for the prior year. Full year revenues rose 10 percent.

Brooke Corporation Announces 2007 Preliminary Earnings

Brooke Corporation (NASDAQ: BXXX) announced it will report its fourth quarter and fiscal year 2007 earnings and other financial results on Monday, March 17, 2008 at 8:30 a.m. CDT, followed by a conference call to discuss these results at 12:00 p.m. CDT.

H&R Block Reports Fiscal 2008 Third Quarter Results

H&R Block Inc. (NYSE: HRB) today reported earnings from continuing operations for the quarter ended Jan. 31, 2008, of $25 million, or $0.08 per share prior to severance charges, compared with $21.9 million, or $0.07 per share, in the prior year period

Jackson Hewitt Reports Fiscal 2009 First Quarter Results

Jackson Hewitt Tax Service Inc. ("Jackson Hewitt") (NYSE: JTX) today reported financial results for the first quarter of fiscal 2009.

H&R Block Reports Continued Improvement in Financial Results for Fiscal 2010 Second Quarter

H&R Block, Inc. (NYSE: HRB) today reported a net loss from continuing operations for the fiscal second quarter ended Oct. 31, 2009, of $126.5 million, or 38 cents per share compared to a loss of $133.2 million, or 40 cents per share in the second...

Bear Stearns Receives NYSE Approval For Shares To Be Issued To Jpmorgan Chase

The Bear Stearns Companies Inc. (NYSE: BSC) today announced that the New York Stock Exchange (the "NYSE") has accepted the company's application of the financial viability exception to the NYSE's shareholder approval policy in connection with...

Jackson Hewitt Declares Second Quarter Dividend

The Board of Directors of Jackson Hewitt Tax Service Inc. (NYSE: JTX) today declared a 2009 fiscal second quarter cash dividend of $0.18 per common share, payable October 15, 2008, to stockholders of record as of September 29, 2008.

H&R Block Releases Interim Tax Season Results; Preliminary Third Quarter Earnings

H&R Block, Inc. today released its first interim tax season results, reflecting returns prepared through Feb. 15, 2011. An inability of the IRS to accept certain filings prior to Feb. 14 led to changes in taxpayer filing patterns, a delayed start to t

H&R Block Reports Fiscal 2009 Results With Earnings From Continuing Operations of $1.53 per Share(1)

H&R Block, Inc. (NYSE: HRB) today reported that income from continuing operations for the fiscal year ended April 30, 2009, grew 15.0% to $513.1 million, or $1.53 per share, compared to $445.9 million, or $1.36 per share in the prior year.

H&R Block Announces 33% Dividend Increase

H&R Block, Inc. (NYSE: HRB) announced today that its Board of Directors has increased the annual cash dividend on the company's common shares by 33 percent to $0.80 cents per share from $0.60 per share.

Jackson Hewitt Reports Fiscal 2010 First Quarter Results

Jackson Hewitt Tax Service Inc. ("Jackson Hewitt") (NYSE: JTX) today reported financial results for the first quarter of fiscal 2010. Jackson Hewitt reported a net loss of $21.8 million, or $0.76 per basic and diluted share, versus a net loss of...

Jackson Hewitt Reports Third Quarter Fiscal 2008 Results

Jackson Hewitt Tax Service Inc. (NYSE: JTX) today reported financial results for the three and nine month periods ended January 31, 2008 and provided operating and earnings expectations for the full fiscal year.

H&R Block Reports Fiscal 2009 Second Quarter Results

H&R Block, Inc. (NYSE: HRB) today reported a net loss from continuing operations for the fiscal 2009 second quarter ended Oct. 31, 2008, of $133.2 million, or 40 cents per share compared to a loss of $134.9 million, or 42 cents per share in the second

H&R Block Reports Fiscal 2009 First Quarter Results

H&R Block, Inc. (NYSE: HRB) today reported a net loss from continuing operations for the fiscal 2009 first quarter ended July 31, 2008 of $129.4 million, or 40 cents per share compared to a loss of $109.8 million, or 34 cents in the first quarter a...

H&R Block Reports Fiscal 2009 Third Quarter Results

H&R Block, Inc. (NYSE: HRB)

Brooke Corporation Reports First Quarter 2008 Earnings

Brooke Corporation (Nasdaq: BXXX) today reported its first quarter financial results for the quarter ended March 31, 2008.

Bear Stearns Agrees To Secured Loan Facility With JPMorgan Chase

The Bear Stearns Companies Inc. announced today it reached an agreement with JPMorgan Chase & Co. (JPMC) to provide a secured loan facility for an initial period of up to 28 days allowing Bear Stearns to access liquidity as needed.

Brooke Corporation Declares Quarterly Cash Dividend

Keith E. Bouchey, chief executive officer of Brooke Corporation (NASDAQ: BXXX), announced today that its board of directors has declared a quarterly cash dividend in the amount of 18 cents per share of common stock. Bouchey reported the dividend will...


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Features & Special Reports

Anatomy of a Turnaround: Bennigan's Reclaims The Integrity of An Icon

Everyone loves a good comeback story, and I am honored and humbled to be at the helm of a classic turnaround tale.

Growth Machine: Anil Yadav Shows No Signs Of Slowing Down

Anil Yadav has graced the pages (and one cover) of Multi-Unit Franchisee magazine twice before.

5 Key Mobile Marketing Strategies for Franchises

For franchise marketers, mobile marketing is now paramount to a successful online strategy.

MarketingSherpa: Marketing Wisdom for 2012

In case you missed it (and when it comes to marketing and social media there's plenty to keep up on), MarketingSherpa published its Wisdom Report, "Marketing Wisdom for 2012" earlier this year.

Time For Benchmarking: All That's Needed Is The Will

I am convinced that someday the franchising community will finally get around to unleashing its biggest competitive strength: unit predictability.

Improving the Speed and Effectiveness of Your Responses to Prospects

We asked two franchise marketing pros what they're doing to provide more timely - and relevant - responses to prospect inquiries.

Social Media Roundup - May 2012

Here are four reasons local business marketers should continue to use the Yellow Pages.

Health-Scare Reform: "There's Still More That We Don't Know Than We Do."

Since national health care reform was signed into law in March 2010, it has generated strong reaction from multi-unit franchisees and small-business owners across the nation.

The Customer Within: Provide Coworkers With The Best Service Possible

When we talk about customer service, we usually think about how we deal with the people who walk through our doors--both physical and virtual--to purchase our products and services.

Do It Now: 3 Easy Ways To Stop Procrastinating Today

Procrastination is like a virus. It creeps up on you slowly, drains you of energy, and is difficult to get rid of if your resistance is low.

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