H R Block bucks pay stub loan criticism in quarterly call
H R Block challenges Jackson Hewitt and Liberty Tax over pay stub loans described as unsecured advances before tax filing. Ernst says the product resembles payday lending and harms industry reputation. Jackson Hewitt reports 1.3 million Money Now sales in the latest period, up from 999 thousand. Liberty notes trials in Texas and North Carolina amid loss to competitors.
MENTIONED IN THIS ARTICLE
Mark Ernst
Jackson Hewitt Tax Service Inc
Liberty Tax Service
Uct
Ernst
Jackson Hewitt
Money Now
John Hewitt
Virginia Beach
Winter wheat forecast grim as drought cuts yield
The Agriculture Department lowers the winter wheat forecast by 16 percent to 1.26 billion bushels as drought and insect damage across Kansas and the northern Great Plains depress output. Producers warn of below average quality with regional variation while corn, cotton, rice and soybeans hold steady. Beef, pork and poultry outlook improves with stronger exports and favorable global growth.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Tom Morton
Oxford
Kan
Wichita
Kansas
Morton
Great Plains
Chicago and area grain and livestock futures vary Friday
Grain futures mostly lower with July wheat at 3.72 and corn at 2.42 per bushel. oats steady at 1.86. soybeans down to 5.85. Beef and pork futures slip on the CME with live cattle at 78.85 cents, hogs at 70.70 cents, and pork bellies at 87.10. Local elevator quotes show mixed grain prices including soybeans at 5.36 and corn at 2.12. metals quoted as zinc 172.23 cents, gold 608.20 per ounce, silver 7.77 per ounce, platinum 1190.20.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence North
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H&r Block
David Twiddy
Associated Press
Kansas City
H&r Block Inc
Libby Quaid
Lawrence South
Pauline
Patty
Coe
Dilbert
Big
Dave Appleman
PTA
ATC
Tyne Parman
Sme Coles Am Cricnott Health, Sports, Fitness, Hariis Rou Gumc
Ec Eusan Oy
TherapyWorks
6Th Street
Howard Pine
Inia
Asylum
Verbena
Ng Ord
Edppike Exchange
Garden Center
Ae Eo
PSST
Ballard Community Services
Springhill
Marriott
Riverfront Plaza
Macell's
Lawrence
Douglas County
Dallard Center
Penn House
San Francisco
Fisherman's Wharf
Prairie Dunes
St. Louis Cardinals
Busch Stadium
Bostor
Mass
Tudor Wharf
The
United
Nelower Bank
Featuring Klwn
Lawrencefamilypractice.com
Carla Phipps
Kimberley McKeon
Joy Murphy
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