Assessing the Income Tax People

Article Abstract:

H&R Block makes all of its income in their fourth quarter. The company expects to earn $3.60 to $3.90 per share in fiscal 1984. Research shows the tax operation of filling out tax forms for the middle class is slipping somewhat. A subsidiary of Block is Hyatt Legal Services. This subsidiary has not made any profit yet, though it is planning to expand. H&R Block is planning to add more sophisticated financial services in the future. Some threats to the business of tax form completion do exist in the form of easier tax rules and roles and possible reforms of the tax laws.

Computers, Laws, regulations and rules, Digital computers, Income tax

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Winter Storm Watch

Article Abstract:

The stock market declined five per cent in February, 1984. The Average slipped sixty-six points. Unioil, an over-the-counter (OTC) stock, was the biggest loser. The stock lost seventy-five per cent of its value because of rumors the SEC was investigating its books, as well as disappointing earnings. The company believes market manipulation caused the stock to fall and is planning to sue several investment houses. Inflation fears moved the price of gold up. Tables listing the winners and losers for the major markets are included.

Finance, Prices and rates, Stocks, Stock-exchange, Stock exchanges, Stock prices, Over-the-counter markets, Over the counter markets

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Piperack Pipedream?

Article Abstract:

Discount clothing retailers have been proliferating in the early 1980s. Such retailers make their profits by discounting closed-out or damaged name-brand goods and by driving down operating costs as much as possible. However, many retailing analysts are predicting a shakeout in the off-price market. Many of the off-price chains are owned by department-store chains. In spite of a possible shakeout, off-price retailers' stocks continue to be popular with investors.

Retail industry, Retail trade, Fashion

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