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Financial shares are lower in mid-session trading while Jackson Hewitt Tax (JTX) plunged after the company cancelled its earnings conference call in light of ongoing discussions between JTX and lenders under its senior secured credit agreement. Meanwhile, Financial Institutions (FISI) shares are just higher after the company said late Wednesday it priced 2.4465 million shares [...]
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February 25, 2010 www.amazon.com thefilmarchived.blogspot.com Ronald Ernest “Ron” Paul (born August 20, 1935) is an American physician and Republican Congressman for the 14th congressional district of Texas. Paul serves on the House Foreign Affairs Committee, the Joint Economic Committee, the Committee on Financial Services and is Chairman of the House Financial Services Subcommittee on Domestic [...]
Jackson Hewitt (JTX) is at a 52-week low after it says it is working along with its lenders toward “a mutually satisfactory plan” for restructuring the company’s balance sheet and future funding, which may include a pre-packaged bankruptcy, Reuters reports. It will execute definitive documentation relating to the restructuring, on or prior to April 29, [...]
Tax Tip of the week with Jackson Hewitt
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Jackson Hewitt (JTX) and Republic Bancorp (RBCAA) are lower after the FDIC said RBCAA’s funding of the loans given in anticipation of income tax refunds were “unsafe and unsound,” Reuters reports. The FDIC questioned the risk of issuing refund anticipation loans (RALs) without a “debt indicator” — a measure which shows how much a tax [...]
Read more about Jackson Hewitt, Republic Bancorp Slide On FDIC Notice to Republic »
Jackson Hewitt Tax Tip of the Week
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