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Fly News Breaks for May 17, 2017
HRB
May 17, 2017 | 07:12 EDT
Credit Suisse analyst Anjaneya Singh said he views the announcement that H&R Block president and CEO Bill Cobb will retire as net neutral to the stock, but he adds that the loss of its prior CFO, its innovation head and its now CEO in about a year period is "a bit concerning." The analyst, who would have preferred to see more evidence of proper succession planning, keeps a Neutral rating on H&R Block shares.
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