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Originally published Thursday, June 23, 2011 at 4:09 PM

Summary Box: H&R Block 4Q profit falls 5 percent

PROFIT DOWN: H&R Block posted a 5 percent drop in fiscal fourth-quarter profit, to $658.6 million, or $2.14 per share. Revenue slipped one half percent to $2.33 billion.

The Associated Press

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PROFIT DOWN: H&R Block posted a 5 percent drop in fiscal fourth-quarter profit, to $658.6 million, or $2.14 per share. Revenue slipped one half percent to $2.33 billion.

PREPARED RETURNS UP: Block prepared 21.4 million tax returns this year, up 6.5 percent. The company added 500,000 customers that used its retail stores and 800,000 that used its digital products.

FIGHTING ANTITRUST: CEO Bill Cobb said Block remains intent on acquiring 2SS Holdings Inc., which makes the tax prep software TaxACT, and will fight the antitrust suit brought by the Justice Department to block the $287.5 million deal.

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