Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of financial services veteran H&R Block
So What: The company just announced that it's buying smaller tax-preparation expert 2SS Holdings for $287 million in cash. Though the TacACT parent is expected to add $0.05 per share to H&R's bottom line right away, investors seem less than impressed by the move.
Now What: Fellow tax experts Jackson Hewitt Tax Services
Interested in more info on H&R Block? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Motley Fool is investors writing for investors.