Stocks in Motion: H&R Block

Stock quotes in this article: HRB , TASR , ELBO , CNO , LTD , DCO  

Updated from 11:26 a.m. EDT

Shares of H&R Block(HRB Quote) traded actively after the NASD disclosed an enforcement action against its financial advisory unit. The securities regulator alleged H&R Block engaged in fraud when its advisers allegedly recommended to customers bonds sold by Enron in the weeks before the energy trader's storied 2001 bankruptcy. The stock rose 22 cents, or 0.5%, to $49.59.

Shares of Taser International(TASR Quote) were among the Nasdaq's winners Monday, rising 16.4% after the Department of Homeland Security said its stun guns could be used on commercial flights in the U.S.

Specifically, Taser announced that a major international airline received approval from the Department of Homeland Security's Transportation Security Administration, which would permit trained personnel to use stun guns on flights to and from the U.S. The company, however, did not identify the airline or specify how many stun guns were ordered. Taser said there are about 17,700 passenger aircraft worldwide that could use its technology to provide additional security for passengers. Shares of Taser traded up $7.63 to $54.12.

Electronics Boutique(ELBO Quote) rose 13.7% after the video-game retailer raised its third-quarter earnings guidance significantly above Wall Street expectations. The company now expects earnings of 28 cents to 29 cents a share on sales of $445 million to $447 million. Previously, the company said it would earn between 15 cents and 19 cents a share. Analysts polled by Thomson First Call had been expecting earnings of 18 cents a share on sales of $402.7 million. For the full year, Electronics Boutique expects earnings of $2.18 to $2.29 a share, above its previous guidance of $2.02 to $2.10 a share, and above analysts' expectations of $2.11 a share. Shares traded up $5.03 to $41.67.

Shares of Conseco(CNO Quote) rose 7.3% after the company beat third-quarter earnings and sales estimates. The insurance company posted a profit of 36 cents a share on sales of $1.07 billion. Analysts were expecting earnings of 34 cents a share on sales of $1.05 billion. Looking ahead, Conseco reiterated its fourth-quarter earnings guidance, saying it would earn $63 million to $68 million. The company said it would provide 2005 earnings guidance when it reports its 2004 results, but added that it knows of "no reason why the consensus estimate for 2005 of $1.71 per share will not fall within our guidance range." Shares of Conseco traded up $1.22 to $17.95.

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