H&R Block (HRB - Get Report) said it earned $616.5 million, or $3.66 a share, for the fourth quarter ended April 30, compared with $576.8 million, or $3.24 a share, a year ago. Revenue for the quarter was $2.36 billion. Analysts expected a profit of $3.52 a share on revenue of $2.34 billion, according to Thomson First Call. For fiscal 2006, the company said it expects to earn $4.25 to $4.65 a share. The company also announced its board approved a 2-for-1 stock and raised its post-split dividend to 12.5 cents from 11 cents. The stock added 6% to $53.70 Thursday morning.Tessera Technologies (TSRA - Get Report) raised earnings guidance for the second quarter and full year as a result of larger-than-expected payments for past production. For the second quarter, it now expects revenue of $21.3 million to $21.7 million, up from its previous range of $16.5 million to $17 million. For 2005, the company expects revenue of $92 million to $94 million, compared with its original forecast of $89 million to $91 million. The stock was up 84 cents, or 2.63%, to $32.80.
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