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Why is Intuit's stock up on Tuesday?

ProductRead the original at Benzinga
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Intuit adds free federal tax filing and $15 state returns to Credit Karma. Analysts expect sales to rise but profit to fall, so these facts do not point clearly in one direction.

INTU · Intuit Inc.

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The new service could give Credit Karma another reason to attract and keep members. Eligible users may get refunds up to 5 days early, and Intuit plans no-fee loans of up to $4,000 at 0% interest. Analysts expect sales to rise, but profit per share to fall. The story gives no customer or sales results from the launch, so these facts do not point clearly in one direction.

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