Intuit (INTU)

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Intuit reports Fiscal 3Q profit growth of over 23% and exceeds $1 billion in quarterly sales for the first time. Intuit reports weaker than expected sales of TurboTax 2007, with negligible growth in sales compared to the previous year's edition. Intuit revises their outlook for fiscal 2007 downwards, due to the acquisition of Digital Insight and the outsourcing of their payroll business to Automatic Data Processing

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