Bob Scott

Bob Scott

1st Global Drives Blucora Results

The acquisition of 1st. Global boosted financial results for Blucora for the second quarter ended June 30. The addition of the investment firm to Blucora’s wealth management business, which includes HD Vest, led to a 23-percent rise in revenue for the most recently ended period.

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Thomson Tax Pro Revs Rise 3 Percent

Revenue for Tax & Accounting Professional segment rose to $182 million for the second quarter ended June 30, an increase of 3 percent over $176 million a year ago, Thomson Reuters said this month. The company said revenue for small, mid and large accounting firms, 80 percent of the total, grew by 4 percent.

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ADP Testing New Platforms

Automatic Data Processing is testing its new Lifion Human Capital Management Platform, payroll product and tax engine. CEO Carlos Rodriguez said in a recent web cast for earnings for the year ended June 30 that the company is selling the Lifion and payroll efforts on a limited basis, but is expanding sales.

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