H&R Block tanks on miss, Palo Alto Networks investors focus on negative, Deutsche Bank denies merger talks

Here are some of the stocks the Yahoo Finance team will be watching for you today:

H&R Block (HRB) shares sank this morning after the tax service provider reported a wider than expected loss of $0.55 a share for its fiscal first quarter. Revenue also missed estimates. Sales fell 9% from a year ago, mainly due to the sale of its bank unit and as fewer customers signed up for its services.

Palo Alto Networks (PANW) shares fell in early trading. The cybersecurity firm reporting earnings that came in right in line with forecasts at $0.50 a share while revenue topped analysts’ estimates as sales surged 41% to $401 million in its fiscal fourth quarter. However, expenses surged and the company provided a weaker than expected outlook for its current quarter. The company is also buying back $500 million dollars worth of stock.

Deutsche Bank (DB) shares are in the spotlight. The German bank’s CEO John Cryan denied speculation that it’s interested in buying smaller rival Commerzbank. The denial came after a German magazine reported that Deutsche Bank was in early merger talks with Commerzbank.

Apple (AAPL) remains in focus. Investors will be closely monitoring any developments related to the European Commission’s ruling Tuesday that Apple owes Ireland $14.5 billion in taxes.