While the markets here in the United States perform quite well today, propelled by Citigroup’s earnings as well as news from the banking sector that the foreclosure freeze may soon be over, some stocks didn’t fair so well.

H&R Block (HRB) lost $1.42 , or 11.49% today, after reports surfaced that that HSBC would no longer be providing the funding for H&R Block to offer their Refund Anticipation Loans during the 2011 tax season. This could cost the company a lot of business next year. HSBC feels that since the IRS is no longer providing them with the debt indicator used to gauge certain risks, that they no longer can provide the funding to H&R Block. H&R block is suing the company trying to get the funding back. H&R Block, which currently has a dividend paying 5.48%, probably wouldn’t be a terrible buy at these prices.

Another major loser on the day was McMoRan Exploration (MMR). Despite cutting their losses nearly in half, the stock fell $2.42 per share on the day, or 13.12%. Investors were likely disappointed at the $94.8 million revenue reported, which missed expectations of $98.7 million. Although McMoRan Exploration is still losing money and didn’t have an exceptional quarter this time around, the stock price, at these levels, seems to be rather appealing if you are a long term investor.