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Outerwall Inc. (OUTR)

  • Apr. 18, 2013, 10:27 AM
    Coinstar (CSTR -3.2%) trades lower after ITG Research revises its estimate for revenue based on what the investment firm thinks are weak sales trends for CSTR in March.
  • Apr. 1, 2013, 9:08 AM
    Never mind the Ackman hype, Coinstar (CSTR) is more heavily shorted than Herbalife (HLF) — by a long shot. 50% of the Redbox parent's shares are sold short, up dramatically from 27% last year. At issue: whether physical DVD sales can keep pace with streaming video and whether the company's forays into the digital realm will prove viable. 
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  • Mar. 26, 2013, 8:12 AM
    Coinstar (CSTR -0.4%) looks ripe to run higher even after shares have run up a double-digit gain this month, according to B. Riley. The investment firm's bull thesis is centered on the idea that investors have under-appreciated the sheer size of the DVD rental market and the opportunities for Redbox on the digital side. CSTR +2.8% premarket to $57.50.
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  • Mar. 15, 2013, 10:07 AM
    Coinstar's (CSTR -0.8%) Redbox Instant is out in the wild now as the highly-anticipated streaming service moves out of a testing phase to full functionality. A key point to watch: Can Redbox Instant draw customers away from Netflix and Amazon with its library limited and the service missing many exclusive titles which would make it a must-have. Many of the titles come from Epix, whose library is also found on Netflix and Amazon Prime.
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  • Mar. 14, 2013, 6:09 PM
    VentureBeat provides some additional detail on the Redbox Instant (CSTR, VZ) launch. Standalone access to Instant's streaming will cost just $6/month ($2/month cheaper than Netflix, but for a much smaller library), and credits good for 4 Redbox rentals/month can be tacked on for an extra $2/month - provided the credits are used, that's a 58% discount from Redbox's normal $1.20/title.  "Hundreds of thousands" of people are said to have signed up during a 3-month testing period.
  • Mar. 14, 2013, 5:19 PM
    Redbox Instant (CSTR, VZ) has finally launched. The service, initially slated to go live in Q4 '12, offers access to 4.6K titles and 4 Redbox DVD rentals for $8/month. Another 4K movies are available for renting/purchasing. Original programming might be offered at some point, but CEO Shawn Strickland considers speculation on this front "really premature." For the time being, Instant's content library is much smaller than Netflix's (NFLX), and so is the breadth of its hardware ecosystem  - will the Redbox DVDs be enough to get Netflix subs to defect?
  • Mar. 11, 2013, 1:15 PM
    In addition to disclosing Redbox Instant wants in on the original programming craze, CAA lawyer Peter Micelli indicates House of Cards didn't come cheap for Netflix (NFLX -1.8%). "House of Cards' started at $4.5 million [per episode] and [executive producer David] Fincher took it way above that." The first season of House of Cards features 13 episodes, and Netflix has already committed to a second. Meanwhile, the NY Post reports Coinstar's (CSTR +2.1%) recent $350M debt offering will be used to finance buybacks, and thus help keep activist investors at bay.
  • Mar. 11, 2013, 9:47 AM
    Shares of Coinstar (CSTR +4.1%) bounce higher after a report tips Redbox to be the latest streaming service to get into the original programming game. Nothing official on original content has been issued by Coinstar.
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  • Mar. 11, 2013, 7:59 AM
    Redbox (CSTR) and Verizon (VZ) could be looking to break into original programming. At a recent tech symposium, a Creative Artists Agency lawyer tipped off that the companies have been inquiring about programming opportunities. If the report pans out, it makes for beefier streaming competition for Netflix (NFLX) and Amazon (AMZN).
  • Mar. 8, 2013, 7:16 AM
    Coinstar (CSTR) prices $350M of senior unsecured notes, saying the lot will be sold at par and have an interest rate of 6.00%.
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  • Mar. 7, 2013, 8:13 AM
    A couple of Wellesley professors say their research shows the closing of major online piracy websites added 6% to 10% to online revenue for movie studios - a mark that is higher than what analysts factored in for the effect. Though it's major studios such as Sony (SNE), Disney (DIS), Viacom (VIAB), and Lions Gate (LGF) which have done most of the heavy lifting in the anti-piracy fight - the trend toward legitimate movie viewing isn't half-bad for Coinstar (CSTR) or Netflix (NFLX) either.
  • Feb. 28, 2013, 1:58 PM
    As Coinstar (CSTR -1.3%) approaches a potential saturation point with the number of Redbox machines it operates, look for the company to apply its retail kiosk model to new consumer products to supplement its streaming ambitions. The company sees coffee, food, and electronics as potential options to help redefine its business. What to watch: After seeing some its new ventures stumble, the company might need  to keep its return on invested capital at 18% or better to instill confidence.
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  • Feb. 28, 2013, 12:12 PM
    Coinstar (CSTR) coin-counting machines add an exciting new feature as the PayPal (EBAY) ATM pilot is set to expand around the nation. Customers will be able to add coins and currency directly to their PayPal account, as well as withdraw funds, or send money to another account. The initial rollout in Dallas "quickly saw adoption and interest from users." (PR)
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  • Feb. 19, 2013, 8:48 AM
    JPMorgan downgrades Coinstar (CSTR) to Underweight from Neutral from Underweight with a $51 price target lined up on shares. CSTR -2.9% premarket.
  • Feb. 8, 2013, 8:38 AM
    Coinstar (CSTR) is losing even more market share to Netflix (NFLX) than what has been previously forecast is the logical conclusion that comes from taking in the quarterly reports (CSTR, NFLX) of both companies, according to JPMorgan's Paul Coster. The company is still banking on its video streaming service - currently in a beta - to swing the momentum back in its direction, but the clock is ticking. CSTR -7.6% premarket.
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  • Feb. 7, 2013, 5:45 PM
    After-hours top gainers, as of 5:15 p.m.: XIDE +13%. LLNW +10%. LNKD +10%. MOH +7%. MCHP +7%.
    After-hours top losers: NUAN -14%. CSTR -8%. RVBD -7%. BPZ -6%. MTOR -5%.
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Company Description
Outerwall Inc is a provider of automated retail solutions offering convenient products and services that benefits consumers and drives incremental retail traffic and revenue for retailers.