Tag: nasdaq

Coinstar bets on "Man of Steel," "Iron Man" to boost rental business

By Chandni Doulatramani (Reuters) – Coinstar Inc raised its full-year adjusted profit forecast as it bets on a slate of movies scheduled to be released in the third quarter to boost its Redbox video rental business, sending its shares up 8 percent after the bell. Coinstar, which plans to change its name to Outerwall Inc, acquired Redbox in 2008 for its DVD kiosk business, and it has become its …

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