The mail-order and online movie-rental company said it’s shifting its focus to streaming video, raising some prices and launching a streaming-only plan in the U.S. This follows a successful launch of the same plan in Canada. In…
Online sales growth will outpace revenue at brick-and-mortar-only stores this holiday season, according to research firm ComScore. The company predicts online shopping will grow three times as fast as overall retail sales.
…
Among today’s top online stories for investors: Why holiday spending will surprise; two stocks hotter than AAPL; and are insiders trying to tell us something with all this selling?
Continue reading Daily Blogwa…
The ubiquitous Redbox video kiosk is about to take the plunge into digital movie streaming and Wall Street is all cheers. Coinstar (CSTR) executives announced during the company’s earnings call Thursday that the spare change kiosk company’s Redbox subs…
Coinstar, the parent of Redbox self-service DVD-rental machines, said second-quarter profit fell less than analysts expected and that forecast 2011 sales would exceed analysts’ estimates.
Continue reading Coins…