Coinstar Rises on Outlook for Streaming, Coffee Ventures
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Coinstar Inc., owner of the Redbox DVD rental kiosks, rose after executives said new businesses such as its movie-streaming venture and Rubi coffee kiosks will add to profit over the next three years.
Coinstar gained 5.2 percent to $52.60 at the close in New York, the most since Feb. 14. The Bellevue, Washington-based company has advanced 1.1 percent this year.