Coinstar Inc. (CSTR). The redbox owner sold its electronic payment services business to InComm for $40 million and cut its second-quarter forecast to account for the sale. The company now expects earnings from continuing operations of 28 cents to 32 cents a share, on revenue of $363 million to $383 million for the quarter.
Not sure why they reported this the way they did. The company IS receiving $40 Million in Cash...unless they made a bad deal, this is probably good news.
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