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Stock Market & Financial Investment News

News Breaks
December 17, 2013
09:00 EDTHAWK, OUTRBlackhawk announces new gift card partnership With Outerwall's Coinstar
Blackhawk Network (HAWK) announced a new partnership with Outerwall (OUTR) subsidiary Coinstar. Through the Blackhawk Network partnership, Coinstar customers are now able to choose eGifts from brands, such as Gap, iTunes, Lowe's, Southwest Airlines, Toys"R"Us, Babies"R"Us and others. Blackhawk said it expects to make additional partner brands available via Coinstar kiosks in the future.
News For HAWK;OUTR From The Last 14 Days
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April 14, 2014
19:32 EDTHAWKBlackhawk completes spin-off from Safeway
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April 10, 2014
16:37 EDTOUTRJana Partners cuts stake in Outerwall to 4.9% from 8.4%
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April 8, 2014
16:05 EDTHAWKSafeway holders to get 0.164291 Blackhawk Class B shares for each Safeway share
Safeway (SWY) announced the final distribution ratio for the previously announced special stock dividend to its stockholders of all of the shares of Class B common stock of Blackhawk Network (HAWK) held by Safeway. Safeway stockholders will receive 0.164291 of a share of Blackhawk Class B common stock for every share of Safeway common stock held as of the close of business on April 3. The distribution will be made on April 14 in the form of a pro rata distribution of all of the 37,838,709 shares of Class B common stock of Blackhawk owned by Safeway to all Safeway stockholders of record on the record date. No fractional shares of Blackhawk Class B common stock will be distributed. Instead, Safeway stockholders will receive cash in lieu of any fraction of a share of Blackhawk Class B common stock that they otherwise would have received.
April 7, 2014
09:21 EDTOUTROuterwall Q2 revenue guidance could miss consensus, says Northland Securities
Northland Securities believes that Outerwall's Q2 sales guidance could be conservative and below consensus, as the firm thinks that Q2 is on track to be one of the weakest quarters for domestic box office revenue in a few years. The firm expects Redbox's performance in Q1 to be solid, however. It keeps a $75 price target and Market Perform rating on the shares.

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