MarketFoolery: 02.07.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 7 February 2012
⏱️ 17 minutes
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Summary
Coinstar makes a big deal. BP and Coca-Cola report earnings.
Transcript
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| 0:00.0 | It's Tuesday, February 7th, and this is Market Fullry. |
| 0:05.0 | I'm Chris Helen joining me in studio today from Motleyville Stock Advisor, |
| 0:08.0 | Jason Moser, and for Motley Full Inside Value, Joe Maker, |
| 0:11.0 | gentleman. |
| 0:12.0 | Good to see you. Hello. |
| 0:13.0 | We have got earnings from Coca-Cola and BP, but we're going to start with Coin Star, shares of Coin Star |
| 0:19.0 | up more than 19% earlier today after the company reported some strong |
| 0:23.4 | quarterly earnings plus a couple of deals they they bought NCR's DVD kiosk |
| 0:29.2 | business which can't be that big because I didn't even know it existed. |
| 0:33.0 | And also they're teaming up with Verizon to introduce a streaming video service |
| 0:38.0 | in the second half of 2012. |
| 0:40.0 | Joe, there's a lot to get to here. |
| 0:42.0 | Let's just start with Coinstar itself. |
| 0:44.0 | Obviously a great day for Coinstar. |
| 0:47.0 | Yeah, I mean I think this deal with Verizon especially is really lucrative for them and a perfect marriage of the brand that they have and |
| 0:54.8 | the customer touchpoint at the physical locations with what Verizon offers. |
| 0:59.3 | So a lot of people have been saying Coin Star should come out with their own digital |
| 1:01.9 | offering. The problem is they don't have anything remotely like the capabilities to do that, right? |
| 1:06.4 | I mean, there are two things are big box machines that have DVDs in them and big box machines |
| 1:11.8 | that collect change. |
| 1:13.6 | Jumping from that to streaming digital content successfully is a huge gap. |
| 1:18.6 | So they did the smart thing and reaching out and finding not only a partner who has a lot of experience negotiating |
... |
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