Saturday, August 13, 2011

Week in review: Redbox a mature business

The following is a roundup of my stories from Investor’s Business Daily at and Click, IBD’s tech blog.

Online games, digital downloads take a bite out of retail video game sales. July sales lowest since October 2006. (Aug. 11, 2011)

Cisco Systems beats the Street and guides higher. Stock jumps after hours. Cisco could be on the comeback trail. (Aug. 10, 2011)

Investors are likely to shift to big-cap tech stocks if downturn continues. Old tech giants like IBM, Intel and Microsoft could offer a port in the stormy stock market, analysts say. (Aug. 8, 2011)

Why can’t Redbox bounce higher with all the issues troubling Netflix? Coinstar’s Redbox business has moved from rapid growth to inventory management. (Aug. 5, 2011)

The invention of Bubble Wrap was the result of a failed attempt to make a textured wallpaper. (Aug. 4, 2011)

Photo: Customer at Redbox kiosk