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$OUTR has cut its guidance in a new update based on lower-than-expected revenue from its Redbox unit and said Mark Horak is exiting his post, and $OUTR CEO Erik Prusch will be interim President of the unit until a replacement is named. $OUTR is also discontinuing its SampleIt concept, and taking a noncash charge of about $4.5MM in 4Q15.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.