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Stock Market & Financial Investment News

News Breaks
March 4, 2014
07:03 EDTRSHRadioShack reports Q4 adjusted EPS ($1.29), consensus (35c)
Reports Q4 revenue $935.4M, consensus $889.27M. Reports Q4 comparable store sales down 19%. Q4 results driven by holiday season characterized by lower store traffic, intense promotional activity particularly in consumer electronics, a very soft mobility marketplace and a few operational issues.
News For RSH From The Last 14 Days
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February 20, 2015
08:26 EDTRSHStandard General weighing bid to lead RadioShack out of bankruptcy, WSJ says
Hedge fund Standard General, which became the largest shareholder of now bankrupt RadioShack last year by taking a 9.9% stake, has discussed contributing about $75M toward a $200M bid for the new RadioShack, reported The Wall Street Journal, citing a person familiar with the matter. The report noted that such a deal would essentially trade a rescue loan the fund arranged and contributed to last year for an ownership stake. Reference Link

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