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Stock Market & Financial Investment News

News Breaks
March 5, 2014
10:01 EDTRSHRadioShack may need bankruptcy to reach store closure goal, says Janney Capital
Janney Capital doubts RadioShack's creditors will allow the company to use the cash needed to close any more than 200 stores this year, which is well below the company's stated goal of 1,100 units. Janney thinks bankruptcy may be the only leverage the company has in order to hit its store closure target. The firm has a Neutral rating and $3.00 price target on RadioShack.
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July 29, 2014
13:23 EDTRSHRadioShack may run through liquidity in 2015, Moody's says
Moody's earlier today said its base case for RadioShack has the company running through its liquidity by the end of October 2015. The rating agency believes the electronics retailer has adequate liquidity for another year. Moody's has a Caa2 rating with a negative outlook on RadioShack. The stock is down 10%, or 8c, to 69c in afternoon trading.
July 25, 2014
16:37 EDTRSHRadioShack notified of possible delistment by NYSE
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