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Stock Market & Financial Investment News

News Breaks
March 6, 2014
09:10 EDTRSHRadioShack price target lowered to $1, Sell rating maintained at Goldman
Goldman lowered RadioShack's price target to $1 from $2.25 based on a higher probability of default over the next three years by the CDS market, which is now about 80%. Shares are Sell rated.
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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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