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Stock Market & Financial Investment News

News Breaks
June 10, 2014
07:04 EDTRSHRadioShack closed 22 stores in FY15, expects to close up to 200 stores
Joseph Magnacca, CEO, said, "Overall, our first quarter performance was challenged by an industry-wide decline in consumer electronics and a soft mobility market which impacted traffic trends throughout the quarter. In particular, our mobility business was weak due to lackluster consumer interest in the current handset assortment and increased promotional activities across the industry including the wireless carriers. This resulted in disappointing sales and gross margin performance."
News For RSH From The Last 14 Days
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November 18, 2014
17:52 EDTRSHRadioShack loan from Monarch off table, Bloomberg says
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14:14 EDTRSHRadioShack loan talks with Monarch hedge fund ended, Bloomberg reports
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November 10, 2014
13:06 EDTRSHRadioShack to open most of its stores on Thanksgiving, Bloomberg reports
RadioShack plans to open most of its stores on Thanksgiving for the first time, reports Bloomberg. According to company spokeswoman Merianne Roth, more than 3,000 Radioshack sotres will open from 8 a.m. to midnight. Reference Link
November 7, 2014
18:22 EDTRSHRadioShack said to add DW Investment as white knight lender, Bloomberg says
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