RadioShack 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.
RadioShack names Harry Wilson as Chief Revitilization Officer Harry J. Wilson, founder and CEO of The MAEVA Group, will serve as the Chief Revitalization Officer of RadioShack, reporting to RadioShack CEO Joe Magnacca and the RadioShack Board.
RadioShack announces MAEVA Group to provide advisory services RadioShack announced that The MAEVA Group will provide advisory services to RadioShack's board and management as the Company moves forward with its operational and financial turnaround.