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Stock Market & Financial Investment News

News Breaks
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.
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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