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Stock Market & Financial Investment News

News Breaks
August 12, 2014
06:51 EDTRSHRadioShack turnaround in doubt, says UBS
UBS said RadioShack's turnaround efforts have been impacted by the difficult operating environment and its financial flexibility is in a "perilous position." The firm notes the company's CD's have climbed 70% in the last month indicating the cost of doing business with counter-parties has gotten more expensive. The firm is skeptical limited store remodels will impact the entire chain and that new products will not change the company's perception. Shares are Sell rated with a 50c price target, down from 90c.
News For RSH From The Last 14 Days
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October 30, 2014
18:45 EDTRSHSalus Capital looks to increase RadioShack debt, Bloomberg says
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October 29, 2014
09:00 EDTRSHRadioShack 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.
08:08 EDTRSHRadioShack 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.

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