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How RadioShack Could Lose 90% of Its Value This Year

RadioShack Corp.’s (NYSE: RSH) shares traded at $0.33 Wednesday, down from a 52-week high of $2.79. One more tiny slip by management, lower same-store sales or ongoing fighting with its bond holders could push the shares low enough that the retailer will lose 90% of its value this year. 436 more words

Retail

RadioShack Still Looking for Cash

In a filing with the U.S. Securities and Exchange Commission (SEC) Tuesday morning, RadioShack Corp. (NYSE: RSH) said it has signed an agreement with FTI Consulting for “advisory and interim management services.” The struggling electronics retailer also said that in connection with the FTI Consulting agreement it has appointed Carlin Adrianopoli, a senior managing director with the consulting firm, as its interim chief financial officer. 157 more words

Retail

10 Shopping Days Until Christmas

The race that began at the start of November, peaked on Thanksgiving — or Black Friday or Cyber Monday — is nearly over. Only 10 shopping days remain until Christmas. 473 more words

Retail

Walmart Cuts More Prices

Wal-Mart Stores Inc. (NYSE: WMT) will cut prices until it can cut no more. Or, on the other hand, cut them until it can no longer make money. 370 more words

Retail

RadioShack Loses More, Outlines Cuts, Heads Toward Bankruptcy

RadioShack Corp. (NYSE: RSH) reported third-quarter 2015 results before markets opened Thursday. The electronics retailer posted an adjusted net earnings per share (EPS) loss of $1.23 on $650.2 million in revenue. 470 more words

Retail

Will Sears Stock Price Drop to $0?

Among the most troubled retailers in America, Sears Holdings Corp. (NASDAQ: SHLD) stands out. Its ownership is controlled by a hedge fund manager. It was created in 2004 by the merger of two faltering retail companies — Sears and Kmart. 330 more words

Retail

RadioShack's Stock Price Races Toward $0

RadioShack Corp. (NYSE: RSH) is at odds with its lenders again. The battle is over whether the retailer can close 1,100 locations, among other things. The loans involved are the only life preserver RadioShack has. 321 more words

Retail