RSH
{"sector":"Services","industry":"Retail","symbol":"RSH","company_name":"RadioShack Corp","exchange":"NYSE"}RSH Articles
It takes a very brave speculator, or a really stupid one, to invest in a delisted stock of a bankrupt company.
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We have confirmation that Sprint and General Wireless, a subsidiary of Standard General, have agreed in principle on terms that will allow Sprint to take over many RadioShack leases.
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RadioShack is reportedly in discussions with Sprint about a bankruptcy deal that would have Sprint acquire about half of RadioShack's store leases.
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When RadioShack's shares will drop to zero due to the impending bankruptcy, a lot of investors will be burned.
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Retailers are announcing December U.S. same-store sales figures Thursday. Retail Metrics projected an overall gain of 3.8%.
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RadioShack traded up as much as 14% Tuesday morning on no particular good news. So what gives? Traders hitting the eggnog a little early?
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RadioShack shares traded at a multiyear low Wednesday, and the struggling retailer is on track to lose 90% of its value this year.
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RadioShack said in an SEC filing that it has signed an agreement with FTI Consulting for "advisory and interim management services."
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The race that began at the start of November and peaked around Thanksgiving is nearly over. Only 12 shopping days remain until Christmas.
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Walmart will cut prices until it can cut no more, or until it can no longer make money.
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RadioShack reported disappointing third-quarter 2015 results before markets opened Thursday morning.
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Common shareholders are nearly always the ones who take the brunt of a restructuring. Sears Holdings will have to restructure, probably sometime in the first half of next year.
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RadioShack is at odds with its lenders again. The battle is over whether the retailer can close 1,100 locations, among other things.
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J.C. Penney has more than 1,000 stores, and the retailer still loses money. So it stands to reason many locations are not profitable.
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RadioShack remains a company with an uncertain future, but a new effort is being tried in hopes that it may fix the ailing company's store traffic.
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