Some of the names on the move ahead of the open.
March 4- Struggling retailer RadioShack Corp reported a wider quarterly loss on Tuesday and said it will close up to 1,100 U.S. stores after a huge drop in sales over the holidays, sending the stock down more than 15 percent. Its net loss widened to $191.4 million, or $1.90 a share, in the fourth quarter, from $63.3 million, or 63 cents, a year earlier.
NEW YORK, March 4- Struggling retailer RadioShack Corp said on Tuesday it plans to close up to 1,100 stores in the United States after reporting a huge drop in sales over the holidays. The company also reported that fourth-quarter sales fell to $935.4 million from $1.17 billion in the year-ago period.
Autozone Inc. rose $2.79 or. 5 percent, to $541.23. Bed Bath& Beyond Inc. rose$. 04 or. 1 percent, to $67.86. RadioShack rose$. 04 or 1.5 percent, to $2.72.
Autozone Inc. fell$. 02 or percent, to $538.44. Bed Bath& Beyond Inc. rose$. 42 or. 6 percent, to $67.82. Best Buy rose $1.06 or 4.1 percent, to $26.63.
Autozone Inc. rose $1.22 or. 2 percent, to $539.68. Bed Bath& Beyond Inc. rose$. 51 or. 8 percent, to $67.91. Best Buy rose$. 81 or 3.1 percent, to $26.38.
Autozone Inc. rose $3.42 or. 6 percent, to $538.46. Bed Bath& Beyond Inc. fell$. 74 or 1.1 percent, to $67.40. Best Buy fell$. 25 or 1.0 percent, to $25.57.
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Autozone Inc. fell $4.26 or. 8 percent, to $535.04. Bed Bath& Beyond Inc. rose$. 95 or 1.4 percent, to $68.14. Best Buy rose$. 51 or 2.0 percent, to $25.82.
Autozone Inc. fell$. 59 or. 1 percent, to $538.71. Bed Bath& Beyond Inc. rose $1.08 or 1.6 percent, to $68.27. Best Buy rose$. 28 or 1.1 percent, to $25.59.
Autozone Inc. fell$. 25 or percent, to $539.05. Bed Bath& Beyond Inc. rose$. 77 or 1.1 percent, to $67.96. Best Buy rose$. 10 or. 4 percent, to $25.41.
RadioShack has a decent shot at turning around and is nowhere near bankruptcy. Any signs of improvement would delight investors.
U.S. electronics chain RadioShack is planning to close about 500 stores within months, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
NEW YORK, Feb 4- U.S. electronics chain RadioShack Corp is planning to close about 500 stores within months, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. RadioShack has been working with bankers from Peter J Solomon Co to boost its liquidity and with AlixPartners on its operational turnaround.
Happy Friday. Condolences to those who live in a town where JCPenney is closing a store. Tough break.
These companies will have to make significant changes if they're to become a Wall Street comeback story. The Fiscal Times reports.
Many factors could affect whether shoppers open their wallets this holiday season. But one thing is clear: The pressure is on.
Some stocks that investors had given up for dead are defying the norm and finding new life in the current rally.
Oct 22- Higher costs and weaker sales made RadioShack Corp post a much deeper loss than analysts were expecting in the third quarter, increasing pressure on the struggling U.S. electronics retailer as it heads into the holiday season. RadioShack's sales have been in free-fall amid executive departures, strong competition and an image problem.
Oct 22- RadioShack Corp posted a much deeper loss than analysts were expecting and confirmed that it has received commitments for $835 million in new debt financing.