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RadioShack is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP it tries to avert bankruptcy.
Sept 12- RadioShack Corp is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP as the U.S. electronics retailer tries to avert bankruptcy, the Wall Street Journal reported, citing people familiar with the matter.
Sept 12- RadioShack Corp confronts an uncomfortable fact as it considers filing for bankruptcy to give it time to overhaul its 4,400 electronics stores: Retailers rarely emerge from bankruptcy.
A close look at RadioShack's business, what realistically can save the retailer, with Larry Perkins, SierraConstellation Partners CEO.
Stocks cut losses to close mixed on Thursday as geopolitical tensions lingered ahead of consumer data.
RadioShack reported Q2 earnings showing a 20 percent drop in same-store sales. CNBC's Herb Greenberg shares his opinions on the company's press release.
Despite refreshed stores and updated products, RadioShack has failed to get the message out to shoppers that things are different.
NEW YORK, Sept 11- Shares of Five Below, Men's Wearhouse and Restoration Hardware were lower on Thursday following results and forecasts. Shares of Restoration Hardware were down 2.8 percent, a day after it cut its full-year sales forecast. Five Below shares were down 0.9 percent after it said it expects current-quarter sales to be flat to slightly positive.
RadioShack reported its tenth straight quarterly loss and said it was in advanced talks with a number of parties to raise capital.
The theory is that Alibaba is such a gigantic offering that it is reducing interest in other IPOs anywhere on or near the horizon.
Sept 11- Troubled electronics retailer RadioShack Corp said it may need to file for bankruptcy protection if its cash situation worsens, after reporting its tenth straight quarterly loss.
Stock index futures pointed to a weaker open on Wall Street after President Barack Obama announced new plans to fight Islamic State militants.
NEW YORK, Sept 11- JDS Uniphase and Lululemon Athletica Inc were among the biggest premarket movers on Thursday, with both companies moving on heavy volume and on track for their biggest one-day jumps in years.
Sept 11- Troubled electronics retailer RadioShack Corp said it may need to file for bankruptcy if its cash situation worsens, after reporting its tenth straight quarterly loss. RadioShack, whose sales have been in a free-fall since 2010, said it was working with its lenders and landlords to restructure its debt and cut costs.
Some of the names on the move ahead of the open.
Sept 11- Troubled electronics retailer RadioShack Corp reported its tenth straight quarterly loss and said it was in advanced talks with a number of parties to raise capital. The company's net loss widened to $137.4 million, or $1.35 per share, in the second quarter ended Aug. 2 from $52.2 million, or 51 cents per share, a year earlier.
Sept 10- Troubled electronics retailer RadioShack Corp, whose shares swung wildly on Wednesday, is being advised by a restructuring attorney at law firm Jones Day as it tries to strike a deal with creditors to close stores while averting bankruptcy, two people close to the matter told Reuters.
Is RadioShack still the popular electronic retail store it once was? Here is a look at RadioShack through the years.
CNBC's Morgan Brennan reports on another tough session for RadioShack a day after Wedbush Securities warned bankruptcy is looming.
NEW YORK, Sept 10- Shares of electronics retailer RadioShack were down sharply for a second straight session on Wednesday as Wedbush Securities said a bankruptcy filing was imminent. RadioShack, due to report its second-quarter results early Thursday, was down 10.1 percent to $0.8451.