Does RadioShack (RSH) Like Its Investors? (JCP)
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RadioShack (RSH) Financing Buys it Time - Goldman
October 22, 2013 9:36 AM EDTOn Tuesday, RadioShack Corporation (NYSE: RSH) reported Q3 EPS of ($1.11), $0.75 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $805 million versus the consensus estimate of $893.44 million. The Company also announced that it has received commitments for $835 million of a new five-year debt... More
RadioShack (RSH) Taps JCPenney's (JCP) Paul Rutenis as Merchandising Chief
October 22, 2013 7:46 AM EDTRadioShack Corporation (NYSE: RSH) today announced the appointments of Paul Rutenis as senior vice president, chief merchandising officer and Janet Fox as senior vice president of global sourcing.
The addition of these retail veterans represents a key component of the company's strategy to revamp its product assortment, reinvigorate stores, and increase its operational efficiency, three of the five pillars of the company's operational turnaround plan.
Chief Executive Officer Joseph C. Magnacca said, "We are very happy to have Paul and Janet join our... More
RadioShack (RSH) Posts Q3 Loss of $1.11/Share; Comps Down 8.4%
October 22, 2013 7:06 AM EDTRadioShack Corp. (NYSE: RSH) reported Q3 EPS of ($1.11), $0.75 worse than the analyst estimate of ($0.36). Revenue for the quarter came in at $805 million versus the consensus estimate of $893.44 million.
The decline was driven by an 8.4% decrease in comparable store sales due to reduced... More
UPDATE: RadioShack Corp. (RSH): GE to Refinance $835M in Debt- DJ
October 21, 2013 3:39 PM EDT(Updated - October 21, 2013 3:42 PM EDT)
RadioShack Corp. (NYSE: RSH) stock moved higher on Monday following reports the company secured new financing from GE Capital. According to DJ sources, GE Capital will refinance $835 million in debt.... More
