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RadioShack in talks to sell leases on stores to Sprint: Bloomberg
2015-01-16 01:24:51| IT Services - Topix.net
RadioShack Corp, expected to file for bankruptcy next month, is in talks to sell leases on some of its stores to telecoms operator Sprint Corp, Bloomberg said, citing a person with direct knowledge of the matter. The struggling electronics retailer is seeking to emerge from bankruptcy with 2,000 to 3,000 stores, compared with the more than 4,000 it has now, the source told Bloomberg.
RadioShack says lender invented allegations that it breached loan covenants
2014-12-11 18:21:30| Agriculture - Topix.net
RadioShack came out punching Tuesday, and the target of its right hooks and uppercuts was not Best Buy or Fry's but one of its own creditors - Salus Capital Partners, a hard-knuckle lender of last resort to struggling retailers, which is demanding all of its money back. The Fort Worth-based retailer, which arranged a crucial refinancing in October to avoid a bankruptcy filing, said it had received a notice from Salus, a unit of Harbinger Group, claiming that the deal violated terms of its $250 million loan.
Tags: loan
invented
lender
allegations
RadioShack Goes Big With the Black Friday Smartphone Deals
2014-11-20 18:59:44| PC Magazine Cell Phones Product Guide
Stores will open at 6 a.m. on Black Friday, but the deals actually begin at 8 a.m. on Thanksgiving.
Morning Movers: RadioShack Jumps as CFO Resigns; Terex Tumbles on Lower Guidance
2014-09-15 16:07:36| Industrial Machines - Topix.net
S&P 500 and Dow Jones Industrial Average futures are little changed this morning, while Nasdaq Compositefutures have risen 0.1%. Molson Coors Brewing has jumped 8.7% to $78.05 after SABMiller made a play for Heineken , increasing speculation that other brewers could be targeted for acquisitions.
Tags: lower
morning
guidance
movers
RadioShack in bankruptcy warning
2014-09-11 18:12:28| BBC News | Business | UK Edition
US electronics retailer RadioShack says that it is in talks to restructure the firm but warns that if an investment is not secured soon, it could be forced to declare bankruptcy.
Tags: warning
bankruptcy
radioshack
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