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Walmart Cuts More Prices
Wal-Mart Stores Inc. (NYSE: WMT) will cut prices until it can cut no more. Or, on the other hand, cut them until it can no longer make money. Perhaps it does not matter too much in management’s eyes....
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10 Shopping Days Until Christmas
The race that began at the start of November, peaked on Thanksgiving — or Black Friday or Cyber Monday — is nearly over. Only 10 shopping days remain until Christmas. Among the retailers and shipping...
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RadioShack Still Looking for Cash
In a filing with the U.S. Securities and Exchange Commission (SEC) Tuesday morning, RadioShack Corp. (NYSE: RSH) said it has signed an agreement with FTI Consulting for “advisory and interim management...
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How RadioShack Could Lose 90% of Its Value This Year
RadioShack Corp.’s (NYSE: RSH) shares traded at $0.33 Wednesday, down from a 52-week high of $2.79. One more tiny slip by management, lower same-store sales or ongoing fighting with its bond holders...
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What Lit the Fire Under RadioShack Shares?
RadioShack Corp. (NYSE: RSH) traded up as much as 14% Tuesday morning on no particular good news. In fact the only news we have seen on the company is a bit from CNBC in which an analyst from BB&T...
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December Retail Sales Gains Signal Good Holiday Quarter
Retailers are announcing December U.S. same-store sales figures Thursday. Research firm Retail Metrics projected an overall gain of 3.8% year-over-year. In December of 2013, retail same-store sales...
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RadioShack Stock Moves Toward Zero
Some investors bought shares of RadioShack Corp. (NYSE: RSH) at a 52-week high of $2.79. Others bought shares at $4.14 in May 2013. All those investors, and almost any others who bought RadioShack’s...
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The End May Be in Sight for RadioShack
RadioShack Corp. (NYSE: RSH) is reportedly in discussions with Sprint Corp. (NYSE: S) about a bankruptcy deal that would have Sprint acquire about half of RadioShack’s store leases. The rest of the...
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Sprint Gets to Double Its Store Count in RadioShack Bankruptcy Deal
It is finally official. RadioShack has filed for bankruptcy. This may be a sad day in retail, but if you have been a reader of 24/7 Wall St. for very long then you will not be surprised at all. Now we...
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Are RadioShack Investors Just Refusing to Accept Their Fate?
It takes a very brave speculator, or a really stupid one, to invest in a delisted stock of a bankrupt company. Investors in the delisted RadioShack stock apparently just refuse to accept the fact that...
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