Monday, June 9, 2014

"RadioShack Investors Reject Executive Pay for Second Year" $RSH


"About 55 percent of votes were cast against the compensation plan in a nonbinding referendum at last week’s shareholder meeting, not counting abstaining investors, the Fort Worth, Texas-based company said today in a filing. That was up from 53 percent last year.

RadioShack, which reports first-quarter results tomorrow, has posted eight quarters of losses because of waning product demand and competition from Inc. and Wal-Mart Stores Inc."

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