Thursday, September 11, 2014

"S&P Downgrades RadioShack To CCC-, Outlook Negative" $RSH

S&P comments:

"RadioShack Inc. continued to exhaust considerable cash in the second quarter and announced that it will look to seek additional capital that may include some form of debt restructuring. We believe the company will default or restructure in some form that is tantamount to a default within the next six months."

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