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MAY 09, 2014 - MarketWatch

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RadioShack trades near its all-time low

NEW YORK (MarketWatch) -- Struggling electronics retailer RadioShack Corp. shares slumped 8.8% to $1.34 on Friday, near its all-time closing low of $1.31 on Monday. Since the beginning of this year, the stock has lost almost half of its value. RadioShack suffered a major blow and said late Thursday that its plan to shutter up to 1,100 stores, or about a quarter of its total, will no longer proceed as planned. "The terms on which the lenders are currently willing to provide this consent are no longer acceptable to the company," RadioShack said in a regulatory filing. Its credit agreement ... Read More

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