RadioShack Says Goodbye to the 80s and One Thousand Stores - Presented by: The Aol. On Network

A peppy Superbowl advertisement starring 80s legends was RadioShack's Hail Mary pass, because it is losing money at a rate no analyst expected. The electronics retailer will close 1,100, or one-fifth, of its stores following a rough fourth quarter. RadioShack reported revenue fell more than 20% to $935 million, while its quarterly net loss was $1.29 a share. Wall Street had forecast a net loss of 14 cents a share. RadioShack shares are tumbling in Tuesday trading on the announcement.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
HCA $ 73 4.36 ▲ 6.35%
BAC $ 15.85 0.12 ▲ 0.76%
AAPL $ 113.10 0.12 ▲ 0.11%
OCN $ 6.91 0.56 ▲ 8.82%
GE $ 24.59 0.11 ▲ 0.45%
MSFT $ 47.01 0.17 ▼ 0.36%
SIRI $ 3.66 0.09 ▲ 2.52%
SWY $ 35.10 0.19 ▼ 0.54%

As of 1/26/2015, 04:06 PM
More Most Active

Latest News Headlines

View All