The Traderszone Network

Published in TZ Latest News 11 September, 2014 by The TZ Newswire Staff

RadioShack says may file for bankruptcy

RadioShack, whose sales have been in free-fall since 2010 as it struggles to compete with internet retailers, said in a regulatory filing it was working with its lenders and landlords to restructure its debt and cut costs. RadioShack shares, which are in danger of being delisted from the New York Stock Exchange, were up 2 percent at 95 cents in volatile early trading.