RadioShack’s (RSH) Situation Getting Shakier

Standard & Poor’s has further lowered its corporate credit rating on RadioShack (RSH) one notch to ‘CCC’ from ‘CCC+’, citing the company’s poor profitability and its “very weak” operating trends, which have led to significant liquidity usage. The rating outlook is negative, meaning the once-dominant consumer electronics retailer is dependent on favorable financial and economic […] View the full post at: RadioShack’s (RSH) Situation Getting Shakier Related posts: Rosenberg on the Truth About Retail Sales Unlike Amex, Capital One Defaults Worsening President of Visa Inc. Steps Down