Radioshack Corporation (RSHCQ) 0.1050 $RSHCQ
Great American Capital Partners Closes $25 Million Term Loan to RadioShack
PR Newswire - Mon Jul 06, 8:15AM CDT
Great American Capital Partners, LLC (GACP), a wholly owned subsidiary of B. Riley Financial, Inc. (OTCBB: RILY), a diversified provider of financial and business advisory services, has led a $25 million senior secured first-in last-out (FILO) term loan to General Wireless Operations, Inc., doing business as RadioShack. The term loan is part of a $75 million financing package that includes a $50 million asset-based revolving credit facility led by RBC Capital Markets.
RadioShack Closes Financing Deal Totaling $75 Million
PR Newswire - Mon Jul 06, 7:56AM CDT
General Wireless Operations Inc., doing business as RadioShack, announced today that it has completed new financing totaling $75 million, consisting of a $50 million Asset Based Lending credit facility ("ABL"
led by RBC Capital Markets ("RBC" and a $25 million first-in last-out term loan led by Great American Capital Partners ("GACP". This financing will allow the company to continue investing in and improving the brand by enhancing its in-store experience, delivering an exciting new product mix of state-of-the-art electronics, and continue developing its game changing partnership with Sprint, building out more than a thousand "Sprint Stores at RadioShack" in locations across the country.
General Wireless acquires RadioShack brand
M2 - Thu Jul 02, 8:53AM CDT
General Wireless Operations Inc., doing business as RadioShack, said it has closed on a USD26.2 million purchase of the RadioShack brand, giving the company the ability to operate the retailer under the RadioShack brand name.
S: 3.78 (-0.12)
Sprint Reaches 4,500 Stores, Making it One of the Largest Retailers in the U.S.
Business Wire - Wed Jul 01, 9:00AM CDT
Sprint (NYSE: S) is rapidly expanding its retail distribution with its "store-within-a-store" concept at co-branded RadioShack locations.
S: 3.78 (-0.12)
General Wireless Acquires the RadioShack Brand
PR Newswire - Wed Jul 01, 8:30AM CDT
General Wireless Operations Inc., doing business as RadioShack, announced today that it has closed on a $26.2 million purchase of the RadioShack brand, giving the company the ability to operate the retailer under the RadioShack brand name.
S: 3.78 (-0.12)
Boombotix Now Available at RadioShack Retail Stores
Business Wire - Tue Jun 16, 9:00AM CDT
Boombotix, a leader in portable audio technology, announces today the availability of its ultraportable, rugged Bluetooth speakers in 1,700 RadioShack stores nationwide. RadioShack partnered with Boombotix as a way to reach target consumers who value personal interaction with music and have a vested, trusted relationship with the retail brand.
RadioShack Agrees to Protect AT&T, Verizon Customer Data
at The Street - Wed Jun 10, 4:01PM CDT
RadioShack is selling customer information to General Wireless but certain AT&T and Verizon data will now be excluded.
Wall Street Breakfast: PMI Data Weighs On Global Markets
Wall Street Breakfast - at Seeking Alpha - Thu May 21, 5:32AM CDT
SPLS: 15.39 (+0.14), AMZN: 443.51 (+9.12), OCR: 94.75 (-0.02), HAL: 41.33 (+0.02), DB: 31.91 (+1.75), RSH: 0.24 (-0.04), SHOP: 29.60 (+0.54), SPY: 207.48 (+2.58), QQQ: 107.65 (+1.62), EBAY: 62.37 (+0.60), S: 3.78 (-0.12), TGT: 83.91 (+0.87), LOW: 67.85 (+0.83), BP: 39.90 (+0.77), TMUS: 39.03 (+0.26), CRM: 71.14 (+1.18)
Bankruptcy judge approves of RadioShack IP sale
Seeking Alpha - at Seeking Alpha - Thu May 21, 2:51AM CDT
Judge won't reopen RadioShack intellectual property auction
By RANDALL CHASE - AP - Wed May 20, 5:08PM CDT
WILMINGTON, Del. (AP) — A Delaware bankruptcy judge on Wednesday refused to reopen a disputed auction for the sale of RadioShack's intellectual property, including trademarks and data on some 67 million customers of the electronics retailer.
Wall Street Breakfast: Dollar Crumbles, Hits Fresh Lows
Wall Street Breakfast - at Seeking Alpha - Thu May 14, 5:28AM CDT
AMZN: 443.51 (+9.12), CCOI: 32.52 (+0.33), WMT: 73.12 (+0.34), TM: 131.52 (+2.49), DISH: 68.81 (+1.80), T: 34.65 (+0.26), SPY: 207.48 (+2.58), QQQ: 107.65 (+1.62), S: 3.78 (-0.12), AOL: 49.99 (+0.03), DTV: 92.40 (+0.15), DD: 58.25 (+0.35), HMC: 31.68 (+0.38), VZ: 47.00 (+0.74), BABA: 80.30 (+1.26)
Standard General wins auction for RadioShack brand
Seeking Alpha - at Seeking Alpha - Thu May 14, 3:10AM CDT
Fidelity & Guaranty Life Reports Second Quarter Fiscal 2015 Results
PR Newswire - Wed May 06, 3:15PM CDT
Fidelity & Guaranty Life (NYSE: FGL), a leading provider of annuities and life insurance, today reported a net loss of $12 million or $0.21 per diluted common share for the second quarter of fiscal 2015 ended on March 31, 2015(1) including after-tax credit impairment losses of $33 million. Approximately $32 million of the after-tax credit impairment losses relate to a decline in fair value of holdings related to RadioShack Corporation ("RadioShack". The Company reported adjusted operating income of $23 million, or $0.40 per diluted share, compared to adjusted operating income of $48 million or $0.82 per diluted share, in the prior year period, which included a $35 million favorable tax benefit.
FGL: 23.94 (+0.07)
RadioShack Set to Put Intellectual Property, Last Store Leases on the Auction Block
at The Street - Wed Apr 29, 8:44AM CDT
The final tranche of leases for RadioShack's closed stores should hit the auction block soon, and the bankruptcy judge has verbally approved bidding procedures for its intellectual property.
S: 3.78 (-0.12)
RadioShack agrees to mediation over sale of customer data
By RANDALL CHASE - AP - Tue Apr 28, 6:01PM CDT
WILMINGTON, Del. (AP) — A Delaware bankruptcy judge said Tuesday that he's willing to approve bid procedures for the sale of RadioShack's intellectual property, including data on millions of customers. But he warned there's no guarantee he will approve the sale itself.
T: 34.65 (+0.26)
RadioShack Intellectual Property to be Sold
GlobeNewswire - Thu Apr 23, 9:05AM CDT
Hilco Streambank (www.hilcostreambank.com) announced that on behalf of certain lenders, it is assisting RadioShack Corporation (OTCMKTS: RSHCQ) in soliciting offers to acquire certain assets. The assets include certain U.S and Foreign registered Trademarks, 73 active and pending patent applications, the RadioShack customer database including 8.5MM opt-in email addresses, 295 registered domains - including "RadioShack.com" "Tandy.com", "TheShack.com" and "Ignition.com", the Company's franchise and dealer network and infrastructure, and the Company's Global Sourcing Business. The Assets will be sold in a sale under Section 363 of the Bankruptcy Code in the Chapter 11 case pending in the United States Bankruptcy Court for the District of Delaware. The proposed bid deadline is May 6th 4PM EDT with an auction scheduled in New York, NY on May 11th 10AM EDT.
The 3 Best Stocks to Invest in Electronics Retailers
Sam Mattera, The Motley Fool - Motley Fool - Tue Apr 21, 9:05AM CDT
Consumer electronics retail is a brutal business. A number of once large and dominant companies have been lost to bankruptcy, including Circuit City and, more recently, RadioShack . Investors looking for exposure don't have that many options, and...
AMZN: 443.51 (+9.12), GME: 46.96 (+0.06), BBY: 33.93 (+0.26), AAPL: 123.28 (+3.21)
Bankruptcies Suddenly Soar Across Corporate America, Worst First Quarter Since 2009
at The Street - Fri Apr 17, 7:57AM CDT
And it's not just in the troubled oil and gas sector, but in retail, healthcare, mining, finance and more.
ANV: 0.86 (unch), CZR: 6.45 (+0.12)
Now if you buy a Sprint phone you can get it set up at home
By The Associated Press - AP - Mon Apr 13, 11:57AM CDT
A new customer strategy for Sprint: Phone setup in your house.
S: 3.78 (-0.12), VZ: 47.00 (+0.74)
Great American Capital Partners Closes $25 Million Term Loan to RadioShack
PR Newswire - Mon Jul 06, 8:15AM CDT
Great American Capital Partners, LLC (GACP), a wholly owned subsidiary of B. Riley Financial, Inc. (OTCBB: RILY), a diversified provider of financial and business advisory services, has led a $25 million senior secured first-in last-out (FILO) term loan to General Wireless Operations, Inc., doing business as RadioShack. The term loan is part of a $75 million financing package that includes a $50 million asset-based revolving credit facility led by RBC Capital Markets.
RadioShack Closes Financing Deal Totaling $75 Million
PR Newswire - Mon Jul 06, 7:56AM CDT
General Wireless Operations Inc., doing business as RadioShack, announced today that it has completed new financing totaling $75 million, consisting of a $50 million Asset Based Lending credit facility ("ABL"
led by RBC Capital Markets ("RBC" and a $25 million first-in last-out term loan led by Great American Capital Partners ("GACP". This financing will allow the company to continue investing in and improving the brand by enhancing its in-store experience, delivering an exciting new product mix of state-of-the-art electronics, and continue developing its game changing partnership with Sprint, building out more than a thousand "Sprint Stores at RadioShack" in locations across the country. General Wireless acquires RadioShack brand
M2 - Thu Jul 02, 8:53AM CDT
General Wireless Operations Inc., doing business as RadioShack, said it has closed on a USD26.2 million purchase of the RadioShack brand, giving the company the ability to operate the retailer under the RadioShack brand name.
S: 3.78 (-0.12)
Sprint Reaches 4,500 Stores, Making it One of the Largest Retailers in the U.S.
Business Wire - Wed Jul 01, 9:00AM CDT
Sprint (NYSE: S) is rapidly expanding its retail distribution with its "store-within-a-store" concept at co-branded RadioShack locations.
S: 3.78 (-0.12)
General Wireless Acquires the RadioShack Brand
PR Newswire - Wed Jul 01, 8:30AM CDT
General Wireless Operations Inc., doing business as RadioShack, announced today that it has closed on a $26.2 million purchase of the RadioShack brand, giving the company the ability to operate the retailer under the RadioShack brand name.
S: 3.78 (-0.12)
Boombotix Now Available at RadioShack Retail Stores
Business Wire - Tue Jun 16, 9:00AM CDT
Boombotix, a leader in portable audio technology, announces today the availability of its ultraportable, rugged Bluetooth speakers in 1,700 RadioShack stores nationwide. RadioShack partnered with Boombotix as a way to reach target consumers who value personal interaction with music and have a vested, trusted relationship with the retail brand.
RadioShack Agrees to Protect AT&T, Verizon Customer Data
at The Street - Wed Jun 10, 4:01PM CDT
RadioShack is selling customer information to General Wireless but certain AT&T and Verizon data will now be excluded.
Wall Street Breakfast: PMI Data Weighs On Global Markets
Wall Street Breakfast - at Seeking Alpha - Thu May 21, 5:32AM CDT
SPLS: 15.39 (+0.14), AMZN: 443.51 (+9.12), OCR: 94.75 (-0.02), HAL: 41.33 (+0.02), DB: 31.91 (+1.75), RSH: 0.24 (-0.04), SHOP: 29.60 (+0.54), SPY: 207.48 (+2.58), QQQ: 107.65 (+1.62), EBAY: 62.37 (+0.60), S: 3.78 (-0.12), TGT: 83.91 (+0.87), LOW: 67.85 (+0.83), BP: 39.90 (+0.77), TMUS: 39.03 (+0.26), CRM: 71.14 (+1.18)
Bankruptcy judge approves of RadioShack IP sale
Seeking Alpha - at Seeking Alpha - Thu May 21, 2:51AM CDT
Judge won't reopen RadioShack intellectual property auction
By RANDALL CHASE - AP - Wed May 20, 5:08PM CDT
WILMINGTON, Del. (AP) — A Delaware bankruptcy judge on Wednesday refused to reopen a disputed auction for the sale of RadioShack's intellectual property, including trademarks and data on some 67 million customers of the electronics retailer.
Wall Street Breakfast: Dollar Crumbles, Hits Fresh Lows
Wall Street Breakfast - at Seeking Alpha - Thu May 14, 5:28AM CDT
AMZN: 443.51 (+9.12), CCOI: 32.52 (+0.33), WMT: 73.12 (+0.34), TM: 131.52 (+2.49), DISH: 68.81 (+1.80), T: 34.65 (+0.26), SPY: 207.48 (+2.58), QQQ: 107.65 (+1.62), S: 3.78 (-0.12), AOL: 49.99 (+0.03), DTV: 92.40 (+0.15), DD: 58.25 (+0.35), HMC: 31.68 (+0.38), VZ: 47.00 (+0.74), BABA: 80.30 (+1.26)
Standard General wins auction for RadioShack brand
Seeking Alpha - at Seeking Alpha - Thu May 14, 3:10AM CDT
Fidelity & Guaranty Life Reports Second Quarter Fiscal 2015 Results
PR Newswire - Wed May 06, 3:15PM CDT
Fidelity & Guaranty Life (NYSE: FGL), a leading provider of annuities and life insurance, today reported a net loss of $12 million or $0.21 per diluted common share for the second quarter of fiscal 2015 ended on March 31, 2015(1) including after-tax credit impairment losses of $33 million. Approximately $32 million of the after-tax credit impairment losses relate to a decline in fair value of holdings related to RadioShack Corporation ("RadioShack"
. The Company reported adjusted operating income of $23 million, or $0.40 per diluted share, compared to adjusted operating income of $48 million or $0.82 per diluted share, in the prior year period, which included a $35 million favorable tax benefit. FGL: 23.94 (+0.07)
RadioShack Set to Put Intellectual Property, Last Store Leases on the Auction Block
at The Street - Wed Apr 29, 8:44AM CDT
The final tranche of leases for RadioShack's closed stores should hit the auction block soon, and the bankruptcy judge has verbally approved bidding procedures for its intellectual property.
S: 3.78 (-0.12)
RadioShack agrees to mediation over sale of customer data
By RANDALL CHASE - AP - Tue Apr 28, 6:01PM CDT
WILMINGTON, Del. (AP) — A Delaware bankruptcy judge said Tuesday that he's willing to approve bid procedures for the sale of RadioShack's intellectual property, including data on millions of customers. But he warned there's no guarantee he will approve the sale itself.
T: 34.65 (+0.26)
RadioShack Intellectual Property to be Sold
GlobeNewswire - Thu Apr 23, 9:05AM CDT
Hilco Streambank (www.hilcostreambank.com) announced that on behalf of certain lenders, it is assisting RadioShack Corporation (OTCMKTS: RSHCQ) in soliciting offers to acquire certain assets. The assets include certain U.S and Foreign registered Trademarks, 73 active and pending patent applications, the RadioShack customer database including 8.5MM opt-in email addresses, 295 registered domains - including "RadioShack.com" "Tandy.com", "TheShack.com" and "Ignition.com", the Company's franchise and dealer network and infrastructure, and the Company's Global Sourcing Business. The Assets will be sold in a sale under Section 363 of the Bankruptcy Code in the Chapter 11 case pending in the United States Bankruptcy Court for the District of Delaware. The proposed bid deadline is May 6th 4PM EDT with an auction scheduled in New York, NY on May 11th 10AM EDT.
The 3 Best Stocks to Invest in Electronics Retailers
Sam Mattera, The Motley Fool - Motley Fool - Tue Apr 21, 9:05AM CDT
Consumer electronics retail is a brutal business. A number of once large and dominant companies have been lost to bankruptcy, including Circuit City and, more recently, RadioShack . Investors looking for exposure don't have that many options, and...
AMZN: 443.51 (+9.12), GME: 46.96 (+0.06), BBY: 33.93 (+0.26), AAPL: 123.28 (+3.21)
Bankruptcies Suddenly Soar Across Corporate America, Worst First Quarter Since 2009
at The Street - Fri Apr 17, 7:57AM CDT
And it's not just in the troubled oil and gas sector, but in retail, healthcare, mining, finance and more.
ANV: 0.86 (unch), CZR: 6.45 (+0.12)
Now if you buy a Sprint phone you can get it set up at home
By The Associated Press - AP - Mon Apr 13, 11:57AM CDT
A new customer strategy for Sprint: Phone setup in your house.
S: 3.78 (-0.12), VZ: 47.00 (+0.74)
