29.07.2014 15:06:00
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RadioShack Corporation -- Moody's: RadioShack liquidity may not be around long enough for turnaround
New York, July 29, 2014 -- RadioShack's deteriorating liquidity gives the company a limited window for executing a turnaround in sales and earnings, says Moody's Investors Service in the report "RadioShack Liquidity Runway May Not Be Long Enough for a Turnaround." Moody's says that liquidity is adequate for another year, with no debt maturities coming due, but that its base case scenario for RadioShack has the company running through its liquidity by the end of October 2015.