[Reuters] RadioShack burns through cash in failed attempt to stem losses

Posted by: UGN Security

[Reuters] RadioShack burns through cash in failed attempt to stem losses - 06/10/14 01:35 PM

(Reuters) - U.S. electronics retailer RadioShack Corp reported its ninth straight quarterly loss and is burning through cash as it struggles to sustain its turnaround efforts, which so far have failed to bear fruit.