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From 2000 to 2011, RadioShack spent US$2.6 billion repurchasing its own stock in an attempt to prop up a share price which fell from US$24.33 to US$2.53; the buyback and the stock dividend were suspended in 2012 to conserve cash and reduce debt as the company continued to lose money. [113]
Tandy Corporation was an American family-owned leather -goods company based in Fort Worth, Texas, United States. Tandy Leather was founded in 1919 as a leather supply store. By the end of the 1950s, under the tutelage of then-CEO Charles Tandy, the company expanded into the hobby market, making leather moccasins and coin purses, making huge ...
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The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American market by capitalization.
The article Why Radio Shack Stock Was in the Dumps originally appeared on Fool.com. Fool contributor Jeremy Bowman has no position in any stocks mentioned. The Motley Fool recommends Amazon.com.
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Realistic was a private label consumer electronics brand produced by RadioShack. Initially only a home audio equipment brand, its product line expanded to include CB radios, walkie-talkies, and video camcorders by the 1980s. The brand was discontinued in 1994, but revived for a short time in 2016 for use on Bluetooth devices sold by the chain.
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, embattled electronics retailer RadioShack (NYS: RSH) has ...