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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 ...
Having spent less than US$150,000 on development, Radio Shack announced the TRS-80 (Tandy Radio Shack) at a New York City press conference on August 3, 1977. [18] It cost US$399 (equivalent to $2,000 in 2023), or US$599 (equivalent to $3,000 in 2023) with a 12" monitor and a Radio Shack tape recorder; the most expensive product Radio Shack previously sold was a US$500 stereo.
What: Shares of Radio Shack took an afternoon dive today, falling as much as 23% after trade publication Debtwire revealed that the company is on the verge of a liquidity crisis.
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TRS-80 Model 4, 1983 non-gate array version. Tandy Corporation introduced the TRS-80 Model 4 on April 26, 1983 as the successor to the TRS-80 Model III. The Model 4 has a faster Z80A 4 MHz CPU, [5] larger video display of 80 columns by 24 rows, bigger keyboard, and can be upgraded to 128KB of RAM. It is compatible with Model III software and CP ...
The following is a round-up of news likely to affect stock prices today: Oracle ... Stocks in the News: Oracle, RadioShack, Accenture. Melly Alazraki. Updated July 14, 2016 at 9:01 PM.