What Does the Future Hold For RadioShack?

Michael Pachter, managing director of equity research at Wedbush Securities joins us from Los Angeles to talk about the future of electronics retailer, RadioShack Corp.
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Michael Pachter, managing director of equity research at Wedbush Securities joins us from Los Angeles to talk about the future of electronics retailer, RadioShack Corp. (RSH). He reviews the struggling company ahead of its fiscal second quarter earnings report expected before market open on Thursday. Bankruptcy looks imminent for RadioShack as its operational decisions are now taken over by creditors and equity investors. Analysts are estimating earnings of a loss of $0.36 a share on revenue of $3.03 billion for the quarter For the latest financial news and updates from Wall Street, check back here on TheStreet.com throughout the day.