Business Latest News: RadioShack Loss Widens, Turnaround Expert is Named Interim CFO

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Business Latest News: RadioShack Loss Widens, Turnaround Expert is Named Interim CFO

Business Latest News: RadioShack Loss Widens, Turnaround Expert is Named Interim CFO
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Business Latest News: RadioShack Loss Widens, Turnaround Expert is Named Interim CFO

by Wochit 0:47 mins

Business Latest News: RadioShack Loss Widens, Turnaround Expert is Named Interim CFO

by Wochit 0:47 mins

Electronics retailer RadioShack Corp reported a wider-than-expected quarterly loss and named a turnaround expert as its interim financial chief. United Parcel Service posted a smaller quarterly profit as customers, especially on international routes, chose slower, cheaper shipping services. Stock index futures pared gains to trade flat, pressured by a decline in McDonald's shares after its results and as investors booked profits after the S&P 500 index hit yet another closing high to end last week.

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