Daily News: July 23, 2013

Reuters: RadioShack Names Turnaround Expert as Interim CFO


Reuters reported that RadioShack named Holly Etlin, a managing director at turnaround firm AlixPartners, as interim chief financial officer. Reuters said that RadioShack anticipates a turnaround to take several quarters.

The article added that RadioShack’s Q2 net loss widened to $53.1 million or 53 cents a share, from $21 million, or 21 cents a share, a year earlier.

To read the full Reuters article click here.