Investors in beleaguered electronics retailer Best Buy (BBY) finally have some good news to celebrate. Shares surged nearly 20% Monday morning after the company's founder, Richard Schulze, announced that he was leading a group that has offered to take the company private.
Getting Best Buy out of the glare of finicky short-term oriented investors could help the struggling company get back on track. But will it really make that much of MOREPaul R. La Monica - Aug 6, 2012 10:03 AM ET
Investors have plenty of questions about the future of RadioShack following a dismal earnings report, but the electronics retail is still claiming to have the answers.
As it delivered a surprise $21 million loss for the second quarter, RadioShack (RSH) said it would also suspend its dividend program to help bolster its balance sheet. A balance sheet that's saddled with $679 million of debt, including an upcoming debt maturity of $375 MOREHibah Yousuf - Jul 25, 2012 12:25 PM ET
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