RadioShack Corporation (RSH) To Seek New Financing By Year End

RadioShack Corporation (NYSE:RSH) will seek new financing by the end of the current year, according to reports emerging this afternoon from Bloomberg.The ailing electronics retailer has had a rough time so far in 2013, though investors have backed the firm in the hopes it can reinvent itself. The market appears disappointed in the news that RadioShack will seek additional financing at time of writing.

According to the report, RadioShack Corporation (NYSE:RSH) will seek to take on debt before the year is out. Moody's Corporation (NYSE:MCO) rates the firm's debt at...