Running Head: RadioShack Corporation
Financial Analysis: RadioShack Corporation
Financial Analysis: RadioShack Corporation
RadioShack Corporation (The Company) was established in 1921 in Boston Massachusetts. The Company got its name from the wooden structure on Navy ships where the wireless radio and equipment housed. The founders thought the name appropriate for a retail store in which one could purchase radio equipment. The Company was incorporated in Delaware in 1967 and is now one of the leading retailers in consumer electronics goods and services. The Company’s product line includes telephones, televisions, computers and computer accessories, satellite systems, home entertainment, digital cameras, and much more. The Company also provides consumers access to third-party services such as telephone, satellite, and cable.
RadioShack Corporation is a publicly traded company on the New York Stock Exchange (NYSE). The Company began trading on the NYSE on November 14, 1960 under the symbol TAN. At the time The Company name was Tandy Corporation, owned by Charles Tandy. Shareholders now recognize The Company by its ticker symbol, RSH. RSH is located on the NYSE in the Retail (Technology) industry. As of November 5, 2007, The Company ranks closely with some of the top retailers within that industry, including Best Buy and Circuit City. In Market Capitalization, The Company ranks third with Best Buy being first and Circuit City coming in fourth. In Top Dividend Payouts, The Company ranks second with Circuit City being first and Best Buy third. The Chart below is from www.investor.reuters.com and it demonstrates The Company’s ranking within the market.
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