Tag Archives: Sell

PENSION THREAT: Warning for pensioners over government plans to sell off retirement income

Amid fears consumers will lose out, Hargreaves Lansdown has said it won’t facilitate the sale of annuities by pensioners to investors. Prior to April last year, retirees were obliged to use their pension savings to buy the insurance products that pay a set income for the rest of their life. The requirement was scrapped after pensioners all too often ended ...

Read More »

RadioShack files for bankruptcy protection, to sell stores

advertisement | advertise on newsday This Tuesday, Feb. 3, 2015 file photo shows a RadioShack store in Dallas. (Credit: AP) A diminished RadioShack will live on, but its future may lie with Sprint. Struggling consumer electronics chain RadioShack, founded nearly a century ago, filed for Chapter 11 bankruptcy protection late Thursday. It plans to sell 1,500 to 2,400 stores to ...

Read More »

RadioShack Files for Bankruptcy, to Sell 2,400 Stores

Filed under: Bankruptcy, Company News, Retail, Consumer Electronics, Stores By Nick Brown Electronics retailer RadioShack (RSH) filed for U.S. bankruptcy protection Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder. Wireless company Sprint (S) would operate as many as 1,750 ...

Read More »