The KUIK Closing Market Report for Thursday, March 12: |
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Markets were up. |
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Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Up |
260 |
points |
17,895 |
1:59 PM |
|
|
S&P500 |
Up |
1.3% |
percent |
2,066 |
|
25.71 |
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Nasdaq Composite |
Up |
0.9% |
percent |
4,893 |
|
43.35 |
|
30 Year Treasury |
Unchanged |
– |
Basis Points |
2.68 |
Annual Yield |
|
|
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RadioShack warned that there will be no recovery for holders of its common stock in its pending bankruptcy. The retailer issued a statement in light of trading in its stock, which closed today at 18 cents on volume of more than a million shares. It closed as high as 21 cents earlier this week. The company filed for Chapter 11 February. 5. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/radioshack-warns-stock-holders-not-to-expect-any-recovery-in-bankruptcy-proceedings-2015-03-12?link=MW_Nav_EP |
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For today’s Closing Market Report click to listen-> |
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