RadioShack Scores with Investors

Shares of the electronics retailer jumped Tuesday after it reported improved quarterly results

When RadioShack (RSH) in October announced a money-losing third quarter, its new CEO Julian Day insisted that the consumer electronics retailer had already taken crucial steps to turn itself around. Now, after cutting costs and pushing to sell faster-moving products like MP3 players, the Fort Worth (Tex.) company said on Feb. 27 that it posted a profit during the fourth quarter.

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