Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Future of Government Data Centers
- The Future of IT: How CIOs Can Enable the Service-Oriented Enterprise
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Mitigating Insider Threats in Virtual & Cloud Environments
- Modern Mission Critical Series
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
- Air Traffic Management Transformation Report
- Cloud First Report
- General Dynamics IT Enterprise Center
- Gov Cloud Minute
- Government in Technology Series
- Homeland Security Cybersecurity Market Report
- National Cybersecurity Awareness Month
- Technology Insights
- The Cyber Security Report
- The Next Generation Cyber Security Experts
Shows & Panels
Ahead of the Bell: RadioShack
Tuesday - 1/15/2013, 6:55am EST
NEW YORK (AP) - RadioShack climbed nearly 8 percent in premarket trading Tuesday after the electronics retailer said it would close down its mobile phone centers in Target stores, an operation that analysts see as a money loser.
Late Monday, the company said that it had been renegotiating the terms of its relationship since October, but that an agreement was out of reach. The contract will expire in April.
RadioShack Corp. struck a deal to operate Target Mobile in 2010, allowing people to buy mobile phones, activate contracts and buy accessories in Target stores.
Stifel Nicolaus analyst David Schick called the venture a money loser and he believes RadioShack will be able to illustrate the benefits of ending the agreement as early as the second quarter of this year.
A representative for Target Corp. could not be reached immediately for comment.
Shares of RadioShack Corp. gained 18 cents to $2.49 before the market open.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)