I'm stoked how well Michel Combes has transformed this company....he should be named "CEO OF THE YEAR."
NO, YOU'RE WRONG......It's all about timing and this is the time they are in a series of maneuvers to revitalize their business so Mavea is being brought in to stimulate the process and become a strong negotiator for future activities which doesn't include bankruptcy
MAEVA Group To Provide Advisory Services To RadioShack
Harry Wilson Named Chief Revitalization Officer
FORT WORTH, Texas, Oct. 29, 2014 /PRNewswire/ -- RadioShack Corporation (NYSE: RSH) announced today that The MAEVA Group will provide advisory services to RadioShack's Board of Directors and management as the Company moves forward with its operational and financial turnaround.
Harry J. Wilson, founder and CEO of The MAEVA Group, will serve as the Chief Revitalization Officer of RadioShack, reporting to RadioShack Chief Executive Officer Joe Magnacca and the RadioShack Board.
Prior to founding MAEVA, Mr. Wilson served as a senior advisor in the United States Department of the Treasury and was a senior member of the Auto Task Force, which was responsible for the Treasury's role in the restructuring of General Motors and Chrysler. Mr. Wilson led a team responsible for the business and financial work of the Task Force and also led a team overseeing the financial and operational restructuring of General Motors, the largest in American history.
"Harry Wilson's experience in guiding companies through successful turnarounds speaks for itself and will be extremely valuable as we continue our efforts to revitalize the Company. We welcome his insight and involvement," said CEO Joe Magnacca.
"RadioShack remains an important retailer serving many key markets. While challenging secular trends have undermined its performance in recent years, we believe that there is a great deal of opportunity ahead of it. We look forward to working with the management team, the Board, customers and vendors to help address these issues as quickly as possible and to revitalize the company," said Harry Wilson.
CenturyLink builds next generation IP core network with Alcatel-Lucent
3 minutes ago - DJNF
7950 XRS enables the third largest telecommunications company in the U.S. to meet growing data and video demands
MONROE, La. and PARIS, Oct. 29, 2014 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) and Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced that CenturyLink, the third largest telecommunications company in the U.S., has deployed the 7950 Extensible Routing System (XRS) to meet the growing data and video demands from its customer base across the United States. With the introduction of the 7950 XRS core router in its IP core network, CenturyLink obtains an end-to-end managed IP/MPLS network.
The 7950 XRS provides CenturyLink with increased speed and capacity, allowing the company to scale its network and provide services to its customers that support their growing broadband needs, including 1 gigabit service which was recently made available to residential and business customers in 16 cities. CenturyLink's IP network also has a direct connection into its 57 worldwide data centers and provides customers with voice and data solutions, managed IT services, colocation, managed hosting and private and public cloud offerings.
"As a global leader in cloud infrastructure and hosted IT solutions, we are focused on ensuring we have the speed and capacity to meet the data demands of our customers," said James Feger, vice president, CenturyLink network strategy and development. "This new platform is flexible and supports our IP networking needs as we continue to grow and transform our network."
Core routers direct data traffic at the heart of an IP network, and a single 7950 XRS can forward 16 terabits of data per second while consuming only 1 watt per gigabit switching capacity today, and is expected to consume even less in the future. The switching capacity, port density and power efficiency of the 7950 XRS platforms yield operational cost savings by minimizing req
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One thing to remember. ALU stock has drifted south due to "silence" of news. The news we've gotten since the last report has most been news of new contracts.
When a stock falls due to stagnant times of silence it's an opportunity to buy low just as much as it's a time to worry and sell.
M. Combes is not a stock pumper which is hated from those into day trading as they are highly dependent on CEO's that focus more on the stock than the health of the company.
Combes has done exactly the opposite which is infuriating those that wanted to make a quick buck and then get out. Now they are stuck which I don't mind at all. Day traders hurt consistent stock movement whether it be up or down.
In conclusion, IMO longs like myself are just fine and I've added more over the last three weeks. I'm not buying on "hope." I'm buying for the bigger picture and my DD.
DD says to buy and hold if you're investing on fundamentals, not mere hope to make a few bucks and get out.
Now here's why I think this hoot is playing his game. If he's wrong on one board he'll look like a genius on another chat conversation.
By Michelle Hum on October 28, 2014 in Retail
PCH Founder discusses partnership with RadioShack that places products into fresh contexts and connects to shopper interests and needs
In addition to helping us host the PSFK Retail Event in San Francisco, we are excited to have PCH’s founder Liam Casey speak. PCH has helped design custom manufacturing solutions for Fortune 500 companies as well as numerous startups around the world. On stage, Liam will discuss the role of data in managing inventory to offer curated selections of products to complement consumer’s broader lifestyles. He will also touch on spurring innovation in retail through disrupting the distribution model.
Last summer, PCH announced a partnership with electronics manufacturer RadioShack to help inventors and startups concept new products and distribute them. What inspired this partnership?
Working very closely with startups, we are sensitive to the pressures on them that discourage innovation, and investment. We know that for software and hardware companies alike, product distribution is one of the biggest challenges. One of the key differences between hardware and software companies is inventory and how it is financed. Hardware companies have the burden of financing inventory before a cent is realized from sales.
The key to unlocking investment in hardware and thus product innovation is reducing inventory requirements and creating better terms for startups. When you reduce inventory requirements, the financial risk for startups is dramatically reduced. This makes hardware companies more like software companies and entices venture capital. All this has a ripple effect: when you reduce the risk to startups, it encourages investment and you see more innovation in the marketplace. With RadioShack, we worked with J
The last two quarters the expectations were inflated which led to disappointment with the stock falling. This quarter will reverse due to rampant pessimism and upset investors that bought higher prior to their report.
This is the report you want to buy into with reality set in that ALU is steadily on track without the pumping drums predicting outrageous numbers.
But remember we were trading around 4 just prior to last quarters report so watch for a lot of weak and irritable sellers getting out around this price. But then we'll stabilize and continue to head north and then stabilizing again around 5 bucks a share just prior to next quarters report.
All in all.....big money brought us down to where they want to buy in and you best be a buyer here too. This is a great time to be a buyer
Alcatel-Lucent Loss Anticipated to Narrow
By Narrative Science
Comment Now Follow Comments
Alcatel-Lucent is expected to book a narrower loss than a year ago when it reports second-quarter earnings on Thursday, October 30, 2014. Analysts are expecting a loss of one cents per share, up from a loss of 11 cents per share a year ago.
The consensus estimate is down from three months ago when it was zero cents, but is unchanged over the past month. For the fiscal year, analysts are projecting a loss of three cents per share. Analysts look for revenue to decrease 6% year-over-year to $4.41 billion for the quarter, after being $4.71 billion a year ago. For the year, revenue is expected to come in at $17.63 billion.