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Thursday, December 4, 2014

Market Chatter- Corporate finance press digest, (NYSE: RSH)

The following corporate finance-related stories were reported by media: * Electronics retailer RadioShack Corp will stop matching employees' retirement-fund contributions and review health benefits to help cut costs, reported Bloomberg, citing an internal memo.* Uber Technologies Inc is in talks to sell more than $1 billion in convertible debt, a source familiar with the matter said, soon after the U.S. taxi service said it raised $1.2 billion in its latest funding round.

RadioShack Corporation is engaged in the retail sale of consumer electronics goods and services through the Company?s RadioShack store chain. Shares of RSH fell by 5.14% or $-0.032/share to $0.59. In the past year, the shares have traded as low as $0.55 and as high as $2.96. On average, 3846310 shares of RSH exchange hands on a given day and today's volume is recorded at 3555863.