Fitch ups RadioShack view to stable

Fitch Ratings said it affirmed RadioShack Corp.'s long-term issuer default rating at BB, bank credit facility at BB and senior unsecured notes at BB.

The outlook has been revised to stable from negative.

The ratings reflect RadioShack's strong liquidity and an expectation that the company's operating results and credit metrics will remain relatively steady in the near term despite the soft sales trends in some of the company's business segments, Fitch said.

The ratings also consider the company's cost-cutting efforts, positive free cash flow generation and large and geographically diverse store base, the agency said.

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