Retailer’s sales fall but beats estimates

RadioShack rose the most in the S&P 500, after the Fort Worth, Texas, electronics retailer reported third-quarter sales of $990 million, beating the average analyst estimate by 3.2 percent. Third-quarter sales fell 3.1 percent to $990 million from $1.02 billion a year earlier, the company said. Analysts predicted $959.1 million, the average of 14 estimates compiled by Bloomberg.