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Michaels Stores

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  1. UPDATE 1-Michaels names CFO, sponsor to assume CEO role

    Headlines

    Wed, 16 May 2012

    May 16 (Reuters) - Michaels Stores Inc named its finance chief and a managing director with one of its private equity owners to assume the responsibilities of the arts and crafts chain's CEO, who...

  2. UPDATE 1-Michaels CEO hospitalized, in stable condition

    Headlines

    Fri, 20 Apr 2012

    April 20 (Reuters) - Michaels Stores Inc said on Friday that Chief Executive Officer John Menzer had been hospitalized due to an undisclosed medical condition and was stable.

  3. TEXT-S&P upgrades Michaels Stores to 'B', keeps on watch positive

    Headlines

    Thu, 12 Apr 2012

    April 12 - Overview -- U.S. arts and crafts retailer Michaels Stores Inc.'s financial ratios have improved following the fourth quarter from a combination of profit growth and debt reduction. ...

  4. BRIEF - Moody's raises Michaels Stores ratings

    Headlines

    Tue, 3 Apr 2012

    April 3 (Reuters) - Moody's raises Michaels Stores corporate family rating to B2 from B3; outlook remains positive

  5. TEXT-S&P may raise Michaels Stores ratings after IPO

    Headlines

    Mon, 2 Apr 2012

    April 2 - Overview -- U.S. arts and crafts retailer Michaels Stores Inc. has filed an S-1, with the intent to execute an IPO in the near term. -- The company's fourth-quarter operating...

  6. UPDATE 2- Michaels Stores files for IPO of up to $500 mln

    Headlines

    Fri, 30 Mar 2012

    March 30 (Reuters) - Michaels Stores Inc filed with U.S. regulators on Friday to raise up to $500 million in an initial public offering of common stock that could be one of the year's largest IPOs in the retail sector.

  7. Wall Street Breakfast: Must-Know News

    Headlines

    Tue, 27 Mar 2012

    Wall Street Breakfast Editors submit: Michaels Stores draws up IPO plans. Michaels Stores , the largest arts-and-crafts retailer in North America, is reportedly intending to carry

  8. Michaels Stores , the largest arts-and-crafts retailer in North America, is reportedly planning to carry out an IPO six years after being taken private for over $6B by a consortium of P-E firms that ...

    Headlines

    Tue, 27 Mar 2012

    Michaels Stores , the largest arts-and-crafts retailer in North America, is reportedly planning to carry out an IPO six years after being

  9. Exclusive: Blackstone, Bain prepare Michaels Stores IPO

    Headlines

    Mon, 26 Mar 2012

    NEW YORK (Reuters) - Blackstone Group LP and Bain Capital LP plan to take Michaels Stores Inc public, nearly six years after they bought North America's largest retailer of arts and crafts for more than $6 billion, four people familiar with the matter said on Monday.

  10. Expert cites new hack tactic in Michaels data breach

    Headlines

    Wed, 1 Jun 2011

    BOSTON/NEW YORK, June 1 (Reuters) - Thieves who stole payment card data from Michaels Stores Inc [MCHST.UL] appear to have used a new method to maximize their take, a prominent data security expert said.

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