MIK up +6.88% percent right now. $MIK High is at 21.28 and the Low 19.66 with current volume of 361,163.
Recent News posted below.
MIK Michaels Companies Inc. Recent Headline News
The Michaels Companies tapped for gains
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 7:10AM CST
MIK: 19.22 (+0.61)
The Michaels Companies, Inc. Announces Notice for Partial Redemption of 7.50%/8.25% Senior PIK Toggle Notes Due 2018
GlobeNewswire - Mon Nov 10, 3:11PM CST
The Michaels Companies, Inc. (Nasdaq:MIK) today announced that an irrevocable notice of redemption was delivered to the holders of the 7.50%/8.25% Senior PIK Toggle Notes due 2018 (the "Holdco Notes"
. Pursuant to the notice, on December 10, 2014, $180.0 million in principal of the Holdco Notes will be redeemed. The redemption price will include a 2.0% premium which the Company will report in the fourth quarter of fiscal year 2014 as $3.6 million debt extinguishment costs. Additionally, there will be $2.8 million of accelerated amortization expense also included in debt extinguishment costs for the fourth quarter of fiscal 2014 related to the early redemption of principal. All accrued and unpaid interest on the $180.0 million will be paid in connection with the redemption on December 10, 2014. The Company will benefit from $13.5 million in interest savings in fiscal year 2015 related to this early redemption of the Holdco Notes.
MIK: 19.22 (+0.61)
Michaels Names This Season's Hottest New Gifts to Inspire Creativity
GlobeNewswire - Thu Nov 06, 6:00AM CST
Michaels (Nasdaq:MIK), North America's leading arts and crafts specialty retailer, gives the gift of creativity this holiday season with great products that offer hours of hands-on fun and artistic expression.
MIK: 19.22 (+0.61)
Cash Is King With Men and Millennials Too Scared to Use Credit Cards
at The Street - Tue Oct 28, 9:35AM CDT
The Target and Home Depot hacks have pushed some to pay with cash. Here's what TheStreet's research shows.
HD: 98.13 (-0.03), TGT: 65.58 (+0.06), MIK: 19.22 (+0.61)
JPMorgan Data Breach Affects 76M Households; Probe On - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Oct 06, 10:50AM CDT
Data breach at JPMorgan compromised information about nearly 76 million households and 7 million small businesses. However, there is no evidence of fraudulent activities in the accounts so far.
HD: 98.13 (-0.03), JPM: 61.68 (-0.25), TGT: 65.58 (+0.06), MIK: 19.22 (+0.61)
Michaels Challenges Customers To "Trick Your Pumpkin"
PR Newswire - Fri Oct 03, 6:00AM CDT
Michaels (Nasdaq: MIK), North America's leading arts and crafts store, will kick off the Halloween season with its annual in store Great Pumpkin Event and the launch of its "Trick Your Pumpkin" sweepstakes on Saturday, Oct. 4.
MIK: 19.22 (+0.61)
Specialty Retail Equities Technical Coverage - TJX Cos, Ross Stores, The Michaels Cos, Vitamin Shoppe, and PetSmart
PR Newswire - Mon Sep 29, 7:45AM CDT
On Friday, September 26, 2014, the NASDAQ Composite ended at 4,512.19, up 1.02%, the Dow Jones Industrial Average finished the day 0.99% higher at 17,113.15, and the S&P 500 closed at 1,982.85, up 0.86%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 534.92, up 1.07%, while the index has declined 1.82% in the last one month. Investor-Edge has initiated coverage on the following equities: The TJX Companies Inc. (NYSE: TJX), Ross Stores Inc. (NASDAQ: ROST), The Michaels Companies Inc. (NASDAQ: MIK), Vitamin Shoppe Inc. (NYSE: VSI), and PetSmart Inc. (NASDAQ: PETM). Free research on these five companies can be accessed at:
VSI: 46.95 (-0.43), TJX: 63.49 (-0.43), MIK: 19.22 (+0.61), ROST: 81.72 (-0.59), PETM: 72.32 (-0.42)
Michaels to Present at the 21st Annual Goldman Sachs Global Retailing Conference
PR Newswire - Thu Aug 28, 7:00AM CDT
The Michaels Companies, Inc. (NASDAQ: MIK) today announced that it will participate in the 21st Annual Goldman Sachs Global Retailing Conference, held at the Plaza Hotel in New York City. Management is currently scheduled to present on Thursday, September 4, 2014 at 2:25 p.m. Eastern Time.
MIK: 19.22 (+0.61)
Michaels beats in first Q2
at Investor's Business Daily - Wed Aug 27, 5:59PM CDT
The operator of Michaels and Aaron Brothers stores says that Q2 EPS jumped 50% to 15 cents, beating views by 7 cents. Sales rose nearly 5% to $948 mil, topping views for $943 mil. Same-store sales rose 3.2%, or 3.6% on a constant-currency basis. For...
MIK: 19.22 (+0.61)
Michaels Crafts Q2 Beat In First Earnings Since IPO
at Investor's Business Daily - Wed Aug 27, 9:55AM CDT
The Michaels Companies reported second-quarter earnings and revenue above Wall Street expectations Wednesday in the crafting goods store's first report since going public in late June. Michaels (MIK), the operator of Michaels and Aaron Brothers...
MIK: 19.22 (+0.61)
Why Michaels (MIK) Stock Is Jumping In Pre-Market Trading Today
at The Street - Wed Aug 27, 8:20AM CDT
Michaels (MIK) stock is higher in pre-market trading after the company reported adjusted earnings and revenue that topped analysts' expectations.
MIK: 19.22 (+0.61)
Michaels Announces Second Quarter Fiscal 2014 Financial Results
PR Newswire - Wed Aug 27, 6:00AM CDT
The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the quarter ended August 2, 2014.
MIK: 19.22 (+0.61)
UPS Stores Hit by Cyber Attack, Customer Data Compromised - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 2:30PM CDT
United Parcel Service, Inc. (UPS) is the latest to fall prey to cyber attacks.
SVU: 8.72 (+0.02), TGT: 65.58 (+0.06), MIK: 19.22 (+0.61), UPS: 108.47 (-0.58)
U.S. Payments Authentication and Security Market Report 2014
M2 - Tue Aug 19, 4:58AM CDT
Research and Markets (http://www.researchandmarkets.com/research/r4tx9t/u_s_payments) has announced the addition of the "U.S. Payments Authentication and Security Market Report" report to their offering. Though cyber security and data theft are a global phenomenon, public and private entities in the U.S. overwhelmingly are the most attractive targets of cyber attacks. All the recent data breaches which includes Target Corp., Neiman Marcus, Sally Beauty Holdings Inc., Michaels Stores Inc. and P.F Chang's clearly point out the fact that U.S. consumers are not safe and an enormous amount of work is to be done in the U.S. to stop data breaches. Highest amount of fraud happens in U.S., and hardly a month goes by when there isn't a breach from some large U.S. retailer. U.S. lags in card security as compared to other countries. Our study has found out that Point-of-Sale (POS) is one of the most vulnerable locations and a large number of frauds occur every year at the POS. The study estimates Payments Security Market in U.S. to be US $1,327 Million in 2013. The Payments Security Market includes Fraud Detection and Prevention (Back End) Solutions and End Point Security Solutions. This report reveals market share of U.S. Payments Security Solutions Providers, Fraud Detection and Prevention (Back End) Solutions Providers and End-Point Security Solutions Providers. The report exhibits payments authentication techniques in U.S. and market size of payment authentication in U.S. The evolution of analytics has played a key role in reducing payments fraud. This report showcases the analytics techniques to reduce payments fraud. Retailers are the most affected by payment frauds. The report shows how much retailers are investing to build a safe and secure payments system and what are the present and expected future solutions to reduce payments fraud. Key Topics Covered: 1. Introduction 2. Payments fraud in U.S. 3. Payments Security Market in U.S. (Million, $) for 2013 4. Market share of U.S. payments security solution providers 5. Company profile of major U.S. payments security solution providers 6. Payments authentication techniques in U.S. 7. Tokenization and End to End Encryption to prevent payments fraud 8. Evolution of Analytics to prevent payments fraud 9. What are retailers doing about payments security 10. Appendix Companies Mentioned - ACI - BAE System Detica - Blue Coat - Chase Paymenttech, - Checkpoint - Cisco - Datacap systems - Delego software - EdgeWave - FICO - Feedzai - Fire Eye INC - Fortinet - Ingenico - Intrusion INC - Kaspersky Lab - Magtek - NCR - ProofPoint - ReD - Symantec - TSYS - Trend Micro - Trustwave - Uniqul - Vantiv - Vasco Data Security - Verifone - Verisign - Websense For more information visit http://www.researchandmarkets.com/research/r4...s_payments
TGT: 65.58 (+0.06), MIK: 19.22 (+0.61), SYMC: 25.10 (+0.05)
The Michaels Companies, Inc. to Report Second Quarter Results on August 27, 2014
PR Newswire - Wed Aug 13, 3:01PM CDT
The Michaels Companies, Inc. (NASDAQ: MIK) today announced that it will report its second quarter results prior to market open on Wednesday, August 27, 2014. The Company will detail its results on a conference call scheduled to begin at 8:00 a.m. Central Time on Wednesday, August 27, 2014. The call will be available by dialing (877) 303-9132, conference ID# 88430252. The conference call will also be webcast at http://investors.michaels.com/. To listen to the live call, please go to the website at least 15 minutes early to register and download any necessary audio software. The webcast will be accessible for 30 days after the call. Additionally, a telephone replay will be available until September 5, 2014 by dialing (855) 859-2056, conference ID# 88430252.
MIK: 19.25 (+0.64)
Michaels Announces Vendor and Supply Chain Partner of The Year Awards
CNW Group - Thu Aug 07, 9:00PM CDT
The Michaels Companies, Inc. (Nasdaq: MIK), North America's largest arts and crafts specialty retailer, today announced the recipients of its Vendor and Supply Chain Partner of the Year Awards which were awarded at the company's annual partner conference in Dallas, TX on Thursday, August 7, 2014. At the ceremony, eleven vendor and supply chain partners were recognized for their contributions to Michaels' success over the past year.
MIK: 19.25 (+0.64)
After Getting a Beatdown, Can The Container Store Be Salvaged?
Daniel Jones, The Motley Fool - Motley Fool - Wed Jul 09, 11:55AM CDT
Source: The Container Store After the market closed on July 8, shares of The Container Store Group plummeted more than 14% to $23.20. Despite seeing sales increase year over year and adjusted earnings per share match what management reported...
TCS: 21.13 (+0.14), MIK: 19.25 (+0.64), LL: 54.79 (-1.06)
What to Expect When The Container Store Reports
Daniel Jones, The Motley Fool - Motley Fool - Sun Jul 06, 9:00AM CDT
Source: The Container Store With The Container Store set to report revenue and earnings for the first quarter of its 2014 fiscal year on July 8, investors are probably trying to decide what to do with the retailer's shares. At current prices,...
TCS: 21.13 (+0.14), MIK: 19.25 (+0.64)
3 Reasons Why This Retail IPO Is a Buy
Mark Lin, The Motley Fool - Motley Fool - Thu Jul 03, 5:00PM CDT
Source: The Michaels Companies The Michaels Companies , the largest arts and crafts specialty retailer in the US, started trading on the Nasdaq last week. It has been a strong performer in the specialty retail sector in the past few years, as...
TCS: 21.13 (+0.14), MIK: 19.25 (+0.64)
Recent News posted below.
MIK Michaels Companies Inc. Recent Headline News
The Michaels Companies tapped for gains
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 7:10AM CST
MIK: 19.22 (+0.61)
The Michaels Companies, Inc. Announces Notice for Partial Redemption of 7.50%/8.25% Senior PIK Toggle Notes Due 2018
GlobeNewswire - Mon Nov 10, 3:11PM CST
The Michaels Companies, Inc. (Nasdaq:MIK) today announced that an irrevocable notice of redemption was delivered to the holders of the 7.50%/8.25% Senior PIK Toggle Notes due 2018 (the "Holdco Notes"
. Pursuant to the notice, on December 10, 2014, $180.0 million in principal of the Holdco Notes will be redeemed. The redemption price will include a 2.0% premium which the Company will report in the fourth quarter of fiscal year 2014 as $3.6 million debt extinguishment costs. Additionally, there will be $2.8 million of accelerated amortization expense also included in debt extinguishment costs for the fourth quarter of fiscal 2014 related to the early redemption of principal. All accrued and unpaid interest on the $180.0 million will be paid in connection with the redemption on December 10, 2014. The Company will benefit from $13.5 million in interest savings in fiscal year 2015 related to this early redemption of the Holdco Notes. MIK: 19.22 (+0.61)
Michaels Names This Season's Hottest New Gifts to Inspire Creativity
GlobeNewswire - Thu Nov 06, 6:00AM CST
Michaels (Nasdaq:MIK), North America's leading arts and crafts specialty retailer, gives the gift of creativity this holiday season with great products that offer hours of hands-on fun and artistic expression.
MIK: 19.22 (+0.61)
Cash Is King With Men and Millennials Too Scared to Use Credit Cards
at The Street - Tue Oct 28, 9:35AM CDT
The Target and Home Depot hacks have pushed some to pay with cash. Here's what TheStreet's research shows.
HD: 98.13 (-0.03), TGT: 65.58 (+0.06), MIK: 19.22 (+0.61)
JPMorgan Data Breach Affects 76M Households; Probe On - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Oct 06, 10:50AM CDT
Data breach at JPMorgan compromised information about nearly 76 million households and 7 million small businesses. However, there is no evidence of fraudulent activities in the accounts so far.
HD: 98.13 (-0.03), JPM: 61.68 (-0.25), TGT: 65.58 (+0.06), MIK: 19.22 (+0.61)
Michaels Challenges Customers To "Trick Your Pumpkin"
PR Newswire - Fri Oct 03, 6:00AM CDT
Michaels (Nasdaq: MIK), North America's leading arts and crafts store, will kick off the Halloween season with its annual in store Great Pumpkin Event and the launch of its "Trick Your Pumpkin" sweepstakes on Saturday, Oct. 4.
MIK: 19.22 (+0.61)
Specialty Retail Equities Technical Coverage - TJX Cos, Ross Stores, The Michaels Cos, Vitamin Shoppe, and PetSmart
PR Newswire - Mon Sep 29, 7:45AM CDT
On Friday, September 26, 2014, the NASDAQ Composite ended at 4,512.19, up 1.02%, the Dow Jones Industrial Average finished the day 0.99% higher at 17,113.15, and the S&P 500 closed at 1,982.85, up 0.86%. The gains were broad based as all the ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 534.92, up 1.07%, while the index has declined 1.82% in the last one month. Investor-Edge has initiated coverage on the following equities: The TJX Companies Inc. (NYSE: TJX), Ross Stores Inc. (NASDAQ: ROST), The Michaels Companies Inc. (NASDAQ: MIK), Vitamin Shoppe Inc. (NYSE: VSI), and PetSmart Inc. (NASDAQ: PETM). Free research on these five companies can be accessed at:
VSI: 46.95 (-0.43), TJX: 63.49 (-0.43), MIK: 19.22 (+0.61), ROST: 81.72 (-0.59), PETM: 72.32 (-0.42)
Michaels to Present at the 21st Annual Goldman Sachs Global Retailing Conference
PR Newswire - Thu Aug 28, 7:00AM CDT
The Michaels Companies, Inc. (NASDAQ: MIK) today announced that it will participate in the 21st Annual Goldman Sachs Global Retailing Conference, held at the Plaza Hotel in New York City. Management is currently scheduled to present on Thursday, September 4, 2014 at 2:25 p.m. Eastern Time.
MIK: 19.22 (+0.61)
Michaels beats in first Q2
at Investor's Business Daily - Wed Aug 27, 5:59PM CDT
The operator of Michaels and Aaron Brothers stores says that Q2 EPS jumped 50% to 15 cents, beating views by 7 cents. Sales rose nearly 5% to $948 mil, topping views for $943 mil. Same-store sales rose 3.2%, or 3.6% on a constant-currency basis. For...
MIK: 19.22 (+0.61)
Michaels Crafts Q2 Beat In First Earnings Since IPO
at Investor's Business Daily - Wed Aug 27, 9:55AM CDT
The Michaels Companies reported second-quarter earnings and revenue above Wall Street expectations Wednesday in the crafting goods store's first report since going public in late June. Michaels (MIK), the operator of Michaels and Aaron Brothers...
MIK: 19.22 (+0.61)
Why Michaels (MIK) Stock Is Jumping In Pre-Market Trading Today
at The Street - Wed Aug 27, 8:20AM CDT
Michaels (MIK) stock is higher in pre-market trading after the company reported adjusted earnings and revenue that topped analysts' expectations.
MIK: 19.22 (+0.61)
Michaels Announces Second Quarter Fiscal 2014 Financial Results
PR Newswire - Wed Aug 27, 6:00AM CDT
The Michaels Companies, Inc. (NASDAQ: MIK) today announced financial results for the quarter ended August 2, 2014.
MIK: 19.22 (+0.61)
UPS Stores Hit by Cyber Attack, Customer Data Compromised - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 2:30PM CDT
United Parcel Service, Inc. (UPS) is the latest to fall prey to cyber attacks.
SVU: 8.72 (+0.02), TGT: 65.58 (+0.06), MIK: 19.22 (+0.61), UPS: 108.47 (-0.58)
U.S. Payments Authentication and Security Market Report 2014
M2 - Tue Aug 19, 4:58AM CDT
Research and Markets (http://www.researchandmarkets.com/research/r4tx9t/u_s_payments) has announced the addition of the "U.S. Payments Authentication and Security Market Report" report to their offering. Though cyber security and data theft are a global phenomenon, public and private entities in the U.S. overwhelmingly are the most attractive targets of cyber attacks. All the recent data breaches which includes Target Corp., Neiman Marcus, Sally Beauty Holdings Inc., Michaels Stores Inc. and P.F Chang's clearly point out the fact that U.S. consumers are not safe and an enormous amount of work is to be done in the U.S. to stop data breaches. Highest amount of fraud happens in U.S., and hardly a month goes by when there isn't a breach from some large U.S. retailer. U.S. lags in card security as compared to other countries. Our study has found out that Point-of-Sale (POS) is one of the most vulnerable locations and a large number of frauds occur every year at the POS. The study estimates Payments Security Market in U.S. to be US $1,327 Million in 2013. The Payments Security Market includes Fraud Detection and Prevention (Back End) Solutions and End Point Security Solutions. This report reveals market share of U.S. Payments Security Solutions Providers, Fraud Detection and Prevention (Back End) Solutions Providers and End-Point Security Solutions Providers. The report exhibits payments authentication techniques in U.S. and market size of payment authentication in U.S. The evolution of analytics has played a key role in reducing payments fraud. This report showcases the analytics techniques to reduce payments fraud. Retailers are the most affected by payment frauds. The report shows how much retailers are investing to build a safe and secure payments system and what are the present and expected future solutions to reduce payments fraud. Key Topics Covered: 1. Introduction 2. Payments fraud in U.S. 3. Payments Security Market in U.S. (Million, $) for 2013 4. Market share of U.S. payments security solution providers 5. Company profile of major U.S. payments security solution providers 6. Payments authentication techniques in U.S. 7. Tokenization and End to End Encryption to prevent payments fraud 8. Evolution of Analytics to prevent payments fraud 9. What are retailers doing about payments security 10. Appendix Companies Mentioned - ACI - BAE System Detica - Blue Coat - Chase Paymenttech, - Checkpoint - Cisco - Datacap systems - Delego software - EdgeWave - FICO - Feedzai - Fire Eye INC - Fortinet - Ingenico - Intrusion INC - Kaspersky Lab - Magtek - NCR - ProofPoint - ReD - Symantec - TSYS - Trend Micro - Trustwave - Uniqul - Vantiv - Vasco Data Security - Verifone - Verisign - Websense For more information visit http://www.researchandmarkets.com/research/r4...s_payments
TGT: 65.58 (+0.06), MIK: 19.22 (+0.61), SYMC: 25.10 (+0.05)
The Michaels Companies, Inc. to Report Second Quarter Results on August 27, 2014
PR Newswire - Wed Aug 13, 3:01PM CDT
The Michaels Companies, Inc. (NASDAQ: MIK) today announced that it will report its second quarter results prior to market open on Wednesday, August 27, 2014. The Company will detail its results on a conference call scheduled to begin at 8:00 a.m. Central Time on Wednesday, August 27, 2014. The call will be available by dialing (877) 303-9132, conference ID# 88430252. The conference call will also be webcast at http://investors.michaels.com/. To listen to the live call, please go to the website at least 15 minutes early to register and download any necessary audio software. The webcast will be accessible for 30 days after the call. Additionally, a telephone replay will be available until September 5, 2014 by dialing (855) 859-2056, conference ID# 88430252.
MIK: 19.25 (+0.64)
Michaels Announces Vendor and Supply Chain Partner of The Year Awards
CNW Group - Thu Aug 07, 9:00PM CDT
The Michaels Companies, Inc. (Nasdaq: MIK), North America's largest arts and crafts specialty retailer, today announced the recipients of its Vendor and Supply Chain Partner of the Year Awards which were awarded at the company's annual partner conference in Dallas, TX on Thursday, August 7, 2014. At the ceremony, eleven vendor and supply chain partners were recognized for their contributions to Michaels' success over the past year.
MIK: 19.25 (+0.64)
After Getting a Beatdown, Can The Container Store Be Salvaged?
Daniel Jones, The Motley Fool - Motley Fool - Wed Jul 09, 11:55AM CDT
Source: The Container Store After the market closed on July 8, shares of The Container Store Group plummeted more than 14% to $23.20. Despite seeing sales increase year over year and adjusted earnings per share match what management reported...
TCS: 21.13 (+0.14), MIK: 19.25 (+0.64), LL: 54.79 (-1.06)
What to Expect When The Container Store Reports
Daniel Jones, The Motley Fool - Motley Fool - Sun Jul 06, 9:00AM CDT
Source: The Container Store With The Container Store set to report revenue and earnings for the first quarter of its 2014 fiscal year on July 8, investors are probably trying to decide what to do with the retailer's shares. At current prices,...
TCS: 21.13 (+0.14), MIK: 19.25 (+0.64)
3 Reasons Why This Retail IPO Is a Buy
Mark Lin, The Motley Fool - Motley Fool - Thu Jul 03, 5:00PM CDT
Source: The Michaels Companies The Michaels Companies , the largest arts and crafts specialty retailer in the US, started trading on the Nasdaq last week. It has been a strong performer in the specialty retail sector in the past few years, as...
TCS: 21.13 (+0.14), MIK: 19.25 (+0.64)
