As a follow-up to my previous post (The Rumor Around Town), the following is a Market View alert from Charles Schwab:Michaels Stores (MIK) is sharply higher in early action after the company said it is considering strategic alternatives, including the sale of the company. Additionally, the company's president and CEO R. Michael Rouleau will retire, and Jeffrey Boyer and Gregory Sandfort have been named co-presidents.The saga continues.
Monday, March 20, 2006
Michaels Update
A follow-up on last week’s Michaels rumor from Dale Courtney at Right Mind:
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