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Michaels Companies Inc (MIK.OQ)

MIK.OQ on NASDAQ Stock Exchange Global Select Market

18.29USD
20 Apr 2018
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Tue, Feb 13 2018

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Michaels pays $1.5 million to U.S. Justice Department in vase settlement

WASHINGTON Michaels Companies Inc. has agreed to pay $1.5 million in a settlement with the U.S. Justice Department, the bureau announced on Tuesday, after allegations that the craft supply retailer did not report information in a timely manner to the Consumer Product Safety Commission about a large glass vase that injured customers.

Michaels pays $1.5 mln to U.S. Justice Dept in vase settlement

WASHINGTON, Feb 13 Michaels Companies Inc. has agreed to pay $1.5 million in a settlement with the U.S. Justice Department, the bureau announced on Tuesday, after allegations that the craft supply retailer did not report information in a timely manner to the Consumer Product Safety Commission about a large glass vase that injured customers.

BRIEF-Michaels Companies Q3 Adjusted Earnings Per Share $0.44

* THE MICHAELS COMPANIES REPORTS RECORD THIRD QUARTER SALES AND EARNINGS PER SHARE

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