DOCSLIB.ORG

1–25–10 Vol. 75 No. 15 Monday Jan

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
1–25–10 Vol. 75 No. 15 Monday Jan 1–25–10 Monday Vol. 75 No. 15 Jan. 25, 2010 Pages 3847–3980 VerDate Nov 24 2008 19:00 Jan 22, 2010 Jkt 220001 PO 00000 Frm 00001 Fmt 4710 Sfmt 4710 E:\FR\FM\25JAWS.LOC 25JAWS mstockstill on DSKH9S0YB1PROD with FEDREGWS II Federal Register / Vol. 75, No. 15 / Monday, January 25, 2010 The FEDERAL REGISTER (ISSN 0097–6326) is published daily, SUBSCRIPTIONS AND COPIES Monday through Friday, except official holidays, by the Office of the Federal Register, National Archives and Records PUBLIC Administration, Washington, DC 20408, under the Federal Register Subscriptions: Act (44 U.S.C. Ch. 15) and the regulations of the Administrative Paper or fiche 202–512–1800 Committee of the Federal Register (1 CFR Ch. I). The Assistance with public subscriptions 202–512–1806 Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402 is the exclusive distributor of the official General online information 202–512–1530; 1–888–293–6498 edition. Periodicals postage is paid at Washington, DC. Single copies/back copies: The FEDERAL REGISTER provides a uniform system for making Paper or fiche 202–512–1800 available to the public regulations and legal notices issued by Assistance with public single copies 1–866–512–1800 Federal agencies. These include Presidential proclamations and (Toll-Free) Executive Orders, Federal agency documents having general FEDERAL AGENCIES applicability and legal effect, documents required to be published by act of Congress, and other Federal agency documents of public Subscriptions: interest. Paper or fiche 202–741–6005 Documents are on file for public inspection in the Office of the Assistance with Federal agency subscriptions 202–741–6005 Federal Register the day before they are published, unless the issuing agency requests earlier filing. For a list of documents currently on file for public inspection, see www.federalregister.gov. The seal of the National Archives and Records Administration authenticates the Federal Register as the official serial publication established under the Federal Register Act. Under 44 U.S.C. 1507, the contents of the Federal Register shall be judicially noticed. The Federal Register is published in paper and on 24x microfiche. It is also available online at no charge as one of the databases on GPO Access, a service of the U.S. Government Printing Office. The online edition of the Federal Register, www.gpoaccess.gov/ nara, available through GPO Access, is issued under the authority of the Administrative Committee of the Federal Register as the official legal equivalent of the paper and microfiche editions (44 U.S.C. 4101 and 1 CFR 5.10). It is updated by 6 a.m. each day the Federal Register is published and includes both text and graphics from Volume 59, Number 1 (January 2, 1994) forward. For more information about GPO Access, contact the GPO Access User Support Team, call toll free 1-888-293-6498; DC area 202- 512-1530; fax at 202-512-1262; or via e-mail at [email protected]. The Support Team is available between 7:00 a.m. and 9:00 p.m. Eastern Time, Monday–Friday, except official holidays. The annual subscription price for the Federal Register paper edition is $749 plus postage, or $808, plus postage, for a combined Federal Register, Federal Register Index and List of CFR Sections Affected (LSA) subscription; the microfiche edition of the Federal Register including the Federal Register Index and LSA is $165, plus postage. Six month subscriptions are available for one-half the annual rate. The prevailing postal rates will be applied to orders according to the delivery method requested. The price of a single copy of the daily Federal Register, including postage, is based on the number of pages: $11 for an issue containing less than 200 pages; $22 for an issue containing 200 to 400 pages; and $33 for an issue containing more than 400 pages. Single issues of the microfiche edition may be purchased for $3 per copy, including postage. Remit check or money order, made payable to the Superintendent of Documents, or charge to your GPO Deposit Account, VISA, MasterCard, American Express, or Discover. Mail to: U.S. Government Printing Office—New Orders, P.O. Box 979050, St. Louis, MO 63197-9000; or call toll free 1- 866-512-1800, DC area 202-512-1800; or go to the U.S. Government Online Bookstore site, see bookstore.gpo.gov. There are no restrictions on the republication of material appearing in the Federal Register. How To Cite This Publication: Use the volume number and the page number. Example: 75 FR 12345. Postmaster: Send address changes to the Superintendent of Documents, Federal Register, U.S. Government Printing Office, Washington, DC 20402, along with the entire mailing label from the last issue received. VerDate Nov 24 2008 19:00 Jan 22, 2010 Jkt 220001 PO 00000 Frm 00002 Fmt 4710 Sfmt 4710 E:\FR\FM\25JAWS.LOC 25JAWS mstockstill on DSKH9S0YB1PROD with FEDREGWS III Contents Federal Register Vol. 75, No. 15 Monday, January 25, 2010 Agency for Healthcare Research and Quality Comptroller of the Currency NOTICES NOTICES Agency Information Collection Activities; Proposals, Agency Information Collection Activities; Proposals, Submissions, and Approvals, 3908–3911 Submissions, and Approvals, 3966–3967 Agriculture Department Copyright Office, Library of Congress See Food Safety and Inspection Service RULES See Rural Housing Service Mandatory Deposit of Published Electronic Works Available NOTICES Only Online, 3863–3870 Agency Information Collection Activities; Proposals, Submissions, and Approvals, 3890–3892 Defense Department See Air Force Department Air Force Department See Army Department NOTICES See Engineers Corps Meetings: See Navy Department IS–GPS–200E Interface Control Working Group, 3901– NOTICES 3902 Meetings: Federal Advisory Committee; Defense Science Board, Army Department 3898–3899 See Engineers Corps Privacy Act; Systems of Records, 3899–3900 NOTICES Availability for Non-Exclusive, Exclusive, or Partially Employment and Training Administration Exclusive Licensing of U.S. Provisional Patent NOTICES Application: Agency Information Collection Activities; Proposals, Monoclonal Antibodies Against Glycoprotein of Ebola Submissions, and Approvals, 3925–3928 Sudan Boniface Virus, 3900–3901 Determinations Regarding Eligibility To Apply for Worker Meetings: Adjustment Assistance, 3928–3939 Board of Visitors, United States Military Academy, 3901 Centers for Disease Control and Prevention Energy Department NOTICES See Energy Efficiency and Renewable Energy Office Meetings: NOTICES Advisory Board on Radiation and Worker Health, 3911– Public Hearings: 3912 Draft Tank Closure and Waste Management Healthcare Infection Control Practices Advisory Environmental Impact Statement for the Hanford Committee, 3912 Site, Richland, WA, 3902–3903 Centers for Medicare & Medicaid Services Energy Efficiency and Renewable Energy Office NOTICES RULES Agency Information Collection Activities; Proposals, Weatherization Assistance Program for Low-Income Submissions, and Approvals, 3907–3908 Persons, 3847–3856 Civil Rights Commission Engineers Corps NOTICES PROPOSED RULES Meetings: Restricted Areas and Danger Zone at Naval Station Illinois Advisory Committee, 3893 Mayport, FL, 3883–3885 Coast Guard Environmental Protection Agency RULES RULES Drawbridge Operation Regulations: Approval and Promulgation of Implementation Plans: Great Egg Harbor Bay, between Beesleys Point and South Carolina; Approval of Section 110(a)(1) Somers Point, NJ, 3856–3859 Maintenance Plan for the 1997 8-Hour Ozone Safety Zones: Standard for Cherokee County; Correcting Baltimore Captain of Port Zone, 3859–3862 Amendment, 3870–3871 NOTICES Commerce Department Agency Information Collection Activities; Proposals, See Industry and Security Bureau Submissions, and Approvals, 3903–3904 See International Trade Administration See National Oceanic and Atmospheric Administration Executive Office of the President See Patent and Trademark Office See Presidential Documents VerDate Nov<24>2008 19:10 Jan 22, 2010 Jkt 220001 PO 00000 Frm 00001 Fmt 4748 Sfmt 4748 E:\FR\FM\25JACN.SGM 25JACN mstockstill on DSKH9S0YB1PROD with FEDREGCN IV Federal Register / Vol. 75, No. 15 / Monday, January 25, 2010 / Contents Federal Aviation Administration Fish and Wildlife Service PROPOSED RULES PROPOSED RULES Proposed Amendments of Class E Airspace: Migratory Bird Subsistence Harvest in Alaska: Killeen, TX, 3877–3878 Harvest Regulations for Migratory Birds in Alaska During Lampasas, TX, 3878–3879 the 2010 Season, 3888–3889 Proposed Establishment of Class E Airspace: Kindred, ND, 3880–3881 Food Safety and Inspection Service Luverne, MN, 3879–3880 RULES NOTICES Petitions for Rulemaking; Approval of Information Agency Information Collection Activities; Proposals, Collection, 3847 Submissions, and Approvals, 3954 Deadline for Notification of Intent To Use Airport Government Accountability Office Improvement Program Primary, Cargo, and Nonprimary NOTICES Entitlement Funds (Fiscal Year 2010), 3954–3955 Appointments to the Medicaid and CHIP Payment and Meetings: Access Commission, 3904 RTCA Special Committee 220: Automatic Flight Government Ethics Office Guidance and Control, 3959 Noise Exposure Map: NOTICES Agency Information Collection Activities; Proposals, Kona International Airport at Keahole, Keahole, North Submissions, and Approvals, 3905 Kona, HI, 3959–3960 Record of Decision: Health and Human Services Department Proposed Bay Area Rapid Transit Connector Project, See Agency for Healthcare Research and Quality Oakland International Airport (OAK), 3962
Load more

Recommended publications
  • GANNETT CO., INC. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 29, 2015 GANNETT CO., INC. (Exact name of registrant as specified in its charter) Delaware (State or Other Jurisdiction of Incorporation) 1-6961 16-0442930 (Commission (IRS Employer File Number) Identification No.) 7950 Jones Branch Drive, McLean, Virginia 22107-0910 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (703) 854-6000 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 29, 2015, Gannett Co., Inc. (the “Company”) issued a press release announcing that its Board of Directors had elected Bruce Nolop, formerly executive vice president and chief financial officer of E*TRADE Financial Corp., and Jill Greenthal, senior advisor, Private Equity Group at Blackstone Group, L.P., to serve as directors of the Company.
    [Show full text]
  • View Annual Report
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1, 2020 Commission file number 001-36501 THE MICHAELS COMPANIES, INC. A Delaware Corporation IRS Employer Identification No. 37-1737959 8000 Bent Branch Drive Irving, Texas 75063 (972) 409-1300 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $0.06775 par value MIK Nasdaq Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None The Michaels Companies, Inc. is not a well-known seasoned issuer , as defined in Rule 405 of the Securities Act. The Michaels Companies, Inc. (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. The Michaels Companies, Inc. has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). The Michaels Companies, Inc. is a large accelerated filer. The Michaels Companies, Inc. is not (1) a shell company, (2) a small reporting company or (3) an emerging growth company (as defined in Rule 12b-2 of the Exchange Act).
    [Show full text]
  • Addendum to the 2009 Comprehensive Annual Financial Report Illinois Municipal Retirement Fund Investment Portfolio As of December 31, 2009
    Illinois Municipal Retirement Fund Addendum to the 2009 Comprehensive Annual Financial Report Illinois Municipal Retirement Fund Investment Portfolio as of December 31, 2009 Interest Asset Description Rate Maturity Date Par Value Cost Value Market Value FIXED INCOME U.S. Securities Corporate Bonds 1st Horizon Mtg Passthru TR 5.30% 02/01/2035 $ 2,428,978 $ 2,328,783 $ 2,168,767 Abbott Laboratories Disc Coml Paper 4/2 Yrs 3& 0.13% 01/11/2010 10,000,000 9,999,450 9,999,725 Abbott Labs Nt 5.13% 04/01/2019 3,320,000 3,305,624 3,472,614 Ace Cash Express Inc Sr 10.25% 10/01/2014 330,000 330,000 240,900 Actuant Corp 6.88% 06/15/2017 830,000 826,738 789,538 Advanstar Communications Inc 2nd Lien Tldue 10.36% 11/30/2014 90,000 51,525 11,025 AEP Inds Inc Sr Nt 7.88% 03/15/2013 180,000 180,000 172,350 AES Corp 7.75% 03/01/2014 350,000 373,988 355,250 AES Corp Sr 8.00% 10/15/2017 2,319,000 2,321,224 2,379,874 AES Corp Sr Nt 7.75% 10/15/2015 580,000 580,000 588,700 AES Corp Sr Nt 9.38% 09/15/2010 215,000 209,088 221,988 Aetna Inc New 6.75% 12/15/2037 255,000 268,617 265,896 Affiliated Computer Svcs Inc Sr Nt 5.20% 06/01/2015 490,000 508,620 505,313 Affinia Group Inc 9% 9.00% 11/30/2014 720,000 668,494 698,400 Ak Airls Inc 9.50% 04/12/2010 1,245 1,202 1,145 Ak Airls Inc 9.50% 04/12/2012 109,201 106,906 106,024 Aleris International Inc Dip 10.46% 02/13/2010 267,922 94,869 273,504 Aleris Intl Inc B•1 NR 4.25% 12/19/2013 146,018 146,018 7,301 Aleris Intl Inc B•1 Ru 4.25% 12/19/2013 306,132 286,376 140,821 Aleris Intl Inc Sr 9.00% 12/15/2014 640,000 640,000
    [Show full text]
  • 2010 IMRF Addendum to the 2010 Comprehensive Annual Financial
    Illinois Municipal Retirement Fund Addendum to the 2010 Comprehensive Annual Financial Report For the year ending December 31, 2010 Illinois Municipal Retirement Fund Investment Portfolio as of December 31, 2010 Interest Asset Description Rate Maturity Date Par Value Cost Value Market Value FIXED INCOME U.S. Securities Corporate Bonds 1st Horizon Natl 5.38% 12/15/2015 $ 500,000 $ 498,345 $ 504,710 Abbott Labs 5.13% 4/1/2019 2,830,000 2,817,746 3,116,011 Acco Brands Corp 10.63% 3/15/2015 90,000 88,652 101,250 Ace Cash Express 10.25% 10/1/2014 330,000 330,000 290,400 Actuant Corp 6.88% 6/15/2017 990,000 991,138 1,012,275 Adobe Sys Inc 4.75% 2/1/2020 2,365,000 2,319,805 2,419,182 AEP Inds Inc Sr Nt 7.88% 3/15/2013 180,000 180,000 179,325 AES Corp 7.75% 3/1/2014 350,000 373,988 373,625 AES Corp 7.75% 10/15/2015 580,000 580,000 619,150 AES Corp 8.00% 10/15/2017 140,000 141,075 148,050 Affiliated 5.20% 6/1/2015 650,000 675,340 689,794 Affinia Group Inc 9.00% 11/30/2014 720,000 668,494 739,800 AFLAC Inc 8.50% 5/15/2019 2,745,000 3,255,410 3,394,173 AFLAC Inc 6.45% 8/15/2040 3,000,000 2,984,970 3,072,534 Air Med Group 9.25% 11/1/2018 980,000 980,000 1,029,000 Ak Stl Corp Sr Nt 7.63% 5/15/2020 100,000 99,000 100,250 Albertsons Inc 7.50% 2/15/2011 1,500,000 1,523,385 1,501,875 Alcoa Inc 6.15% 8/15/2020 3,000,000 2,996,130 3,080,703 Alere Inc 8.63% 10/1/2018 1,045,000 1,046,575 1,060,675 Aleris International Inc Dip 10.46% 12/19/2013 139,837 61,794 143,858 Aleris Intl Inc B-1 Ru 4.25% 12/19/2013 325,784 286,376 146,603 Aleris Intl Inc Sr 9.00% 12/15/2014
    [Show full text]
  • United States Securities and Exchange Commission Washington, Dc 20549
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1, 2014 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-09338 MICHAELS STORES, INC. (Exact name of registrant as specified in its charter) Delaware 75-1943604 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification number) 8000 Bent Branch Drive Irving, Texas 75063 (Address of principal executive offices, including zip code) (972) 409-1300 (Registrant’s telephone number, including area code) SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: None SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes No Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.* Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
    [Show full text]
  • Draft A: 08/18/95 10:16 Am Confidential
    NEWS RELEASE FOR IMMEDIATE RELEASE Lisa K. Klinger Senior Vice President - Finance and Treasurer (972) 409-1528 [email protected] BRIAN C. CORNELL NAMED CHIEF EXECUTIVE OFFICER OF MICHAELS STORES Former Safeway and PepsiCo Executive Brings Strong Consumer Products Marketing Experience to Leading Crafts Retailer Irving, TX, June 4, 2007 – Michaels Stores, Inc., the world’s largest specialty retailer of arts, crafts, framing, floral, wall décor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator, today announced that Brian C. Cornell has been named Chief Executive Officer of the company, effective June 4, 2007. Cornell most recently served as Executive Vice President and Chief Marketing Officer of Safeway, Inc., where he had responsibility for the merchandising, marketing, manufacturing, supply chain and online business. Cornell was one of the key architects behind Safeway’s “Ingredients for Life” brand re-positioning, its advancements in consumer and shopper insights, the introduction of O Organics and Eating Right private label brands, and Safeway’s new lifestyle store format. In 2005, he was named Marketing Executive of the Year by Supermarket News, and was featured as the Retailer of the Year by Grocery Headquarters Magazine in 2006. In 2006, leading global private equity firms Bain Capital and The Blackstone Group invested in a recapitalization of Michaels Stores in a take-private transaction valued at more than $6 billion. “I am excited about the opportunity to join this best-in-class specialty retailer, and to further advance Michaels Stores’ leadership position and brand recognition through focused merchandising, consumer insights, marketing and operating initiatives,” said Cornell, who is 48.
    [Show full text]
  • NASDAQ: MIK) Price Target USD$20.62 Consumer Cyclical – Specialty Retail, Fabric Craft & Sewing Rating Buy Crafting a Brighter Future Share Price (Feb
    Analyst: Cathie Ji, BCom. ‘22 [email protected] Equity Research US The Michaels Companies, Inc (NASDAQ: MIK) Price Target USD$20.62 Consumer Cyclical – Specialty Retail, Fabric Craft & Sewing Rating Buy Crafting a Brighter Future Share Price (Feb. 12 Close) USD$15.59 February 12, 2021 Total Return 32.3% The Michaels Companies Inc. is the largest arts and crafts Key Statistics specialty retailer in North America. Its corporate headquarters are 52 Week H/L $17.90/$1.00 located in Irving, Texas. The company owns over 1250 retail stores Market Capitalization $2309.1M across the United States and Canada and 15 private label brands. Average Daily Trading Volume 3.89M Thesis Net Debt $2500.4M Michaels has been implementing many changes, including Enterprise Value $3950.3M improving its retail store customer experience and significantly Net Debt/EBITDA 8.3x expanding its e-commerce offerings. We believe the market’s forward perception of Michaels is distorted by its dismal past Diluted Shares Outstanding 147.7M performance and a negative outlook for the fabric and craft & Free Float 56.5% sewing supplies industry post-COVID. The new management Dividend Yield N/A team’s solid forward strategy and recent performance highlights WestPeak’s Forecast the company’s turnaround story. With growing revenues and an established e-commerce channel that is becoming a sizeable 2020E 2021E 2022E part of its revenue mix, we believe Michaels will move to trade Revenue $4900M $5383M $5548M more in-line with its peers. EBITDA $376M $694M $716M Drivers Net Income $145M $356M $363M Michaels is a leader in the fabric, crafts & sewing supplies industry EPS $1.07 $2.32 $2.46 where per capita disposable income and consumer leisure time P/E 14.6x 6.7x 6.3x are a main drivers, as supplies are typically purchased for leisure EV/EBITDA 10.5x 5.7x 5.5x and hobby purposes.
    [Show full text]
  • Brian C. Cornell Named Chief Executive Officer of Michaels Stores
    June 4, 2007 Brian C. Cornell Named Chief Executive Officer of Michaels Stores Former Safeway and PepsiCo Executive Brings Strong Consumer Products Marketing Experience to Leading Crafts Retailer IRVING, TX -- (MARKETWIRE) -- 06/04/07 -- Michaels Stores, Inc., the world's largest specialty retailer of arts, crafts, framing, floral, wall décor, and seasonal merchandise for the hobbyist and do-it-yourself home decorator, today announced that Brian C. Cornell has been named Chief Executive Officer of the company, effective June 4, 2007. Cornell most recently served as Executive Vice President and Chief Marketing Officer of Safeway, Inc., where he had responsibility for the merchandising, marketing, manufacturing, supply chain and online business. Cornell was one of the key architects behind Safeway's "Ingredients for Life" brand re-positioning, its advancements in consumer and shopper insights, the introduction of O Organics and Eating Right private label brands, and Safeway's new lifestyle store format. In 2005, he was named Marketing Executive of the Year by Supermarket News, and was featured as the Retailer of the Year by Grocery Headquarters Magazine in 2006. In 2006, leading global private equity firms Bain Capital and The Blackstone Group invested in a recapitalization of Michaels Stores in a take-private transaction valued at more than $6 billion. "I am excited about the opportunity to join this best-in-class specialty retailer, and to further advance Michaels Stores' leadership position and brand recognition through focused merchandising, consumer insights, marketing and operating initiatives," said Cornell, who is 48. "I am pleased to work with Michaels' employees, management team and our vendor partners to position the company for the long term, and create unparalleled shopping experiences for our customers." Jeffrey Boyer, President and Chief Financial Officer, and Gregory Sandfort, President and Chief Operating Officer, will report to Cornell.
    [Show full text]
  • United States Securities and Exchange Commission Form
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 28, 2012 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-09338 MICHAELS STORES, INC. (Exact name of registrant as specified in its charter) Delaware 75-1943604 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification number) 8000 Bent Branch Drive Irving, Texas 75063 (Address of principal executive offices, including zip code) (972) 409-1300 (Registrant’s telephone number, including area code) SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: None SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No ⌧ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes ⌧ No Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.* Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
    [Show full text]
  • The Blackstone Group L.P. [email protected]
    Equity Research Financial Services and Technology | Asset Management January 15, 2016 Christopher Shutler, CFA +1 312 364 8197 [email protected] Andrew Nicholas, CPA +1 312 364 8689 The Blackstone Group L.P. [email protected] Near-Term Market-Related Headwinds, but Significant Long-Term Opportunities; Reiterate Outperform Stock Rating: Outperform Company Profile: Core Growth Since launching coverage on December 14, several of Blackstone’s key public holdings have struggled, with high-profile positions such as Hilton (HLT $18.40), NXP Semiconductors Symbol: BX (NYSE) (NXPI $74.51), and Michaels (MIK $21.12) down considerably. Consequently, we expect the Price: $25.64 (52-Wk.: $23-$44) company to face ENI headwinds in the near term (particularly in the first quarter), and Market Value (mil.): $30,534 weaker secondary activity could also depress distributable earnings. Still, the beauty of the Long-Term EPS Growth Rate: 13% Blackstone model lies in its diversification and ability to be patient when others are not; Dividend/Yield: $2.90/11.3% volatility can often present compelling investment opportunities, and we expect the credit Fiscal Year End: December segment in particular to be a beneficiary. Our Blackstone thesis is a long-term call. We expect the stock to remain a high-beta name 2014A 2015E 2016E (as evidenced by the chart on page 13 of our initiation report) that trades on near-term Estimates EPS FY $3.76 $2.16 $2.53 equity market sentiment, despite Blackstone’s track record as a premiere value-creator in CY $2.16 $2.53 a variety of market environments.
    [Show full text]
  • Michaels Names Chuck Rubin Chief Executive Officer IRVING, TX
    Michaels Names Chuck Rubin Chief Executive Officer IRVING, TX – February 14, 2013 – Michaels Stores, Inc. today announced that it has named Chuck Rubin Chief Executive Officer and a member of the Board of Directors. Mr. Rubin, currently the President and Chief Executive Officer of Ulta Beauty, will assume his new roles after a brief period of transition, at which time Michaels will discontinue the Office of the Chief Executive Officer, established on an interim basis in May 2012. Charles "Chuck" Sonsteby, a member of the Office of the CEO, will continue as the Company's Chief Administrative Officer and Chief Financial Officer. Mr. Rubin brings more than 30 years of retail industry experience, including serving as President, Chief Executive Officer and member of the Board of Directors for Ulta Beauty (NASDAQ: ULTA), where since 2010, he successfully led his team in driving record revenue and earnings growth, as well as creating significant shareholder value for one of the largest beauty retailers in the United States. He is a proven industry leader with a track record of results in marketing, merchandising, operations and strategy, having held executive leadership positions at a number of leading retail businesses including Office Depot, Sportmart and Federated Department Stores. He also served as a partner in Accenture’s retail consulting practice and was a member of the executive committee of the National Retail Federation from 2007 to 2010. “Michaels is an iconic brand and a category leader in the large and fragmented arts and crafts industry, with considerable potential moving forward,” said Mr. Rubin. “With its diverse product offering of industry defining brands and unique customer engagement strategy, Michaels has built a loyal customer base.
    [Show full text]
  • Case 1:07-Cv-12388-EFH Document 745 Filed 10/10/12 Page 1 of 221
    Case 1:07-cv-12388-EFH Document 745 Filed 10/10/12 Page 1 of 221 UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS KIRK DAHL, et al., Individually and on Behalf) Lead Case No. 1:07-cv-12388-EFH of All Others Similarly Situated, ) ) CLASS ACTION Plaintiffs, ) ) FIFTH AMENDED CLASS ACTION vs. ) COMPLAINT FOR VIOLATIONS OF THE ) FEDERAL ANTITRUST LAWS BAIN CAPITAL PARTNERS, LLC, et al., ) ) Leave to File Granted on June 14, 2012 Defendants. ) _____________________________ ) DEMAND FOR JURY TRIAL FILED UNDER SEAL Case 1:07-cv-12388-EFH Document 745 Filed 10/10/12 Page 2 of 221 TABLE OF CONTENTS Page INTRODUCTION ........................................................................................................................... 1 THE PARTIES ................................................................................................................................. 6 Plaintiffs ............................................................................................................................... 6 Defendants ........................................................................................................................... 7 Co-Conspirators ................................................................................................................. 12 JURISDICTION AND VENUE .................................................................................................... 14 TRADE AND COMMERCE ......................................................................................................... 15 MODE
    [Show full text]