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Midas Franchise News

Browse the latest corporate news from Midas.

Midas, Inc. (NYSE: MDS) has acquired 22 Midas automotive service shops in Northern California from franchisee Maurice I. Glad. The transition was completed this weekend, and the shops opened today under Midas' management. There was no interruption in...
Midas, Inc. (NYSE: MDS) announced today that its board of directors has amended the company's existing rights agreement to allow certain long-term shareholders to increase their ownership of the company.
Midas, Inc. (NYSE: MDS) will present at the Gabelli & Company Automotive Aftermarket Symposium this week in Las Vegas.
Midas, Inc. (NYSE: MDS) reported net earnings of $1.4 million—or $0.10 per diluted share—for the third quarter ended Oct. 3, 2009. The 2009 results compare to net earnings of $1.7 million—or $0.12 per diluted share—in 2008.
The presentation by Midas, Inc. (NYSE: MDS), at the CL King "Best Ideas" Conference at the Omni Berkshire Place Hotel in New York will be available via webcast on Thursday, Sept. 17, beginning at 10:45 a.m. EDT.
Midas, Inc. (NYSE: MDS) has brought the well-known Northern California SpeeDee Oil Change name to San Diego by adding SpeeDee quick-lube services to 11 company-owned Midas shops in the San Diego market.
Midas, Inc. (NYSE: MDS) reported net earnings of $0.4 million--or $0.03 per diluted share for the second quarter ended July 4, 2009, compared to $2.2 million--or $0.16 per diluted share--in the second quarter of 2008. The second quarter 2009 results...
In its filing today with the Securities and Exchange Commission, Midas, Inc. (NYSE: MDS) reported that the company had discovered and corrected an error in its third party actuary's calculation of the annual projected pension benefit obligation.
Midas, Inc. (NYSE: MDS) reported net earnings of $7.9 million--or $0.57 per diluted share--for the fiscal year ended Jan. 3, 2009, compared to net income of $13.3 million--or $0.91 per diluted share--in the prior year.
Midas, Inc. (NYSE:MDS) will present at the Gabelli & Company Automotive Aftermarket Symposium this week in Las Vegas.
Midas, Inc. (NYSE: MDS) reported net earnings of $1.7 million--or $0.12 per diluted share--for the third quarter ended Sept. 27, 2008, compared to $3.0 million--or $0.21 per diluted share--in 2007. The 2008 results include $0.04 per share of special items
The presentation by Midas, Inc. (NYSE: MDS), at the CL King "Best Ideas" Conference at the Omni Berkshire Place Hotel in New York will be available via webcast on Wednesday, Sept. 17 beginning at 12:15 p.m. EDT.
Midas, Inc. (NYSE: MDS) reported net earnings of $2.2 million--or $0.16 per diluted share--for the second quarter ended June 28, 2008, compared to $3.0 million--or $0.21 per diluted share--in 2007.
Midas, Inc. (NYSE: MDS) reported net earnings of $1.3 million--or $0.09 per diluted share--for the first quarter ended March 29, 2008, compared to $2.2 million--or $0.14 per diluted share--in the first quarter of 2007. Both the 2008 and 2007 results...
Midas, Inc. (NYSE:MDS) has acquired the assets of G.C. & K.B. Investments, Inc., and its affiliated entities that franchise or sub-franchise 181 SpeeDee quick-lube and automotive maintenance shops in the United States and Mexico.
Midas, Inc. (NYSE: MDS) reported net earnings of $13.3 million--or $0.91 per diluted share--for the fiscal year ended Dec. 29, 2007.
Midas, Inc. (NYSE: MDS) has signed an exclusive franchise agreement with Talleres Rapidos Centramericanos TRC, S.A. a subsidiary of Purdy Motor S.A. to build and operate Midas shops in Costa Rica.
Midas' Denver area stores, 22 locations situated along the Front Range and affiliated with Midas International Corporation (NYSE:MDS), one of the world's largest providers of automotive services, are ringing in the new year by teaming up with the...
Midas, Inc. (NYSE:MDS) will present at the Sidoti & Company Emerging Growth Institutional Investor Forum in Palm Beach, Fla., on Wednesday, Jan. 23, 2008.
Midas, Inc. (NYSE: MDS) announced today that its board of directors has adopted a rights agreement and has declared a rights dividend distribution to shareholders of record on Monday, Dec. 31, 2007.
Midas, Inc. (NYSE: MDS) will present at two upcoming investor conferences, starting this week with the Gabelli & Company Automotive Aftermarket Symposium in Las Vegas.
Midas, Inc. (NYSE: MDS) reported net earnings of $3.0 million--or $0.21 per diluted share--for the third quarter ended Sept. 29, 2007, compared to net earnings of $2.4 million--or $0.16 per diluted share--in the prior year.
The board of directors of Midas, Inc. has elected William M. Guzik, chief financial officer, as executive vice president of the company, effective immediately. He had served as senior vice president and chief financial officer since 2001.
Midas, Inc. will present at three upcoming investor conferences, starting this week with the Gabelli & Company Automotive Aftermarket Symposium in Las Vegas. Alan D. Feldman, Midas chai...
Midas, Inc., has been designated as an approved vendor partner of Comdata Corporation to begin providing automotive repair and maintenance services to certain Comdata fleet fuel card custom...
Midas, Inc. will present at the Sidoti & Company Emerging Growth Conference in San Francisco on Thursday, Sept. 28 at 10:25 a.m. PDT. Alan D. Feldman, Midas chairman and chief executive...
Midas, Inc. has signed an amendment to its existing five-year $110 million unsecured revolving credit facility that reduces borrowing costs, increases the accordion feature and eliminates k...

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