Stocks are gaining ground on Wall Street as companies continue to report mostly solid earnings. The gains have trimmed much ...
1. Wall Street is on pace for a higher open as the yield on the benchmark 10-year Treasury note was little changed, hovering ...
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Michael Kors Parent Craters On Blocked Merger With Tapestry
Shares of Capri Holdings, the parent company of luxury accessory brand Michael Kors, plummeted early Friday after a judge on Thursday blocked its $8.5 billion buyout from Coach-owner Tapestry.The ...
A federal judge granted the FTC's motion to block the merger between Tapestry and Capri Holdings.
A federal court blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a house of brands that would include Coach, Michael Kors, Versace and Jimmy ...
Tapestry's acquisition of rival Capri was blocked by a federal judge, dealing a blow to the company's intent to create a house of brands including Coach, Kate Spade, Michael Kors, Versace and Jimmy ...
A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The ...
The announcement sent shares of Capri (CPRI) - the owner of Versace, Jimmy Choo and Michael Kors - roughly 50% lower in after-hours trade. Shares of Tapestry (TPR) - which oversees Coach, Kate Spade ...
A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S.
with Michael Kors, Versace and Jimmy Choo, which are controlled by Capri. A trial in connection with the Federal Trade Commission's attempt to block Tapestry's acquisition of Capri took place in ...