Stocks are wavering in mixed trading on Wall Street as companies continue to report mostly solid earnings. The S&P 500 fell 0 ...
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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 ...
Matthew J Bartolini, head of SPDR Americas research at State Street Global Advisors, suggests three areas of interest as 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 ...
After the market closed yesterday, Capri Holdings (CPRI), a judge ruled against the planned sale to Tapestry (TPR). In response, the stock plunged by over 50%, while TPR stock should gain at least 10% ...
The announcement sent shares of Capri (CPRI) - the owner of Versace, Jimmy Choo and Michael Kors - down 45% in after-hours trade. Shares of Tapestry (TPR) - which oversees Coach, Kate Spade and Stuart ...
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 ...