Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry Inc. and Capri Holdings Ltd. have filed their notice to jointly appeal the decision by a U.S. District judge to ...
FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight For The Consumer
A federal court sided with the FTC to block Tapestry acquiring Capri Holdings, in a move Tapestry claims is "incorrect on the ...
Heard on the Street Friday Recap: Love Thy Enemy
Coach owner Tapestry may be disappointed with a judge's decision to block it from buying rival Capri. Shareholders evidently aren't. On Friday, Tapestry stock soared 14%, as investors concerned about ...
Capri Holdings Stock Tanks 50% After FTC Blocks Tapestry Merger. What Should Investors Do Now?
In today's video, I will discuss the Tapestry and Capri Holdings (NYSE: CPRI) merger that is currently being blocked. Check ...
Stock indexes lose early gain, drift to mixed finish
U.S. stock indexes gave up an early gain and drifted to a mixed finish Friday, giving the market its first losing week since ...
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Stock market today: Wall Street wavers in mixed trading, but remains on track for weekly losses
Stocks wavered in mixed trading on Wall Street Friday as companies continued reporting mostly solid earnings. The S&P 500 ...
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Merger of Coach and Michael Kors handbag makers halted in FTC antitrust case
A U.S. judge has halted the merger of the maker of Coach and Michael Kors handbags, saying it would reduce competition and ...
A Judge Just Blocked the $8.5 Billion Merger of Coach and Versace’s Parent Companies
A judge just blocked the $8.5 billion merger between Tapestry and Capri Holdings. The former owns brands like Coach; the ...
6-week winning streak for stocks ends; McDonald's E.Coli crisis spreads
The Dow Jones Industrial Average fell 0.6 percent and also posted its first weekly loss after six straight gains. The Nasdaq ...
Capri Sinks After FTC Wins Halt to $8.5 Billion Tapestry Tie-Up
Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge on Thursday blocked the company’s planned $8.5 ...
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Wall Street closes mostly lower and ends a 6-week winning streak
Stocks gave up an early gain and closed mostly lower on Wall Street, ending a six-week winning streak. The S&P 500 ended ...
Capri Tumbles 46% After US Court Blocks $8.5 Billion Merger With Tapestry
(Reuters) -Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach ...