Stocks gave up an early gain and closed mostly lower on Wall Street, ending a six-week winning streak. The S&P 500 ended little changed Friday. The Dow Jones Industrial Average fell 0.6%, while the ...
A U.S. federal judge has blocked the $8.5 billion acquisition deal between luxury handbag maker Tapestry and its rival Capri, ...
Wall Street stocks rose early Friday as markets began looking ahead to big tech earnings next week and the home stretch of a bitter US presidential campaign.
A federal judge blocked the merger between (NYSE: CPRI), the parent company of Michael Kors, and Tapestry, Inc., the owner of ...
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
US benchmark equity averages rose on Friday as the market ended a three-day losing streak with key earnings in focus.
Judge Jennifer Rochon sided with the FTC in its allegations that Tapestry’s Coach and Kate Spade brands combined with Capri’s ...
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The $8.5 billion deal is off for now. Capri stock plunged 45 per cent following the verdict as investors grow wary.