Wall Street rises and trims most of the week's losses
New York – Stocks gained ground on Wall Street Friday as companies continued reporting mostly solid earnings. The S&P 500 ...
voguebusiness6m
Tapestry-Capri merger blocked: Why it matters
The $8.5 billion deal is off for now. Capri stock plunged 45 per cent following the verdict as investors grow wary.
Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers
FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...
Manufacturing26m
Merger of Handbag Makers Tapestry, Capri Halted as Judge Sides With FTC in Antitrust Case
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close ...
Tapestry $8.5 Billion Capri Deal Halted by Judge in FTC Win
A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...
Capri tumbles 46% after US court blocks $8.5 bln merger with Tapestry
Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent ...
Versace Parent Capri Stock Tumbles as Judge Blocks Merger With Coach Owner
Capri Holdings shares are plummeting nearly 50% in premarket trading Friday after a federal judge blocked Coach owner ...
Widlitz: Tapestry should thank the FTC for getting the company out of the Capri Holdings deal
SW Retail Advisors' Stacey Widlitz discusses the broader impact of the decision by a judge to block Tapestry's takeover of ...