Stocks are opening higher on Wall Street but are still on track to log their first losing week since early September. The S&P ...
The $8.5 billion deal is off for now. Capri stock plunged 45 per cent following the verdict as investors grow wary.
Capri Holdings, owner of the Versace, Jimmy Choo and Michael Kors luxury brands, lost almost half its value after a judge halted a purchase of the company by Tapestry, which makes Coach handbags.
FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition ...
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close ...
A federal judge blocked Tapestry’s (NYSE:TPR) acquisition of Capri (NYSE:CPRI) on Thursday following a brief trial last month in New York. In her order, Judge Jennifer Rochon granted the Federal Trade ...
1. Wall Street is on pace for a higher open as the yield on the benchmark 10-year Treasury note was little changed, hovering ...
The S&P 500 ( ^GSPC) gained roughly 0.5%, after the benchmark snapped a three-day losing streak. The Dow Jones Industrial ...
Shares of Capri Holdings (CPRI), parent company of Michael Kors and Jimmy Choo, are sinking after a US judge blocked its ...
A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...
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 ...