Latest in Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
Sort by
4,835 items
-
Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.Business - MarketWatch - October 25 -
Michael Kors owner Capri’s shares crater after $8.5bn merger blocked
Decision is a win for antitrust regulators who argued deal with Kate Spade owner Tapestry would strangle competitionBusiness - Financial Times - October 25 -
Do I have enough money to retire? Ask yourself these 3 questions to assess whether you're ready
Do you have enough money to retire? Asking yourself several questions can help assess your financial readiness, expert said.Business - CNBC - October 24 -
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees.Business - CNBC - October 25 -
Tapestry-Capri Fashion Merger Is Blocked by Judge
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.Business - The New York Times - October 24 -
China borrows almost as cheaply as US in return to dollar bond market
Investors place nearly $40bn of orders to buy $2bn of bonds issued by China’s finance ministryBusiness - Financial Times - November 14 -
Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal
Tapestry Inc.’ stock soared Thursday, while Capri Holdings Inc.’s stock erased losses to gain 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.Business - MarketWatch - November 14 -
Coach-Michael Kors Deal Blocked by Judge
A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags.Business - The Wall Street Journal - October 25 -
Merger between makers of Coach and Michael Kors handbags halted by judge
Merger between luxury handbag makers would reduce competition and hurt consumers, U.S. District judge says.Top stories - CBS News - October 25 -
Starmer claims people with shares do not count as ‘working people’
Labour’s manifesto pledges on tax are coming under increasing scrutiny ahead of the BudgetBusiness - Financial Times - October 24 -
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the ...Business - The New York Times - November 14 -
Tapestry, Capri End Merger Hopes Amid Legal Uncertainty
Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ended their merger efforts after a federal lawsuit sought to block the deal.Business - The Wall Street Journal - November 14 -
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.Business - CNBC - November 14 -
L.A. Times Editorial Chief Quits After Owner Blocks Harris Endorsement
Mariel Garza said the editorial board was prepared to endorse Kamala Harris, but the paper’s owner, Patrick Soon-Shiong, decided not to make an endorsement in the presidential race.Business - The New York Times - October 24 -
LA Times editor resigns after owner blocks presidential endorsement
Mariel Garza says she is ‘standing up’ after billionaire Patrick Soon-Shiong quashes support for Kamala Harris. Patrick Soon-Shiong, the billionaire owner of the Los Angeles Times, refused to allow ...World - The Guardian - October 24 -
L.A. Times editorial editor quits after owner blocks plans to endorse Harris
The Los Angeles Times editorials editor resigned Wednesday after the publication's owner reportedly decided against making an official presidential endorsement -- specifically for Vice President ...Politics - The Hill - October 24 -
Tapestry’s stock climbs on sales and earnings beat, raised outlook
Tapestry’s first-quarter revenue was fueled by topline growth at Coach.Business - MarketWatch - November 7 -
45 years after the Greensboro Massacre
On Nov. 3, 1979, Ku Klux Klansmen and neo-Nazis ambushed and killed five leftist demonstrators at an anti-racist rally in Greensboro, North Carolina.Politics - The Hill - November 3 -
Judge partially blocks Texas transmission law
A federal judge on Monday struck down a section of a Texas law that gives state utilities the “right of first refusal” for building new electrical transmission lines. The law, SB 1938, made it ...Politics - The Hill - October 30 -
Pennsylvania judge refuses to block Musk's $1M giveaways
A Pennsylvania judge on Monday refused the Philadelphia district attorney’s request to block daily $1 million giveaways from Elon Musk’s pro-Trump super PAC in the lead-up to the election. Judge ...Politics - The Hill - November 4 -
Nio’s stock dives as earnings, outlook disappoint despite record deliveries
Nio’s stock drops after quarterly results and revenue outlook disappoint, despite record deliveries.Business - MarketWatch - Yesterday -
Super Micro's 45% plunge this week wipes out stock's gains for the year
Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.Business - CNBC - November 1 -
AppLovin, top tech stock of the year, soars another 46% on earnings beat
AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.Business - CNBC - November 7 -
Ohio judge permanently blocks state's 6-week abortion ban
An Ohio county judge issued a permanent injunction Thursday blocking the state from enforcing its “heartbeat” abortion ban, the first time the entire law has been permanently blocked following the ...Politics - The Hill - October 24 -
Judge blocks Virginia from purging voter rolls of alleged noncitizens
The ruling in Virginia on its voter rolls comes as Kamala Harris and Donald Trump are in a tight presidential election contest.Business - CNBC - October 25 -
Judge blocks Virginia from dropping alleged noncitizens from voter rolls
A federal judge on Friday granted a Department of Justice request to block Virginia from systematically removing alleged noncitizens from the voter rolls this close to an election.Top stories - NBC News - October 25 -
Judge rejects suit seeking to block acceptance of hand-returned mail ballots
The judge rejected a Republican lawsuit trying to block counties from opening election offices on Saturday and Sunday to let voters hand in their mail ballots in person.Top stories - CBS News - November 2 -
Judge rejects request to block Elon Musk $1 million voter giveaway
Tesla CEO Elon Musk and his America PAC are backing Donald Trump in the presidential election against Vice President Kamala Harris.Business - CNBC - November 4 -
Georgia judge rejects GOP lawsuit to block hand-returned mail ballots
A Georgia judge has blocked attempts to keep voters in Fulton County from submitting mail-in ballots in person. CBS News congressional correspondent Nikole Killion spoke with officials in the Peach ...Top stories - CBS News - November 4 -
Pennsylvania judge declines to block Elon Musk’s $1m voter prize giveaway
Prosecutors had called sweepstakes a scam that violates state election law and asked for it to be shut down. US election 2024 live: latest polls, results and updates The $1m-a-day voter ...World - The Guardian - November 4 -
Judges deny requests to block DOJ from monitoring polls
Federal judges denied two states' requests to bar the Justice Department (DOJ) from dispatching lawyers to monitor adherence to federal voting rights laws on Election Day. Both Missouri and Texas ...Politics - The Hill - November 5 -
Federal judge blocks Louisiana's Ten Commandments law in public schools
A coalition of Louisiana parents attempting to block a state law that would require the Ten Commandments be displayed in public school classrooms by next year have won a legal battle in federal court.Top stories - NBC News - November 12
