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Tapestry, Inc. (NYSE:TPR) has entered into Accelerated Share Repurchase agreements with Bank of America N.A. and Morgan Stanley & Co. LLC to repurchase $2.0 billion shares of common stock. While ...
Tapestry stock was up more than 13% and was trading at the highest level in a decade following Thursday's announcement of a share buyback alongside the merger's termination.
Tapestry, Inc. (NYSE:TPR) shares are trading higher premarket on Thursday after the company disclosed that it has reached an agreement with Capri Holdings Limited (NYSE:CPRI) to terminate their ...
Tapestry stock plunged nearly 16% as of the market close on Thursday while shares of Capri Holdings skyrocketed 55%. According to one industry veteran, the deal may not be a smart move on the part ...
With Tapestry's $8.5 billion merger with luxury retail peer Capri called off, CIO Yang Lu can dedicate her focus on innovative technologies, like artificial intelligence.
The news sent Capri's stock crashing, as its shares fell more than 45% while Tapestry shares climbed double-digits. Now that the merger is currently blocked, what should investors do with the ...
Capri Holdings (), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by Coach ...
Before you buy stock in Capri, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Capri wasn’t one ...