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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 of them. The 10 stocks that made the cut ...
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 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 ...
Tapestry and Capri each had their reasons for wanting to join forces. For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of growth.
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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 ...
While the market driven by short-term sentiment influenced by the accommodative interest rate environment in the US, virus news and stimulus spending, many smart money investors are starting to ...
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