particularly to buy back shares. Trading at a forward P/E of 11, Tapestry is close to trading at the levels before the merger announcement. While the company has clearly performed better than ...

Antitrust expert Harry First, a professor at NYU Law School, discusses a judge blocking Tapestry's $8.5 billion acquisition of Capri Holdings. June Grasso hosts.

Copyright 2024 The Associated Press. All Rights Reserved. FILE - A chain of the Coach brand, owned by parent company Tapestry, is seen, May 3, 2019, at the Citadel ...

NEW YORK (AP) — Tapestry Inc. and Capri Holdings Ltd. have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach ...

We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Tapestry currently has a Zacks Rank of #2 (Buy) thanks to rising earnings ...

In the event that the appeal is unsuccessful, Tapestry might look to buying back its shares from Capri. CFO Scott Roe said during Tapestry’s August earnings that, given Capri’s valuation, this is a ...

The clocks went back last night, meaning an extra hour in bed for most of us (parents of young children notwithstanding). In the UK, the last Sunday in October means the end of British Summer Time ...

A federal judge on Thursday blocked the pending merger of Tapestry and Capri on the grounds that the luxury handbag and accessories makers would undermine competition. The proposed $8.5 billion ...

In other words, things may get worse before they get better,” Cowen’s Chen says. For Tapestry (TPR), ”a no-deal outcome is the ideal scenario for Tapestry, allowing management to shed the ...

[Update as of 10/25/24] A federal judge has granted the Federal Trade Commission (FTC)‘s motion for a preliminary injunction to block the merger of two of America’s largest luxury houses — Tapestry ...