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2023-08-10 14:01:05 ET Tapestry ( NYSE: TPR )’s purchase of Capri Holdings Limited ( NYSE: CPRI ) drew mixed, though largely positive reviews, and flies in the face of Amazon’s recent move to cut private-label brands. The $8.5B deal for the owner of Coach t...
2023-08-10 13:25:55 ET Gainers: WeWork ( WE ) +87% . Capri Holdings Limited ( CPRI ) +56% . Black Spade Acquisition ( BSAQ ) +58% . Edible Garden AG Incorporated ( EDBL ) +43% . Lion Group Holding Ltd. ( LGHL ) +37% . Precige...
Capri Holdings Limited (NYSE: CPRI) is one today's most active stocks by volume. So far today, approximately 35.19M shares of Capri Holdings Limited have been exchanged, as compared to an average 30-day volume of 2.74M shares. Capri Holdings Limited designs, markets, distributes, and retails b...
2023-08-10 11:32:00 ET Shares of Capri Holdings (NYSE: CPRI) were up 56% at 10:08 a.m. ET on Thursday after Tapestry agreed to acquire the company for $57 per share for a total value of $8.5 billion. The companies will combine their leading brands to create a global fashion...
MONSEY, N.Y., Aug. 10, 2023 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the $57.00 per share in cash pursuant to which Capri Holdings Limited (NYSE: CPRI) (“Capri”) has agreed to be sold to Tapestry, Inc. (“Tapestry”). ...
2023-08-10 10:01:48 ET The stock market got off to a strong start Thursday morning, as major stock market benchmarks climbed as much as 1% at the open. Investors were generally pleased as year-over-year consumer inflation levels continued to move lower, reaching just 3.2% as of the latest r...
2023-08-10 08:19:35 ET Ralph Lauren Corporation ( NYSE: RL ) traded lower early on Thursday after topping revenue and EPS expectations with its FQ1 report, but falling short of the consensus mark for comparable sales after stripping out FX swings. The apparel giant said Nort...
2023-08-10 07:02:07 ET Tapestry ( NYSE: TPR ) announced that it struck a deal to acquire Capri Holdings Limited ( NYSE: CPRI ) for $57.00 per share in cash. The deal will have a total enterprise value of approximately $8.5B. The acquisition is noted to bring to...
2023-08-10 05:20:44 ET Stock futures rose in premarket trading on Thursday, as market players await the release of the Consumer Price Index, which could influence the Federal Reserve's next rate move. Here are some of Thursday's biggest stock movers in premarket trading: Biggest sto...
2023-08-09 22:29:23 ET Tapestry Inc. ( NYSE: TPR ), owner of the Coach brand, is in talks to purchase Capri Holdings ( NYSE: CPRI ), known for brands such as Michael Kors, Jimmy Choo and Versace. A deal, which has been under disdussions for months, could be annou...
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Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its first quarter fiscal 2025 financial results on Thursday, August 8, 2024, after the market closes via press release. Given the pending acquisition of Capri Holdings Limited by Tapestry, Inc., the Company does not inten...
2024-06-20 17:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...