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Tapestry shares down as TD Cowen downgrades to 'hold' on growth risks

Tapestry's stock downgraded to 'hold' by TD Cowen due to concerns over consumer spending, acquisition risks, and slowing market growth, despite Coach’s strong performance.

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Futures rise as Treasury yields fall; indexes set for weekly losses

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Capri tumbles 46% after US court blocks $8.5 billion merger with Tapestry

Capri shares fell 46% after a U.S. judge blocked Tapestry's $8.5 billion merger, citing competition concerns, while Tapestry plans to appeal the ruling.

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Earnings ahead, Tapestry-Capri deal blocked - what's moving markets

US stock futures remain unchanged as investors analyze corporate earnings. A judge blocks Tapestry's merger with Capri, while Mercedes-Benz reports a significant profit decline.

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After-hours movers: Capri Holdings, Skechers, DexCom, Western Digital and more

The article discusses after-hours stock movements for several companies, highlighting significant gains and losses, including Capri Holdings' drop and Deckers Brands' rise.

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Capri plunges after US Judge blocks $8.5B merger deal with Tapestry

A U.S. judge blocked the $8.5B Tapestry-Capri merger due to competition concerns, leading to a 51% drop in Capri's stock and an 8% rise for Tapestry.

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US court blocks Tapestry's $8.5 billion acquisition of rival Capri

A U.S. judge blocked Tapestry's $8.5 billion merger with Capri, a significant FTC victory impacting competition and prices in the handbag industry ahead of the presidential election.

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US retailers look to back-up shipping plans to prep for holidays as strike continues

Major retailers like Levi and Costco adjust shipping strategies amid ongoing dockworker strikes, impacting goods availability and prompting contingency plans for the holiday season.

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US anti-trust trial in Tapestry bid for Capri ends, judge's decision awaited

The U.S. anti-trust trial over Tapestry's bid for Capri concluded, focusing on competition and consumer prices in the luxury handbag market, with a ruling pending from a federal judge.

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Competitive dynamics in focus as US tries to stop Tapestry-Capri merger

The FTC is attempting to block Tapestry's $8.5 billion merger with Capri, arguing it will reduce competition and harm consumers in the accessible luxury handbag market.