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Stock of Michael Kors owner Capri dives after judge blocks merger with Tapestry

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A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

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Stock News

Sony stock rises as gaming and imaging units boost profits

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Sony shares rose in premarket trade Friday after the company reported booming profit growth in the fiscal second quarter.

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Treasury volatility gauge plunges after market navigates election and Fed

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Bond yields fell as a calmer tone returned to the Treasury market after traders absorbed the re-election of Donald Trump and a Fed rate cut

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Chinese stock futures slump after stimulus announcement

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Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.

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