-0.000566153846153891 -2.46153846153622E-05 -0.00118153846153851 -0.00187076923076921 -0.00652307692307687 -0.0125538461538461 -0.0144492307692308 -0.0128861538461539
Sign Up Today X
Thanks for submitting the form.
Stockreport

Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails [BNN Bloomberg (Canada)]

Microsoft Corporation (MSFT)  More Company Research Source: BNN Bloomberg
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
That's the finding of a Bloomberg poll of merger-arbitrage specialists after the US Federal Trade Commission sued on Monday to block Tapestry's acquisition of its fashion-industry rival. For merger-arb traders, the challenge is to figure out which side will prevail in court, an outcome that likely won't be known for months. Capri's stock slumped for a third straight day Wednesday. It has lost some 6% since Monday's close and last traded around $35.50, well below the $57-per-share takeover bid. The stock was near $35 before the merger was announced in August. Complicating traders' task, Capri has released disappointing results the past two quarters. The shares may fall to the mid-$20-range or lower, so roughly 30% or more below the current level, if the transaction fails, according to a Bloomberg survey of 20 merger-arb specialists. The break price, as the downside potential is known, reflects respondents' views on the stock's value by year-end, when some poll participants expect [Read more]
IMPACT SNAPSHOT EVENT TIME: MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
MSFT alerts
from News Quantified
MSFT
NEWS
MSFT
Earnings
MSFT
Analyst Actions
MSFT
SEC Filings
Stockreport

Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails [BNN Bloomberg (Canada)]

Microsoft Corporation  (MSFT) 
More Company Research Source: BNN Bloomberg
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
That's the finding of a Bloomberg poll of merger-arbitrage specialists after the US Federal Trade Commission sued on Monday to block Tapestry's acquisition of its fashion-industry rival. For merger-arb traders, the challenge is to figure out which side will prevail in court, an outcome that likely won't be known for months. Capri's stock slumped for a third straight day Wednesday. It has lost some 6% since Monday's close and last traded around $35.50, well below the $57-per-share takeover bid. The stock was near $35 before the merger was announced in August. Complicating traders' task, Capri has released disappointing results the past two quarters. The shares may fall to the mid-$20-range or lower, so roughly 30% or more below the current level, if the transaction fails, according to a Bloomberg survey of 20 merger-arb specialists. The break price, as the downside potential is known, reflects respondents' views on the stock's value by year-end, when some poll participants expect [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS