Nasdaq Drops, Chip Stocks Crater As Bond Yields Bite: Stock Market Today
Fabrinet's margin miss triggered a brutal selloff across the stock market today, while $91 Brent kept equities under pressure
Read original at benzingaStocks · News reference
Tapestry Expects To Buy Back $1.35B In Stock In FY2027 Under Existing Share Repurchase Authorization
Given Tapestry's strong financial position, significant free cash flow generation, and outlook for continued growth, the Company expects to return approximately $1.7 billion to shareholders in Fiscal 2027 through
Reference details
Connected markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Aug 13, 2026, 10:50 AM
- Checked
- Aug 13, 2026, 10:50 AM
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related headlines
S&P 500 Set Records, SanDisk Jumped 60% Off July's Lows: This Week on Wall Street
Cool inflation data cut September rate-hike odds to 25% and lifted the S&P 500 to a 27th record close, while SanDisk gained 34.7% and Tapestry dropped 20.5%.
Read original at benzingaUBS Maintains Buy on Tapestry, Raises Price Target to $232
UBS analyst Jay Sole maintains Tapestry (NYSE:TPR) with a Buy and raises the price target from $230 to $232.
Read original at benzingaMorgan Stanley Maintains Overweight on Tapestry, Lowers Price Target to $159
Morgan Stanley analyst Alex Straton maintains Tapestry (NYSE:TPR) with a Overweight and lowers the price target from $164 to $159.
Read original at benzinga