corporate

Coach to Become Tapestry Inc.

Coach to Become Tapestry Inc.

 On Wednesday, Coach Inc. (NYSE: COH) announced plans to change their corporate name to Tapestry Inc. Shares dropped 2% in early trading after the announcement that Tapestry will be the holding company that will house their Coach, Kate Spa..

Amazon may get hit with EU’s Sales Tax Reform

Amazon may get hit with EU’s Sales Tax Reform

The European Commission is looking to propose a sales tax reform that is levied in the European Union to tackle fraud and curb companies’ excessive tax planning on Wednesday, which could definitely affect U.S. online retailer Amazon.com, Inc. ..

Insmed Incorporated Shares Jumped More than 100% After Positive Clinical Trial Data

Insmed Incorporated Shares Jumped More than 100% After Positive Clinical Trial Data

Insmed Incorporated (NASDAQ: INSM) stock jumped about 113% on Tuesday, after the biopharmaceutical company announced top-line data from its Phase 3 CONVERT study.The company announced that the global CONVERT study met its primary endpoint of culture..

La-Z-Boy Incorporated Down After Earnings Report

La-Z-Boy Incorporated Down After Earnings Report

La-Z-Boy Incorporated (NYSE: LZB) shares crashed more than 18% after the furniture company reported its operating results for the fiscal 2018 first quarter ended July 29, 2017. La-Z-Boy Incorporated manufactures, markets, imports, exports, distribut..