Capri Holdings Limited ( CPRI ) shares are trading lower on Tuesday, together with Tapestry, Inc. ( TPR ) .  The Federal Trade Commission filed a lawsuit aiming to halt Tapestry’s $8.5 billion purchase of Capri Holdings ( CPRI ).  The acquisition seeks to combine three close competitors – Tapestry’s Coach and Kate Spade brands and Capri’s Michael Kors brand, per the FTC. “With the goal to become a serial...

01:12 PM EDT, 04/23/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 166.58, Change: +0.73, Percent...

01:10 PM EDT, 04/23/2024 (MT Newswires) -- Braemar Hotels & Resorts ( BHR ) said in a regulatory filing Tuesday that it has postponed its annual shareholders meeting from May 15 to July 30. The real estate investment trust said it is pushing back the meeting as it is currently suing activist investor Blackwells Capital, and that the case is...

ABU DHABI, April 23 (Reuters) - Abu Dhabi, capital of the United Arab Emirates, on Tuesday launched $5 billion in three-part bonds as it returned to the debt markets for the fist time in three years, fixed income news service IFR said. The emirate sold $1.75 billion in five-year bonds at 35 basis points (bps) over U.S. Treasuries (UST), a...