What to Watch in the Day Ahead - Wednesday, March 13
12/03/2024 18:30
(The Day Ahead is an email and PDF publication that includes the day's major stories and
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Dollar Tree is likely to post a rise in fourth-quarter revenue owing to steady demand at its
stores. Investors will look for comments on demand, the impact of input costs and shrink trends,
as well as annual forecasts.
The U.S. House of Representatives is scheduled to vote on legislation that gives China's
ByteDance about six months to divest its popular short video app TikTok, used by 170 million
Americans.
Starbucks is scheduled to hold its annual shareholder meeting, at which investors will vote on
issues such as the composition of the company's board and executive pay, as well as proposals
related to discrimination, human rights policies at the company, and plant-based milk pricing.
Cisco is expected to win unconditional EU antitrust approval for its $28 billion bid for
cybersecurity firm Splunk.
(Compiled by Samarendra Sahoo in Bengaluru; Editing by Tasim Zahid)
((samarendra.sahoo@thomsonreuters.com;))