Reply To: Traders Market Weekly: Fed, Inflation and Profit Warnings

#43542
Truman
Participant

Tuesday – September 13

All day – Twitter (TWTR) will hold a special shareholder meeting to vote on Elon Musk’s offer to buy the company for $54.20 per share.

All day – Corebridge Financial (CRBG) is expected to start trading after spinning off from AIG. The IPO offering will see 80M shares released at an expected pricing range of $21 to $24 per share. CRBG is already profitable and expects to provide a 4% dividend yield at the IPO price.

All day – Shareholders with Kensington Capital Acquisition Corp. IV (KCAC.U) meet to vote on the deal to take silicon-anode battery maker Amprius Technologies public in a SPAC transaction.

All day – Starbucks (SBUX) will hold a highly-anticipated investor day event with the company’s new CEO and strategic plan in focus. Other companies holding investor events with the potential for guidance updates include Workiva (WK), Corteva (CTVA), Cimpress (CMPR), and Funko (FNKO).

All day – Workday, Inc. (WDAY) will host its financial analyst day event that will take place during Workday Rising, the company’s annual customer conference.

8:30 a.m. The consumer price index will be reported for August. While the month-to-month inflation rate is forecast to be flat, consumer prices are still expected to be up 8.1% on the year-over-year comparison vs. +8.5% in July.