Action: Kellogg to permanently replace striking employees as workers reject new contract (K -0.79%)
Cut: Stitch Fix cuts revenue forecast for fiscal year despite topping earnings estimates (SFIX -17.86%)
Capex: Ford to invest $900M in Thailand plants for Ranger and Everest SUV (F +3.85%)
Later Today 🕒
Brown-Forman Corporation Earnings (BF.A)
UiPath Inc. Earnings (PATH)
Campbell Soup Company Earnings (CPB)
Thor Industries Inc. Earnings (THO)
H&R Block Inc. Earnings (HRB)
Weber Inc. Earnings (WEBR)
Korn Ferry International Earnings (KFY)
Udemy Inc. Earnings (UDMY)
United Natural Foods Inc. Earnings (UNFI)
Torrid Holdings Inc. Earnings (CURV)
Photronics Inc. Earnings (PLAB)
Sportsman’s Warehouse Holdings Inc. Earnings (SPWH)
8:30 PM IST: Job openings & Job quits
Today’s Market Terminology: Fiscal Deficit
A fiscal deficit is a shortfall in the government’s income compared to its spending. It is calculated as total amount spent in excess of income
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