Sonos Files Confidentially for Planned Summer IPO

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Sonos Files Confidentially for Planned Summer IPO

Wireless speaker maker Sonos Inc. filed confidentially for an initial public offering, which it plans to hold as soon as this summer, people familiar with the matter said. The Santa Barbara, California-based company is looking to go public in June or July, targeting a market value of $2.5 billion to $3 billion,
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Investors Want to Know Whether Draghi Is Worried About Economic Momentum

Mario Draghi's press conference on Thursday may well feature repeated versions of the same question: how worried is he? From sagging business confidence to falling industrial output, the region seems to be losing economic momentum after the best …
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Facebook Investors on Alert for Any Evidence of User Defections

Chief Operating Officer Sheryl Sandberg told Bloomberg News earlier this month that some advertisers — “a few” — had in fact paused spending. Even so, analysts are forecasting a 42 percent increase in sales, to $11.4 billion. Heather Bellini, of Goldman Sachs, said she expects “ little to no impact” on
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Husband of Southwest Explosion Victim Speaks Out About Her Loss: 'I Have Not Been Angry Yet'

While Riordan would not speak about the accident that killed his wife or the investigation currently underway, he did reveal how he and his family are coping in the aftermath of losing Jennifer.
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CFPB Considers Ending Public Access to Complaints About Banks

WASHINGTON—The Trump administration is likely to end public access to a web portal used by hundreds of thousands of consumers each year to file complaints against financial companies.
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