A look at business events during the week
SOMETIME THIS WEEK: Seattle biotechnology company Juno Therapeutics is expected to price its initial public stock offering this week amid investor enthusiasm for cancer-immunotherapy treatments. Juno aims to sell 9.25 million shares or more at $15 to $18 apiece, raising as much as $191 million before costs. Fred Hutchinson Cancer Research Institute and Seattle Children’s, as well as New York’s Memorial Sloan-Kettering Cancer Center, are key research partners as well as financial stakeholders in the potential success of Juno’s drugs.
TUESDAY: Boeing and Puget Sound Energy will announce a new energy initiative at the jetmaker’s 737 assembly plant in Renton, part of Boeing efforts to power the Renton site with 100 percent renewable energy. ... The Commerce Department reports on November housing starts.
WEDNESDAY: Federal Reserve policymakers conclude their two-day meeting with a statement on interest rates. Fed watchers will parse the statement for clues on when the central bank will ease its economic stimulus efforts. ... Washington state’s Employment Security Department releases November employment figures for the state and Seattle area. ... The federal Bureau of Labor Statistics issues its November consumer price index.
THURSDAY: The Conference Board releases leading indicators for November.