For the week of June 15, we outline the Fitbit IPO, notable quarterly earnings reports, as well as key economic data to watch on Wall Street. Fitbit is scheduled to make its trading debut on the floor of the New York Stock Exchange Wednesday. The maker of the wearable fitness tracker is hoping to raise as much as $358 million in its initial public offering. Shares are expected to trade under the ticker FIT. On the earnings front, we note reports from Comverse (CNSI), Adobe Systems (ADBE), Bob Evans Farms (BOBE), FedEx Corp (FDX), Oracle (ORCL), Pier 1 Imports (PIR), Darden Restaurants (DRI), Kroger (KR), Rite Aid (RAD), CarMax (KMX), and KB Home (KBH). On the economic calendar, Wall Street awaits industrial production numbers, housing starts, the Federal Open Market Committee meeting announcement, as well as the consumer price index. TheStreet’s Kurumi Fukushima reports in New York.
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