Monday Memo: Costco earnings, Snap IPO, home prices, Trump hotel opening


SOMETIME THIS WEEK: Snap, the developer of the Snapchat app, expects to complete an initial public offering of 200 million shares priced between $14 and $16 each. That would value Snap at roughly $20 billion, placing it among Southern California’s most valuable tech companies.

TODAY: The National Association of Realtors issues its pending home sales index for January.

TUESDAY: Case-Shiller releases its monthly home-price index, showing whether Seattle notched its fourth straight month as the hottest housing market in the U.S. … The Trump International Hotel & Tower officially opens in Vancouver, B.C., to the dismay of many locals. Donald Trump Jr. and his brother Eric are expected for the debut, and their company will manage the hotel. Vancouver’s mayor and the province’s premier are among those asking that the project’s connection with Trump be severed. … The…



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