Rosetta Stone, an Arlington-based language instruction company, plans to file an initial public offering this month, according to a filing with the Securities and Exchange Commission. It would be the first venture-capital-based IPO in six months.
The firm could raise as much as $106.3 million under its plan to offer 6,250,000 shares of common stock priced between $15 and $17 per share.
Federal Reserve Vice Chairman Kohn made the most explicit comment that we have heard from a central bank official to date about pausing in June. He said that the “economy, markets should gradually improve” and “monetary policy appears to be appropriately calibrated for now to promote both rising employment and moderating inflation over the medium term.”