![]() ![]() Under which this service is provided to you. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018Ĭable News Network. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Given Imaging first IPO since mid - August – Sept. PayPal has yet to reach profitability and has net losses of $231 million since its inception in March 1999. PayPal has no contractual relationship with eBay ( EBAY: up $1.51 to $47.26, Research, Estimates) which could use to restrict use of PayPal advertising or compel sellers to use eBay Online Payments. In fact, a significant portion of its business comes from eBay Inc., which owns a majority stake in rival eBay Online Payments. PayPal depends on online auction transactions for much of its volume. The company processed an average of 165,000 payments per day totaling $8.2 million in daily volume for the quarter ended June 30, the company said in an SEC filing. Palo Alto, Calif.-based PayPal allows businesses and users to send and receive payments using email. will attempt to go public this week, the first new issue since Max Re Capital launched its new issue on Aug. Not one company went public last month, marking the first time no IPO was offered during the month of September since December 1975. ![]() Such information will be contained in future filings. PayPal, which filed for the IPO on Friday, has yet to determine how many shares it will sell or their price range. has filed with the Securities and Exchange Commission to raise as much as $80.5 million, making its plans for an initial public offering a rarity in an otherwise empty marketplace for IPOs.Ĭo-led by underwriter Salomon Smith Barney, the company will trade under the Nasdaq symbol " PYPL." Online payment processor files with SEC, ignores empty new-issues market ![]()
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