ADVFN - Advanced Financial Network.
HOME» NYSE » A » AXP Stock Price » AXP Stock News

American Express Share News

 American Express Co. Stock Price
AXP Stock Price
 American Express Co. Stock Chart
AXP Stock Chart
 American Express Co. Stock News
AXP Stock News
 American Express Co. Company Information
AXP Company Information
 American Express Co. Stock Trades
AXP Stock Trades

Eloqua Notches Modest Gains After IPO

By Lynn Cowan and Chris Dieterich NEW YORK--Shares of software company Eloqua Inc. (ELOQ) rose modestly on its first day as a publicly traded company. The company's stock opened at $12.02 a share on the Nasdaq Stock Market, according to FactSet, or 4.5% higher than its initial-public-offering price of $11.50. The company sold eight million shares at a price that was toward the higher end of its expected $10-to-$12 range. The stock fell back a bit shortly after its trading began, up 2.9% to $11.83 around 11 a.m. EDT. Eloqua, founded in 2000, makes performance-management software that it delivers via the Internet to subscribers. Its software automates marketing and sales initiatives and provides analysis and monitoring tools to users. Eloqua's software allows companies to track and analyze potential buyers' interactions with web pages, social-media networks and other communications platforms. Its customers include Adobe Systems Inc. (ADBE), American Express Co. (AXP), and VMware Inc. (VMW). Eloqua's software subscription fees increase when the size of a customer's database of potential buyers rises above a predetermined level. In 2011, Eloqua's revenue increased 40% to $71 million, though the company posted a net loss of $6.2 million, compared with a net loss of $1.5 million in 2010. In the first six months of 2012, Eloqua's revenue increased 42% to $45 million, although the company reported a net loss of $5.5 million, compared with a loss of $3.5 million in the first half of the prior year. The company has a history of losses and warns it may not be consistently profitable in the future. Eloqua's offering follows a disappointing debut last week from cloud-based business-software company E2open Inc. (EOPN), which fell 9.3% on its stock-market debut after pricing at the low end of its range. E2open fell 1.4% to $12.35 on Thursday, and remains 18% below its $15 IPO price. Write to Lynn Cowan at lynn.cowan@dowjones.com

Stock News for American Express (AXP)
DateTimeHeadline
10/16/201409:44:37U.S. Hot Stocks: Hot Stocks to Watch
10/15/201417:05:13MARKET SNAPSHOT: U.S. Stocks Cut Losses In Harrowing, Volatile...
10/15/201414:50:29MARKET SNAPSHOT: U.S. Stocks Plummet As Selling Intensifies
10/15/201411:24:17MARKET SNAPSHOT: U.S. Stocks Slide; Dow Drops Triple-digits
10/15/201410:08:06MARKET SNAPSHOT: U.S. Stocks Plunge After Poor Data
10/15/201409:23:24MARKET SNAPSHOT: U.S. Stocks: Futures Slide After Dour Economic...
10/15/201407:52:36MARKET SNAPSHOT: U.S. Stocks: Futures Drift Lower As Bank Of...
10/15/201406:15:17MARKET SNAPSHOT: U.S. Stocks: Futures Flat Ahead Of Bank Of America...
10/14/201417:48:50American Express Earnings Seen Rising -- Earnings Preview
10/12/201405:53:30MARKET SNAPSHOT: Earnings Under Pressure From Stronger U.S. Dollar
09/05/201416:01:45Social Shopping Site The Fancy Has Had Sale Talks With eBay...
08/29/201421:10:16Bike-Sharing Rolls Into Suburban Workplaces
08/22/201416:01:11Credit-Card Comparison Sites Come Under Fire
08/14/201417:25:28Berkshire Hathaway Continued Investing in Media in Second Quarter
07/24/201406:07:25Edenred Sees Venezuela, Brazil Currency Depreciation Hurting...
05/22/201414:11:15Obama to Pitch Importance of Tourism at Baseball Hall of Fame
05/15/201417:16:53Berkshire Hathaway Takes Stake in Verizon -- Filing
05/03/201416:15:14Buffett Defends Coca-Cola Abstention at Berkshire Meeting...
04/17/201417:12:38MARKET SNAPSHOT: S&P 500's Weekly Gain Is Best Since July 2013
04/17/201413:58:36MARKET SNAPSHOT: U.S. Stocks Set For Weekly Gains

American Express and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad