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Politics : Sioux Nation

DJT 14.14

-1.9%

2:41 PM EST

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To: Sea Otter who wrote (182375)	12/11/2009 3:53:49 AM
From: stockman_scott	of 362084

Financial Engines, a Palo Alto, Calif.-based provider of technology-enabled portfolio management and investment services, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol FNGN, with Goldman Sachs serving as lead underwriter. Shareholders include Foundation Capital (17.4% pre-IPO stake), New Enterprise Associates (14.4%) and Oak Hill Capital Partners (9.3%). The company posted revenue of $58.8 million in the nine months ended September 30, up 12.6% from $52.3 million a year ago, and net income of $1.7 million, compared with a $1.5 million loss a year ago. financialengines.com

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