Family care website Care.com expects to raise up to $86 million in IPO
(Reuters) - Care.com Inc, an online marketplace for family care services, is seeking to raise up to $86 million in an initial public offering of its common stock.
Care.com expects to price 5.4 million shares between $14 and $16 each, the company said in a filing with the U.S. Securities and Exchange Commission on Friday.
(The story corrects day to Friday from Thursday in paragraph 2)
(Reporting by Varun Aggarwal in Bangalore; Editing by Kirti Pandey)
NEW YORK - U.S. stocks finished mostly higher on Friday, with the S&P 500 closing at a record after more jobs than expected were created in February and January's figure was revised higher. | Video
- U.S. small businesses borrowed more money in January than they did a year earlier, signaling continued growth in the economy despite a spate of cold weather that has been blamed for weakness in many other indicators of activity.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.