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Current DateTime: 11:44:32 29 Nov 2009
LinksList Documentid: 30483322
Expiration DateTime: 11/29/2009 11:45:22 AM

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Current DateTime: 11:44:33 29 Nov 2009
LinksList Documentid: 30456179
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IPOs Take Center Stage
Published: Monday, 2 Nov 2009 | 12:07 PM ET
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By: Bob Pisani
CNBC Reporter

One more try: Hyatt tries to beat the IPO jinx with its offering this week.

Another important week for IPOs, as hotel giant Hyatt Hotels (symbol: H) is expected to price Thursday for trading Friday at the NYSE; seeking to raise over $900 million: 38 million shares at $23-$26. Lots of drama here, surrounding the Pritzker family infighting.

A couple of well-known retail names have also announced terms for their IPO, though not clear when they will begin trading:

1) Hot teen retailers rue21 (proposed symbol RUE) announced terms of its IPO at the NASDAQ, seeking to sell 6.77 million shares at $16-$18 per share (about $115 million). They operate 500 stores in 43 states.

2) Dollar General also announced details of its IPO: 34.1 million shares at $21-$23.

October was not a great month for IPOs. While Vitamin Shoppe [VSI  Loading...      ()   ] did well:

1) Dole Foods [DOLE  Loading...      ()   ] is under water;

2) RailAmerica [RA  Loading...      ()   ] is HALF its $22 initial price of $22;

3) Banco Santander Brasil [BSBR  Loading...      ()   ], the biggest IPO of the year in the U.S., is trading nearly $2 below its initial price of $13.40;

4) and last week natural gas giant AEI just walked away from its IPO when they could not get the price they wanted.

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