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Market Volatility Weighs On IPOs This Week

Companies expected to go public this week are mobile navigation services provider TeleNav Inc., which faces tough competition from Garmin Ltd., and Chinese solar company JinkoSolar Holding Co. Ltd., which tried and failed to go public in February. Others include Noranda Aluminum Holding Corp., another metals processor brought to market by Apollo, loaded with $718 million in debt; trucking company Roadrunner Transportation Systems Inc., which is using all IPO proceeds to pare debt; and telecommunications provider Wave2Wave Communications.

Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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