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Tag: Development

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A significant slice of IPOs are falling below their offering prices, an unwelcome development because privileged investors who bought at the offering price, and didn't sell, are losing money on these deals.

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Cash America International, Inc. (NYSE:CSH) announced recently that net income attributable to the Company for the third quarter of 2010 increased 24% to $27,908,000 (90 cents per share) compared to the third quarter of 2009 which was $22,478,000 (73 cents per share).

China Hydroelectric Corporation (NYSE:CHC) recently announced it consummated the previously announced acquisition of 100% of the Xiaopengzu hydroelectric power project, totaling 44 megawatts of installed capacity in Yunnan province of the PRC.

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