Toys R Us IPO: Next Year

Toys R Us is becoming like my favorite sports team -- halfway through the season and it's 'wait 'til next year.' According to a Reuters news story, the company will file for an IPO in 2012. It originally filed paperwork in 2010, then said 2011, and now...2012. The US Securities and Exchange Commission already approved its application, so technically, it could file for an IPO at any time, but given the lackluster response to IPOs this year -- in the US and even in once hot Hong Kong -- the company is commendably cautious. Given the less than stellar stock prices of those companies that did turn out an IPO this year, that caution is reflected by investors, too.