First Data, Albertsons Revise IPO Ambitions as Investors Balk

First Data Corp. raised less than it wanted in an initial public offering and Albertsons Cos. postponed its IPO as lingering investor skittishness and market volatility keep companies’ pricing ambitions in check.

On the heels of a modest third quarter, in which both the number of U.S. companies going public and the amount raised were at a 3-year low, sizable offerings from First Data and Albertsons signaled a possible pickup in the last three months of the year.