- Barrons.com•7 hours ago
From the outlook for the first quarter from Prudential's global fixed-income unit, PGIM Fixed Income, some excerpts on five countries and three currencies that look attractive. In addition, hard currency spreads have underperformed DM [developed market] spread markets, local rates remain near their five-year highs, and high-yielding EMFX appears stable against a stronger U.S. dollar.
A U.S. judge on Monday narrowed but refused to dismiss a lawsuit seeking to hold Deutsche Bank AG liable to investors, including dozens of portfolios from BlackRock Inc and Pacific Investment Management Co, for losses on poorly underwritten residential mortgage-backed securities. The proposed class-action lawsuit sought to recover "significant monetary damages" arising from Deutsche Bank's alleged "failure to discharge its essential duties" as trustee of 62 trusts created between 2004 and 2008, and which issued notes backed by about $90.3 billion of home loans. In a docket entry, U.S. District Judge Jesse Furman in Manhattan granted Deutsche Bank's bid to dismiss conflict-of-interest claims but denied its request to dismiss representations-and-warranties, servicer-notification and event-of-default claims.
- Business Wire•yesterday
Prudential Financial, Inc., L+M Development Partners, and The Goldman Sachs Group, in partnership with Citi Community Capital, today joined Newark Mayor Ras Baraka to celebrate the grand opening of the historic Hahne & Company building in downtown Newark.
PRU : Summary for Prudential Financial, Inc. Comm - Yahoo Finance
Prudential Financial, Inc. (PRU)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||105.04 - 106.44|
|52 Week Range||57.19 - 108.29|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||9.96|
|Dividend & Yield||2.80 (2.65%)|
|1y Target Est||N/A|