|Bid||180.500 x 0|
|Ask||209.200 x 0|
|Day's Range||205.800 - 205.800|
|52 Week Range||163.500 - 216.000|
|PE Ratio (TTM)||20.95|
|Forward Dividend & Yield||5.10 (2.52%)|
|1y Target Est||1,659.55|
Prudential plc (LSE:PRU) delivered an ROE of 14.85% over the past 12 months, which is an impressive feat relative to its industry average of 13.22% during the same period. Superficially,Read More...
Prudential Plc is boosting technology investment in Asia as part of its plans to double earnings in the region in coming years.
$5.5m worth of shares were sold in less than a week as Noble approaches a bond default. The fund managers of Prudential and Orbis have sold around 42.33 million of their shares in Noble Group Limited for ...
British insurer Prudential has split its European and international arms into two new companies, the latest example of wide-ranging restructuring of the European insurance sector.
U.K. large-cap stocks finish down slightly Wednesday, tracking losses in the U.S. that came as trade-war fears helped send industrial shares lower.
Mike Wells, Prudential Plc chief executive officer, discusses the company's growth strategy with Bloomberg's Mark Barton on "Bloomberg Markets: European Close." (Source: Bloomberg)
Prudential plc (LSE:PRU) is currently trading at a trailing P/E of 17.1x, which is higher than the industry average of 15x. While PRU might seem like a stock to avoidRead More...
One of the longest running dramas in global insurance has finally reached its great reveal: U.K.-based Prudential has pressed the button on splitting itself in two.
Prudential (PRU.L) is to spin off its British and European business from its international operations, breaking up the 170-year-old insurer to refocus on faster-growing markets in the sector's latest major shake-up. Prudential said it is splitting off savings and investment-focused M&G Prudential, which will be based in London, leaving Prudential plc focused on life insurance and asset management in the rapidly expanding markets of Asia and Africa as well as the United States, which is less tightly regulated than Europe.
Prudential (PRU.L) is to spin off its British and European business from its international operations, breaking up the 170-year-old insurer to refocus on faster-growing markets in the sector's latest major shake-up. Prudential said it is splitting off savings and investment-focused M&G Prudential, which will be based in London, leaving Prudential plc focused on life insurance and asset management in the rapidly expanding markets of Asia and Africa as well as the United States, which is less tightly regulated than Europe. The international business will also remain headquartered and listed in London, led by chief executive Mike Wells.
March 14 (Reuters) - Prudential: * HAVE AROUND 20 BILLION STG CLOSED ANNUITY BOOK REMAINING, NO PLANS TO SELL * CEO - THERE ARE NO EXECUTIVE FINANCIAL INCENTIVES IN THE DEMERGER * CEO MIKE WELLS - SPIN-OFF ...
March 14 (Reuters) - Prudential Plc: * TRADING IN H SHARES OF PRUDENTIAL PLC HALTED AT 2:11 P.M. ON MARCH 14 Source text for Eikon: Further company coverage:
Prudential Plc soared on plans to split the firm by spinning off its U.K. operations, a move that will create an insurance business focused on faster-growth markets in Asia, Africa and the U.S.
HONG KONG/SINGAPORE (Reuters) - Prudential PLC's Malaysian unit is in talks with the country's No.2 pension fund to sell a 30 percent stake, valued at about $435 million (313 million pounds), said people with knowledge of the matter, as overseas insurers race to comply with new foreign ownership rules. The discussions between Prudential Assurance Malaysia Bhd, a wholly-owned unit of the British insurer, and Kumpulan Wang Persaraan (KWAP) are not exclusive, and details of a possible deal could be finalised as early as this month, said the people. Foreign insurers are required to cut their stakes in their local units to 30 percent to abide by a directive announced by Malaysia's central bank last year, under an initiative to lift domestic participation in the industry.
Ahead of a big fundraising to fuel its mobile ambitions, "free" mobile service startup FreedomPop is taking an unexpected strategic side-road to expand into a completely different area: financial services. The company is licensing its customer conversion platform to Prudential, which plans to use it to up-sell existing customers to more of its products. FreedomPop itself is not turning away from mobile services.
British insurers called on the Bank of England on Thursday to ease a 50 billion pound capital charge which they blame for pushing business overseas. Although Deputy Governor Sam Woods has signalled a willingness to soften the so-called risk margin for months, the Bank of England has yet to deliver any change to the capital charge to cover what a third party would need to take over an insurer's policies if it went bust. In an unusually blunt statement to its regulator, the Association of British Insurers (ABI) said it was time for the BoE to act to address what a risk to financial stability.