PRU - Prudential Financial, Inc.
| Previous Close | 104.23 |
| Open | 104.63 |
| Bid | 93.50 x 1100 |
| Ask | 117.14 x 2200 |
| Day's Range | 103.62 - 104.93 |
| 52 Week Range | 92.05 - 127.14 |
| Volume | 2,555,137 |
| Avg. Volume | 1,805,940 |
| Market Cap | 43.726B |
| Beta | 1.57 |
| PE Ratio (TTM) | 6.03 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 3.60 (3.61%) |
| Ex-Dividend Date | 2018-08-20 |
| 1y Target Est | N/A |
- Bloomberg•3 days ago
Too Early to Panic on S. Africa Land, SARB Official Says
The South African ruling party’s plan to make it easier to take land without compensation could have an impact on financial-sector stability but it’s “too early to panic,” said Kuben Naidoo, the head of the Prudential Authority, which regulates banks. The ruling African National Congress supports changing the constitution to make it easier to expropriate land, adding to emerging-market jitters that have knocked the country’s assets. While the party sees the change as a way to speed up redressing racially skewed ownership patterns dating back to apartheid, critics say it could erode property rights and lead to Zimbabwe-style land grabs.
- Bloomberg•3 days ago
Too Early to Panic on S. Africa Land, SARB Prudential Head Says
The South African ruling party’s plan to make it easier to take land without compensation could have an impact on financial-sector stability but it’s “too early to panic,” said Kuben Naidoo, the head of the Prudential Authority, which regulates banks. The ruling African National Congress supports changing the constitution to make it easier to expropriate land, adding to emerging-market jitters that have knocked the country’s assets. While the party sees the change as a way to speed up redressing racially skewed ownership patterns dating back to apartheid, critics say it could erode property rights and lead to Zimbabwe-style land grabs.
Markit•3 days agoSee what the IHS Markit Score report has to say about Prudential Financial Inc.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting PRU. Over the last month, growth of ETFs holding PRU is favorable, with net inflows of $15.19 billion.
Reuters•5 days agoGoldman Sachs nears deal to sell its fintech app: source
(Reuters) - Goldman Sachs is in advanced talks with several financial companies to spin off its three-year-old app, Simon, which sells complex financial products to retail investors, a source familiar ...
- CNBC•5 days ago
Goldman shares rise as rivals line up to take stakes in bank's 'Simon' investing app
The Wall Street firm has been mulling a spinoff of the app, called Simon, which it developed as a way to sell bond-like investment products to retail investors through brokers.
- Reuters•5 days ago
Goldman Sachs nears deal to sell its fintech app - WSJ
Goldman Sachs is in advanced talks with several financial companies to spin off 'Simon', its three-year-old app that sells financial products to retail investors, the Wall Street Journal reported https://on.wsj.com/2OzaWmf ...
- Reuters•5 days ago
BRIEF-Goldman Sachs Nears Deal To Spin Off 'Simon' App - WSJ
Sept 19 (Reuters) - * GOLDMAN SACHS NEARS DEAL TO SPIN OFF 'SIMON' APP - WSJ, CITING SOURCES * DEAL BEING DISCUSSED WOULD VALUE GOLDMAN'S SIMON APP AT ABOUT $100 MILLION; DEAL LIKELY TO BE FINALIZED IN ...
- The Wall Street Journal•5 days ago
[$$] Prudential Names New Finance Chief
Prudential Financial named new executives, including a new chief financial officer, about a week after announcing its chief executive would step down.
Markit•6 days agoSee what the IHS Markit Score report has to say about Prudential Financial Inc.
Prudential Financial Inc NYSE:PRU
- Moody's•11 days ago
Prudential Financial, Inc. -- Moody's rates Prudential junior sub debt at Baa2(hyb)
NYSE:PRU, senior unsecured debt at Baa1, positive) anticipated issuance of up to $1 billion of 30-year junior subordinated notes. The rating outlook for Prudential and its subsidiaries is positive. The issuance will likely increase Prudential's financial and total leverage and decrease its coverage metrics somewhat, but within Moody's rating expectations.
- CNBC•11 days ago
Cramer's lightning round: I'm not the call on how to play Roku
Jim Cramer rattles off his take on callers' favorite stocks, including a streaming play that he's gotten wrong in the past.
- The Wall Street Journal•12 days ago
[$$] Prudential CEO to Retire in November
Prudential Financial said CEO John Strangfeld will retire at the end of November and be succeeded by Charles Lowrey, chief operating officer of the company’s international businesses.
Yahoo Finance•12 days agoPrudential’s CEO to retire, Nielsen may be sold, Tiffany gets upgraded
Prudential, Nielsen, Tiffany & Co, Tesla and Uber are the companies to watch.
- CNBC•12 days ago
Stocks making the biggest move premarket: AAPL, NIO, GILD, TEVA, BMY & more
These are the stocks posting the largest moves before the bell.
- American City Business Journals•12 days ago
Dallas investment firm readies first $343M debt fund for oil and gas drillers
Dallas investment firm Prudential Capital Energy Partners has raised $343 million for its first fund to offer a unique kind of low-cost debt to oil and gas drillers.
- MarketWatch•12 days ago
Prudential CEO to retire after 10 years in the role
Prudential Financial Inc. said Wednesday Chief Executive John Strangfeld will retire, effective Nov. 30, after about 10 years in the role. The insurer said Charles Lowrey, who has been chief operating officer since April 2014, will be the next CEO. Strangfeld will remain non-executive chairman until April 5, 2019, after which Lowrey will assume the role of chairman. Separately, the company said named Chief Financial Officer Robert Falzon as vice chairman, to succeed current Vice Chairman Mark Grier in December 2018. Grier, who joined the company as CFO in May 1995, will step down from the board of directors in August 2019. The stock was indicated fractionally lower in premarket trade. It has lost 15.1% year to date through Tuesday, while the SPDR S&P Insurance ETF has gained 3.8% and the S&P 500 has advanced 8.0%.
- The Wall Street Journal•13 days ago
[$$] Prudential Unit Raises $343 Million for First Energy Mezzanine Fund
The unit, Prudential Capital Energy Partners, is sponsored by Prudential Capital Group, the private-capital arm of Prudential Financial Inc.’s global investment-management business.
- Simply Wall St.•14 days ago
Who Are The Top Investors In Prudential Financial Inc (NYSE:PRU)?
Every investor in Prudential Financial Inc (NYSE:PRU) should be aware of the most powerful shareholder groups. Insiders often own a large chunk of younger, smaller, companies while huge companies tendRead More...
- MarketWatch•14 days ago
Reforms haven’t eliminated risk of another Lehman-type failure
Reforms made in response to the bankruptcy of Lehman Brothers in 2008 won’t prevent a repeat, experts told MarketWatch.
- Zacks•14 days ago
Prudential's Product Offering Impresses, Rising Costs a Woe
Prudential (PRU) continues to gain from an expanded product offering, strong international presence and a robust capital position. However, rising expenses are a dampener.
- American City Business Journals•14 days ago
L.A. buyer can't resist Nashville apartments, pays another top-5 price to buy them
For the second time this year, a real estate investor from Los Angeles has bought a Nashville apartment complex for a price ranking among the highest ever paid for that kind of property. IMT Capital LLC paid $73.2 million for the Broadstone Germantown apartment complex, according to newly filed public records. The building is immediately north of downtown Nashville in the fast-changing Germantown neighborhood, steps from the Nashville Sounds ballpark.
- Reuters•20 days ago
Prudential launches consumer-direct insurance, investing service
Prudential Financial Inc is going straight to consumers with its insurance and investment products for the first time in its 143-year history, a move that follows rivals and startups which are already well established in the field. The direct-to-consumer service marks a sea change for Newark, New Jersey-based Prudential, the largest U.S. life insurance company by assets, managing $1.4 trillion, according to a filing. Prudential is also one the oldest U.S. insurance and investment companies, which has traditionally sold its products through a large network of advisers as well as employer-sponsored insurance and retirement plans.
- Reuters•25 days ago
Fed gives Deutsche Bank, others extension on 'living will' submissions
The Federal Reserve said on Thursday that it was giving Deutsche Bank AG (DBKGn.DE) and four other financial institutions an additional year to submit "living wills" detailing how they could be safely dissolved in a crisis. The Fed, along with the Federal Deposit Insurance Corp, said Deutsche, Barclays PLC (BARC.L), Credit Suisse Group AG (CSGN.S) and UBS AG (UBSG.S) would now be required to submit those resolution plans by July 1, 2020. Additionally, the regulators said Prudential Financial Inc (PRU.N) would face a new submission deadline of Dec. 31, 2019.
- Reuters•25 days ago
Fed gives Deutsche Bank, others extension on 'living will' submissions
The Federal Reserve said on Thursday that it was giving Deutsche Bank AG and four other financial institutions an additional year to submit "living wills" detailing how they could be safely dissolved in a crisis. The Fed, along with the Federal Deposit Insurance Corp, said Deutsche, Barclays PLC, Credit Suisse Group AG and UBS AG would now be required to submit those resolution plans by July 1, 2020. Additionally, the regulators said Prudential Financial Inc would face a new submission deadline of Dec. 31, 2019.
- CNBC Videos•4 days ago
Final Trades: INTC, OIH & more
The "Fast Money" traders share their final trades of the day, including Intel, the OIH oil ETF, Red Hat and Prudential.
