|Bid||107.22 x 100|
|Ask||107.28 x 100|
|Day's Range||105.16 - 107.89|
|52 Week Range||97.88 - 127.14|
|PE Ratio (TTM)||6.00|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||3.60 (3.43%)|
|1y Target Est||127.73|
Apr.10 -- Quincy Krosby, Prudential Financial chief market strategist, discusses the outlook for equity markets and her investment strategy with Bloomberg's Vonnie Quinn and Shery Ahn on "Bloomberg Markets."
PGIM, the asset management arm of Prudential Financial, named Ken Poliziani as its first chief marketing officer. Poliziani was most recently chief marketing officer of the institutional and retirement ...
PGIM today announced that Ken Poliziani has joined the firm as its first chief marketing officer. In his new role, Poliziani will be responsible for building on the strength and reputation of the overall PGIM brand as the company continues its global growth.
Jersey City, the second-most-populous city in the U.S. state of New Jersey, will continue to utilize Prudential Retirement as the recordkeeper for its $208 million governmental retirement plan.
The insurance sector (IYF) has seen underwriting losses in 2H17 mainly due to higher claims resulting from hurricanes and other calamities. This has led to higher insurance revenues for many companies, including Berkshire Hathaway (BRK.B). Underwriting losses will largely depend upon claims arising in the upcoming quarters.
In 1Q18, Berkshire Hathaway (BRK.B) is expected to post EPS (earnings per share) of $3,115, a rise of 44% on a YoY (year-over-year) basis aided by lower taxes, targeted efficiencies in BNSF, and an expected decline in claims from its insurance business. Berkshire is expected to see a 9.9% fall in its top line to $58.7 billion in 1Q18 due to subdued growth in underwriting fees and the services sector. In 4Q17, Berkshire posted EPS of $2,029, which were affected by underwriting losses and the subdued performance of its energy subsidiary.
Fifteen U.S. corporations including online retailer Amazon.com Inc (AMZN.O), power company Duke Energy Corp (DUK.N) and insurer Prudential Financial Inc (PRU.N) avoided U.S. tax on nearly $25 billion in combined profits last year, a tax watchdog group said on Tuesday. A report by the Institute on Taxation and Economic Policy, or ITEP, said data showed how profitable Fortune 500 companies have routinely lowered their tax bills long before the Republican tax overhaul signed into law by President Donald Trump in December. The 15 corporations had profits of $24.5 billion in 2017 but managed to obtain nearly $1.4 billion in rebates from the U.S. Treasury for a combined tax rate of minus 5.6 percent, according to the ITEP report, which examined corporate income tax disclosures.
Quincy Krosby, Prudential Financial chief market strategist, discusses the outlook for equity markets and her investment strategy with Bloomberg's Vonnie Quinn and Shery Ahn on "Bloomberg Markets." ...
PGIM Investments has entered the exchange-traded fund space with the launch of the PGIM Ultra Short Bond ETF . The fund is a diversified, fixed income, actively managed ETF that aims to deliver current income and capital appreciation with a focus on managing risk.
Michael Wells, chief executive officer at Prudential, discusses comments made by Chinese leadership and outlook for the insurance industry overall. He speaks with Stephen Engle on “Bloomberg Markets: European ...
Prudential Short Duration High Yield Fund, Inc. , a diversified, closed-end management investment company, announced today its unaudited investment results for the quarter ended February 28, 2018.
PGIM Fixed Income today announced that Brian Juliano, managing director, will be named head of the U.S. bank loan portfolio management team upon the retirement of Joe Lemanowicz later this year.
Prudential Financial Inc.’s investment management arm, PGIM, is bullish on global stocks and likes emerging-market debt, even as the escalating conflict between the U.S. and China over trade rocks markets....
Prudential Financial, Inc. will release its first quarter 2018 earnings on Wednesday, May 2, 2018, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com.
In December 2017, Prudential Financial Inc (NYSE:PRU) announced its latest earnings update. Overall, analyst consensus outlook seem bearish, as a -31.53% fall in profits is expected in the upcoming yearRead More...
A.M. Best has assigned Long-Term Issue Credit Ratings of “a-” to the newly issued senior unsecured notes of Prudential Financial, Inc. . The securities were issued in two tranches: $600 million 3.878% 10-year notes and $400 million 4.418% 30-year notes.
A collaborative effort between Prudential Retirement, a unit of Prudential Financial, Inc. , and Pension Insurance Corporation has created an innovative new approach for expediting longevity reinsurance transactions for smaller pension buy-ins and buy-outs.
Moody's Investors Service has assigned a Baa1 debt rating to the anticipated issuance of up to $1 billion of 10-year and 30-year senior notes by Prudential Financial, Inc. ("Prudential"; NYSE: ...
MIAMI, March 22, 2018-- Hispanicize Event announced the winners of the 2018 Positive Impact Awards, presented by Prudential Financial, Inc. On its fifth-year anniversary, the awards celebrate Latino heroes ...
Alta Energy's services enable owner to meet its goal of supplying 100% of the building's energy requirement with renewable energy generated on-site from 1.4MW solar power system. SAN MATEO, Calif., March 22, 2018 /PRNewswire/ -- Alta Energy, a sustainable energy advisory and procurement services provider, announced today the completion of a 1.4 MW solar parking canopy system at the Towers at Great America in Santa Clara, California, a Class A office property owned by investors advised by PGIM Real Estate. The solar power system will supply more than 100% of the energy consumed by the office property's amenities building, enabling it to qualify as an Emerging Zero Energy (ZE) building.
We have narrowed down to three bullish stocks to leverage investors' portfolio with a suggestion to offload Prudential (PRU) at the moment.
American International Group’s (AIG) Canadian business unit, AIG Canada, announced on February 13, 2018, that it had made the list of Canada’s Top 100 Employers of the younger generation. This special recognition is given to those employers that provide mentorship, tuition assistance, and other employee-friendly programs after course completions or promotions. According to AIG Canada’s management, the company has several initiatives that have been created for the purpose of retaining and attracting young people.
Millennials don’t share the confidence of baby boomers and Gen Xers who believe they’ll be financially better off than their parents, according to a study commissioned by Prudential Financial, Inc.