Edition:
United Kingdom

Prudential Financial Inc (PRU.N)

PRU.N on New York Stock Exchange

83.30USD
10 Dec 2018
Change (% chg)

$-2.57 (-2.99%)
Prev Close
$85.87
Open
$85.80
Day's High
$85.93
Day's Low
$81.84
Volume
1,006,411
Avg. Vol
650,093
52-wk High
$127.02
52-wk Low
$81.84

Latest Key Developments (Source: Significant Developments)

Prudential Financial - Board Has Authorized Repurchase Of Up To $2.0 Bln Of Its Outstanding Common Stock
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - Prudential Financial Inc ::PRUDENTIAL FINANCIAL INC - BOARD OF DIRECTORS HAS AUTHORIZED REPURCHASE OF UP TO $2.0 BILLION OF ITS OUTSTANDING COMMON STOCK.PRUDENTIAL FINANCIAL SAYS TO REPURCHASE COMMON STOCK DURING PERIOD FROM JANUARY 1, 2019 THROUGH DECEMBER 31, 2019 - SEC FILING.  Full Article

Brad Hearn Named President Of Prudential Advisors
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Prudential Financial Inc ::BRAD HEARN NAMED PRESIDENT OF PRUDENTIAL ADVISORS.  Full Article

Prudential Financial Buys UK Fund Manager Wadhwani Asset Management
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Prudential Financial Inc ::INVESTMENT ARM BUYS LONDON-BASED FUND MANAGER WADHWANI ASSET MANAGEMENT. TERMS NOT DISCLOSED.UPON CLOSING, WAM WILL BECOME PART OF THE QMA BUSINESS .SUBJECT TO ALL REGULATORY APPROVALS, THE DEAL IS EXPECTED TO CLOSE IN THE FIRST QUARTER OF 2019.UPON COMPLETION, THE EXISTING WAM INVESTMENT PLATFORM WILL OPERATE INDEPENDENTLY OF QMA’S INVESTMENT PLATFORM, WITH WAM FOUNDER DR. SUSHIL WADHWANI CONTINUING TO SERVE AS ITS CHIEF INVESTMENT OFFICER .  Full Article

Prudential Financial - Charles Lowrey Appointed Co's Next CEO
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Prudential Financial Inc ::PRUDENTIAL FINANCIAL INC - CHARLES LOWREY APPOINTED CEO AND CHAIRMAN-ELECT.PRUDENTIAL FINANCIAL INC - JOHN STRANGFELD TO RETIRE AS CEO IN NOVEMBER 2018 AND AS CHAIRMAN IN APRIL 2019.PRUDENTIAL FINANCIAL INC - ROBERT FALZON TO SUCCEED MARK GRIER AS VICE CHAIRMAN IN DECEMBER 2018 AND A MEMBER OF BOARD OF DIRECTORS IN AUGUST 2019.PRUDENTIAL FINANCIAL INC - APPOINTED CHARLES LOWREY AS COMPANY'S NEXT CEO AND MEMBER OF BOARD, EFFECTIVE DECEMBER 1, 2018.PRUDENTIAL FINANCIAL INC - STRANGFELD WILL SERVE AS NON-EXECUTIVE CHAIRMAN UNTIL APRIL 5, 2019.  Full Article

PGIM Global Short Duration High Yield Fund Qtrly Net Asset Value Per Share $16.17
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - PGIM Global Short Duration High Yield Fund Inc ::PGIM GLOBAL SHORT DURATION HIGH YIELD FUND, INC. REPORTS UNAUDITED EARNINGS AND FINANCIAL POSITION FOR QUARTER ENDED JULY 31, 2018.PGIM GLOBAL SHORT DURATION HIGH YIELD FUND INC QTRLY NET ASSET VALUE PER SHARE $16.17.  Full Article

Prudential Retirement, Aviva Life, Pensions U.K. Strike Longevity Reinsurance Transaction
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - PRUDENTIAL RETIREMENT::CO, AVIVA LIFE AND PENSIONS U.K. LTD. HAVE STRUCK FIRST LONGEVITY REINSURANCE TRANSACTION.AS PART OF DEAL, PRUDENTIAL INSURANCE COMPANY OF AMERICA ASSUMES LONGEVITY RISK FOR ABOUT £1 BILLION IN PENSION LIABILITIES.  Full Article

Prudential Financial Q2 Adjusted Operating Earnings Per Share $3.01
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Prudential Financial Inc ::PRUDENTIAL FINANCIAL, INC. ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED OPERATING EARNINGS PER SHARE $3.01.Q2 EARNINGS PER SHARE $0.46.Q2 EARNINGS PER SHARE VIEW $3.07 -- THOMSON REUTERS I/B/E/S.QTRLY BOOK VALUE PER SHARE OF COMMON STOCK $113.59.QTRLY ADJUSTED BOOK VALUE PER SHARE OF COMMON STOCK $92.60.ASSETS UNDER MANAGEMENT AMOUNTED TO $1.388 TRILLION AT JUNE 30, 2018, COMPARED TO $1.334 TRILLION A YEAR EARLIER.  Full Article

Prudential Financial Says Assets Under Management Of The PGIM Segment Were $1.156 Trillion
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Prudential Financial Inc ::PRUDENTIAL FINANCIAL INC - AS OF JUNE 30, 2018, ASSETS UNDER MANAGEMENT OF THE PGIM SEGMENT WERE $1.156 TRILLION.  Full Article

Unum To Acquire Poland-Based Pramerica Życie
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Unum Group ::UNUM TO ACQUIRE POLAND-BASED PRAMERICA ŻYCIE.UNUM TO ACQUIRE POLAND-BASED PRAMERICA ŻYCIE.SAYS DEAL ‍EXPECTED TO BE NEUTRAL TO ACCRETIVE TO UNUM'S EARNINGS PER SHARE IN 2018​.SAYS ‍TERMS OF SALE WERE NOT DISCLOSED​.SAYS‍ ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE PRAMERICA ŻYCIE TUIR SA FROM A SUBSIDIARY OF PRUDENTIAL FINANCIAL​.SAYS DEAL WILL NOT ALTER UNUM'S EARNINGS OR CAPITAL MANAGEMENT OUTLOOK FOR 2018​.  Full Article

Prudential Short Duration High Yield Fund, Inc. Reports Unaudited Earnings For Quarter Ended November 30
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Prudential Short Duration High Yield Fund Inc ::PRUDENTIAL SHORT DURATION HIGH YIELD FUND, INC. REPORTS UNAUDITED EARNINGS AND FINANCIAL POSITION FOR QUARTER ENDED NOVEMBER 30, 2017.PRUDENTIAL SHORT DURATION HIGH YIELD FUND INC - NET ASSET VALUE PER SHARE FOR QUARTER ENDED NOV 30, 2017 $16.55 VERSUS $16.67 FOR QUARTER ENDED NOV 30, 2016 ‍​.PRUDENTIAL SHORT DURATION HIGH YIELD FUND-NET INVESTMENT INCOME PER SHARE OUTSTANDING FOR QUARTER ENDED NOV 30 $0.27 VERSUS $0.30 FOR QUARTER ENDED NOV 30, 2016‍​.  Full Article

Prudential forecasts profit below Wall Street expectations

U.S. insurer Prudential Financial Inc forecasts 2019 profit largely below Wall Street expectations.