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Prudential Financial Inc

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  • NEW YORK— The stock market endured its worst day in three weeks on Tuesday as investors fretted over Greece's debt crisis and a surge in the U.S. dollar. Time Warner Cable rose after agreeing to be acquired by Charter Communications for $55 billion. Time Warner closed up $12.42, or 7 percent, to $183.60.

  • Yellen will be preceded by Chicago Fed President Charles Evans, who will talk about policy on Monday and Wednesday in Europe. "From Yellen, markets want to know whether or not she continues with that direction," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey. On the earnings front, the week's top billing will be the world's...

  • NEW YORK, May 14- U.S. corporate spending on capital projects could fall this year to the lowest level since 2011, with steep reductions by the energy industry and companies in other sectors cutting spending amid broad concerns about global growth. "They're not spending at a pace that would suggest a global recovery," said Peter Cardillo, chief market economist at...

  • NEW YORK, May 14- U.S. corporate spending on capital projects could fall this year to the lowest level since 2011, with steep reductions by the energy industry and companies in other sectors cutting spending amidst broad concerns about global growth. "They're not spending at a pace that would suggest a global recovery," said Peter Cardillo, chief market economist...

  • May 11- The U.S. government on Monday said MetLife Inc's lawsuit fighting its designation as being systemically important to the economy, often referred to as "too big to fail," should be dismissed. MetLife had in January became the first nonbank to challenge a decision by the Financial Stability Oversight Council, a panel led by Treasury Secretary Jacob Lew, that...

  • May 6- MetLife Inc, the largest U.S. life insurer, reported a better-than-expected quarterly profit due to gains from investments and derivatives. MetLife has long had a substantial derivatives program designed to smooth out risks stemming from changes to interest rates, currency exchange rates and equities. MetLife's total operating revenue fell slightly...

  • Prudential Financial quarterly profit rises 64 pct Wednesday, 6 May 2015 | 4:29 PM ET

    May 6- Life insurer Prudential Financial Inc reported a 64 percent jump in quarterly profit, helped by an increase in income from its U.S. retirement solutions and investment management unit. Net income attributable to Prudential Financial rose to $2.04 billion, or $4.37 per share, for the first quarter ended March 31, from $1.23 billion, or $2.59 per share, a year...

  • OMAHA, Neb., May 2- Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc, a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big to fail and requires tighter regulatory oversight. Those catastrophes can be costly, and both the September 11 attacks on the World Trade Center and Pentagon as well as Hurricane...

  • NEW YORK, April 3- Market focus will shift from macro to micro next week, and investors betting on gains in stocks will hope coming earnings reports will be somewhat stronger than recent disappointing economic figures. Earnings expectations have been falling sharply in the past weeks, with the most recent estimate showing a 2.8 percent decline in earnings...

  • NEW YORK, April 2- Market focus will shift from macro to micro next week as economic data winds down and quarterly earnings reports from S&P 500 components including Alcoa take center-stage. Earnings expectations have been falling sharply in the past weeks, with the most recent estimate showing a 2.8 percent decline in earnings growth, squeezed by dwindling...

  • *Markit, ISM services show modest growth. *Healthcare stocks rise after Supreme Court oral argument. The market had a terrific February, "said David Katz, chief investment officer at Matrix Asset Advisors, in New York.

  • *Markit, ISM services show modest growth. *Healthcare stocks rise after Supreme Court hearing. The sector's top gainers were HCA Holdings, Tenet Healthcare and Universal Health Services.

  • March 2- Life and mortgage insurer Genworth Financial Inc said it identified "material weakness" in its control over financial reporting, due to which it failed to spot a $44 million after-tax calculation error. Genworth said it failed to correctly implement changes to one of its methodologies as part of its long-term care insurance claim reserves review...

  • Feb 11- United State's largest life insurer MetLife Inc reported a better-than-expected quarterly profit due to gains from investments and derivatives, reflecting falling interest rates and a rising dollar. MetLife reported net investment gains of $230 million in the fourth quarter ended Dec. 31, compared with a loss of $178 million a year earlier.

  • New ideas: So go financials, so goes S&P? Tuesday, 10 Feb 2015 | 8:27 AM ET
    Pedestrians walk past Bank of America Corp. signage in New York.

    CNBC's Brian Sullivan points out market anomalies that you need to know about for your money.

  • *GoPro stumbles after results, COO resignation. NEW YORK, Feb 6- U.S. stocks were little changed in afternoon trading Friday as a rosy U.S. jobs report supported expectations of a rise in U.S. interest rates by mid-year, helping financial stocks that benefit from higher rates but hurting utilities. Simon Properties, a real estate investment trust, was down 3.7...

  • Thursday's midday movers: DuPont, FireEye & more Thursday, 5 Feb 2015 | 12:26 PM ET
    Traders on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's midday movers:

  • Feb 4- Prudential Financial Inc reported a lower-than-expected quarterly adjusted profit as expenses rose and the life insurer booked losses stemming mainly from a weaker Japanese yen. Japan accounts for about a third of the company's international premiums. The insurer reported adjusted operating earnings of $2.12 per share for the fourth quarter ended...

  • After-hours buzz: Yum, Keurig, Under Armour & more Wednesday, 4 Feb 2015 | 5:00 PM ET
    New York Stock Exchange NYSE

    Check out which companies are making headlines after the bell Wednesday: Yum, Keurig, Under Armour & more.

  • Prudential Financial's quarterly net loss widens Wednesday, 4 Feb 2015 | 4:24 PM ET

    Feb 4- Life insurer Prudential Financial Inc's quarterly net loss widened, due partly to losses related to the dollar's strength against the Japanese yen. The net loss from financial services businesses attributable to the company widened to $1.21 billion, or $2.69 per share, for the fourth quarter ended Dec. 31, from $427 million, or 94 cents per share, a year...