GO
Loading...

Prudential Financial Inc

More

  • WASHINGTON, Dec 18- U.S. regulators have declared insurer MetLife Inc so big that its failure could destabilize financial markets, a designation that brings extra regulation. MetLife said in a statement on Thursday announcing the designation that it was disappointed by the decision, made by the U.S. Financial Stability Oversight Council, and was considering...

  • *Buyback, dividend hike, guidance lift Boeing, 3 M, CVS. NEW YORK, Dec 16- U.S. stocks rose in a volatile Tuesday session as energy shares rallied and investors bet the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. "Perhaps markets think the Fed will not be as on-schedule on taking out that language," said Quincy Krosby,...

  • NEW YORK, Dec 16- U.S. stocks rose in a volatile Tuesday session as energy shares rallied, and on bets the Federal Reserve will be cautious in removing support in the face of a more fragile global economy. Adding to global concerns, data showed factory activity shrinking in China and euro zone business growth remaining weak. "Perhaps markets think the Fed will not be...

  • UPDATE 1-Jefferies in talks to sell futures business Tuesday, 16 Dec 2014 | 9:33 AM ET

    Dec 16- Investment bank Jefferies Group LLC, owned by Leucadia National Corp, reported a quarterly net loss and said it was in talks to sell its futures brokerage. Jefferies bought the business, formerly known as Prudential Bache, from Prudential Financial Inc in 2011 for $430 million to expand into a full-fledged investment bank. Leucadia, which models itself on...

  • Midday movers: Delta Air Lines, Exxon Mobil & more Thursday, 11 Dec 2014 | 1:05 PM ET
    Wall Street New York Stock Exchange NYSE American Flags

    Some of Thursday's midday movers:

  • The slide came the day after oil cartel OPEC decided not to cut output in a meeting in Vienna. "We do not know if OPEC has ulterior motives to let oil prices drift lower and pinch the global sector, or if reaching a consensus on cuts was just too challenging," wrote Wells Fargo Securities in a Friday client note. "We'll wait to see the trend next week when there's full...

  • Prudential continues mega-rally as new business builds Tuesday, 18 Nov 2014 | 3:40 AM ET
    Tidjane Thiam

    British insurer Prudential said group new business profit was up 17 percent in the year to date on a constant exchange rate basis.

  • Midday movers: Kate Spade, Apple, Hospira & more Thursday, 6 Nov 2014 | 1:15 PM ET
    NYSE New York Stock Exchange

    Some of Thursday's midday movers:

  • Nov 6- Genworth Financial Inc lost more than a third of its market value after the life and mortgage insurer said a turnaround in its long-term care business would take longer than expected and posted a surprise quarterly loss. Shares of Genworth, the largest long-term care insurer in the United States, fell as much as 38 percent, wiping out about $2.7 billion of...

  • Nov 6- Life and mortgage insurer Genworth Financial Inc said it would suspend dividends in its life business until the end of next year, and that it was open to all strategic options. Genworth shares fell as much as 38 percent on Thursday, wiping out about $2.7 billion of the company's market value. Genworth, spun off from General Electric Co a decade ago, had years ago...

  • Nov 5- Prudential Financial Inc, the second-largest U.S. life insurer, reported a quarterly profit that fell short of market estimates by a wide margin, mainly due to losses tied to its derivatives program. The company reported operating earnings on an adjusted basis of $2.20 per share, well below the average analyst estimate of $2.41 per share.

  • After-hours buzz: Qualcomm, Tesla, Zillow & more Wednesday, 5 Nov 2014 | 4:56 PM ET
    Wall Street New York Stock Exchange NYSE

    Companies making headlines after the bell Wednesday: Qualcomm, Tesla, Zillow & more

  • Nov 5- Prudential Financial Inc, the second-largest U.S. life insurer, reported a 52 percent fall in quarterly profit, hurt by lower operating income from individual annuities and U.S. life insurance. The net profit in the financial services businesses attributable to the company was $465 million, or 99 cents per share, for the quarter ended Sept. 30, from $966...

  • WASHINGTON, Nov 5- The U.S. Wednesday's rule applies to banks and to large financial firms who are designated as "systemic" by the Financial Stability Oversight Council, a federal government panel of regulators that polices for emerging market threats. The FSOC has already designated General Electric Co's GE Capital, American International Group Inc and...

  • *Visa, MasterCard both rally after results. NEW YORK, Oct 30- U.S. stocks rallied on Thursday, boosted by a strong reading on quarterly economic growth and on the back of upbeat earnings reports including Visa, which accounted for nearly 150 points in the Dow industrials. "End of year for mutual funds is most likely going to be selling losers and continue to buy winners,"...

  • UPDATE 1-MetLife beats profit estimates as premiums rise Wednesday, 29 Oct 2014 | 4:51 PM ET

    Oct 29- MetLife Inc, the largest U.S. life insurer, reported a better-than-expected quarterly profit, helped by higher premiums and gains tied to its derivatives program. MetLife said earlier this month that it would fight a plan by the U.S. risk council to designate it as a firm whose demise could risk global finance, a tag that brings far greater regulatory...

  • Profit growth expectations for S&P 500 energy companies have fallen more than any other sector- from a forecast of 13.8 percent on July 1 to the current 1.8 percent, Thomson Reuters data showed. With various names due to report next week, including Exxon Mobil, Chevron, ConocoPhillips and National Oilwell Varco, there are hopes that executives will suggest that...

  • Your first trade for Friday Thursday, 23 Oct 2014 | 5:51 PM ET
    Fast Money Final Trade: FXC, EWZ, M, TLT

    The "Fast Money" traders share their final trades of the day.

  • Rising rates power play: Insurance stocks Monday, 13 Oct 2014 | 7:00 AM ET

    Insurance stocks are still in a slump but poised to rebound once interest rates rise. Priced at low valuations, it is a sector with upside.

  • Sloppy summer to continue this fall: Stock pros Friday, 15 Aug 2014 | 8:59 AM ET
    Traders on the floor of the New York Stock Exchange.

    Despite the rough ride this summer due to international turmoil, stocks look like they're poised to continue their upward march, two market watchers tell CNBC.