Edition:
United States

Prudential Financial Inc (PRU)

PRU on New York Consolidated

105.47USD
7 Dec 2016
Change (% chg)

$1.83 (+1.77%)
Prev Close
$103.64
Open
$103.48
Day's High
$105.57
Day's Low
$103.10
Volume
2,605,370
Avg. Vol
2,661,516
52-wk High
$105.57
52-wk Low
$57.19

Latest Key Developments (Source: Significant Developments)

Prudential Financial reports Q3 adjusted oper earnings per share $2.66
Wednesday, 2 Nov 2016 04:18pm EDT 

Prudential Financial Inc : Prudential Financial Inc - assets under management amounted to $1.314 trillion at september 30, 2016, compared to $1.184 trillion at december 31, 2015. . In Q3, net income and adjusted operating income include a net benefit of 15 cents per common share . Prudential financial - asset management segment assets under management of $1.1 trillion at september 30, up 16% from a year earlier . Qtrly retirement gross deposits and sales of $12.3 billion include several new pension risk transfer cases totaling $4.2 billion. . Prudential financial, inc. Announces third quarter 2016 results . Q3 adjusted operating earnings per share $2.66 . Q3 earnings per share $4.07 .Q3 earnings per share view $2.49 -- Thomson Reuters I/B/E/S.  Full Article

SL Green and PGIM form joint venture for ownership of eleven madison avenue
Thursday, 11 Aug 2016 08:00am EDT 

Sl Green Realty Corp : Sold a 40% interest in eleven madison avenue, to pgim real estate, real estate investment business of pgim, inc . Transaction values property at $2.6 billion, inclusive of costs associated with lease stipulated improvements to property . Realized cash proceeds of approximately $480 million at closing, which will be used for debt reduction and other investment opportunities . Pgim real estate has a one-year option to acquire an additional 9% stake in venture at same gross property valuation of $2.6 billion .Sl green and pgim real estate form joint venture for ownership of eleven madison avenue.  Full Article

Prudential Financial reports Q2 adj operating earnings per share $1.84
Wednesday, 3 Aug 2016 04:18pm EDT 

Prudential Financial Inc : Q2 adjusted operating earnings per share $1.84 . Q2 earnings per share view $2.50 -- Thomson Reuters I/B/E/S . Q2 sales $8.1 billion . Prudential financial, inc. Announces second quarter 2016 results . Q2 earnings per share $2.04 . Retirement segment reported adjusted operating income of $236 million for current quarter, compared to $237 million in year-ago quarter . Assets under management amounted to $1.268 trillion at june 30, 2016, compared to $1.184 trillion at december 31, 2015 . Qtrly net income included pre-tax benefit from reserve updates,among others of $590 million for ongoing businesses . U.S. Retirement solutions and investment management division reported adjusted operating income of $870 million for q2 of 2016 . Qtrly net income includes benefit of 88 cents/share, adjusted operating income includes a net unfavorable impact of about 62 cents/share .U.S. Retirement solutions and investment management division reported adjusted operating income of $870 million for q2 of 2016, versus. $981 million.  Full Article

Prudential announces pricing terms of tender offer
Thursday, 16 Jun 2016 08:45am EDT 

Prudential Financial Inc : Prudential announces pricing terms of tender offer for certain outstanding debt securities .Prudential announces pricing terms of tender offer for certain outstanding debt securities.  Full Article

Prudential announces tender offer for certain outstanding debt securities
Thursday, 2 Jun 2016 09:28am EDT 

Prudential Financial Inc : Commenced a tender offer to purchase for cash up to $500 million aggregate principal amount of notes . Prudential Financial, Inc announces tender offer for certain outstanding debt securities .Prudential Financial, Inc announces tender offer for certain outstanding debt securities.  Full Article

Prudential Financial sets qtrly dividend of $0.70 per share
Tuesday, 10 May 2016 04:18pm EDT 

Prudential Financial Inc :Sets quarterly dividend of $0.70 per share.  Full Article

Prudential Financial Inc and LeapFrog investments launch a partnership in Africa
Thursday, 21 Jan 2016 04:14pm EST 

Prudential Financial Inc and LeapFrog Investments:Says launch of a $350 million investment partnership to access high-growth markets in Africa.  Full Article

Prudential Financial declares quarterly dividend on common stock
Tuesday, 10 Nov 2015 04:18pm EST 

Prudential Financial Inc:Announces the declaration of a quarterly dividend of $0.70 per share of Common Stock.Payable on December 17, 2015, to shareholders of record at the close of business on November 24, 2015.  Full Article

Prudential Financial, Inc's advisory business, Prudential Real Estate Investors acquires luxury residential tower in Cambridge, Mass
Tuesday, 15 Sep 2015 11:03am EDT 

Prudential Real Estate Investors:Acquires Twenty|20, luxury residential tower in Cambridge, Mass from Canyon Partners Real Estate LLC.Terms of the transaction were not disclosed.  Full Article

Prudential Financial sets quarterly dividend of $0.58 per share
Tuesday, 11 Aug 2015 04:07pm EDT 

Prudential Financial Inc:Sets quarterly dividend of $0.58 per share.Payable on Sept. 17, to shareholders of record at the close of business on Aug. 25.  Full Article

Fitch Upgrades Prudential Financial, Inc.'s Ratings

(The following statement was released by the rating agency) CHICAGO, November 15 (Fitch) Fitch Ratings has upgraded Prudential Financial, Inc.'s (PFI) Issuer Default Rating (IDR) and senior debt ratings to 'A' and 'A-', with a Stable Outlook, respectively, from 'A-' and 'BBB+'. In addition, Fitch has upgraded the Insurer Financial Strength (IFS) rating assigned to Prudential Insurance Company of America and certain other affiliated insurance companies to 'AA-' from 'A+', with a Negative Out