July 11, 2018

PGIM Investments to host closed-end fund conference call

NEWARK, N.J., July 11, 2018 - PGIM Investments announced it will host a conference call to provide market commentary and product updates for PGIM Short Duration High Yield Fund, Inc. (NYSE:ISD) and PGIM Global Short Duration High Yield Fund, Inc. (NYSE:GHY).

July 10, 2018

Working in retirement may be the new norm according to PGIM Investments study

NEWARK, N.J., July 10, 2018 - Few current retirees take a new job in their golden years—but more than half of future retirees expect to continue working during retirement, driven by uncertainty about Social Security and their own financial preparedness, a new study from PGIM Investments reveals.

July 09, 2018

Market Focus: Inflation data, bank earnings, trade, and Federal Reserve speakers

During a week of strong economic data releases, as well as the implementation of the first tranche of tariffs against Chinese goods and Chinese counter tariffs against U.S. products (already discounted by the markets), markets enjoyed a respite from the escalation of trade concerns, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

July 02, 2018

Millennials’ vision of the future looks beyond flying cars

Fifty years ago, Philip K. Dick’s landmark sci-fi novel “Do Androids Dream of Electric Sheep?” envisioned a 21st century of androids, flying cars and space colonies. What happened? Sure, we have Android phones, but what about our flying cars?

July 02, 2018

Escalating trade tensions have markets defensive as holiday week begins

In this shortened Fourth of July week, tariff-related issues are a major focus as U.S. tariffs against Chinese goods are due to be implemented on July 6, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

June 29, 2018

Quincy Krosby’s Q3 2018 Commentary: The Road to Normal

We’re in a new environment that could shift if markets sense the Fed is making a policy mistake. This new backdrop calls for caution and selectivity, as companies now must earn investor approval as markets adjust, says Quincy Krosby, Prudential's chief market strategist in her Q3 2018 Market Commentary: “The Road to Normal

June 28, 2018

Prudential sustainability report focused on financial wellness, diversity and responsible impact

NEWARK, N.J., June 28, 2018 - Prudential Financial, Inc. (NYSE: PRU) released today its 2017 sustainability report, detailing how the company supports its four building blocks of long-term vitality: customer focus, responsible impact, talent focus and financial strength.

June 28, 2018

Congress looks to Prudential for veteran hiring best practices

U.S. congressional leaders listened carefully as Chuck Sevola described Prudential’s collaboration with Workforce Opportunity Services to hire veterans and help them transition to the civilian workplace.

June 27, 2018

Prudential Financial to Announce Second Quarter 2018 Earnings; Schedules Conference Call

NEWARK, N.J.--(BUSINESS WIRE)--Jun. 27, 2018-- Prudential Financial, Inc. (NYSE: PRU) will release its second quarter 2018 earnings on Wednesday, August 1, 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. Members of Prudential's senior management will host a conference call on Thursday, August 2, 2018, at 11:00 a.m. ET, to discuss with the investment community the company's second quarter results. Conference Call Information ...
June 26, 2018

Gen X gig economy workers struggling to gain financial wellness, Prudential study finds

NEWARK, N.J., June 26, 2018 - The “gig economy”—which includes everyone from rideshare drivers to freelance graphic designers—has become an important source of income for three generations of Americans: Millennials, Gen Xers and Baby Boomers. However, the financial wellness and retirement preparedness of these gig workers are far from assured—particularly for Gen Xers, according to a new research paper from Prudential Financial, Inc. (NYSE: PRU).