July 20, 2017

Prudential places customers at its structural core; announces new leadership architecture for U.S. businesses

NEWARK, N.J., July 20, 2017 - Prudential Financial, Inc. (NYSE:PRU) today announced a new organizational structure for its U.S. businesses that extends its customer reach and facilitates pathways to new markets. The structure better reflects the company’s strategic focus on leveraging its mix of businesses and its digital and customer engagement capabilities to expand its value proposition for the benefit of customers and stakeholders.

July 17, 2017

PGIM Fixed Income: The return of absolute return fixed income

Although the majority of the three-decade, bull market in bonds is likely behind us, PGIM Fixed Income believes fixed income, including Absolute Return Fixed Income, still provides plenty of opportunities for investors. In The Return of Absolute Return Fixed Income, Michael Collins, senior investment officer and portfolio manager for Multi-Sector Fixed Income strategies, discusses different types of absolute return fixed income portfolios and how a well-diversified, duration-constrained approach can take advantage of alpha-generating opportunities while avoiding systematic exposure to rising interest rates.

June 27, 2017

Prudential Financial to Announce Second Quarter 2017 Earnings; Schedules Conference Call

NEWARK, N.J.--(BUSINESS WIRE)--Jun. 27, 2017-- Prudential Financial, Inc. (NYSE:PRU) will release its second quarter 2017 earnings on Wednesday, August 2, 2017, 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 3, 2017, at 11:00 a.m. ET, to discuss with the investment community the company's second quarter results. Conference Call Information The conference call will be broadcast liv...
June 26, 2017

The Hartford entrusts Prudential with $1.6 billion in pension obligations for 16,000 former U.S. employees

NEWARK, N.J., June 26, 2017 - The Hartford has agreed to settle $1.6 billion of its pension obligations by purchasing a group annuity contract from The Prudential Insurance Company of America, the company announced today. The agreement transfers responsibility for paying the pension benefits of approximately 16,000 of The Hartford’s retirees and former U.S. employees, as well as their beneficiaries. The transaction represents approximately 29 percent of The Hartford’s pension obligations.

June 22, 2017

Prudential: public service employee pensions only a step to retirement security, survey says

NEWARK, N.J., June 22, 2017 - Despite a persistent belief that public employees such as teachers, police and firefighters will be taken care of in retirement thanks to the pension plans of old, a survey sponsored by Prudential Retirement shows that today’s shifting political and economic landscape may have left them and their employers on shaky ground.

June 22, 2017

Prudential Financial to Host 2018 Tokyo Investor Day

NEWARK, N.J.--(BUSINESS WIRE)--Jun. 22, 2017-- Prudential Financial, Inc. (NYSE:PRU) will host a conference for analysts and investors in Tokyo, Japan on Thursday, September 27, 2018. Details will be announced closer to the date of the meeting. Questions may be directed to Investor Relations at investor.relations@prudential.com. Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of March 31, 2017, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individ...
June 20, 2017

Talent shortages present opportunities for U.S. hospitals, survey finds

In the next 10 years, the nation’s biggest healthcare crisis may be a serious shortage of specialists, generalist physicians, nurses and other clinicians that will hamper the ability of hospitals to deliver high-quality care.

June 19, 2017

Capturing alpha from growing emerging markets will require new investment approach, PGIM says

NEWARK, N.J., June 19, 2017 - Emerging markets, which already command nearly 60 percent of global GDP on a purchasing power parity basis, will collectively drive global growth over the next decade, but investors would be wise to reconsider how they approach these markets. Increasingly, says PGIM, emerging markets will be the masters of their own economic fate, making a one-size-fits-all classification of emerging markets obsolete.

June 19, 2017

LGBT leaders highlight the many meanings of “worth”

Worth was a recurring theme among the LGBT leaders and allies who spoke at Prudential’s 2016/2017 LGBT Financial Experience Symposium at Prudential Tower in downtown Newark, kicking off Newark’s LGBT Pride Week.

June 15, 2017

Helping veterans and military spouses fight for jobs on the homefront

To celebrate the U.S. Army’s 242nd Birthday, the El Paso Chihuahuas honored Army veterans from Prudential’s El Paso technology center and others who faced the unique challenges that military families know all too well.