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.

July 17, 2017

Quincy Krosby: Earnings reports will likely be prime market mover this week

A wide spectrum of earnings reports and a fresh round of economic data are likely to be the prime market movers this week, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

July 14, 2017

Quincy Krosby: Third Quarter Checkup

As with any checkup these days, whether it’s with your car, your physical exam or stock market performance, there are always so many charts placed in front of you that the effect can be dizzying, if not paralyzing. Entering the third quarter, headlines warn of lurking market dangers, yet there are just as many technical charts that signal, perhaps after a summer retreat, that the markets are set to march higher again. Quincy Krosby, Prudential’s chief market strategist, leads us through potentially positive and negative indicators in her 3Q 2017 market commentary.

July 10, 2017

Quincy Krosby: Major banks’ earnings reports may be prime market mover this week

Earnings of major banks, due to be released at the end of the week, will most likely be the prime market mover this week, Prudential’s Chief Market Strategist Quincy Krosby said in her weekly “Connecting the Dots” outlook. 

July 05, 2017

Quincy Krosby: Monthly jobs report may show if cycle of inflation is gaining momentum

The monthly unemployment report due out Friday has the potential to move markets as traders look for data to support the Federal Reserve’s plan to continue interest rate hikes, Prudential’s Chief Market Strategist Quincy Krosby said in her weekly “Connecting the Dots’’ outlook. 

June 30, 2017

Prudential releases sustainability report; details support for long-term success

NEWARK, N.J., June 30, 2017 - Prudential Financial, Inc. (NYSE: PRU), released its 2016 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 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 27, 2017

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

NEWARK, N.J., June 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.

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.