Press Releases

NEWARK, N.J.--(BUSINESS WIRE)--Sep. 8, 2017-- Prudential Financial, Inc. (NYSE:PRU) will participate in CECP's Strategic Investor Initiative CEO Investor Forum in New York on Tuesday, September 19, 2017. On that day at approximately 9:25 a.m. (ET), Mark Grier, Vice Chairman, Prudential Financial, will discuss the company's long-term business strategies and purpose. Interested parties may listen to the presentation through a live audio webcast and view the presentation materials on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least fifteen minutes early to register as well ...

NEWARK, N.J., Aug. 30, 2017 - The gig economy — the increasingly popular employment model where people work as independent contractors rather than employees of companies — has a destabilizing effect on personal financial security, a Prudential Financial, Inc. (NYSE: PRU) survey shows.

NEWARK, N.J., Aug. 15, 2017 - The increasing costs and volatility of managing defined benefit pension plans have long been at the center of the motivations for transferring a company’s pension risk to an insurer. But which costs and what kinds of volatility are finance chiefs most concerned about? A new survey involving 80 senior finance executives at companies with traditional pensions sheds light on the motivations behind pension risk transfer decisions in the executive suite. 

NEWARK, N.J.--(BUSINESS WIRE)--Aug. 14, 2017-- Prudential Financial, Inc. (NYSE:PRU) will participate in the KBW 2017 Insurance Conference in New York on Thursday, September 7, 2017. On that day at approximately 9:30 a.m. ET Mark Grier, Prudential Financial, Inc.'s Vice Chairman, will discuss the company's businesses and strategies. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least fifteen minutes early to register and download and install any necessary software. A replay will...

NEWARK, N.J.--(BUSINESS WIRE)--Aug. 8, 2017-- Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $0.75 per share of Common Stock, payable on September 14, 2017, to shareholders of record at the close of business on August 22, 2017. Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2017, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their ...

Net income attributable to Prudential Financial of $491 million or $1.12 per Common share versus $921 million or $2.04 per share for year-ago quarter. After-tax adjusted operating income of $919 million or $2.09 per Common share versus $829 million or $1.84 per share for year-ago quarter. Significant items in 2Q17, reflecting an annual review of actuarial assumptions and other refinements and the impact of market performance on Annuities, resulted in a net charge to net income of 65 cents per Common share for ongoing businesses and a net charge to adjusted operating ...

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.

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...

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.

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.