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Prudential Finl - PRU STOCK NEWS

Welcome to our dedicated page for Prudential Finl news (Ticker: PRU), a resource for investors and traders seeking the latest updates and insights on Prudential Finl stock.

Prudential Financial (NYSE: PRU) is a global leader in insurance, retirement planning, and asset management services with operations spanning 40+ markets. This dedicated news hub provides investors and stakeholders with comprehensive access to the company's official communications and market developments.

Track all essential updates through curated press releases and third-party analysis covering earnings announcements, product innovations, leadership changes, and regulatory filings. Our aggregation ensures efficient monitoring of PRU's diversified operations across life insurance, annuities, PGIM investments, and international expansion strategies.

Key content categories include quarterly financial results, strategic partnerships, dividend declarations, and ESG initiatives. The chronological organization allows users to analyze trends in PRU's U.S. retirement solutions growth, Asian market penetration, and institutional investment management performance.

Bookmark this page for streamlined access to Prudential's evolving business landscape. Combine our news feed with SEC filings and earnings call transcripts available on Stock Titan for complete due diligence.

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Somerset Reinsurance closes a $12.5 billion reinsurance transaction with Prudential Financial, Inc., covering a significant portion of Prudential's guaranteed universal life policies. The transaction solidifies Somerset's position in providing risk management solutions and strengthens the long-standing relationship between the two companies.
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Prudential Financial, Inc. (NYSE: PRU) has closed a reinsurance transaction with Somerset Re for a portion of its guaranteed universal life block. This move aligns with the company's strategy to lower market sensitivity and enhance capital efficiency, with financial impacts in line with previous expectations.
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PGIM Investments receives multiple 2024 LSEG Lipper Fund Awards, including the U.S. Group Award for Mixed Assets. Stuart Parker, President and CEO, expresses gratitude for the recognition of strong investment performance. Several PGIM funds also receive awards for outstanding performance in various asset classes.
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AM Best assigns a 'bbb' Long-Term Issue Credit Rating to Prudential Financial, Inc.'s $1 billion fixed-rate notes. The outlook is stable. Proceeds will be used for general corporate purposes, including debt redemption. Prudential's liquidity is strong, with $4.1 billion in liquid assets. Full-year 2023 pre-tax adjusted operating income was $5.5 billion.
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Prudential Financial, Inc. announces the acquisition of Assurance IQ, Inc., a leading digital consumer solutions platform. The deal is valued at $2.35 billion, aiming to enhance Prudential's ability to reach customers digitally and expand its offerings. The acquisition is expected to be accretive to EPS and ROE by 2022, providing significant growth opportunities for Prudential.
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Prudential Financial, Inc. (NYSE: PRU) plans to redeem all $500 million of its 5.20% Fixed-to-Floating Rate Junior Subordinated Notes due 2044. The redemption will occur on March 15, 2024, at a price of 100% of the principal amount plus accrued interest. The Bank of New York Mellon will handle the redemption process.
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Prisha Shroff, a 17-year-old student from Chandler, was named a 2024 Prudential Emerging Visionary for her commitment to improving lives. She will receive a $5,000 award and an invitation to the 2024 summit at Prudential's headquarters.
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Two students from Moodus and Farmington named 2024 Prudential Emerging Visionaries for their innovative projects addressing financial and societal challenges. They will receive a $5,000 award and an invitation to Prudential's headquarters in Newark, New Jersey, for coaching and networking.
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Two young students from Miami and Rockledge, William Charouhis and Anjani Sharma, were named 2024 Prudential Emerging Visionaries for their impactful projects addressing societal challenges. They each received a $5,000 award and an invitation to the 2024 summit in Newark. Prudential aims to support young leaders driving positive change in their communities.
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Adeline Smith, a 17-year-old student from Coeur d'Alene, has been named a 2024 Prudential Emerging Visionary for her work in addressing societal challenges. She will receive a $5,000 award and an invitation to the 2024 summit in Newark, New Jersey, where she will have the opportunity to present her project and potentially win additional funding. Adeline leads 'Growing the STEM,' an organization focused on inspiring young people in Idaho to pursue STEM education and careers.
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Prudential Finl

NYSE:PRU

PRU Rankings

PRU Stock Data

35.95B
353.66M
0.19%
61.55%
1.78%
Insurance - Life
Life Insurance
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United States
NEWARK