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Prudential Financial Incorporated

A collection of news and information related to Prudential Financial Incorporated published by this site and its partners.

Top Prudential Financial Incorporated Articles

Displaying items 23-33
  • The Hartford To Sell Life Insurance Unit To Prudential In $1.5 Billion Transaction

    The Hartford Financial Services Group announced Thursday it is selling its life insurance business to Prudential Financial Inc., in a deal valued at $1.5 billion. About 1,000 employees — including nearly 200 in Connecticut — work for The...
  • As The Hartford Sells Business Units, Future Use Of Capital Shows Promise

    The Hartford Financial Services Group will probably use proceeds from the sale of several business units to pay off debt and buy back shares of company stock, analysts say. The last of several large divestitures was announced last week with the planned...
  • Prudential Retirement Recruits Executive From U.S. Department Of Labor

    Prudential Retirement announced that it has a new senior vice president and head of the company's Stable Value business, starting Monday. Michael L. Davis, 46, will oversee "in-plan and third-party value product management," which means retirement...
  • Annuity Sales Continue Decline In Third Quarter, Pressured By Low Interest Rates

    Annuity sales continued to decline during the third quarter, driven by a low-interest-rate environment that has companies cutting back on benefits and increasing prices, which affects customers' demand for the financial product. Annuities require that...
  • The Hartford Completes Sale Of Woodbury Financial Brokerage To AIG

    The Hartford Financial Services Group said Monday it has completed its sale of Woodbury Financial Services to American International Group Inc. The Hartford said in August it reached a deal to sell Woodbury Financial for $115 million — $25...
  • Insight: What if baby boomers don't live forever?

    Insight: What if baby boomers don't live forever?
    WASHINGTON (Reuters) - What if the generation that once rocked out to The Who's "hope I die before I get old" line actually does? Most retirement plans and federal budget projections assume baby boomers -- those Americans born between 1946 and 1964 --...
  • Dow ends short of 12,000 but still at highest since mid-2008

     
    A late bout of selling on Wednesday pushed the Dow Jones industrial average below the 12,000 mark, denying Wall Street another milestone in its recovery -- at least for one more day. The blue-chip index ended the day up 8.25......
  • Making the most of his day for you

     
    Timothy Cassidy is a Freedom High School senior with a lot of time on his hands. And, he's really good at using it wisely for the betterment of the Lehigh Valley. Cassidy was recently honored with the Prudential Spirit of Community Award and letter from...
  • Dow tumbles below 12,000 on Saudi unrest and global economic fears

     
    Stocks plunged Thursday, hit first by new worries about global growth and then by reports that Saudi Arabian police had fired on protesters. After three weeks of largely shaking off the unrest in the Middle East and North Africa, more......
  • Stocks ease, Treasury yields slide as markets weigh risk of economic slowdown

     
    Nervousness about the economy clipped the stock market Thursday while driving some investors back to the classic haven of U.S. Treasury bonds, as Wall Street awaited the government’s report on April employment. The Dow Jones industrial average ended...
  • New stock market formula: Recession + losses = extreme fear

     
    Even before share prices tumbled Wednesday, Americans were feeling decidedly downbeat about the stock market. Though it’s been more than two years since the market launched into a recovery from its financial-crisis low, average investors remain...