Prudential Financial, Inc. (PRU) and MetLife (MET) Higher

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Shares of Prudential Financial (NYSE: PRU) are trading higher going into the close on Thursday. Yesterday the company reported Q2 EPS of $1.34, $0.20 worse than the analyst estimate of $1.54. Metlife (NYSE: MET) also reporter earning yesterday, topping estimates by 6c.

On a conference call with analysts, MET CEO Steve Kandarian said that there was no additional impact to earnings-per-share expectations for this year or next, despite historically low interest rates. Many investors fear that the low rates on 10-year treasures will negatively impact insurance companies who must invest policy premiums. If rates remain too low for too long, investors fear this could create an overhang for the companies going forward.

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