Prudential Financial (PRU) Misses Q3 EPS by 1c
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Prudential Financial (PRU) PT Lowered to $120 at RBC Capital
November 9, 2018 7:43 AM ESTRBC Capital analyst Mark Dwelle lowered the price target on Prudential Financial (NYSE: PRU) to $120.00 (from $122.00) while maintaining a Outperform rating.
... MorePGIM Fixed Income sees 10-year Treasury yield falling to 2.5 percent: CIO
November 7, 2018 12:00 PM ESTBy Tomo Uetake
TOKYO (Reuters) - PGIM Fixed Income, an asset-management arm of insurer Prudential Financial (NYSE: PRU), sees the yield on the U.S. benchmark 10-year Treasury note falling to 2.5 percent in the longer term, its investment chief said on Wednesday.
Chief Investment Officer Mike Lillard also said that, following Tuesday's mid-term elections, he expected the U.S. fiscal deficit to widen further and trade and tariff tensions to carry on rising.
In contrast to many market professionals, Lillard said longer-term U.S. interest rates appeared to be on... More
UK PM May sets up business councils to advise on post-Brexit policy
November 6, 2018 5:34 PM ESTLONDON (Reuters) - Prime Minister Theresa May has created five new business councils to advise on issues facing core sectors of the economy as Britain leaves the European Union, her office said on Tuesday.
With less than five months before Britain is due to quit the bloc and no exit deal yet agreed, business leaders have been demanding greater certainty over the kind of trade terms the divorce will deliver.
The government said each of the councils would be chaired by two... More
