Prudential FinancialLike other insurers, has been under intense earnings pressure because of low interest rates, making it hard for the company to make a return on its investments. Still, Prudential ended 2016 with $58.8 billion (GAAP) in revenue, up from $57,119 in 2015, and its first quarter 2017 was also relatively strong. The company is the […]
Prudential Financial
Prudential FinancialLike other insurers, has been under intense earnings pressure because of low interest rates, making it hard for Prudential and others to make a return on their investments. Prudential’s earnings in the first quarter of 2016 fell 10% short of what analysts were expecting, and things don’t look likely to turnaround in the rest of […]
Prudential FinancialLike other insurers, has been under intense earnings pressure because of low interest rates, making it hard for Prudential and others to make a return on their investments. Prudential’s earnings in the first quarter of 2016 fell 10% short of what analysts were expecting, and things don’t look likely to turnaround in the rest of […]
Prudential FinancialPrudential Financial had middling year in 2014, facing the same sort of headwinds—namely low interest rates—that buffeted the performance of other insurers. Investors in the firm have to contend with the uncertainty that goes with being labeled a Systemically Important Financial Institution by federal regulators, but on the other hand the insurance business in the […]
Justice Department investigating alleged HSBC leak to hedge fundTrader allegedly alerted a hedge fund about an impending transaction.
Fortune 500: 20 companies that lost the mostThese firms had a no good, very bad year.
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