Prudential Financial News

Thursday, November 12, 2009, 5:06pm OGDENSBURG -- Harold Myers, a retired agent from Prudential Financial, recently was awarded a $250 grant from the Prudential Foundation.

Americans, including retirees, are looking to return to stocks to regain the steep losses they suffered in 2008 and are optimistic they will accomplish this, Prudential Financial found in a survey of 1,0001 Americans aged 45 to 75 with $100,000 or more in retirement savings.

RAMSEY, Minn.-- --Vision-Ease Lens , a manufacturer of ophthalmic lenses, learned yesterday that its manufacturing facility in Jakarta, Indonesia, sustained damage from a major fire... NEW YORK-- --Fitch Ratings assigns J.P. Morgan Securities Inc.'s puttable tax-exempt receipts, series 3606 a rating of 'AA-/F1+' and derivative inverse tax-exempt ...

A St. Paul real estate firm recently bought a shopping center in Hastings for $11 million.

Prudential Financial Inc., an insurance and investment company, posted its second straight quarterly profit, buoyed by market gains and strong sales of its insurance products.

Evonik Degussa Corporation, a subsidiary of Evonik Industries AG and a global leader in specialty chemicals, has selected Prudential Retirement to manage all the organization's retirement programs.

PENANG's retail scene is set to see the entry of a new player next year when the RM300 million 1st Avenue opens its doors.

NEW YORK: Prudential Financial said on Wednesday it had a third-quarter profit, reversing a year earlier loss, on record annuity sales and better performance in its investment portfolios.

The Prudential Foundation and Prudential Financial, Inc. [NYSE: PRU], recently provided $407,750 in Prudential CARES Volunteer Grants to 627 nonprofit organizations worldwide.

Prudential Financial will launch its 'Morse Code SOS' television advertising campaign beginning Oct.

Prudential Financial Inc.'s third-quarter earnings of $1.59 per share was well ahead of the Zacks Consensus Estimate of $1.33. Results also topped prior-year period's earnings of $1.02 per share.

CITY OF COMMERCE, Calif.-- --99 Only Stores announces its financial results for the second quarter ended September 26, 2009.

Prudential Financial Inc. , the second-largest U.S. life insurer, reported its biggest profit in more than two years and raised the 2009 earnings forecast as rising markets pushed up the value of investments.

The Prudential Building in Newark, N.J., on August 4, 2004. Prudential Financial, an insurance and investment company, posted its second straight quarterly profit, buoyed by market gains and strong sales of its insurance products.

Credit Suisse raised its target on the stock to $55 from $51 and increased its 2010 EPS estimate for the company to $5.80 from $5.61. It maintains an Outperform rating on the stock.

Picksthatmove.com Alerts include Walmart ; Ford Motor Company ; Prudential Financial, Inc.

Global stocks may post further gains next year, boosted by economic growth and low interest rates, according to Prudential International Investments Advisers LLC.

"In the past year, Americans lost $1 trillion of their retirement savings, forcing plan sponsors, plan participants, and regulators to take a step back and question the ongoing viability of defined contribution programs," said Christine Marcks : , president of Prudential Retirement, a business of Prudential Financial Inc.

Source: Wordcount: PREI report estimates commercial real estate funding gap is between $610 billion and $825 billion PARSIPPANY, N.J.-- -- As much as $825 billion in capital could be required to fill a commercial real estate debt funding gap in the United States over the coming years, according to new research from Prudential Real Estate Investors.

As the Dow declines, insurance stocks drop more. Companies including MetLife and Prudential Financial are scheduled to publish third-quarter earnings by the end of next week, so higher volatility -- even nervousness -- can be expected.