See what the IHS Markit Score report has to say about Prudential Financial Inc.
# Prudential Financial Inc ### NYSE:PRU View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for PRU with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PRU. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $9.39 billion over the last one-month into ETFs that hold PRU are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. PRU credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Prudential chosen as public sector retirement plan provider for City of Santa Ana and Ohio Association of Professional Fire Fighters
Posted on Jan 14, 2019 (2 days ago)
The City of Santa Ana and the Ohio Association of Professional Fire Fighters have both selected Prudential Retirement as recordkeeper for their public sector retirement plans, reflecting the demand for customized financial wellness solutions among public employees.
Investors Buy Newark's Gateway Center Seeing a Path to the City’s Rebirth
Posted on Jan 11, 2019 (4 days ago)
A group of five investors bought Gateway Center, near the Penn Station rail hub, for about $300 million, according to a person with knowledge of the matter. “The Gateway complex is many people’s first experience of this city, and for so long it’s been under-invested, under-maintained, unpleasant,” said Ommeed Sathe, vice president for impact investment at Prudential Financial Inc., one of the partners. The deal is a bet that a long-hoped-for recovery is finally taking hold in Newark, which was devastated by riots in 1967 and has struggled to overcome its reputation for crime and poverty.
Prudential Financial, Inc. will release its fourth quarter 2018 earnings on Wednesday, February 6, 2019, after the market closes. The earnings news release, the financial supplement and related materials will be posted on the company's Investor Relations website at: investor.prudential.com.
How to deal with market volatility if you’re retiring soon
Posted on Jan 3, 2019 (12 days ago)
For those looking to retire in the next five years, market volatility is extra unsettling. Retirement expert Ed Slott has advice about what investors should be doing to protect themselves in these tumultuous times.
With the new tax law changes all but wiping out itemized deductions, filers are looking for any ways they can to catch a break. Account holders over the age of 70 1/2 are subject to RMDs — required minimum distributions — which is the amount they’re obligated to withdraw from their tax-deferred retirement accounts and pay taxes on. “The government wants its money back,” retirement expert Ed Slott tells Yahoo Finance.
India's Stocks Are Hostage to Fed Rate Cycle, Mutual Fund Giant Says
Posted on Dec 18, 2018 (28 days ago)
Sankaran Naren, who helps manage 3.1 trillion rupees ($44 billion) as chief investment officer at ICICI Prudential Asset Management Co., says investors need to brace for a run of constrained returns that will last until the Fed’s Jerome Powell makes a policy U-turn. “Once the U.S. interest-rate cycle changes and one moves to a situation where they say we are done with the quantitative tightening, then one may have a much more secular bull market in emerging markets and India,” Naren said in an interview in Mumbai last week. While the U.S. central bank’s influence on emerging assets is hardly an unknown phenomenon, India’s $2 trillion stock market has also been whipsawed in recent months by homegrown narratives.
Rising Borrowing Costs Spell Trouble for Commercial Real Estate
Posted on Dec 18, 2018 (28 days ago)
An important indicator in the U.S. commercial real-estate market is signaling that a decadelong bull run is on shaky ground heading into the new year. The gap between long-term borrowing rates and what some types of commercial properties on average yield is the narrowest it has been since 2008, according to data firm Trepp LLC. “In 2007, looking back, that was a real red flag,” said David Steinbach, chief investment officer for Houston-based Hines.
Diversity and financial wellness: Prudential study explores financial lives of Americans by race, gender, sexual identity, caregiver status
Posted on Dec 11, 2018 (36 days ago)
Bright spots and areas of optimism exist within traditionally underserved groups in the face of income inequality, retirement insecurity and household debt, new data from Prudential Financial, Inc. (NYSE: PRU) reveals. The in-depth exploration of data from Prudential’s Financial Wellness Census™ highlights the dramatic differences in the experiences of diverse populations within the U.S., many of whom were disproportionately impacted by the 2008 financial crisis. The report, “The Cut – Exploring Financial Wellness Within Diverse Populations,” is based on a survey of more than 3,000 U.S. adults and examines the financial lives of a diverse group of Americans: women, black Americans, Latino Americans, Asian Americans, caregivers, and the LGBTQ community.