Prudential Insurance Company of America

News & Analysis

bank and prudential insurance company of america - All News and Analysis

• Citigroup, Wells Fargo to Pay Back U.S.

  ReutersUK - 2009-12-17

  By Dan WilchinsNEW YORK (Reuters UK) - Citigroup C and Wells Fargo WFC said they were paying back funds to the U.S. government, in transactions that will end taxpayers' capital support of the biggest U.S. banks much sooner than had been expected just weeks ago.With regulators signing off on the...

  Tags: Bank, Troubled Asset Relief Program, Wells Fargo & Co., Government, Citigroup Inc., Obama Administration, Bank of America Corp., Prudential Insurance Company of America, US

• FTSE Hits One-week Closing High

  ReutersUK - 2009-12-17

  By Tricia WrightLONDON (Reuters UK) - The top share index closed at its highest level in a week on Monday, led by banks, after Abu Dhabi bailed out Dubai with $10 billion (6.1 billion pound) in surprise aid, with commodities stocks also notching up solid gains.The FTSE 100 closed...

  Tags: Dubai, Abu Dhabi, FTSE, Avaya Inc., Bank, Blount International Inc., FTSE 100, London Stock Exchange Plc., Prudential Insurance Company of America, Royal Dutch Shell Plc., Standard Parking Corp.

• FTSE Sheds 0.4 Percent

  ReutersUK - 2009-12-17

  By Harpreet BhalLONDON (Reuters UK) - Falls in energy firms and food retailers pushed top shares 0.4 percent lower on Wednesday, offsetting gains in miners, as Spain's rating outlook cut added to concerns about the global economy's health.The FTSE 100 closed 19.24 points lower at 5,203.89, its lowest closing...

  Tags: BP Plc, FTSE, Avaya Inc., Bank, Cairn Energy Plc., Prudential Insurance Company of America, Royal Dutch Shell Plc., Standard Parking Corp., Tractor Supply Co.

• Prudential Annuities Appoints Michael Gillespie to Manage Bank Sales

  - 2008-06-05

  NEWARK, N.J. -- Prudential Annuities, the domestic annuity business for Prudential Financial, Inc. (NYSE: PRU), announced today the appointment of Michael Gillespie as National Sales Manager for its Financial Institutions Team, formerly called the bank channel. Gillespie, a 21-year industry veteran, joins Prudential Annuities from Hartford's Planco Financial Services, where...

  Tags: annuity, bank, Prudential Insurance Company of America

• Family Finance

  - 2008-05-21

  Byline: By TONY HETHERINGTON Q: I recently had an idea for an invention. I was unsure how to protect it or find out whether it was viable without spending a lot of money. Then I found a company on the internet that will vet my idea. It seems professional,...

  Tags: bank, Benefits, finance, pension, Prudential Insurance Company of America

• Clockwork Home Services Secures $120 Million in Financing Capital from Prudential Capital Partners and Wachovia Bank

  - 2008-05-12

  Clockwork Plans to Use Proceeds in Part to Accelerate Growth And Acquisitions SARASOTA, Fla. -- Clockwork Home Services, Inc. Clockwork, one of North America's fastest-growing operators of home services franchises, announced that it has secured a total of $120 million in financing from Prudential Capital Partners, L.P. II, Wachovia...

  Tags: asset, bank, FINANCE, financing, Investment, Prudential Insurance Company of America, Wachovia Corp.

• Motivating the middle market: life insurers large and small have begun to crack the code on how to reach middle-income customers.(Life: Middle-Market Sales)

  - 2008-03-01

  Middle-income Americans need more life insurance, and the industry is starting to figure out how to get it to them. Today, the proliferation of Internet technology and the enlistment of new distribution partners has helped insurers of all sizes to make a start. And...

  Tags: bank, FINANCE, Insurance, Prudential Insurance Company of America, technology

• Prudential Bancorp, Inc. of Pennsylvania Announces Results of Annual Shareholder Meeting

  - 2008-02-08

  PHILADELPHIA -- Prudential Bancorp, Inc. of Pennsylvania (NASDAQ Global Market:PBIP) (the "Company"), the "mid-tier" holding company for Prudential Savings Bank, today announced results of the voting on the two proposals presented to shareholders at its annual meeting of shareholders. The results show that Prudential Bancorp's shareholders re-elected Francis V. Mulcahy...

  Tags: bank, Company, dividend, FINANCE, Pennsylvania, Prudential Insurance Company of America, shareholder

• MOODY'S ASSIGNS FIRST-TIME RATINGS TO PRUDENTIAL BANK, S.A.

  - 2008-02-06

  Moody's Investors Service assigned a bank financial strength rating BFSR of E+ to Prudential Bank, S.A. Prudential Bank Mexico At the same time, Moody's assigned long- and short-term global local currency GLC deposit ratings of Ba2/Not Prime, respecMoody's Investors Service assigned a bank financial strength rating BFSR of E+ to...

  Tags: bank, Moody's Corp., Prudential Insurance Company of America

• MEXICO: MOODY'S ASSIGNS FIRST-TIME RATINGS TO PRUDENTIAL BANK, S.A.

  - 2008-02-06

  Moody's Investors Service assigned a bank financial strength rating BFSR of E+ to Prudential Bank, S.A. Prudential Bank Mexico At the same time, Moody's assigned long- and short-term global local currency GLC deposit ratings of Ba2/Not Prime, r Moody's Investors Service assigned a bank financial strength...

  Tags: bank, Moody's Corp., Prudential Insurance Company of America