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Believes that participants should have the opportunity to learn about all the features of their plan, including vesting rules and distribution options
PR: Prudential Financial, Inc. today called for government reform of pension plan regulations to guarantee participants disclosures that are relevant, timely and succinct. Newark, NJ (PRWEB) September 15, 2009 -- Prudential Financial, Inc. today called for government
Sept 10 (Reuters) - Prudential Financial Inc on Thursday sold $1.5 billion of medium-term notes, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch, Barclays, and Morgan
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU - News) announced today the completion of the previously announced sale by
http://finance.yahoo.com/news/Prudential-Financial-Inc-bw-3809464536.html?x=0&.v=1
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NEWARK, N.J., Nov 23, 2009 (BUSINESS WIRE) --
Add after last graph of release: Group Insurance benefits are issued by The Prudential Insurance Company of America, Newark, NJ. Prudential and The Rock logo are registered service marks of The Prudential Insurance Company of America.
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The corrected release reads:
UNEASY WORKERS DON'T APPRECIATE THE VALUE OF BENEFITS
Prudential Study Shows Linkage between Communications and Employee Perceptions
U.S. workers feel uneasy and less positive about the workplace and the value of their employee benefits, according to a research report released by Prudential Financial, Inc. (NYSE:PRU).
The study, Show Them the Value, found more workers feel their employers are cutting back on benefits, a perception that negatively affects their attitudes toward the value of the benefits.
"Employees must first be aware of the benefits, and really understand them to appreciate the value of those benefits," said Lori High, president of Prudential's Group Insurance business. "And, for benefits to have a positive effect on an employer's recruiting and retention results, they must be thoroughly explained and promoted throughout the organization."
Show Them the Value provides insight from benefits plan participants, benefits plan sponsors, and benefits brokers and consultants. High said the findings can be used to help employees prepare for annual enrollment and to support employers' business planning and strategy development. Additional findings on the perceived value of employee benefits include:
-- A clear linkage exists between the effectiveness of employee communications and the perceived value of benefits. Workers who rate their benefits communications as 'highly effective' see greater value in their benefits package.
-- Communications can have as much impact on worker satisfaction with benefits as the range of benefits offered or the perceived dollar amount of employer contributions.
-- Those who give high marks to their benefits communications are also more favorable toward voluntary benefits or benefits where the employee pays 100% of the cost.
-- A majority of employers and workers agree that existing communication efforts are not highly effective.
"Benefits budgets are under pressure so it's important to understand the value of the total benefits package and the financial investment made by the company," High said. "Brokers can play an important supporting role in improving the effectiveness of benefits communications and education."
High said workers and group plan administrators are finding it difficult to navigate the myriad of benefits options and administrative details involved in selecting a group insurance plan. Prudential is addressing the varying needs of a changing and demanding workforce with employee communications that are based on employee demographics, according to High.
Prudential's suite of voluntary benefits promotes employee choice and help employers contain costs. To support benefits administrators faced with reduced staffing, Prudential provides administration programs including absence management, return to work strategies and the support with issues relating to the Family and Medical Leave Act.
Prudential's Show Them the Value, the last in a series of five, stems from the company's broad Study of Employee Benefits: 2009 and Beyond report which was fielded via the Internet during April and May of 2009 and consists of three distinct surveys: one among benefits plan sponsors, one among benefits plan participants, and one among employee benefits brokers and consultants. The surveys were conducted for Prudential by the Center for Strategy Research, Inc., a Boston-based, independent, market research firm. Click here for a copy of Show Them the Value.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $641 billion of assets under management as of September 30, 2009, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. In the US, the company's Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit http://www.news.prudential.com/
Group Insurance benefits are issued by The Prudential Insurance Company of America, Newark, NJ. Prudential and The Rock logo are registered service marks of The Prudential Insurance Company of America.
0164459-00001-00
SOURCE: Prudential Financial, Inc.
Prudential Laurita Warner, 973-802-8614 laurita.warner@prudential.com
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Companies: Prudential Financial, Inc. (PRU)
Nov 23, 2009 (Fresh Brewed Media via COMTEX) --
Prudential Financial (NYSE: PRU) closed yesterday at $47.67. So far the stock has hit a 52-week low of $10.63 and 52-week high of $55.99. Prudential Financial stock has been showing support around 46.94 and resistance in the 48.68 range. Technical indicators for the stock are Neutral and S&P gives PRU a positive 4 STAR (out of 5) buy rating. PRU appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Jan '10 46 covered call (PWQ AV) for a net debit in the $43.17 area. That is also the break even stock price for this trade. This covered call has a 54 day duration, provides 9.44% downside protection and a 6.56% assigned return rate for a 44.31% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the PRU Jan '11 15 Call (OYK AC) and selling the Jan '10 46 call (PWQ AV) for a $29.20 debit. The trade has a 54 day life and would provide 7.28% downside protection and a 6.16% assigned return rate for a 42.00% annualized return rate (for comparison purposes only). Prudential Financial has a current annual dividend yield of 1.15%.
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Tags: nyse research S&P trade yield
Companies: Prudential Financial Corp (PRUF), Prudential Financial, Inc. (PRU)
Nov 18, 2009 (Datamonitor via COMTEX) --
US-based Prudential Financial has appointed Robert Falzon as treasurer and John Fleurant as controller. The appointments are effective at the beginning of 2010.
Mr Falzon succeeds Bernard Jacob, who joined the company in 2004. Mr Jacob will become CFO of Prudential's US businesses.
Mr Falzon is currently managing director, CEO of Prudential Real Estate Investors (PREI for Europe, and head of global merchant banking. He joined PREI in 1998 after serving as managing director in the investment banking group of Prudential Securities (PSI). He joined PSI in 1992 and before that, he worked for nine years in the private placement area at Prudential, eventually rising to head of the northeast regional investment group.
Mr Fleurant, who currently serves as CFO of US businesses, has held a variety of finance roles during his career at Prudential including private and international investors, individual insurance, healthcare, investments and retirement.
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Companies: Prudential Financial Corp (PRUF)
Nov 18, 2009 (M2 EQUITYBITES via COMTEX) --
Financial services company Prudential Financial Inc (NYSE:PRU) announced on Tuesday that it has named Robert Falzon as its treasurer and John Fleurant as its controller, with effect from the beginning of 2010.
Presently the managing director, CEO of Prudential Real Estate Investors (PREI), Europe and head of Global Merchant Banking, Falzon takes over from Bernard Jacob, who becomes CFO of Prudential's US Businesses.
Falzon worked for nine years in the private placement area at Prudential and rose to head the Northeast Regional Investment Group before joining Prudential Securities Inc in 1992 and PREI in 1998. Jacob has been with the company since 2004.
At present the CFO of US Businesses, Fleurant held many finance roles during his career at Prudential including Private and International Investors, Individual Insurance, Healthcare, Investments and Retirement.
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Tags: banking career ceo europe finance financial services healthcare insurance investment nyse real estate retirement securities
Companies: Prudential Financial Corp (PRUF), Prudential Financial, Inc. (PRU)
Total : 525 View more »
Click on the Prospectuses link above to view/download a prospectus. Read it carefully before investing. Target funds are distributed by Prudential Investment Management Services LLC (PIMS), a Prudential Financial company and member SIPC.
As one of the company s top executives said in June, Wall Street seems not to have taken Home Depot s valuable real estate properly into account. And yet it s not only what s inside the chain s stores that offers value, but also the physical stores themselves.
Today, companies have no way to trust identities belonging to their partners, suppliers, contracts and their outsourcers. This lack of trust means companies end-up creating online identities (and passwords) for all users.
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Life Insurance, Annuities, Mutual Funds, Long Term Care, Real Estate and Retirement Services from Prudential Financial
Prudential Financial, Incorporated. The Group's principal activities are to provide life insurance, mutual funds, annuities, pension and retirement related services and real estate ...
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=744320102
Prudential Financial, Inc. (NYSE: PRU) is a Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, investment management, and other financial products and ...
Prudential Financial, Incorporated. The Group's principal activities are to provide life insurance, mutual funds, annuities, pension and retirement related services and real estate ...
http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_744320102
Join a select group of CFOs and senior finance executives as we share the recently released findings from IBM's Global CFO Study 2008: Balancing Risk and Performance with an Integrated Finance Organization conducted with input from 1200 CFOs globally.
http://www-03.ibm.com/solutions/oracle/us/detail/event/Z789431M33992N20.html