PRU

Prudential Financial Declares Quarterly Dividend on Common Stock

Retrieved on: 
火曜日, 5月 7, 2024
Banking, Asset Management, Professional Services, Finance, PRU, Insurance, Common stock, Prudential Financial

Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on June 13, 2024, to shareholders of record at the close of business on May 21, 2024.

Key Points: 
  • Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on June 13, 2024, to shareholders of record at the close of business on May 21, 2024.
  • Prudential Financial, Inc. ( NYSE: PRU ), a global financial services leader and premier active global investment manager with approximately $1.5 trillion in assets under management as of March 31, 2024, has operations in the United States, Asia, Europe, and Latin America.
  • Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security.
  • Prudential’s iconic Rock symbol has stood for strength, stability, expertise, and innovation for nearly 150 years.

Prudential Financial, Inc. Announces First Quarter 2024 Results

Retrieved on: 
火曜日, 4月 30, 2024
Asset Management, Professional Services, Insurance, Finance, Corporation, Table, PRU, Term, Common, Policy, PGIM, Life, Growth, Prudential Financial, Loss, GAAP, Long-term care, Disability, Assurance

Net income attributable to Prudential Financial, Inc. was $1.138 billion ($3.12 per Common share) for the first quarter of 2024, compared to $1.462 billion ($3.93 per Common share) for the first quarter of 2023.

Key Points: 
  • Net income attributable to Prudential Financial, Inc. was $1.138 billion ($3.12 per Common share) for the first quarter of 2024, compared to $1.462 billion ($3.93 per Common share) for the first quarter of 2023.
  • PGIM, the Company’s global investment management business, reported adjusted operating income of $169 million for the first quarter of 2024, compared to $151 million in the year-ago quarter.
  • Businesses reported adjusted operating income of $839 million for the first quarter of 2024, compared to $760 million in the year-ago quarter.
  • Reported adjusted operating income of $441 million in the current quarter, compared to $396 million in the year-ago quarter.

Silvercorp accepts Perseus's offer for OreCorp

Retrieved on: 
水曜日, 4月 10, 2024
PRU, Chapter Six, Corporations Act 2001, TSX, Silvercorp Metals, ASX, Silvercorp, Perseus

Perth, Western Australia/April 10, 204/Perseus Mining Limited (ASX/TSX: PRU) (Perseus or PRU) refers to its off-market takeover bid under Chapter 6 of the Australian Corporations Act for all the current and to be issued ordinary shares in OreCorp Limited (ASX: ORR) (OreCorp or ORR) (Offer).1

Key Points: 
  • Perth, Western Australia/April 10, 204/Perseus Mining Limited (ASX/TSX: PRU) (Perseus or PRU) refers to its off-market takeover bid under Chapter 6 of the Australian Corporations Act for all the current and to be issued ordinary shares in OreCorp Limited (ASX: ORR) (OreCorp or ORR) (Offer).1
    Perseus is pleased to announce that Silvercorp Metals Inc (Silvercorp) has accepted the Perseus Offer.
  • Silvercorp’s acceptance was for a total of 73,889,007 OreCorp Shares (representing 15.61% of OreCorp Shares on issue).
  • As at April 9, 2024, Perseus has a relevant interest in 354,982,123 OreCorp Shares (representing 74.98% of OreCorp Shares on issue).
  • OreCorp Shareholders should ACCEPT the Offer now in respect of Your OreCorp Shares.

Jennison Associates grows EMEA business with senior hires

Retrieved on: 
木曜日, 4月 11, 2024
Asset Management, Professional Services, Finance, PRU, PGIM, Research, Corr, McEvoy, Knowledge, Schroders, Prudential Financial, Scottish Widows Investment Partnership, Multimedia, BlackRock, Investment, Financial services

Jennison Associates, the fundamental active equity and fixed income manager of PGIM, the US$1.3 trillion1 global asset management business of Prudential Financial, Inc. ( NYSE: PRU ), has added experienced hires to its client portfolio management and institutional business development teams in London.

Key Points: 
  • Jennison Associates, the fundamental active equity and fixed income manager of PGIM, the US$1.3 trillion1 global asset management business of Prudential Financial, Inc. ( NYSE: PRU ), has added experienced hires to its client portfolio management and institutional business development teams in London.
  • View the full release here: https://www.businesswire.com/news/home/20240411493309/en/
    Nick Samuels, managing director and client portfolio manager, EMEA, and Stephen Corr, CFA® managing director, business development, EMEA, both joined Jennison on April 1, 2024.
  • Samuels supports Jennison’s client relationships across Europe, the Middle East and Africa (EMEA).
  • “Over the last few years, Jennison has been dedicated to strengthening our investment capabilities and client service as the business focuses on global growth,” said McEvoy.

Perseus Mining March Quarter Investor Webinar

Retrieved on: 
火曜日, 4月 9, 2024
PRU, Telephone, Web conferencing, AEST

Perth, Western Australia/April 10, 2024/Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its March 2024 Quarterly Results, which are anticipated for release around 8:30am AEST on Wednesday April 24, 2024.

Key Points: 
  • Perth, Western Australia/April 10, 2024/Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its March 2024 Quarterly Results, which are anticipated for release around 8:30am AEST on Wednesday April 24, 2024.
  • After registering, you will receive a confirmation email containing information about joining the webinar.
  • To join the webinar via telephone, please use one of the following numbers and enter the Webinar ID: 828 5577 1169
    For higher quality, dial a number based on your current location:

Perseus's Offer for OreCorp Unconditional and Best and Final

Retrieved on: 
月曜日, 4月 8, 2024
PRU, ASX, Perseus, Business, Corporations Act 2001, Chapter Six, Management

OreCorp Shareholders should Accept the Offer now in respect of Your OreCorp Shares.

Key Points: 
  • OreCorp Shareholders should Accept the Offer now in respect of Your OreCorp Shares.
  • Perseus refers to OreCorp’s announcement today noting that OreCorp is actively working with Perseus to transition the OreCorp Board and management team.
  • Perseus Chairman and Chief Executive Officer, Jeff Quartermaine, said:
    “We are pleased with the positive response from OreCorp Shareholders and to be able to declare the Offer unconditional and best and final.
  • The Offer provides compelling benefits and value to OreCorp Shareholders, as well as the opportunity for OreCorp Shareholders to realise certain and expedited value for their OreCorp Shareholdings.

Change to Perseus's Senior Management Team

Retrieved on: 
日曜日, 4月 7, 2024
PRU, Family

Mr. Schummer has agreed to remain in his role with Perseus until the end of September to manage a number of strategic work streams that are currently underway at the mine sites and to assist with the smooth transition to his successor.

Key Points: 
  • Mr. Schummer has agreed to remain in his role with Perseus until the end of September to manage a number of strategic work streams that are currently underway at the mine sites and to assist with the smooth transition to his successor.
  • The process to select and appoint a new COO will commence immediately with consideration being given to both internal and external candidates for the role.
  • We wish Dave and his family all the best for the future.
  • We will commence the search for a new COO immediately and look forward to Dave’s support in ensuring a smooth transition over the coming months.”

Prudential Financial introduces new workplace insurance benefits that help support mental health and growing families

Retrieved on: 
木曜日, 4月 4, 2024
Professional Services, Mental Health, Health, Insurance, Health Insurance, Human Resources, Finance, PRU, Substance abuse, Infertility, Prudential Financial, Prudential, Mental health, Prenatal care, Hospice and palliative medicine, Anxiety, DSM-IV codes, Hospital, Multimedia, Family, Group insurance, Health insurance

Prudential Financial, Inc. ( NYSE: PRU ) has introduced new voluntary workplace insurance offerings that help support family building and mental health, including benefits that cover fertility procedures, extended hospital stays, screenings for substance use, and severe mental illness.

Key Points: 
  • Prudential Financial, Inc. ( NYSE: PRU ) has introduced new voluntary workplace insurance offerings that help support family building and mental health, including benefits that cover fertility procedures, extended hospital stays, screenings for substance use, and severe mental illness.
  • View the full release here: https://www.businesswire.com/news/home/20240404432800/en/
    Jess Gillespie, Head of Product and Underwriting, Prudential Group Insurance (Photo: Business Wire)
    Voluntary or supplemental insurance refers to optional, employee-paid benefits that can help pay for out-of-pocket medical expenses not covered by health insurance, such as co-pays, co-insurance and deductibles.
  • As part of Prudential Group Insurance’s expanded suite of Critical Illness and Hospital Indemnity insurance, the new mental health benefits include screenings for anxiety, mood disorders and substance abuse — as well as coverage for the most diagnosed mental health conditions and severe mental illness.
  • “Employees turn to their employers for benefits that can help them during key life events,” said Gillespie.

PGIM launches three Retirement Spending Funds for personalized spending goals

Retrieved on: 
水曜日, 4月 3, 2024
Personal Finance, Professional Services, Finance, PRU, Growth, Prudential Financial, Retirement, Investment, PGIM, Multimedia, ETF

PGIM,1 the $1.3 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ), has launched three retirement spending funds: the PGIM Conservative Retirement Spending Fund , PGIM Moderate Retirement Spending Fund and the PGIM Enhanced Retirement Spending Fund .

Key Points: 
  • PGIM,1 the $1.3 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ), has launched three retirement spending funds: the PGIM Conservative Retirement Spending Fund , PGIM Moderate Retirement Spending Fund and the PGIM Enhanced Retirement Spending Fund .
  • The Funds are designed for investors near or in retirement and aim to help U.S. workers better manage their long-term investments based on their personal spending goals, taking essential and flexible spending into account.
  • The Funds, subadvised by PGIM DC Solutions, are each “fund of funds” investing primarily in a range of fixed income, equity, real asset and alternative mutual funds and ETFs.
  • The PGIM Retirement Spending Funds offer three distinct portfolios to address these differences, providing a more personalized approach and thoughtful asset allocation mix to help meet varying income needs,” said Jeremy Stempien, co-portfolio manager of the PGIM Retirement Spending Funds and the PGIM Target Date Funds.

Prudential Financial, Inc. to Announce First Quarter 2024 Earnings; Schedules Conference Call

Retrieved on: 
火曜日, 4月 2, 2024
Asset Management, Professional Services, Insurance, Finance, Prudential Financial, PRU, News

Prudential Financial, Inc. (NYSE: PRU) will release its first quarter 2024 earnings on Tuesday, April 30, 2024, after the market closes.

Key Points: 
  • Prudential Financial, Inc. (NYSE: PRU) will release its first quarter 2024 earnings on Tuesday, April 30, 2024, 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 .
  • Members of Prudential’s senior management will host a conference call on Wednesday, May 1, 2024, at 11:00 a.m.
  • The conference call will be broadcast live over the company’s Investor Relations website at investor.prudential.com .