Prudential Financial is a leading global financial services firm that offers a wide range of insurance, investment, and retirement solutions. The company provides life insurance, annuities, mutual funds, and retirement planning services to individuals and institutions, helping clients secure their financial futures. With a focus on delivering innovative financial products, Prudential also engages in asset management and investment services, catering to diverse market needs while emphasizing customer service and strategic financial planning. By leveraging its extensive resources and expertise, Prudential aims to empower clients to achieve their financial goals and navigate through life's uncertainties. Read More
With caregiving responsibilities on the rise across all generations, a new study released by Prudential Financial, Inc. (NYSE: PRU) finds that paid time away from work to care for a loved one is now one of the most valued workplace benefits. As American workers continue to face the challenges of everyday financial stress, employers who do not evolve their benefits packages to offer employer-paid caregiving benefits may risk losing top talent.
Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and PGIM Fixed Income, a Prudential Financial (NYSE: PRU) company and one of the largest global fixed income managers with $862 billion in assets under management1, today announced the expansion of their capital partnership with a new revolving pass-through loan sale facility that will invest up to $3 billion over 36 months by purchasing up to $500 million of Affirm loans at any one time.
PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for June, July, and August 2025. The distribution amounts and schedule for each fund appears below:
Solar Landscape, the nation’s leading commercial rooftop solar developer, has announced a landmark $175 million long-term partnership with PGIM Private Capital, to finance its growing portfolio of projects that feed electricity directly into the distributed grid, initially across Maryland and Illinois.
Prudential Financial, Inc. (NYSE: PRU) released today its annual Benefits & Beyond study that reveals day-to-day financial stress is a leading concern for employees. Employees are raising their expectations for robust workplace benefits and believe their employers should play a larger role in helping them alleviate that stress. Employers agree, yet many aren’t keeping up with those demands, instead focusing more on longer-term financial support.
After the conclusion of the US market's regular session on Wednesday, let's examine the after-hours session and unveil the notable S&P500 performers among the top gainers and losers.
Prudential Financial, Inc. (NYSE: PRU) announced today it has joined the Industry Advisory Board of the Center for Research toward Advancing Financial Technologies (CRAFT) at Stevens Institute of Technology.
Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.35 per share of Common Stock, payable on June 12, 2025, to shareholders of record at the close of business on May 20, 2025.
Prudential Financial, Inc. (NYSE: PRU) today reported first quarter results. Net income attributable to Prudential Financial, Inc. was $707 million ($1.96 per Common share) for the first quarter of 2025, compared to net income of $1.138 billion ($3.12 per Common share) for the first quarter of 2024. After-tax adjusted operating income was $1.188 billion ($3.29 per Common share) for the first quarter of 2025, compared to $1.115 billion ($3.05 per Common share) for the first quarter of 2024.
Wall Street pushed higher in midday trading, with the S&P 500 on track for its eighth consecutive gain — its longest winning streak since November 2023. The index rose about 1% to 5,560, fully recovering the losses sustained after former President Donald Trump announced trade tariffs on April 2.
Wall Street traded lower on the final session of the month, heading for its third consecutive monthly loss as economic data began reflecting the impact of Trump tariffs.
Prudential Financial, Inc. (NYSE: PRU) announced today that it will redeem all of the $1,000,000,000 outstanding aggregate principal amount of its 5.375% Fixed-to-Floating Rate Junior Subordinated Notes due 2045 (CUSIP/ISIN No. 744320AV4 / US744320AV41) (the “Notes”). The Notes will be redeemed on May 15, 2025 at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date.
Prudential Financial, Inc. (NYSE: PRU) will release its first quarter 2025 earnings on Wednesday, April 30, 2025, 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.
PGIM Real Estate has completed the fundraise for its first Global Data Center Fund (GDCF) with $2 billion of capital allocated to the strategy. PGIM Real Estate secured capital commitments for the GDCF from a range of global investors.
PGIM Fixed Income has hired Oliver Nisenson as head of asset-based finance (ABF), effective May 15, 2025. In this newly created role, he will lead the continued growth of the firm’s global private ABF platform within its $131 billion securitized products business.1 Nisenson will report to Gabriel Rivera and Edwin Wilches, co-heads of securitized products. With $837 billion in assets under management, PGIM Fixed Income is one of the largest fixed income managers globally.1
