Welcome to our dedicated page for Prudential Finl news (Ticker: PRU), a resource for investors and traders seeking the latest updates and insights on Prudential Finl stock.
Prudential Financial, Inc. (NYSE: PRU) is a global financial services company in the direct life insurance carriers industry, with operations in the United States, Asia, Europe and Latin America. As a major U.S. life insurer and active global investment manager through its PGIM business, Prudential generates a steady flow of news on insurance, retirement strategies, asset management and corporate developments.
This PRU news page highlights company announcements about earnings releases, leadership changes, product launches and strategic initiatives. Recent communications include schedules for quarterly earnings releases and conference calls, leadership realignments across U.S. businesses, Emerging Markets, the Japan Group and PGIM, and appointments to roles such as chief investment officer and global head of investor relations.
Investors and followers of PRU stock can also find news about Prudential’s retail arm, Prudential Advisors, including the expansion of its advisor network, the launch of the Prudential Advisors Connect mobile app with AI‑enhanced productivity tools, and the addition of experienced advisor teams and practices. Other items cover product innovations such as the launch of FlexGuard 2.0, an evolution of Prudential’s registered index‑linked annuity lineup, and partnerships and platforms supported by PGIM and Prudential, such as real estate joint ventures and reinsurance vehicles like Prismic Life.
By reviewing this news feed, readers can track how Prudential manages its global insurance and asset management franchises, how it supports advisors and clients, and how leadership and capital decisions are communicated to the market. Bookmark this page to monitor ongoing PRU announcements and official company updates.
Prudential Financial has announced Eliot Latray and Michael Andersen as Montana's top youth volunteers of 2021 through The Prudential Spirit of Community Awards. Each student will receive a $2,500 scholarship and an invitation to a national recognition celebration. Eliot secured PPE for Native American tribes and water bottles for children affected by COVID-19, while Michael initiated the 'Share Our Stories Holiday Campaign,' connecting youth with older generations through letter writing. The awards recognize exemplary volunteer service by students from grades 5-12.
Fletcher Horne and Abygail Buchanan have been named Mississippi's top youth volunteers of 2021 by The Prudential Spirit of Community Awards. Each honoree will receive a $2,500 scholarship and an invitation to the virtual national recognition celebration. Horne, a sophomore, provided over 1,300 hot meals to healthcare workers during the COVID-19 pandemic, raising over $12,000. Buchanan, an eighth-grader, led a drive collecting toiletries for homeless veterans. The awards acknowledge students in grades 5-12 for significant volunteer contributions.
Prudential Financial announced Missouri's top youth volunteers for 2021: Shruti Gautam and Karlee Doak. Each honoree receives a $2,500 scholarship and an invitation to the national celebration in April. Shruti, a senior, advocated for free feminine hygiene products in schools, influencing district policy with a $20,000 budget. Karlee, a seventh-grader, produced and donated hundreds of face masks during the pandemic, highlighting her community support. The awards recognize students' impactful volunteer efforts during 2019-2020, showcasing resilience amidst challenges.
On February 9, 2021, Grace Davie, 16, from Sanford, and Miranda Torrey, 12, from Lisbon, were named Maine's top youth volunteers by The Prudential Spirit of Community Awards. Both will receive a $2,500 scholarship and an invitation to a national recognition event. The awards celebrate students in grades 5-12 for their volunteer efforts, with a focus on their impact during the pandemic. Grace's initiative provided holiday boxes to 245 families, while Miranda led various community projects, including raising $1,300 for Make-a-Wish Maine.
On February 9, 2021, Prudential Financial recognized Shreyas Kar and Brenna Mefford as Kentucky's top youth volunteers of 2021 through its Spirit of Community Awards. Each honoree receives a $2,500 scholarship and an invitation to the national celebration. Shreyas developed software for charitable organizations and created a nonprofit to help students with community projects. Brenna crafted face masks during the pandemic and engaged in various charitable activities. The awards highlight youth contributions during challenging times, with over 21,000 applicants showcasing resilience and commitment to service.
On February 9, 2021, Sascha Pakravan and Brennan Yamaguchi were honored as Hawaii's top youth volunteers for 2021 by The Prudential Spirit of Community Awards. Each recipient will receive a $2,500 scholarship and an invitation to a virtual national celebration. Sascha launched 'Words4,' producing children's storytime videos to improve literacy access, while Brennan raised epilepsy awareness through various community initiatives. The awards, recognizing contributions from students in grades 5-12, underline the importance of youth engagement in community service.
Prudential Financial announced its 2021 Spirit of Community Awards, honoring 102 students from across the U.S. for their significant volunteer contributions amidst the pandemic. Selected from over 20,000 applicants, these middle and high school students addressed community needs during a challenging year, including providing meals to food-insecure households and creating support networks for marginalized groups. Each honoree receives a $2,500 scholarship and recognition, with ten students recognized as national top youth volunteers earning additional scholarships and grants.
PGIM Real Estate completed nearly US$30 billion in global transactions in 2020, including $10.2 billion in equity investments and $19.5 billion in financing. The transactions involved 911 deals: $25.3 billion in the Americas, $3.3 billion in Europe, and $1.0 billion in Asia Pacific. In 2021, PGIM Real Estate has up to $20 billion available for financing. The equity segment capitalized on trends like e-commerce and suburban housing, while the debt business gained market share amid regulatory constraints on banks.
Prudential Financial, Inc. (NYSE: PRU) reported its fourth quarter and year-end 2020 financial results. For Q4 2020, the net income was $819 million ($2.03 per share), a decrease from $1.128 billion ($2.76 per share) in Q4 2019. The company's after-tax adjusted operating income rose to $1.183 billion ($2.93 per share) from $915 million ($2.24 per share) year-over-year. However, for the full year 2020, Prudential posted a net loss of $374 million ($1.00 per share) compared to a net income of $4.186 billion ($10.11 per share) in 2019, along with a decline in adjusted operating income.
FAQ
What is the current stock price of Prudential Finl (PRU)?
What is the market cap of Prudential Finl (PRU)?
