Prudential Financial (PRU) Reports 3Q Beat in Tough Market; Piper Jaffray Raises Price Target to $107

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Go back to Prudential Financial (PRU) Reports 3Q Beat in Tough Market; Piper Jaffray Raises Price Target to $107

Prudential Financial, Inc. Announces Third Quarter 2015 Results

November 4, 2015 4:19 PM EST

NEWARK, N.J.--(BUSINESS WIRE)-- Prudential Financial, Inc. (NYSE: PRU):

After-tax adjusted operating income of $1.110 billion, or $2.40 per Common share, compared to $2.20 per Common share for the year-ago quarter.1 Significant items included in current quarter adjusted operating income:

- Pre-tax net charges of $104 million in Individual Annuities, mainly to reflect the impact of market performance on reserves for guaranteed death and income benefits and deferred policy acquisition and other costs.

-... More

The Affordable Care Act offers options to Americans planning for retirement

November 3, 2015 10:20 AM EST

Prudential white paper outlines the new options for those seeking early retirement

NEWARK, N.J.--(BUSINESS WIRE)-- For Americans who are interested in retiring but continue to work full-time just to bridge their medical benefits to Medicare, the Affordable Care Act (ACA) offers new health insurance options.

By taking advantage of the health insurance options made available through the ACA, individuals can consider enhanced career flexibility later in life without having to worry about their health insurance in the same way as prior generations of early retirees, according to a new Prudential... More