November 12, 2018

Prudential Financial Declares Quarterly Dividend on Common Stock

NEWARK, N.J., November 12, 2018 - Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $0.90 per share of Common Stock, payable on December 13, 2018, to shareholders of record at the close of business on November 26, 2018.

November 12, 2018

PGIM Real Estate acquires grade-A logistics platform in Salon-de-Provence

PARIS, 12 Nov. 2018 PGIM Real Estate has acquired a 100,000-square-meter grade-A logistics platform located in Salon-de-Provence, 60 kilometers north of Marseille, on behalf of an institutional investor.

November 08, 2018

An El Paso military family uproots their lives—but not careers—in move to Alaska

They call Alaska “The Last Frontier” for good reason. For most Americans, the 49th state evokes a frigid wilderness capped with electric-blue glaciers and frozen tundra, with spruce forests overrun by grizzly bears and crystal-clear rivers swimming with salmon. For the Braccos, a military family that was relocated from El Paso, Texas, to Fairbanks a year ago, it’s the polar opposite of everything they’ve ever known.

November 07, 2018

Prudential Financial, Inc. Announces Third Quarter 2018 Results

NEWARK, N.J., November 07, 2018 - Prudential Financial, Inc. (NYSE: PRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc., was $1.672 billion ($3.90 per Common share) for the third quarter of 2018, compared to $2.238 billion ($5.09 per Common share) for the third quarter of 2017.

November 04, 2018

American workers say private business best-suited to impact community growth

Prudential's fourth American Workers Survey, conducted in September, found that American workers believe the business community is among the best-suited to provide the financing needed to help their communities thrive—with small businesses and large employers ranking ahead of state government, individual community members and federal government.

October 31, 2018

Kelsey-Seybold Clinic taps Prudential to manage $413 million in retirement assets

NEWARK, N.J., October 31, 2018 - Kelsey-Seybold Clinic, a Houston-based multispecialty group practice, chose Prudential Retirement as record keeper for its retirement plans.

October 25, 2018

Do you spend more time on social media than selecting benefits?

For many employees, making annual benefits decisions is as bad as having a cavity filled. You want to just get it over with—quickly. But that’s a mistake.

October 24, 2018

Navigating the technology frontier beyond Silicon Valley

NEWARK, N.J., October 24, 2018 - Given the lightning-quick pace of technological change, investors must evaluate their portfolios to weed out obsolescence risk from incumbent products and business models that might soon be displaced, while developing a disciplined active investment framework to identify potential technology-driven winners, according to the latest report examining megatrends from PGIM, the $1.2 trillion asset management businesses of Prudential Financial, Inc. (NYSE: PRU).

October 23, 2018

Blue Cross and Blue Shield of Nebraska selects Prudential Retirement to oversee $138M retirement plan

NEWARK, N.J., October 23, 2018 - Blue Cross and Blue Shield of Nebraska, an independent licensee of the Blue Cross and Blue Shield Association, hired Prudential Retirement to serve as the new provider for its 401(k) retirement plan. Prudential Retirement, among the industry’s largest record keepers, is a business unit of Prudential Financial, Inc. (NYSE: PRU).

October 23, 2018

PGIM Investments European expansion accelerates with new hires in Germany

NEWARK, N.J., October 23, 2018 - PGIM Investments is expanding its distribution footprint throughout Europe, adding a team dedicated to Germany. The firm has hired as vice president Thiemo Volkholz, who will be based in Frankfurt and focused on growing the firm’s presence with global, regional and local banks and financial intermediaries throughout the region. Together with Cvjetko Zecevic, hired as assistant vice president, the team will market PGIM’s asset management capabilities including PGIM Funds throughout the region.