| Previous Close | 66.42 |
| Open | 66.01 |
| Bid | 65.51 x 1800 |
| Ask | 67.72 x 800 |
| Day's Range | 64.89 - 66.02 |
| 52 Week Range | 38.62 - 97.24 |
| Volume | 153,978 |
| Avg. Volume | 2,192,983 |
| Market Cap | 25.762B |
| Beta (5Y Monthly) | 1.69 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.43 |
| Earnings Date | Nov. 03, 2020 |
| Forward Dividend & Yield | 4.40 (6.62%) |
| Ex-Dividend Date | Aug. 24, 2020 |
| 1y Target Est | 71.45 |
- Zacks
The Zacks Analyst Blog Highlights: Johnson & Johnson, Pfizer, Target, Prudential Financial and Seagate Technology
The Zacks Analyst Blog Highlights: Johnson & Johnson, Pfizer, Target, Prudential Financial and Seagate Technology
- Business Wire
PGIM: Plan sponsors look to OCIO managers for institutional investment expertise
New research from PGIM, the $1.4 trillion global asset management business of Prudential Financial, Inc. (NYSE: PRU), sheds light on the use of outsourced chief investment officers (OCIOs) by defined contribution (DC) plan sponsors. While OCIOs have historically been tapped by defined benefit (DB) plan sponsors and endowments, there is a growing trend of DC plan sponsors turning to OCIO managers. PGIM’s research found that plan sponsors’ top reasons for using an OCIO manager were:
- Bloomberg
BOE Asks Commercial Banks for Views on Negative Interest Rates
(Bloomberg) -- The Bank of England is seeking information from U.K. financial institutions on their ability to implement negative interest rates without damaging their business.The BOE and the Prudential Regulation Authority are conducting a survey as part of their analysis of the policy. While the BOE has said it isn’t currently planning to cut interest rates below zero, it’s preparing in case such a move ever becomes necessary.The BOE’s benchmark rate is currently at 0.1%, and Governor Andrew Bailey has noted that there may be harmful side effects from going lower. He said last month that the central bank is just doing “groundwork” on the issue.“A negative policy rate could have wider implications for your firm’s business and your customers,” PRA chief Sam Woods said in the letter. “The Bank and PRA will consider the wider business implications, including on financial stability, safety and soundness of authorized firms and pass-through to the wider economy.”Read more: Negative Rates Get Another Look in a Covid-19 World: QuickTakeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
