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Update on Predictive Acquisition
Globenewswire· 2025-12-15 21:40
Core Viewpoint - Perseus Mining Limited's proposal to acquire Predictive Discovery Limited has been terminated following a revised merger agreement between Predictive and Robex Resources Inc. which was deemed superior by Predictive's Board [1][2]. Group 1: Revised Merger Agreement - The revised merger agreement between Predictive and Robex was received on December 11, 2025, and has been determined to match Perseus's definitive binding offer made on December 3, 2025 [1]. - Under the revised merger, Predictive shareholders' ownership in the combined entity has increased from 51.0% to 53.5% [2]. Group 2: Perseus's Position - Perseus acknowledges the marginal improvement in Predictive's ownership but believes the revised merger remains inferior to its original proposal, as indicated by Predictive's trading at a discount to the value implied by Perseus's proposal [2]. - In light of the current circumstances and the likelihood of the success of the Predictive/Robex merger, Perseus does not intend to submit a revised proposal for Predictive but reserves the right to change its position if circumstances evolve [3].
3 Finance Stocks to Buy on Rising 10-Year Treasury Rates
Investing· 2025-12-15 19:16
Market Analysis by covering: JPMorgan Chase & Co, Morgan Stanley, Prudential Financial Inc, United States 10-Year. Read 's Market Analysis on Investing.com ...
Prudential Launches FlexGuard 2.0 with New Investment Allocation Options to Help Customers Protect Their Life's Work, Furthering Commitment to the Registered Index-Linked Annuity Space
Businesswire· 2025-12-15 16:15
Core Insights - Prudential Financial, Inc. has launched FlexGuard 2.0, an evolution of its flagship retail registered index-linked annuity (RILA) product lineup for U.S. retirement [1] - The new product enhancements are based on direct feedback from customers and financial professionals, while still offering customizable protection features [1] Product Details - FlexGuard 2.0 builds on the record success of Prudential's premier RILA suite, indicating strong market performance and customer acceptance [1] - The enhancements aim to address specific needs and preferences expressed by users, showcasing Prudential's commitment to customer-centric product development [1]
Why Prudential (PRU) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-12-15 15:51
Company Overview - Prudential Financial Inc. is a financial services leader founded in 1875, headquartered in Newark, NJ, offering a range of financial products and services including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services to individual and institutional customers across the United States, Asia, Europe, and Latin America [12]. Investment Ratings - Prudential (PRU) currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B, indicating a moderate investment outlook [13]. - The stock has a Momentum Style Score of B, with shares increasing by 9.2% over the past four weeks [13]. Earnings Estimates - In the last 60 days, eight analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate rising by $0.73 to $14.47 per share [13]. - Prudential has demonstrated an average earnings surprise of +5.2%, suggesting a positive trend in earnings performance [13]. Investment Considerations - Given its solid Zacks Rank and favorable Momentum and VGM Style Scores, Prudential is recommended to be on investors' short lists for potential investment opportunities [14].
P/E Ratio Insights for Prudential Financial - Prudential Financial (NYSE:PRU)
Benzinga· 2025-12-12 15:00
Looking into the current session, Prudential Financial Inc. (NYSE:PRU) shares are trading at $117.46, after a 0.35% spike. Moreover, over the past month, the stock increased by 9.61%, but in the past year, decreased by 2.61%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. Comparing Prudential Financial P/E Against Its PeersThe P/E ratio measures the current share price to the company's EPS. It is used by long- ...
Abu Dhabi Investment Office and PFI collaborate to advance reinsurance capacity
ReinsuranceNe.ws· 2025-12-10 13:30
The Abu Dhabi Investment Office (ADIO) and Prudential Financial Inc (PFI) have signed a strategic collaboration to expand Abu Dhabi’s reinsurance capacity, as well as long-term investment, retirement savings, and income.PFI has joined Abu Dhabi’s Fintech, Insurance, Digital and Alternative Assets (FIDA) cluster, a strategic initiative led by the Abu Dhabi Department of Economic Development (ADDED) and ADIO to pioneer the next generation of financial solutions from Abu Dhabi.The collaboration is centred on b ...
Prudential Advisors Welcomes Advisor Team from Raymond James with Over $550 Million in Assets
Prnewswire· 2025-12-08 11:00
Core Insights - Prudential Advisors continues its growth momentum in 2025 by welcoming Premier Planning Partners, an all-female firm with over $550 million in client assets, enhancing its service capabilities and client support [1][3]. Group 1: Company Growth and Strategy - The addition of Premier Planning Partners aligns with Prudential Advisors' ambitious growth strategy, which has seen the firm welcome new financial advisors representing over $3 billion in client assets and increase advisor headcount by nearly 9% in 2025 [3][4]. - Prudential Advisors aims to expand its presence in the Midwest and is focused on providing resources to ensure exceptional client experiences and practice growth for its advisors [2][3]. Group 2: Client Focus and Services - Premier Planning Partners specializes in serving professional women, small business owners, and financial windfall recipients, utilizing research and data to create customized financial planning strategies [2]. - The firm emphasizes building deep relationships with clients by understanding their motivations and behaviors, which is integral to their service model [2]. Group 3: Infrastructure and Support - Prudential Advisors offers modern infrastructure, technology suite, marketing services, and business development support, which are crucial for Premier Planning Partners to scale their practice and enhance investment solutions for clients [3]. - The client-first, values-driven culture of Prudential Advisors aligns well with the operational ethos of Premier Planning Partners, facilitating a supportive environment for growth [3]. Group 4: Industry Position - Prudential Financial, Inc. manages approximately $1.6 trillion in assets as of September 30, 2025, positioning itself as a global leader in financial services and investment management [6]. - The firm has a strong commitment to expanding access to investing, insurance, and retirement security, which is reflected in its growth strategy and the caliber of advisor teams it attracts [4][6].
Pace selected by Prudential Financial to help automate its insurance operations with agentic AI
Businesswire· 2025-12-04 13:15
NEW YORK--(BUSINESS WIRE)--Pace, the agentic workforce for insurance, was chosen by Prudential's Individual Life Insurance (ILI) business to help simplify and improve its service delivery. Pace's AI-powered agents are now streamlining policy servicing and supporting quality assurance efforts within Prudential's ILI business. The first set of automated systems is now live taking on thousands of hours of work. "Our work with Prudential is an example of how AI can be used as a strategic advantage,. ...
Prudential Financial Names Matt Armas CIO
Chief Investment Officer· 2025-12-03 22:44
Prudential Financial Inc. named Matt Armas CIO and senior vice president, effective March 12, 2026. He will succeed Tim Schmidt, who will retire after 16 years at the financial services firm, seven of those as CIO. Schmidt will stay on in an advisory role through August 31, 2026, to aid in the transition.Armas is the current global co-head of insurance at Goldman Sachs Asset Management, where he has worked for more than 21 years. Armas also oversees portfolio construction for insurance clients with a focus ...
Prudential Financial Stock: Is PRU Outperforming the Financial Sector?
Yahoo Finance· 2025-12-03 14:51
Core Insights - Prudential Financial, Inc. (PRU) is a global financial services company with a market cap of $37.7 billion, providing life insurance, retirement solutions, asset management, and annuities [1] - PRU is classified as a large-cap stock, generating steady cash flow through recurring premiums and strong brand trust, while focusing on faster-growing, less capital-intensive areas for better long-term profitability [2] Stock Performance - PRU is currently trading 16.2% below its 52-week high of $128.72, reached on December 3, 2024, and has gained marginally over the past three months, outperforming the Financial Select Sector SPDR Fund (XLF) which dropped 1.4% [3] - Year-to-date, PRU shares are down 9%, slightly trailing XLF's 9.3% return, and have declined 16% over the past 52 weeks, significantly lagging behind XLF's 4% increase [4] Financial Results - On October 29, Prudential Financial reported better-than-expected Q3 results, with shares surging 1.9% in the following trading session; adjusted EPS increased 27.9% year-over-year to $4.26, surpassing consensus estimates by 16.4% [5] - Assets under management grew 3.5% year-over-year to $1.6 trillion, indicating strong growth across all business segments [5] Competitive Position - PRU has underperformed its rival, MetLife, Inc. (MET), which declined 12.2% over the past 52 weeks and 6.9% year-to-date [6]