Prudential Financial overweight on U.S. stocks


Prudential Financial overweight on U.S. stocks

TAIPEI, Taiwan (Reuters)?Prudential Financial, one of the largest U.S. life insurers, is overweight on U.S. stocks believing widely expected U.S. interest rate cuts would keep any recession short and boost stocks, an executive said on Monday. "There could be a recession, but it's going to be short,"

You might be interested in these entries too:

Prudential names Strangfeld as new chairman, CEO

NEWARK, N.J.?Prudential Financial Inc.?s board of directors elected Vice Chairman John R. Strangfeld as the company?s new chief executive officer and chairman. Mr. Strangfeld, who currently heads all of the...

Prudential unit sues to recover bond fund losses

NEW YORK?A lawsuit filed by Prudential Financial Inc. against State Street Corp. seeks to recover $80 million in losses resulting from State Street?s alleged ?deceptive, imprudent and incompetent performance? in...

Responses to 'Prudential Financial overweight on U.S. stocks'


  1. No Comments

Leave a Reply





eXTReMe Tracker