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Stock Market & Financial Investment News

News Breaks
February 13, 2013
17:04 EDTPRUPrudential appoints Robert Falzon as CFO, announces other management changes
Prudential Financial has named Robert Falzon as executive VP and CFO, succeeding the retiring Rich Carbone, effective March 4. Carbone held the CFO position for 16 years. Ken Tanji will become senior vp and treasurer, reporting to Falzon; John Hanrahan will return to the U.S. to become senior vice president, CAO and CFO for the International Businesses; and Shoichiro Ichitani will succeed Hanrahan as president of Prudential of Japan. Hanrahan and Ichitani’s new roles will become effective on April 1.
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May 15, 2013
11:48 EDTPRUAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
10:13 EDTPRUOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aeropostale (ARO) upgraded to Outperform from Market Perform at BMO Capital... Gap (GPS) upgraded to Buy from Neutral at Citigroup... PS Business Parks (PSB) upgraded to Market Perform from Underperform at BMO Capital... Redwood Trust (RWT) upgraded to Outperform from Market Perform at FBR Capital... Regal-Beloit (RBC) upgraded to Outperform from Neutral at Credit Suisse... Unilever (UN) upgraded to Buy from Reduce at Nomura... Prudential (PRU) upgraded to Buy from Hold at Argus... Inergy, L.P. (NRGY) upgraded to Overweight from Neutral at JPMorgan... Noble Energy (NBL) upgraded to Buy from Hold at Stifel... Halcon Resources (HK) upgraded to Buy from Hold at Stifel.
07:33 EDTPRUPrudential upgraded to Buy from Hold at Argus
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May 13, 2013
10:09 EDTPRUOn The Fly: Analyst Downgrade Summary
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07:29 EDTPRUPrudential downgraded to Neutral from Buy at BofA/Merrill
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May 7, 2013
10:03 EDTPRUPrudential Retirement partners with Wells Fargo
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