Prudential Financial Inc
Change company Symbol lookup
Select an option...
PRU Prudential Financial Inc
TACT TransAct Technologies Inc
TXN Texas Instruments Inc
T AT&T Inc
SXT Sensient Technologies Corp
SUPN Supernus Pharmaceuticals Inc
SIMO Silicon Motion Technology Corp
RFIL RF Industries Ltd
REED Reed's Inc
PGNX Progenics Pharmaceuticals Inc
Go

Financials : Insurance | Large Cap ValueCompany profile

Prudential Financial, Inc., is a financial services company. The Company, through its subsidiaries, offers a range of financial products and services, which includes life insurance, annuities, retirement-related services, mutual funds and investment management. The Company's operations consists of four divisions, which together encompass seven segments. The U.S. Retirement Solutions and Investment Management division consists of Individual Annuities, Retirement and Asset Management segments. The U.S. Individual Life and Group Insurance division consists of Individual Life and Group Insurance segments. The International Insurance division consists of International Insurance segment. The Closed Block division consists of Closed Block segment. The Company has operations in the United States, Asia, Europe and Latin America.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$92.29
Day's Change
1.28 (1.41%)
Bid
--
Ask
--
B/A Size
--
Day's High
92.96
Day's Low
92.14
Volume
(Light)
Volume:
1,425,081

10-day average volume:
1,933,391
1,425,081

Chip stocks take a hit after Broadcom earnings

4:39 pm ET June 13, 2019 (MarketWatch)
Print

Several semiconductor companies saw shares decline in after-hours trading Thursday following Broadcom Inc.'s (AVGO) earnings report, which suggested a second-half rebound for chips looks less likely. Among stocks falling more than 1% immediately after Broadcom reported were Texas Instruments Inc. (TXN), Xilinx Inc. (XLNX), Skyworks Solutions Inc.(SWKS), Qualcomm Inc. (QCOM), Qorvo Inc. (QRVO) and Nvidia Corp. (NVDA) Larger chip makers like Intel Corp. (INTC) , Advanced Micro Devices Inc. (AMD) and Micron Technology Inc. (MU) fell by smaller amounts, closer to 0.5%, though action was jagged amid high volume for the extended session. Broadcom cut its fiscal-year forecast in its second-quarter report after trading closed Thursday (http://www.marketwatch.com/story/broadcom-stock-falls-after-earnings-miss-warning-about-challenging-market-2019-06-13), and Chief Executive Hock Tan said in a statement that he sees "a broad-based slowdown in the demand environment." "As a result, our customers are actively reducing their inventory levels, and we are taking a conservative stance for the rest of the year," Tan said. Chip companies earlier this year said that a slowdown would reverse by the second half of the year (http://www.marketwatch.com/story/the-promise-of-a-magical-rebound-for-tech-comes-with-little-evidence-to-back-it-up-2019-03-07), but returns since then have created doubts about the timeline (http://www.marketwatch.com/story/nvidia-tells-the-truth-and-tempers-a-potential-rally-for-chip-stocks-2019-05-16). Broadcom shares were down about 7% in after-hours trading.

-Jeremy C. Owens; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 13, 2019 16:39 ET (20:39 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2019 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2019. All rights reserved.