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Ticker Summary (PRU)

32.06+0.00 (+0.00%)
Open N/A
High N/A
Low N/A
Volume N/A
Market Cap 13.6B
52 Week High 92.94
52 Week Low 13.10
P/E 10.31
F P/E 5.64
EPS 3.11
Dividend 0.58
Yield 1.81%
1 Year Target 47.07

PRU 32.06 0.00%

Prudential Financial Inc reported that it expects a third-quarter charge on its exposure to Lehman Brothers as well as possibly another charge related to American International Group. Prudential reported on Wednesday that it expects its charge on roughly $117 million of Lehman Brothers fixed-income securities, which have loss nearly two-thirds of their value. It also has $90 million in exposure to derivatives trading related to Lehman Brothers. Additionally, it may need to take a charge on the $195 million of AIG fixed-income securities, which have lost nearly 57 percent of their value.

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108 days 22 hours ago by Tim

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