Business

Prudential Study Shows Employers Seeking Outside Help with Employee Benefits

Survey finds 73% of retirees looking for new ways to grow their assets

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Prudential Financial (NYSE: PRU) closed yesterday at $48.67. So far the stock has hit a 52-week low of $10.63 and 52-week high of $55.99. Prudential Financial stock has been showing support around 47.11 and resistance in the 50.87 range. Technical indicators for the stock are Bullish and S&P gives PRU a positive 4 ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)

By Ilaina JonasNEW YORK (Reuters) - General Growth Properties GGWPQ, the giant mall operator that filed for bankruptcy in April, said on Thursday it reached an agreement with lenders that extends maturities on 70 loans and enables the lenders to get their money back.The agreement applies mostly to mortgages and...

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Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.

Prudential Financial (NYSE: PRU) closed yesterday at $50.34. So far the stock has hit a 52-week low of $10.63 and 52-week high of $55.99. Prudential Financial stock has been showing support around 48.83 and resistance in the 51.71 range. Technical indicators for the stock are Bullish and S&P gives PRU a positive 4 ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)

Asian stocks fall, government bonds rally as oil drops; Yuan forwards rise.China this year rejected requests to build 47 projects worth 200B to curb excessive capacity.Copper prices falls as dollar gains for second day, stockpiles at six-month high.Dollar falls versus Krone, Aussie; Europe GDP growth optimism spurs yield demand.European Stocks Advance; Richemont, British Airways, Iberia Shares climbEurozone out of recession after 0.4% growthFHA reserves fall below legal limitHealth legislation being considered would force drug makers to disclose amount spent on continuing medical education classes for doctors.[More...]

Asia stocks, currencies gain after Australian jobs report; gold at record.Australian employers unexpectedly hire 24,500; currency jumps on rate bets.Brazil economy to grow 9 percent in 4th quarter as domestic demand surges, top official says.Brazil government defends reliability of power grid after blackout leaves 60M in dark.Dollar falls to 15-month low on bets Fed rate to stay near zero.Euro up to $1.500 in European morning trade, Asian equity gains slow.Fed officials say recovery will be slow as unemployment hampers spending.Global confidence drops as central banks begin to exit emergency stimulus.Gold hits record high of $1,121.90/oz, driven by speculation of dollar weakness.Oil hovers above $79 in Asia amid sluggish US crude[More...]

US stocks finished higher on Wednesday after homebuilder Toll Brothers issued an upbeat revenue forecast. Shares also rallied on hopes of continued low interest rates.[More...]

Asian stocks, currencies rise on Japan, China economic data; gold advances.China's industrial production output grew 16.1% in October, its fastest pace in more than a year.Job openings in U.S. remain close to record-lowsOil prices fell $79 a barrel in Asia amid rising U.S. oil inventories and a weaker dollarSwiss rules to tie bonuses to profit will apply only to the nation’s 12 largest banksUnfilled positions climb to most since June as US companies delay hiring.USDA trimmed its production forecast and raised its price outlook for crops.Adobe to cut about 680 full-time positions or about 9% of its total work force.AIG’s CEO Robert Benmosche, after just 3 months, is ready to quit over pay constraintsArvinMeritor[More...]

US stock futures rose on Wednesday as upbeat manufacturing data from China reinforced hopes of economic recovery.[More...]

Schaeffer's analyst Morgan Searcy takes a look at news on the Street before the market open.

Two Veteran Wall Street Analysts Review the October 17, 2008 Edition of the Value Line Investment Survey

Guest: Steven Leimberg tells us about the gruesome money scheme that has investors looking to profit by buying life insurance on seniors. Where else can you say: "The sooner they die, the more profit the investor makes" - very nice! Companies within Industry: (LPHI) (MET) (MMC) (PRU) (AEG) (MFC) (SLF) (ING) (PFG) (AIG)

Hansen Natural, Mylan Labs, Emmis Communications, Leading Brands, U.S. Energy, Andrew Corp

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