Prudential Financial (NYSE:PRU) has decided to expand their energy offerings by creating the Dallas-based Energy Finance Group.

Prudential Financial Ready For Energy Investment

Prudential Capital Group, a wholly owned subsidiary of Newark, New Jersey based Prudential Financial (NYSE:PRU), has reportedly decided to provide expanded financing potential to the energy divisions of oil and gas, utility and power.

Randall Kob, managing director of Prudential Financial (NYSE:PRU)’s Prudential Capital, said, “Prudential Capital has been active in power and oil and gas finance since the 1960s, and this dedicated expansion responds to the needs of the marketplace for deep cross-sector experience and capital that covers the entire risk spectrum within one investment group. The landscape of investment opportunities across the broader energy sectors has changed considerably over the past several years. There is an increase in risk investment opportunities in the power, and oil and gas sectors, as well as indications that the broader energy industry would benefit from greater diversity of capital providers.”

Prudential Financial (NYSE:PRU) stocks are currently standing at 60.17.

Price History
Last Price: 60.17
52 Week Low / High: 42.45 / 65.3
50 Day Moving Average: 61.69
6 Month Price Change %: 20.6%
12 Month Price Change %: 1.6%

Prudential Financial (NYSE:PRU) has extended its partnership with the LPGA.

Prudential Financial Drives Partnership With LPGA

Prudential Financial (NYSE:PRU) announced that it has extended its partnership with LPGA for the next two years to become the Official Financial Services provider of the Tour. The company will support the Tour’s ‘Bring Your Challenges’ campaign.

Prudential Financial (NYSE:PRU)’s vice president of advertising said, “Prudential Financial (NYSE:PRU) is pleased to be extending its partnership with the LPGA for the next two years. The enhanced partnership is a prestigious association for Prudential Financial (NYSE:PRU) and an effective way to reach our target audience in a space that is not inundated with advertisers”.

Prudential Financial (NYSE:PRU) shares are currently standing at 61.22.

Price History
Last Price: 61.22
52 Week Low / High: 42.45 / 65.3
50 Day Moving Average: 58.04
6 Month Price Change %: 30.8%
12 Month Price Change %: -3.0%

Prudential Financial (NYSE:PRU) Group Insurance has named Joseph M. Hayes to lead Information Systems.

Prudential Financial Names New Systems Head

Prudential Financial (NYSE:PRU) announced that its business unit, Prudential Group Insurance, has named Joseph M. Hayes vice president, Information Systems and Chief Information Officer.

Hayes will be responsible for Group Insurance technology and systems.

Helayne Klier, senior vice president, Service Delivery, Prudential Financial (NYSE:PRU) Group Insurance, said that, “Technology and the role it plays in our business is critical to our success. How we deliver new products, services and innovation to our customers in the marketplace is in part very much dependent on our IT capabilities. Joe’s depth of knowledge and passion for excellence, combined with his experience, makes him the ideal choice for the job. We’re thrilled to have him leading our Information Systems team”.

Prudential Financial (NYSE:PRU) shares are currently standing at 61.31.

Price History
Last Price: 61.31
52 Week Low / High: 42.45 / 66.57
50 Day Moving Average: 55.59
6 Month Price Change %: 20.9%
12 Month Price Change %: -6.4%

Prudential Financial (NYSE:PRU) Investments has expanded its defined contribution mutual fund business.

Prudential Financial (NYSE:PRU) Mutual Funds Expanding

Prudential Financial (NYSE:PRU)’s unit Prudential Financial Investments has announced it is expanding its defined contribution business by establishing a new Southwest Sales Division.

The new division will be led by Account Manager Stacey Harper supported by Retirement Specialist Jeffrey L. Meltzer. The expansion highlights the fast-growing segment of asset management business.

Michael Rosenberg, senior vice president of Prudential Financial (NYSE:PRU) Investments and head of the IODC channel, said that, “Prudential Financial (NYSE:PRU) Investments’ commitment to providing advisors with products and services that help their plan sponsor clients prepare participants for a successful retirement has driven our overall growth during the last few years. Prudential Financial (NYSE:PRU) Investments’ business is still in its early stages and I see this as a tremendous opportunity to put additional resources into one of the fastest-growing segments of the asset management industry”.

Prudential Financial (NYSE:PRU) company shares are currently standing at 60.17.

Price History
Last Price: 60.17
52 Week Low / High: 42.45 / 67.52
50 Day Moving Average: 53.67
6 Month Price Change %: 14.6%
12 Month Price Change %: -7.6%

Prudential Financial (NYSE:PRU) has released new benefits to long-term care insurance customers.

Prudential Financial (NYSE:PRU) Pushing Long-Term Policies

The insurance major Prudential Financial (NYSE:PRU) has introduced a new policy; a long-term care insurance business which is now offering policyholders entrance to a single, integrated source for objective and high-quality, personalized direction to support free living.

Malcolm Cheung, vice president of Long-Term Care Insurance for Prudential, said that, “We are dedicated to offering our policyholders access to programs that help maximize their ability to remain independent and age with dignity. The addition of Univita Living to our available services is a natural extension of this promise.”

Prudential Financial (NYSE:PRU) stocks are currently standing at 58.25.

Price History
Last Price: 58.25
52 Week Low / High: 42.45 / 67.52
50 Day Moving Average: 51
6 Month Price Change %: -3.3%
12 Month Price Change %: -5.2%

Prudential Financial (NYSE:PRU) Agency Distribution Chairman’s Council has welcomed a new member.

Prudential Financial (NYSE:PRU) Appoints New Council Member

Reports say that Roy James has been named a member of the Prudential Agency Distribution Chairman’s Council.

Prudential Financial (NYSE:PRU) Agency Distribution Chairman’s Council is Agency Distribution’s highest level of recognition for top performers.

It recognizes the prestigious achievement of top-performing financial professionals. RoyJames is a Financial Professional, in The Prudential Financial (NYSE:PRU) Insurance Company of America’s Sunshine State Agency.

Membership in the Chairman’s Council reflects an extraordinary commitment to helping clients achieve financial security by offering insurance and financial products that support their individual financial goals, whether estate planning, business needs or retirement plans.

Prudential Financial (NYSE:PRU) shares are currently standing at 50.12.

Price History
Last Price: 50.12
52 Week Low / High: 42.45 / 67.52
50 Day Moving Average: 50.8
6 Month Price Change %: -22.6%
12 Month Price Change %: -14.4%

Prudential Financial (NYSE:PRU) has granted $655,000 to food banks across the country during the holiday season.

Prudential Financial (NYSE:PRU) Buying Food For Christmas

Prudential Financial (NYSE:PRU) has granted $655,000 to food banks in some U.S. cities; including $50,000 to Feeding America, the nation’s important domestic-hunger relief charity.

Shane Harris, vice president of The Prudential Foundation, said that, “Hunger and food insecurity are continually growing issues in the United States. As millions more working families face job losses and poverty due to the current state of our economy, these problems is only exacerbated during the holiday season.”

Prudential Financial (NYSE:PRU) stocks were at 49.16 at the end of the last day’s trading. There’s been a -5.2% change in the stock price over the past 3 months.

Prudential Financial (NYSE:PRU) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.37
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.24
Zack’s Rank: 20 out of 29 in the industry

Prudential Financial (NYSE:PRU) has decided to increase the rate of its dividend.

Prudential Financial (NYSE:PRU) Upping Dividend

Prudential Financial (NYSE:PRU), the Newark based Fortune Global 500 and Fortune 500 company, whose subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the United States and in over 30 other countries, has decided to increase their dividend offering.

Prudential Financial (NYSE:PRU)’s board of directors officially announced the hike in the dividend as $1.45 per share for 2011, which is 26 percent higher than last year’s mark.

Prudential Financial (NYSE:PRU) stocks are currently standing at 51.87.

Price History
Last Price: 51.87
52 Week Low / High: 42.45 / 67.52
50 Day Moving Average: 49.51
6 Month Price Change %: -15.5%
12 Month Price Change %: -0.9%