Thursday, February 11, 2010

 

Prudential Swings To 4Q Profit But Shares Fall

Prudential Financial Inc.'s (PRU) financial-services business swung to a fourth-quarter profit on higher revenue, as year-earlier results were hurt by steep investment losses.

With its move into the black, Prudential joined Lincoln National Corp. (LNC), Genworth Financial Inc. (GNW) and Hartford Financial Services Group Inc. (HIG) in posting improved results after the industry was battered at the end of 2008 by the volatile financial markets...

WSJ: Prudential Swings To 4Q Profit But Shares Fall

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