Highlights
A collection of news and information related to Prudential Financial Incorporated published by Tribune Company sources.
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Canton pavilions proposed
Sun reporterThe Main Street-style shopping center planned for a former oil refinery site in the Canton Crossing mixed-use development - likely to be anchored by Target and grocer Harris Teeter - will include two large waterfront pavilions for shops and offices....Tags: Rental Service, Ed Hale, Corporate Officers, Williamsburg, Exxon Mobil Corporation
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The week ahead
Monday Earnings Amgen; Kraft; Loews; Verizon; Wm. Wrigley Jr. Co. Tuesday Reports July consumer confidence index; May Case-Shiller home price index Earnings Alcatel-Lucent; Colgate-Palmolive; Entergy; MetLife; Northrop Grumman; U.S. Steel...Tags: Ameren Corporation, International Paper Company, Petroleum Industry, Earnings, Colgate-Palmolive Company
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Chrysler Building has Arab owner
Associated PressAn Abu Dhabi investment fund has bought a majority stake in New York City's landmark Chrysler Building. A spokeswoman for Prudential Financial Inc. says the insurer sold its 75 percent stake in the Art Deco skyscraper to the Abu Dhabi Investment Council....Tags: Petroleum Industry, The Goldman Sachs Group Incorporated, Metal and Mineral, General Motors Corp., Boston Properties Incorporated
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Retirement TV scales back; 47 are laid off
Sun reporterRetirement Living TV, the Columbia-based seniors' network, has placed four shows on hiatus and laid off 47 workers, though some layoffs are expected to be temporary. Executives at the network, which launched in September 2006, say the move is not a sign...Tags: Retirement, Walter Cronkite, Catonsville, Satellite and Cable Service, Advertising
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Chrysler Building stake sold
Associated PressAn Abu Dhabi investment fund has bought a 75 percent stake in the Chrysler Building, one of the best-known landmarks on the New York skyline. The Abu Dhabi Investment Council, one of the world's largest sovereign wealth funds, closed the sale with...Tags: General Motors Corp., Boston Properties Incorporated
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The markets in 60 seconds
Deadline nears for free wind inspections If you haven't signed up for your free wind inspection from the My Safe Florida Home program, time is running out. Florida Chief Financial Officer Alex Sink said Monday that the program has only 35,000 more...Tags: Newspaper and Magazine, Weather Reports, Layoffs and Downsizing, Further Education, New Smyrna Beach
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Hot Music For Hot Weather
By OWEN McNALLYConnecticut jazz fans can experience virtually everything, the shock of the new in Hartford's Bushnell Park to the blissful comforts of the familiar but still stomping traditional grooves resounding in Essex and Moodus at the region's jazz festivals...Tags: Academic Progress, Howard Alden, William Parker, Eartha Kitt, Bebe Neuwirth
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Seeking bargains in the financial-services rubble
The strong survive. That's the logic behind investing in financial-services stocks whose prices have been battered in the subprime mortgage mess. The best-run firms with quality core businesses will turn out to have been bargains once the storm calms...Tags: American Express Company, Lazard Limited, Wells Fargo & Co., Financial and Business Services, Lehman Brothers Holdings Incorporated
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Put investment on autopilot to start saving
Your Money staff reporterYou can put almost any task on autopilot: making the morning coffee, driving on a stretch of highway and paying bills. Automatic investing also could become commonplace, especially for twentysomethings. A study last month by Prudential Financial Inc., a...Tags: Retirement, 401K, Mutual Funds, Employers, Employees
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Employer benefits vary
Times Staff WriterHere's a sampling of what some employers provide in elder-care benefits: -- Consumer products-maker Unilever USA provides a "concierge" service that one employee used to arrange the repair of a parent's storm-damaged house in another state. -- McGraw-...Tags: Health Insurance, Employers, Family, Private Health Care, Health Treatments
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Nets' Brooklyn Arena gets new name: Barclays Center
Associated Press WriterA British bank hoping to expand its profile in the United States signed a 20-year deal to slap its name on the new pro basketball arena planned in Brooklyn. The 18,000-seat facility designed by the architect Frank Gehry will be called The Barclays Center...Tags: Philips Electronics, Field Hockey, Michael Bloomberg, New Jersey Nets, National Basketball Association
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Divvying up settlement funds for investors proves difficult
Sun ReporterState and federal regulators have won a string of settlements from Wall Street over trading scandals in the mutual fund industry, and more than $3 billion has been secured to be doled out to wronged investors. But determining who has a right to the money...Tags: Retirement, Prices, Securities, Banking, Internal Revenue Service
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