Prudential Financial Sees Profit Boost From Tax Overhaul - News Summed Up

Prudential Financial Sees Profit Boost From Tax Overhaul


Prudential Financial Inc. reported significantly higher fourth-quarter earnings, boosted by a benefit of $2.87 billion from the U.S. tax overhaul. The financial-services provider also raised its quarterly dividend by 20% to 90 cents. Shares of Prudential, up 10% over the past year, increased 1.6% to $112.95 in after-hours trading. The Newark,...


Source: Wall Street Journal February 07, 2018 22:38 UTC



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