Prudential Financial Inc. Is Climbing Following Q1 Report

Posted on: Wed, 06 May 2009 17:06:00 EDT


Symbols: PRU
(RTTNews) - Prudential Financial Inc. (PRU | Quote | Chart | News | PowerRating) reported first quarter net income of $0.01 per share after the close Wednesday, compared to $0.18 last year. After-tax adjusted operating income for the Financial Services Businesses was $1.05 per share, compared to $1.57 per share last year. The stock is now up 1.43 on 119K shares.

Prudential Financial Inc. posted modest gains after the open Wednesday and climbed throughout the early portion of the afternoon. The stock finished up by 4.57 at $35.57 on above average volume. The stock rose to a 6-month high.

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