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News on Prudential Jennison 20/20 Focus A Fund (PTWAX)

Sunday February 1st 2015

  

Latest news for Prudential Jennison 20/20 Focus A(PTWAX) (See analysis on PTWAX)

Aggregared News for Prudential Jennison 20/20 Focus A(PTWAX) from various sources

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Sunday February 1st 2015: Latest financial news from the world

Energy may see further weakness as key names report -  Prudential Jennison 20/20 Focus A(PTWAX) newsEnergy may see further weakness as key names report

A street sign for Wall Street hangs in front of the New York Stock ExchangeThe group has been falling alongside crude oil prices, which are down about 60 percent since June. For the full year, earnings are seen down almost 45 percent, nearly twice the decline of 23.3 percent forecast on Jan. 1.



Fed's 'solid' growth view faces test as Greek drama unfolds -  Prudential Jennison 20/20 Focus A(PTWAX) newsFed's 'solid' growth view faces test as Greek drama unfolds

Detail from the front of the United States Federal Reserve Board building is shown in WashingtonBy Philip Blenkinsop BRUSSELS (Reuters) - The Federal Reserve's upgraded view that growth in the world's biggest economy is "solid", and so capable of withstanding an interest rate rise this year, will be put to the test by U.S. jobs data this week. The Federal Reserve last week lifted its assessment of the U.S. expansion to "solid" from "moderate", with jobs growth now seen as "strong". "Interest rates then were 6 percent. In an encouraging sign, the more widely respected Employment Cost Index, released on Friday, showed labour costs increased by 2.2 percent in the 12 months through December, although still below the 3 percent economists say is needed to bring inflation close to the Fed's 2 percent target.



U.S. regulators recall 2.1 million vehicles in new air bag issue -  Prudential Jennison 20/20 Focus A(PTWAX) newsU.S. regulators recall 2.1 million vehicles in new air bag issue

Jeep's Liberty Patriotic Edition is seen in a file photo taken at the North America Auto Show in DetroitThe auto industry's air bag troubles deepened on Saturday as U.S. federal safety regulators said three big automakers will recall about 2.1 million older vehicles to fix defects that could cause air bags to deploy when they are not supposed to. The vehicles involved in the recall announced by the U.S. National Highway Traffic Safety Administration are made by Toyota Motor Corp, Fiat Chrysler Automobiles NV and Honda Motor Co. There have been about 400 reported cases of inadvertent air bag deployments in the recalled vehicles, NHTSA Administrator Mark Rosekind said. The recall concerned a defective chip in air bag systems and the fix involved replacing the entire air bag module, including circuits manufactured by parts maker TRW Automotive Holdings, Rosekind said.



China factory sector jolts by shrinking in January -  Prudential Jennison 20/20 Focus A(PTWAX) newsChina factory sector jolts by shrinking in January

An employee works at the production line of an automobile factory in DalianBy Koh Gui Qing BEIJING (Reuters) - China's factory sector unexpectedly shrank for the first time in nearly 2-1/2 years in January and firms see more gloom ahead, an official survey showed, raising expectations that policymakers will take more action to forestall a sharper slowdown. The official Purchasing Managers' Index (PMI) fell to 49.8 in January, the National Bureau of Statistics said on Sunday, a low last seen in September 2012 and a whisker below the 50-point level that separates growth from contraction on a monthly basis. Most of the PMI indexes "showed a downward trend, indicating that current economic growth is still in a downtrend," said Zhang Liqun, an economist at the Development Research Center, a state think-tank. Some economists said the January reading was especially downbeat as it suggested that factories did not enjoy a usual spike in business before China's annual Spring Festival holiday, which falls in mid-February this year.



Greece seeks to reassure Europe as tensions rise -  Prudential Jennison 20/20 Focus A(PTWAX) newsGreece seeks to reassure Europe as tensions rise

Greek Prime Minister Tsipras waits for European Parliament President Martin Schulz outside the Greek Premier's office in AthensBy James Mackenzie and Renee Maltezou ATHENS (Reuters) - New Greek Prime Minister Alexis Tsipras, striking a conciliatory note on debt talks after a turbulent start to office, has called the European Central Bank chief to assure him that Athens was seeking an agreement. The new government in Athens made clear from its first day in power that it would not back down on its election pledges to abandon the austerity policies imposed under the bailout agreement sealed by the last government.



Germany, ECB play hardball with Greece -  Prudential Jennison 20/20 Focus A(PTWAX) newsGermany, ECB play hardball with Greece

Dijsselbloem, head of the euro zone finance ministers' group, and Greek Finance Minister Yanis Varoufakis shake hands after their common press conference at the ministry in AthensBy Paul Carrel and Jussi Rosendahl BERLIN/HELSINKI (Reuters) - German Chancellor Angela Merkel ruled out a debt writedown for Greece on Saturday, and a European Central Bank policymaker threatened to cut off funding to Greek banks if Athens does not agree to renew its bailout package. The euro zone's paymaster and the ECB are both taking a tough line with Greece's new leftist government, whose leader swept to victory last Sunday promising that five years of austerity, "humiliation and suffering" were over. Alexis Tsipras has also promised to renegotiate agreements with the European Commission, ECB and International Monetary Fund "troika" and write off much of Greece's 320 billion euro ($360 billion) debt, which at more than 175 percent of gross domestic product is the world's second-highest after Japan.



JPMorgan to pay $99.5 million to resolve currency rigging lawsuit -  Prudential Jennison 20/20 Focus A(PTWAX) newsJPMorgan to pay $99.5 million to resolve currency rigging lawsuit

JP Morgan Chase & Co sign outside headquarters in New YorkBy Jonathan Stempel NEW YORK (Reuters) - JPMorgan Chase & Co, the largest U.S. bank, agreed to pay $99.5 million to settle its portion of an antitrust lawsuit in which investors accuse 12 major banks of rigging prices in the $5.3 trillion-a-day foreign exchange market. Made public on Friday night, the settlement is the first in the nationwide litigation and resolved claims over JPMorgan's role in alleged collusion among banks since January 2003 to manipulate the WM/Reuters Closing Spot Rates, known as the Fix. ...



Exclusive: Treasury official among those eyed for regional U.S. Fed openings -  Prudential Jennison 20/20 Focus A(PTWAX) newsExclusive: Treasury official among those eyed for regional U.S. Fed openings

Detail from the front of the United States Federal Reserve Board building is shown in WashingtonA U.S. Treasury official and a director at the New York Federal Reserve are among those who have been considered to replace two hawkish Fed policymakers, according to people familiar with the searches. Final decisions are not imminent in the efforts to find successors to Philadelphia Fed President Charles Plosser, who steps down March 1, and Richard Fisher of the Dallas Fed, who retires on March 19. Matthew Rutherford, whose stint as Treasury's top domestic finance official ended on Friday, was under consideration at least in early stages of the searches, according to three sources. James McAndrews, who heads up research at the neighboring New York Fed, was considered for the job in Philadelphia, where he once worked.



McDonald's to slow Russia expansion due to fall in rouble -  Prudential Jennison 20/20 Focus A(PTWAX) newsMcDonald's to slow Russia expansion due to fall in rouble

A customer holds balloons outside a McDonald's restaurant on the day of its reopening in central MoscowBy Maria Kiselyova MOSCOW (Reuters) - McDonald's Corp. will open fewer new restaurants in Russia this year than last because a fall in the rouble has increased expansion costs and is hurting consumers, its Russian chief executive Khamzat Khasbulatov told Reuters. The rouble, hit by a drop in oil prices and Western sanctions over Ukraine, has fallen more than 50 percent since early 2014, fuelling inflation. Russia now faces its first recession since 2009. McDonald's will open at least 50 new restaurants in Russia compared to 73 last year, having earmarked 6 billion rubles ($87 million) for capital expenditures, the same amount as in 2014, Khasbulatov said in an interview.



BMW, Bosch join Deutsche Bahn in airline cartel damages claim -  Prudential Jennison 20/20 Focus A(PTWAX) newsBMW, Bosch join Deutsche Bahn in airline cartel damages claim

A BMW logo is seen on a car at the Brussels International Auto ShowGerman carmaker BMW and car supplier Bosch [ROBG.UL] said on Saturday they would join Deutsche Bahn [DBN.UL] in two claims for about 2.1 billion euros ($2.4 billion) in damages from air freight carriers who were involved in a cartel. The air cargo cartel, which included Europe's biggest airline Lufthansa and British Airways, was first discovered seven years ago and triggered fines in the European Union and in the United States. Confirming a report in German magazine WirtschaftsWoche, spokespeople for BMW and Bosch said the companies had joined the lawsuits, announced by Deutsche Bahn in December.



US stock market wavers in early trading -  Prudential Jennison 20/20 Focus A(PTWAX) newsUS stock market wavers in early trading

In this Monday, June 10, 2013 photo, traders Joel Lucchese, left, and Brandon Barb confer on the floor of the New York Stock Exchange. Global stock markets endured sharp losses Thursday June 13, 2013 as gyrations on the Tokyo market, the Asian region's biggest, continued _ fueled by worries about a surging yen and monetary policies in the U.S. (AP Photo/Richard Drew)NEW YORK (AP) — A pair of better economic reports helped nudge the U.S. stock market up in early trading Thursday, even as global markets headed lower.



General strike shuts down services across Greece -  Prudential Jennison 20/20 Focus A(PTWAX) newsGeneral strike shuts down services across Greece

Members of pro-communist union PAME take part in an protest during a general strike in Athens, on Wednesday, Nov. 6, 2013. Services across Greece shut down Wednesday as unions held a 24-hour general strike to protest further austerity cuts in the cash-strapped country. (AP Photo/Petros Giannakouris)ATHENS, Greece (AP) — Services across Greece shut down Wednesday as unions staged a 24-hour general strike and held peaceful demonstrations to protest further austerity cuts in the cash-strapped country.



Unemployment rates fall in two-thirds of US states -  Prudential Jennison 20/20 Focus A(PTWAX) newsUnemployment rates fall in two-thirds of US states
Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
US stocks edge higher in afternoon trading -  Prudential Jennison 20/20 Focus A(PTWAX) newsUS stocks edge higher in afternoon trading

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks edged higher in early trading Thursday, May 22, 2014, extending gains from a day earlier. Investors cheered earnings news from several retailers, including Best Buy, Dollar Tree and L Brands. Sears fell sharply after reporting disappointing results. (AP Photo/Richard Drew, File)Stocks were on track to finish higher Thursday afternoon for the second day in a row as investors drew encouragement from reports on Chinese manufacturing, U.S. home sales and some positive earnings from Best Buy, Dollar Tree and other retailers.



US stocks edge higher in midday trading -  Prudential Jennison 20/20 Focus A(PTWAX) newsUS stocks edge higher in midday trading

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks edged higher in early trading Thursday, May 22, 2014, extending gains from a day earlier. Investors cheered earnings news from several retailers, including Best Buy, Dollar Tree and L Brands. Sears fell sharply after reporting disappointing results. (AP Photo/Richard Drew, File)Major stock indexes shifted higher in midday trading Thursday, getting a lift from an encouraging report on Chinese manufacturing and some positive earnings from Best Buy, Dollar Tree and other retailers. The market also got a boost from data showing modest improvement in sales of previously occupied homes.



US stocks are mixed in early trading -  Prudential Jennison 20/20 Focus A(PTWAX) newsUS stocks are mixed in early trading

FILE - This Aug. 9, 2011 photo shows a Wall Street street sign near the New York Stock Exchange, in New York. U.S. stocks are opening slightly higher Friday, Aug. 8, 2014 as investors weigh gains in productivity against worsening geopolitical concerns. (AP Photo/Mark Lennihan, File)NEW YORK (AP) — U.S. stocks are opening mixed as investors look over more earnings reports from big companies.



Qualcomm's mobile dominance shaken from loss of flagship phone -  Prudential Jennison 20/20 Focus A(PTWAX) newsQualcomm's mobile dominance shaken from loss of flagship phone

Qualcomm's mobile dominance shaken from loss of flagship phoneThe leading maker of mobile chips works to quell concerns about its business prospects and new high-end chip after it disclosed this week that a large customer dropped the chip from a major phone.>



Danger zone: Enterprise maintenance and support -  Prudential Jennison 20/20 Focus A(PTWAX) newsDanger zone: Enterprise maintenance and support

Danger zone: Enterprise maintenance and supportEnterprise software vendors want you to purchase expensive support contracts, but is that the right decision? Get the facts here.



4G in Brazil sees 400 percent growth in 2014 -  Prudential Jennison 20/20 Focus A(PTWAX) news4G in Brazil sees 400 percent growth in 2014

4G in Brazil sees 400 percent growth in 2014Some 6.76 million new customers signed up for the service last year, says research



5 ways APIs will be the workhorses of 2015 -  Prudential Jennison 20/20 Focus A(PTWAX) news5 ways APIs will be the workhorses of 2015

5 ways APIs will be the workhorses of 2015This year, companies will discover how APIs fit nicely into any scenario -- .from the Internet of Things to data analytics to integration.



IBM boss Ginni Rometty to pocket a $3.6 million performance bonus -  Prudential Jennison 20/20 Focus A(PTWAX) newsIBM boss Ginni Rometty to pocket a $3.6 million performance bonus

IBM boss Ginni Rometty to pocket a $3.6 million performance bonusIBM's revenues may have declined for 11 consecutive quarters and its stock price has fallen, but its CEO, Virginia Rometty, is taking a hefty addition to her already substantial paycheck



Pirate Bay back up after December police raid -  Prudential Jennison 20/20 Focus A(PTWAX) newsPirate Bay back up after December police raid

Pirate Bay back up after December police raidThe torrent site, used to download television shows, movies, games and other files, was shut down for seven weeks.>



Space out in these glow-in-the-dark galaxy undies -  Prudential Jennison 20/20 Focus A(PTWAX) newsSpace out in these glow-in-the-dark galaxy undies

Space out in these glow-in-the-dark galaxy undiesNo need for a telescope when wearing these solar system skivvies. We promise not to make a rude comet about your asteroid.>



Rachael Taylor of 'Grey's Anatomy' to raise hell as Hellcat in 'Jessica Jones' -  Prudential Jennison 20/20 Focus A(PTWAX) newsRachael Taylor of 'Grey's Anatomy' to raise hell as Hellcat in 'Jessica Jones'

Rachael Taylor of 'Grey's Anatomy' to raise hell as Hellcat in 'Jessica Jones'Actress Rachael Taylor takes on the role of Patricia "Trish" Walker, aka Hellcat, in the upcoming Marvel TV series premiering on Netflix.>



HTC One M7, M8 owners, you'll have to wait longer for Android 5.0 -  Prudential Jennison 20/20 Focus A(PTWAX) newsHTC One M7, M8 owners, you'll have to wait longer for Android 5.0

HTC One M7, M8 owners, you'll have to wait longer for Android 5.0HTC says several issues with the latest version of Android, dubbed Lollipop, will cause the company to miss its goal of an update within 90 days, the deadline for which falls on Sunday.>



Google's Nest loses two key execs, including Dropcam CEO -  Prudential Jennison 20/20 Focus A(PTWAX) newsGoogle's Nest loses two key execs, including Dropcam CEO

Google's Nest loses two key execs, including Dropcam CEODropcam co-founder Greg Duffy, and Yoky Matsuoka, Nest's vice president of technology, have left the company, according to The Verge.>



How social media wins the #SuperBowl -  Prudential Jennison 20/20 Focus A(PTWAX) newsHow social media wins the #SuperBowl

How social media wins the #SuperBowlAs social media's prowess continues to grow, advertisers are coming up with more ways to capitalize on your dedication to watching the big game.>



Top iOS news of the week: 74 million iPhones, smarter covers, new version of iOS -  Prudential Jennison 20/20 Focus A(PTWAX) newsTop iOS news of the week: 74 million iPhones, smarter covers, new version of iOS

Top iOS news of the week: 74 million iPhones, smarter covers, new version of iOSThe big news in iOS this week reported that Apple had a huge quarter selling iPhones, the Smart Cover may do more in the future, and the newly released version of iOS deals with a big issue.



Surprise! Dish Network emerges as major wireless player after FCC auction -  Prudential Jennison 20/20 Focus A(PTWAX) newsSurprise! Dish Network emerges as major wireless player after FCC auction

Surprise! Dish Network emerges as major wireless player after FCC auctionAT&T and Verizon are big winners in the record-breaking wireless auction, but it's Dish Network that walks away with an unexpectedly large swath of spectrum. What will it do with it?>



Top Android news of the week: Cyanogen, Office and Outlook, LibreOffice coming -  Prudential Jennison 20/20 Focus A(PTWAX) newsTop Android news of the week: Cyanogen, Office and Outlook, LibreOffice coming

Top Android news of the week: Cyanogen, Office and Outlook, LibreOffice comingBig news this week in Android: Cyanogen wants to take Android from Google, Microsoft rolled out Office and Outlook for Android, and LibreOffice to hit soon.



Insomniacs, now you can spray sleep right onto your skin -  Prudential Jennison 20/20 Focus A(PTWAX) newsInsomniacs, now you can spray sleep right onto your skin

Insomniacs, now you can spray sleep right onto your skinMist melatonin on yourself until you slowly drift off to dream of a world filled with spray-on love, money and power, too.>



​Five ways Vodafone fudged its global tax report -  Prudential Jennison 20/20 Focus A(PTWAX) news​Five ways Vodafone fudged its global tax report

​Five ways Vodafone fudged its global tax reportMobile giant Vodafone has delivered some real transparency in its latest global tax report. It's a shame it's so twisted and self-serving.



Microsoft gives business users more Windows 10 upgrade details, guidance -  Prudential Jennison 20/20 Focus A(PTWAX) newsMicrosoft gives business users more Windows 10 upgrade details, guidance

Microsoft gives business users more Windows 10 upgrade details, guidanceMicrosoft has shared a few more details about how businesses will be able to get Windows 10 and to keep their users current with feature and security fixes and updates.



Be warned: Google enlists Chrome in push for encrypted Web -  Prudential Jennison 20/20 Focus A(PTWAX) newsBe warned: Google enlists Chrome in push for encrypted Web

Be warned: Google enlists Chrome in push for encrypted WebGoogle has taken its first step to flag ordinary sites like Wikipedia and CNN with a security warning because they are unencrypted, allowing all data transmissions to be viewed by the prying eyes of hackers or governments.>



​Google Now and third party apps: One interesting dance -  Prudential Jennison 20/20 Focus A(PTWAX) news​Google Now and third party apps: One interesting dance

​Google Now and third party apps: One interesting danceFor some third party apps, a partnership with Google Now will be a mobile boon. Others won't be so lucky. Time will tell.



Amazon Echo update adds Pandora, iTunes, and Spotify voice control -  Prudential Jennison 20/20 Focus A(PTWAX) newsAmazon Echo update adds Pandora, iTunes, and Spotify voice control

Amazon Echo update adds Pandora, iTunes, and Spotify voice controlAlexa, Amazon's two-pound assistant in the room, now does more with music services, improves speed and accuracy.



Lust! Betrayal! First full trailer for 'Game of Thrones' Season 5 is now official -  Prudential Jennison 20/20 Focus A(PTWAX) newsLust! Betrayal! First full trailer for 'Game of Thrones' Season 5 is now official

Lust! Betrayal! First full trailer for 'Game of Thrones' Season 5 is now officialHBO has released the first full-length trailer for the next season of "Game of Thrones," promising, as Peter Dinklage might say, more stabby stabby, sexy sexy.>



For Silk Road founder, evidence keeps piling up -  Prudential Jennison 20/20 Focus A(PTWAX) newsFor Silk Road founder, evidence keeps piling up

For Silk Road founder, evidence keeps piling upIn the latest trial twist, millions of dollars in bitcoins were found flowing to the laptop of Ross Ulbricht.>



Google Now gets cards from Airbnb, Lyft, Pandora and more -  Prudential Jennison 20/20 Focus A(PTWAX) newsGoogle Now gets cards from Airbnb, Lyft, Pandora and more

Google Now gets cards from Airbnb, Lyft, Pandora and moreInformation and actions from the top Android apps will now show up in Google's personal assistant dashboard.>



The 404 Show 1,599: Sling TV verdict, Trivia Crack and that Kate Upton mobile game (podcast) -  Prudential Jennison 20/20 Focus A(PTWAX) newsThe 404 Show 1,599: Sling TV verdict, Trivia Crack and that Kate Upton mobile game (podcast)

The 404 Show 1,599: Sling TV verdict, Trivia Crack and that Kate Upton mobile game (podcast)Bridget Carey and Ariel Nunez help Jeff and Iyaz understand the fine print of a Sling TV subscription, why Trivia Crack is worse than hardcore narcotics and figure out what the deal is with that mobile game Kate Upton is all about.>



  

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