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

Wednesday October 1st 2014

  

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

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Wednesday October 1st 2014: Latest financial news from the world

Stock futures begin fourth quarter flat, data awaited -  Prudential Jennison 20/20 Focus A(PTWAX) newsStock futures begin fourth quarter flat, data awaited

Traders work on the floor of the New York Stock ExchangeBy Ryan Vlastelica NEW YORK (Reuters) - U.S. stock index futures were little changed on Wednesday as investors looked ahead to a number of economic reports that could set the tone for the fourth quarter on Wall Street. * Markets are coming off a positive third quarter with a seventh straight quarterly gain for both the S&P 500 and Nasdaq, but also a decline for major indexes in September. * The S&P has largely traded in a range for the past six weeks, finding resistance at its record close and support at its 50-day moving average. ...



Ackman's Pershing Square raises $3 billion in fund listing -  Prudential Jennison 20/20 Focus A(PTWAX) newsAckman's Pershing Square raises $3 billion in fund listing

Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks to audience in New YorkLONDON (Reuters) - Pershing Square Holdings, a fund managed by activist investor Bill Ackman, raised $3.07 billion ahead of a stock market listing in Amsterdam, the company said on Wednesday. The fund boosts the firepower of billionaire Ackman, famed for aggressive moves such as a $1 billion bet against U.S. nutrition firm Herbalife and a battle to broker a sale of Botox maker Allergan to Valeant Pharmaceuticals. The fund raised $2.73 billion through an initial public offering and said the exercise of an over-allotment option would see the value of the placing rise to more than $3 billion. ...



Special Report: In foreign hands, British automakers overtake France -  Prudential Jennison 20/20 Focus A(PTWAX) newsSpecial Report: In foreign hands, British automakers overtake France

File photo of Peugeot miniature model vintage cars lined-up at French carmaker PSA Peugeot Citroen headquarters in ParisBy Costas Pitas and Gilles Guillaume LONDON/PARIS (Reuters) - When Britain lost its last native car company 20 years ago, it was lamented across the political spectrum as a national catastrophe. "The sheer stupidity and immorality of this betrayal is too scandalous to be ignored," wrote a columnist in the conservative Times of London. The left-leaning Guardian bemoaned: "No one can conceive of Renault, Fiat or indeed BMW fattening themselves up after years of emaciation, ready for sell-off to a foreign rival. ...



Asian factories slow in September, push inflation ever lower -  Prudential Jennison 20/20 Focus A(PTWAX) newsAsian factories slow in September, push inflation ever lower

Workers look at machines moving newly made raw bricks at a factory in HuaibeiBy Wayne Cole SYDNEY (Reuters) - Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an outright decline in South Korea delivering a setback to hopes for a pick in world growth this year. The lackluster performance helped lift the U.S. dollar above 110.00 yen for the first time since mid-2008 while punishing commodity prices globally, a positive for consumers but also a force for disinflation. Indeed, subsiding price pressures was a feature of many of the manufacturing surveys out on Wednesday. ...



Adidas seeks to placate investors with share buyback -  Prudential Jennison 20/20 Focus A(PTWAX) newsAdidas seeks to placate investors with share buyback

File photo of Adidas soccer shoes before company's news conference in HerzogenaurachBy Emma Thomasson PARIS (Reuters) - German sportswear maker Adidas, facing investor discontent after a series of profit warnings, plans to return as much as 1.5 billion euros ($1.9 billion) to shareholders over the next three years. The shareholder return program would be financed mainly from the group's free cash flow, with buybacks to start in the current quarter and be completed by the end of 2017, Adidas said in a statement on Wednesday. The buybacks would not come at the expense of a planned hike in investment in marketing, an Adidas spokesman added. ...



SocGen says 'nothing to expect' soon on U.S. sanctions probe -  Prudential Jennison 20/20 Focus A(PTWAX) newsSocGen says 'nothing to expect' soon on U.S. sanctions probe

French bank Societe Generale logo is seen on the facade of a building in ParisPARIS (Reuters) - Societe Generale said it plans to finish an internal investigation into dollar transfers made on behalf of entities based in countries subject to U.S. sanctions, linked to talks with the U.S. Office of Foreign Assets Control, by the end of next year. "No news is good news," SocGen Chief Executive Frederic Oudea told an investor conference in London on Wednesday when asked for an update on outstanding litigation issues in the United States. ...



JPMorgan to face U.S. class action in $10 billion MBS case -  Prudential Jennison 20/20 Focus A(PTWAX) newsJPMorgan to face U.S. class action in $10 billion MBS case

JP Morgan Chase & Co sign outside headquarters in New YorkBy Jonathan Stempel NEW YORK (Reuters) - A federal judge on Tuesday said JPMorgan Chase & Co must face a class action lawsuit by investors who claimed the largest U.S. bank misled them about the safety of $10 billion of mortgage-backed securities it sold before the financial crisis. U.S. District Judge Paul Oetken in Manhattan certified a class action as to JPMorgan's liability but not as to damages, saying it was unclear how investors could value the certificates they bought, given how the market was "not particularly liquid. ...



U.S. orders airlines to replace cockpit displays on 1,300 Boeing airplanes -  Prudential Jennison 20/20 Focus A(PTWAX) newsU.S. orders airlines to replace cockpit displays on 1,300 Boeing airplanes

The Boeing logo is seen at their headquarters in Chicago(Reuters) - The U.S. Federal Aviation Administration is requiring airlines to replace cockpit displays on more than 1,300 Boeing Co airplanes to avoid interference from Wi-Fi and cellular devices. Airlines will need to replace certain cockpit display units made by Honeywell International Inc used on Boeing's 737 and 777 jets within five years, according to an FAA document. (http://bit.ly/1qTpOYb) The FAA said the display units were susceptible to interference from Wi-Fi frequencies. ...



Commerzbank to cut 60-70 fixed income, currency jobs: sources -  Prudential Jennison 20/20 Focus A(PTWAX) newsCommerzbank to cut 60-70 fixed income, currency jobs: sources

The headquarters of the Commerzbank AG is pictured before the bank's annual news conference in FrankfurtFRANKFURT (Reuters) - Germany's second biggest lender Commerzbank is cutting 60 to 70 jobs in its fixed income and currencies (FIC) division in Frankfurt as it adjusts to declining demand, several sources familiar with the matter said on Wednesday. Commerzbank is offering severance packages and is aiming to carry out redundancies through voluntary layoffs, the lender said. "Fixed Income and Currencies remain an integral part of our investment banking operations. Our offering to our clients remains unchanged," a Commerzbank spokeswoman said. ...



If analysts don't ask questions, expect stock declines: study -  Prudential Jennison 20/20 Focus A(PTWAX) newsIf analysts don't ask questions, expect stock declines: study

Traders work on the floor of the New York Stock ExchangeBy Yasmeen Abutaleb NEW YORK (Reuters) - Earnings conference calls that inspire little more than silence are not a great sign for the company's shares in the days that follow, according to a study released on Wednesday. Researchers from the University of Texas at Austin found that when executives did not receive questions or significant feedback on earnings calls, the company could expect to see its market capitalization fall between $4.3 million and $6.1 million in the next five days. ...



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 edge lower in early trading -  Prudential Jennison 20/20 Focus A(PTWAX) newsUS stocks edge lower in early trading

FILE - In this Wednesday, Oct. 30, 2013, file photo, specialist Frank Masiello works at his post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)NEW YORK (AP) — Stocks are edging lower in early trading after indexed closed last week at record highs.



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

FILE - This July 15, 2013 file photo shows a sign for Wall Street outside the New York Stock Exchange, in New York. European and Asian stock markets were subdued Friday, Aug. 29, 2014, after data showed Japan's economy is struggling to recover from a sales tax hike and that inflation in the eurozone slipped again, a sign the recovery remains weak. (AP Photo/Mark Lennihan, File)The U.S. stock market is opening slightly higher as a series of reports on the U.S. economy rolls out.



Pressure is on: eBay needs to deliver after PayPal's spin-off -  Prudential Jennison 20/20 Focus A(PTWAX) newsPressure is on: eBay needs to deliver after PayPal's spin-off

Computer mouse with cable forming Shopping basketThe split is a logical progression for PayPal, but eBay needs to show that it's also a smart decision for its core e-commerce business as Amazon lures away sellers.>



Tomorrow Daily 060: Windows 10, Netflix versus movie theaters, a neural activity hat, and more -  Prudential Jennison 20/20 Focus A(PTWAX) newsTomorrow Daily 060: Windows 10, Netflix versus movie theaters, a neural activity hat, and more

Tomorrow Daily 060: Windows 10, Netflix versus movie theaters, a neural activity hat, and moreOn today's show, we dive into Windows 10 and some of its new features, get excited about Netflix's plan to release an upcoming film the same day it hits theaters, and check out a weird 3D-printed hat that changes color based on your brain activity.>



Delightful 'Thunderbirds' documentary goes behind the strings -  Prudential Jennison 20/20 Focus A(PTWAX) newsDelightful 'Thunderbirds' documentary goes behind the strings

Mary Turner and Judith Shutt get reacquainted with Thunderbird Gordon Tracy and Captain Scarlet.Stand by for action! The new documentary "Filmed in Supermarionation" goes behind the strings of Gerry Anderson's puppet shows "Thunderbirds", "Captain Scarlet" and "Stingray".>



Will Samsung contribute to the revitalization of north end of Las Vegas Strip? -  Prudential Jennison 20/20 Focus A(PTWAX) newsWill Samsung contribute to the revitalization of north end of Las Vegas Strip?

Will Samsung contribute to the revitalization of north end of Las Vegas Strip?With the reputation that Las Vegas has, visitors are understandably eager to be at the center of the action.   Once upon a time, not so long ago, the Sahara Hotel was that place. However, …



Spending on mergers, acquisitions approaches year 2000's boom levels -  Prudential Jennison 20/20 Focus A(PTWAX) newsSpending on mergers, acquisitions approaches year 2000's boom levels

Spending on mergers, acquisitions approaches year 2000's boom levelsA record third quarter sees 2014 on track to hit almost $500 billion in M&A spending, says a research firm, not far from 2000's nearly $600 billion.>



Fascinating gif visualises the patterns of flight -  Prudential Jennison 20/20 Focus A(PTWAX) newsFascinating gif visualises the patterns of flight

Eleanor LutzA beautiful gif deconstructs the wing motions of a bat, a goose, a moth, a dragonfly and a hummingbird to reveal the looping patterns therein.>



VC Ron Conway's 'One City' enlists techies, celebs to help schools -  Prudential Jennison 20/20 Focus A(PTWAX) newsVC Ron Conway's 'One City' enlists techies, celebs to help schools

VC Ron Conway's 'One City' enlists techies, celebs to help schoolsA spoof video about an overhyped tech product called "MyBook" aims to get tech companies to donate books and resources to San Francisco public schools.>



Comcast beefs up X1 cloud-based cable in San Francisco -  Prudential Jennison 20/20 Focus A(PTWAX) newsComcast beefs up X1 cloud-based cable in San Francisco

X1 is Comcast's cable TV software that moves the brains of cable TV into the cloud rather than being locked in a set-top box in the living roomComcast adds two features for customers in the country's tech hub: streaming of live TV to mobile devices in the home and the ability to download anything recorded to its DVR onto a gadget.>



Psychic Uri Geller says he can bend iPhones with his mind -  Prudential Jennison 20/20 Focus A(PTWAX) newsPsychic Uri Geller says he can bend iPhones with his mind

Did Uri Geller really cause this iPhone to bend?The famed Israel psychic has a theory on why some iPhones bend, and he's out to prove it. Hint: it doesn't involve the phones' grade of aluminum.>



Apple's Shellshock patch for Macs is incomplete, says security researcher -  Prudential Jennison 20/20 Focus A(PTWAX) newsApple's Shellshock patch for Macs is incomplete, says security researcher

Apple's Shellshock patch for Macs is incomplete, says security researcherApple just released a patch for Shellshock, a bug that could give hackers access to Macintosh computers, but a security specialist says Apple fixed only two out of three security holes.>



Slim smartphone zoom is one step closer -  Prudential Jennison 20/20 Focus A(PTWAX) newsSlim smartphone zoom is one step closer

Oppo's Find 7 comes with a 13-megapixel camera and features a Super Zoom function -- it takes 10 burst shots and combines the best four into a "super" 50-megapixel picture. This gives you more detail in your picture, but it does take a while for the phone to do the processing.New technology from DynaOptics promises to deliver optical zoom to smartphones without the need for a protruding lens element.>



Assassin's Creed Identity offers first RPG experience for iOS -  Prudential Jennison 20/20 Focus A(PTWAX) newsAssassin's Creed Identity offers first RPG experience for iOS

UbisoftUbisoft has launched a new Assassin's Creed for iOS, touting it as the first in which users can create, develop and customise their (exclusively male) assassins.>



If you were to design an oven for Russia, would you go Retro? Samsung did -  Prudential Jennison 20/20 Focus A(PTWAX) newsIf you were to design an oven for Russia, would you go Retro? Samsung did

If you were to design an oven for Russia, would you go Retro? Samsung did‘Retro’ ‘Oven’ and ‘Russia’ might seem like a random combination of words, but it won’t for long!   The ‘Retro’ style of oven is extremely popular in Russia, and holds 22 percent of the entire …



Key Internet of Things players promote Thread protocol at Google campus -  Prudential Jennison 20/20 Focus A(PTWAX) newsKey Internet of Things players promote Thread protocol at Google campus

Chris Boross, president of Thread Group and project manager at Nest Labs, during the Thread keynote.Google's Nest Labs, Samsung, Big Ass Fans, and others came together to tout the burgeoning Thread standard that allows smart home devices to communicate with one another.>



Give up firstborn for free Wi-Fi? Some click 'I agree' -  Prudential Jennison 20/20 Focus A(PTWAX) newsGive up firstborn for free Wi-Fi? Some click 'I agree'

Jared Kohler/CNETAn Internet security experiment reveals just how careless people can be about their use of public Wi-Fi hotspots.>



Reddit gets $50 million in funding, will share bounty with community -  Prudential Jennison 20/20 Focus A(PTWAX) newsReddit gets $50 million in funding, will share bounty with community

Reddit gets $50 million in funding, will share bounty with communityIn true Reddit fashion, the social news site says it will share 10 percent of equity from the Series B funding round with its community members.>



With new commissioner, Google faces tough times in Europe -  Prudential Jennison 20/20 Focus A(PTWAX) newsWith new commissioner, Google faces tough times in Europe

European Commissioner Günther Oettinger addresses members of the European Parliament.Günther Oettinger took credit for derailing a settlement between European regulators and Google. Now, he's the incoming leader for digital issues.>



Mystery island on Saturn's moon Titan reappears with a new look -  Prudential Jennison 20/20 Focus A(PTWAX) newsMystery island on Saturn's moon Titan reappears with a new look

PicasaA "magic island" on Saturn's intriguing moon Titan has once again popped up on Cassini's radar, but it seems to have changed its look since the last time it was spotted.>



10 Words You Must NEVER Use to Describe Yourself -  Prudential Jennison 20/20 Focus A(PTWAX) news10 Words You Must NEVER Use to Describe Yourself

10 Words You Must NEVER Use to Describe YourselfWho am I to tell you how you can describe yourself? Nobody. So ignore me at your leisure.On the other hand, I can tell you for free that the words you use in your résumé, your LinkedIn profile, your Twitter bio, your cover letter, and in spoken language, create a response in the reader, which can condemn you faster than the blink of an...



Cuddle curious? Free app makes it easy to score hugs -  Prudential Jennison 20/20 Focus A(PTWAX) newsCuddle curious? Free app makes it easy to score hugs

Snuggle up with a stranger thanks to a new app.Download Cuddlr to find people near you who are up for a no-pressure cuddle. Well, hopefully it will be no pressure.>



Windows 10 aims to blend best of 7 and 8 -  Prudential Jennison 20/20 Focus A(PTWAX) newsWindows 10 aims to blend best of 7 and 8

Windows 10 aims to blend best of 7 and 8Skipping over Windows 9, Microsoft will combine elements of Windows 7 and 8 into the next operating system. In the world of smartwatches, Pebble drops prices, Basis beefs up its fitness watch and Pavlok shocks you into going to the gym.>



Chrome bug hunters, Google's giving you a raise -  Prudential Jennison 20/20 Focus A(PTWAX) newsChrome bug hunters, Google's giving you a raise

Chrome bug hunters, Google's giving you a raiseGoogle increases the top range of rewards to security researchers who find holes in its browser, and clarifies how the bug payment breakdown works.>



Step out of your Comfort Zone -  Prudential Jennison 20/20 Focus A(PTWAX) newsStep out of your Comfort Zone

Step out of your Comfort ZoneAs you head into a new year, step out of your comfort zone... starting NOW. Commit TODAY to doing something in this respect, brands and individuals alike.Why? Because the challenge of operating in an uncomfortable zone keeps you growing and moving forward in ways far greater than what you can do sitting inside your comfort zone. Life is way...



Labor Board Threatens an American Tradition -  Prudential Jennison 20/20 Focus A(PTWAX) newsLabor Board Threatens an American Tradition
By Bernie MarcusMr. Marcus is co-founder and former CEO of The Home Depot and founder of the Job Creators Network, a business advocacy organization.Here's a quiz: Who owns the McDonald's where you stopped for your breakfast sandwich this morning?The answer may surprise you. In all likelihood, it's not owned by the big corporate entity with its...
The 404 Throwback Ep. 363: Where we autotune Brian Tong to death (podcast) -  Prudential Jennison 20/20 Focus A(PTWAX) newsThe 404 Throwback Ep. 363: Where we autotune Brian Tong to death (podcast)

The 404 Throwback Ep. 363: Where we autotune Brian Tong to death (podcast)CNET's host of The Apple Byte joins the 404 crew in NY for this throwback classic. (Original air date: 6/16/09)>



Climate Protection: A Portfolio of Good Sense and Cents for Our Planet -  Prudential Jennison 20/20 Focus A(PTWAX) newsClimate Protection: A Portfolio of Good Sense and Cents for Our Planet
It's becoming increasingly more difficult to stomach resistance to changing our energy production purely on the argument that a low carbon climate is the Grim Reaper of our economy. Ignoring sound studies to the contrary is indefensible -- whether it be from faulty right wing opposition or climate deniers' irrational fears. Maybe you're...
Monster portraits so tasty you could eat them -  Prudential Jennison 20/20 Focus A(PTWAX) newsMonster portraits so tasty you could eat them

Monster portraits so tasty you could eat themTo celebrate Halloween, Detroit Free Press writer Eric Millikin is making incredibly detailed portraits of monsters out of, what else? Something very sweet.>



  

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