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

Monday April 27th 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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Monday April 27th 2015: Latest financial news from the world

Asian shares edge off 7-year highs as Fed awaited -  Prudential Jennison 20/20 Focus A(PTWAX) newsAsian shares edge off 7-year highs as Fed awaited

Pedestrians walk past an electronic board showing the stock market indices of various countries outside a brokerage in TokyoBy Lisa Twaronite TOKYO (Reuters) - Asian stocks pulled back from a seven-year peak scaled on Tuesday as sentiment gave way to caution ahead of the Federal Reserve's policy two-day meeting scheduled to start later in the session. MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.3 percent after earlier touching its highest level since January 2008. Japan's Nikkei stock index advanced 0.3 percent as on hopes of better shareholder returns after index heavyweight Fanuc Corp doubled its dividend payout ratio. On Monday, Wall Street ended lower after the benchmark S&P 500 index hit a record intraday high before reversing course, tempered by caution ahead the Fed meeting.



China iPhone sales boosts Apple; shares up modestly -  Prudential Jennison 20/20 Focus A(PTWAX) newsChina iPhone sales boosts Apple; shares up modestly

A woman holds up the iPhone 6 Plus at the Apple Store in Tokyo(Reuters) - Apple Inc beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch. Apple's iPhone sales in China soared, increasing its revenue in the country 71 percent to $16.8 billion, although that was helped by gift-buying for Chinese New Year. Chief Executive Tim Cook said that China's expanding middle class is fueling iPhone sales there, which is the bulk of the company's sales.



Exclusive: Time Warner Cable open to merger talks with Charter - sources -  Prudential Jennison 20/20 Focus A(PTWAX) newsExclusive: Time Warner Cable open to merger talks with Charter - sources

Pedestrians walk past a Time Warner Cable customer service center in New YorkTime Warner Cable Inc is open to merger discussions with Charter Communications Inc following a failed $45 billion bid by Comcast Corp , according to people familiar with the matter. Friendly negotiations between the two companies would be in sharp contrast to their acrimonious exchanges in 2013 and early 2014 that ended with Time Warner Cable rejecting unsolicited approaches by Charter and instead finding a white knight in Comcast. While Charter has yet to make a formal offer, Time Warner Cable believes its smaller peer may be willing to make a bid that is more attractive compared with its takeover attempt two years ago, the people said. Time Warner Cable also views Charter's stock as a more valuable currency than it did last year given its stock performance since then, the people said.



Petrobras writedown may give new ammunition to class-action suit -  Prudential Jennison 20/20 Focus A(PTWAX) newsPetrobras writedown may give new ammunition to class-action suit

The Petrobras logo is reflected in the window of the company's headquarters in Sao PauloBrazilian oil company Petrobras' $17 billion write-down, announced last week, may have been meant to close the accounting on a sprawling corruption scandal, but could instead provide fresh ammunition for a U.S. class action lawsuit. The case, filed in Manhattan federal court in December by a group of large investors, alleges $98 billion of the company's American depository shares, or ADRs, and bonds were artificially inflated since 2010 by the company overstating the value of assets such as major projects. Petrobras has moved to have the case dismissed. The plaintiffs say Petrobras improperly inflated the project costs to fatten profits of suppliers and contractors, who in turn kicked cash back to Petrobras employees.



Mylan says Teva offer too low; criticizes stock, growth prospects -  Prudential Jennison 20/20 Focus A(PTWAX) newsMylan says Teva offer too low; criticizes stock, growth prospects

Teva plant is seen in JerusalemMylan NV rejected Teva Pharmaceutical Industries Ltd's $40 billion takeover offer on Monday, saying in a scathing letter that it grossly undervalued the company and that Mylan has no interest in payment in what it termed "high-risk" Teva stock. Teva, the world's biggest maker of generic drugs, quickly responded to Mylan's refusal with word that it was "fully committed" and would move forward with the $82 per share cash and stock offer. Teva said it had begun the regulatory approval process and that it expects to complete a deal by the end of 2015. The company will meet with Mylan shareholders this week, according to sources familiar with the situation.



French IT firm Cap Gemini to buy U.S. rival IGATE for $4 billion -  Prudential Jennison 20/20 Focus A(PTWAX) newsFrench IT firm Cap Gemini to buy U.S. rival IGATE for $4 billion

A view shows the Indian headquarters of iGate in the southern Indian city of BangaloreBy Emelia Sithole-Matarise and Cyril Altmeyer PARIS (Reuters) - Cap Gemini SA , a French information technology services company, said it will buy U.S.-based rival IGATE Corp for $4 billion in a deal that would make North America into its biggest market and hand IGATE's founders a $1 billion windfall. Cap Gemini also raised its 2015 sales forecast on Monday in a statement that was pushed up to coincide with the announcement of the deal. IGATE, which has strength in the financial services sector, has grown quickly since its 1996 stock market listing. Cap Gemini said IGATE has been recording double-digit growth and a 19 percent operating margin.



Microsoft phones infringe patents: U.S. International Trade Commission judge -  Prudential Jennison 20/20 Focus A(PTWAX) newsMicrosoft phones infringe patents: U.S. International Trade Commission judge

Photo illustration shows a man silhouetted against a video screen with the Microsoft logo in the background as he poses with a Nokia Lumia 820 smartphone in ZenicaBy Andrew Chung NEW YORK (Reuters) - Microsoft Corp lost a round in a potentially costly patent battle when a U.S. International Trade Commission judge on Monday found that the software giant used InterDigital Inc's technology in its mobile phones without permission. The judge, Theodore Essex, said that Microsoft infringed two wireless cellular patents owned by InterDigital , a patent licensor, and said it would not be against the public interest to ban the Microsoft devices from being imported into the United States. Wilmington, Delaware-based InterDigital first accused Nokia Corp of infringing its patents in 2007.



Exclusive: Deutsche's radical revamp foiled by ECB stress test -  Prudential Jennison 20/20 Focus A(PTWAX) newsExclusive: Deutsche's radical revamp foiled by ECB stress test

Jain and Fitschen, co-CEOs of Deutsche Bank, speak at a news conference in FrankfurtDeutsche Bank, Germany's biggest lender, has spent much of this year looking at ways of reconfiguring its business to boost returns and had narrowed the choice to two possible models. The bank's co-chief executives, Anshu Jain and Juergen Fitschen, originally favored shedding its entire retail business and becoming Europe's answer to Goldman Sachs , sources familiar with internal discussions told Reuters. The bank instead chose a less ambitious solution, selling only its Postbank retail arm, cutting investment bank assets and investing more in equities trading and wealth management.



Tokyo Electron shares sink after takeover by Applied Materials scrapped -  Prudential Jennison 20/20 Focus A(PTWAX) newsTokyo Electron shares sink after takeover by Applied Materials scrapped

Tokyo Electron Ltd Chairman and President Higashi and Applied Materials Inc CEO Dickerson during attend their joint news conference in TokyoTokyo Electron Ltd shares plunged 15 percent on Tuesday to a six-month low after U.S. regulatory opposition forced the scrapping of its planned takeover by U.S.-based Applied Materials Inc . The all-share purchase - a rare foreign bid for a Japanese firm - would have combined the No.1 and No. 3 makers of the equipment that makes semiconductor chips into a group with a stock market value of more than $38.5 billion. Tokyo Electron shares fell as much as 14.8 percent in early trade to 6,555 yen, hitting their lowest level since late October, while the broader Tokyo market was up 0.6 percent. The slide came despite Tokyo Electron announcing it plans to buy as much as 120 billion yen ($1 billion) worth of shares, or 8.59 percent of its outstanding stock.



DuPont open to last-minute settlement talks with activist: sources -  Prudential Jennison 20/20 Focus A(PTWAX) newsDuPont open to last-minute settlement talks with activist: sources

A view of the Dupont logo on a sign at the Dupont Chestnut Run Plaza facility near Wilmington, DelawareDuPont's board is open to a negotiated settlement with activist Trian Fund Management in the run-up to the company's annual shareholder meeting in May, sources close to the matter said on Monday. Despite the stalemate between the chemical conglomerate and the New York-based fund, DuPont's "doors are not barred for something reasonable," one of the sources said. On Monday, U.S. proxy advisory firm ISS recommended that DuPont shareholders vote in favor of Trian co-founder Nelson Peltz joining the company's board, a shot in the arm for the activist investor ahead of voting on May 13. Trian, DuPont's fifth-largest shareholder with a 2.7 percent stake, has argued that DuPont should split its businesses to unlock greater value for shareholders.



Bodyprint could let you unlock your phone with your ear print -  Prudential Jennison 20/20 Focus A(PTWAX) newsBodyprint could let you unlock your phone with your ear print

Bodyprint could let you unlock your phone with your ear printAn experimental system uses a smartphone's capacitive screen as a low-res sensor keyed to the user's body prints.



How Apple's wrist taps could be a game changer -  Prudential Jennison 20/20 Focus A(PTWAX) newsHow Apple's wrist taps could be a game changer

How Apple's wrist taps could be a game changerCan Apple's new smartwatch throw the stakes in your favor? Will we reach a point where, like some instances with phones, you have to leave your watch at the door?



Cabcharge to deliver payment software to Secure Parking -  Prudential Jennison 20/20 Focus A(PTWAX) newsCabcharge to deliver payment software to Secure Parking

Cabcharge to deliver payment software to Secure ParkingFor the first time, Cabcharge will be rolling out its electronic payments software outside of the transport payments industry as part of a new agreement with Secure Parking.



Graphene produces a working 3D holographic display -  Prudential Jennison 20/20 Focus A(PTWAX) newsGraphene produces a working 3D holographic display

Graphene produces a working 3D holographic displayA wide viewing angle, full-colour, holographic 3D display has been built using graphene-based materials.



The promise and pain of gaming in India -  Prudential Jennison 20/20 Focus A(PTWAX) newsThe promise and pain of gaming in India

The promise and pain of gaming in IndiaThe world's majors have rushed to the country and startups are mushrooming, but India needs to see a radical revamp of its infrastructure if gaming companies hope to match their stellar experiences in neighbouring China.



​University of Queensland taps big data tech -  Prudential Jennison 20/20 Focus A(PTWAX) news​University of Queensland taps big data tech

​University of Queensland taps big data techThe University of Queensland has inked a multimillion-dollar deal for the development of a supercomputer designed to handle the big data behind complex research projects.



8 Mobile Marketing Tips You Don't Want To Miss -  Prudential Jennison 20/20 Focus A(PTWAX) news8 Mobile Marketing Tips You Don't Want To Miss

8 Mobile Marketing Tips You Don't Want To MissIf you look around, you will see that virtually everyone carries a smartphone. Yes, even kids have their own devices. In fact, there are nearly 3.5 billion unique mobile users. By the end of 2015, there will be 4.9 billion connected devices. Wow!Because the rise of mobile usage has skyrocketed, the culture of communication has changed, and...



Audi makes eco-friendly diesel from carbon dioxide and water -  Prudential Jennison 20/20 Focus A(PTWAX) newsAudi makes eco-friendly diesel from carbon dioxide and water

Audi makes eco-friendly diesel from carbon dioxide and water



​India's Flipkart hooks up with Dabbawalas for last-mile delivery -  Prudential Jennison 20/20 Focus A(PTWAX) news​India's Flipkart hooks up with Dabbawalas for last-mile delivery

​India's Flipkart hooks up with Dabbawalas for last-mile deliveryDabbawalas have been feeding Mumbai's population for decades. Now, they will deliver their packages.



Roche Diagnostics & SAP Team to Fight Diabetes -  Prudential Jennison 20/20 Focus A(PTWAX) newsRoche Diagnostics & SAP Team to Fight Diabetes

Roche Diagnostics & SAP Team to Fight DiabetesHealthcare technology is changing our world thanks to innovative pioneers like Roche Diagnostics. With connected care, the quality and results of medical treatments are drastically improving, especially for preventable lifestyle diseases like type 2 diabetes.



Postr marches into the mobile lock-screen wars -  Prudential Jennison 20/20 Focus A(PTWAX) newsPostr marches into the mobile lock-screen wars

Postr marches into the mobile lock-screen warsPostr is banking on superior user experience design to succeed where others have fallen: paying users to view ads on their Android devices.



Daily Roundup: Hackers read President's email, eSports injuries and more! -  Prudential Jennison 20/20 Focus A(PTWAX) newsDaily Roundup: Hackers read President's email, eSports injuries and more!

Daily Roundup: Hackers read President's email, eSports injuries and more!



'Avengers' superfan sits pretty in a HulkBuster highchair -  Prudential Jennison 20/20 Focus A(PTWAX) news'Avengers' superfan sits pretty in a HulkBuster highchair

'Avengers' superfan sits pretty in a HulkBuster highchairNothing will make a baby feel all-powerful more than this handcrafted HulkBuster highchair. The latest "Super-Fan Builds" give a little girl a suit that would impressive even Tony Stark.



Comic creator gets awesome augmented-reality tattoo -  Prudential Jennison 20/20 Focus A(PTWAX) newsComic creator gets awesome augmented-reality tattoo

Comic creator gets awesome augmented-reality tattooSutu, the creator of "Modern Polaxis," has tattooed an image from his augmented reality comic book on his arm -- the full effect of which can only be seen through augmented reality, naturally.



​Westpac's tap and pay snubs non-Samsung smartphones -  Prudential Jennison 20/20 Focus A(PTWAX) news​Westpac's tap and pay snubs non-Samsung smartphones

​Westpac's tap and pay snubs non-Samsung smartphonesWestpac continues to extend its tap-and-pay functionality to the Samsung range while it works on using host card emulation technology to enable the function for other Android handsets.



Footage emerges of Nepal quake, Everest avalanche -  Prudential Jennison 20/20 Focus A(PTWAX) newsFootage emerges of Nepal quake, Everest avalanche

Footage emerges of Nepal quake, Everest avalancheVideo of the devastation wrought by a major earthquake on Kathmandu and resulting avalanche at Mount Everest base camp have begun to trickle on to YouTube.



DARPA's steerable bullet proves it can hit moving targets -  Prudential Jennison 20/20 Focus A(PTWAX) newsDARPA's steerable bullet proves it can hit moving targets

DARPA's steerable bullet proves it can hit moving targets



Wearables wilt Australian tablet sales: Telsyte -  Prudential Jennison 20/20 Focus A(PTWAX) newsWearables wilt Australian tablet sales: Telsyte

Wearables wilt Australian tablet sales: TelsyteAn increased interest in wearable devices, along with the release of the iPhone 6 and market saturation, hit tablet sales in Australia during 2014, according to a new study by Telsyte.



Konami cancels 'Silent Hills,' bums us out permanently (Tomorrow Daily 168) -  Prudential Jennison 20/20 Focus A(PTWAX) newsKonami cancels 'Silent Hills,' bums us out permanently (Tomorrow Daily 168)

Konami cancels 'Silent Hills,' bums us out permanently (Tomorrow Daily 168)On today's show, Khail and Ashley speculate about what's going on at Konami, watch paper transform into an interactive medium, and watch tiny robots pull more than 100 times their own weight.



China passes US to become Apple's biggest iPhone market -  Prudential Jennison 20/20 Focus A(PTWAX) newsChina passes US to become Apple's biggest iPhone market

China passes US to become Apple's biggest iPhone marketStrong sales in the region during the Chinese New Year holiday pushed Apple to report higher smartphone sales than Wall Street anticipated.



Horror sequel 'Five Nights at Freddy's 4' is happening on Halloween -  Prudential Jennison 20/20 Focus A(PTWAX) newsHorror sequel 'Five Nights at Freddy's 4' is happening on Halloween

Horror sequel 'Five Nights at Freddy's 4' is happening on Halloween



Best Buy to accept Apple Pay for purchases -  Prudential Jennison 20/20 Focus A(PTWAX) newsBest Buy to accept Apple Pay for purchases

Best Buy to accept Apple Pay for purchasesRetailer's customers can use the mobile-payments system to complete transactions on its app, with in-store capability coming later this year.



Valve removes option to sell paid 'Skyrim' mods -  Prudential Jennison 20/20 Focus A(PTWAX) newsValve removes option to sell paid 'Skyrim' mods
After a few days of hearing complaints on the internet, Valve is removing the payment feature from the Skyrim Workshop on Steam. The PC gaming juggernaut explains that it underestimated the differences ...
LG's posh Watch Urbane arrives at Google's store for $349 -  Prudential Jennison 20/20 Focus A(PTWAX) newsLG's posh Watch Urbane arrives at Google's store for $349

LG's posh Watch Urbane arrives at Google's store for $349



'Halo' tournament canceled because Xbox One game is still broken -  Prudential Jennison 20/20 Focus A(PTWAX) news'Halo' tournament canceled because Xbox One game is still broken
Halo: Combat Evolved may have been one of the first console shooters to hit the competitive gaming circuit but a recent tournament was derailed because almost six months later, The Master Chief Collection ...
Apple Still Mum on Watch Sales Numbers -  Prudential Jennison 20/20 Focus A(PTWAX) newsApple Still Mum on Watch Sales Numbers
During Apple’s earnings call on Monday, CEO Tim Cook faced several questions about the Apple Watch, but did not reveal early sales numbers, reiterating several times that “demand is greater than supply.”
Orion Health rebounds, but US market still tough -  Prudential Jennison 20/20 Focus A(PTWAX) newsOrion Health rebounds, but US market still tough

Orion Health rebounds, but US market still toughOrion Health eked out 7 percent growth for the year ended March 31 in the middle of its shift to SaaS.



Apple boosts capital return program to $200 billion -  Prudential Jennison 20/20 Focus A(PTWAX) newsApple boosts capital return program to $200 billion

Apple boosts capital return program to $200 billionThe company gives shareholders even more to be happy about with a dividend increase and new funds to buy back shares.



Strong iPhone demand pushes Apple's sales -- again -  Prudential Jennison 20/20 Focus A(PTWAX) newsStrong iPhone demand pushes Apple's sales -- again

Strong iPhone demand pushes Apple's sales -- againRevenue in China helps boost the company to a record second quarter, but the iPad remains a weak spot for Apple.



Humans act out the best cat videos, courtesy of VW -  Prudential Jennison 20/20 Focus A(PTWAX) newsHumans act out the best cat videos, courtesy of VW

Humans act out the best cat videos, courtesy of VWTechnically Incorrect: A new VW ad offers humans a taste of what it would be like if they were viral heroes. Well, you have to sell cars somehow.



  

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