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

Tuesday May 24th 2016

  

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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Latest business news

Tuesday May 24th 2016: Latest financial news from the world

Bayer defies critics with $62 billion Monsanto offer -  Prudential Jennison 20/20 Focus A(PTWAX) newsBayer defies critics with $62 billion Monsanto offer

The corporate logo of Bayer is seen at the headquarters building in CaracasBy Ludwig Burger and Georgina Prodhan FRANKFURT (Reuters) - German drugs and crop chemicals group Bayer AG has offered to buy U.S. seeds company Monsanto for $62 billion in cash, defying some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm supplies industry. Monsanto Co's stock ended trading up 4.4 percent at $106 on the New York Stock Exchange on Monday, well below Bayer's $122 per share cash offer price, in a sign that it faces a tough task convincing the St. Louis-based company to sign off on the deal. Monsanto has said it would review the proposal.



Fed's Bullard: rates too low for too long could be risky -  Prudential Jennison 20/20 Focus A(PTWAX) newsFed's Bullard: rates too low for too long could be risky

St. Louis Fed President James Bullard speaks about the U.S. economy during an interview in New YorkU.S. interest rates being kept too low for too long could cause financial instability in future and stronger market expectations for a rate rise are "probably good", St. Louis Federal Reserve President James Bullard said on Monday. A relatively tight labor market in the United States may also exert upward pressure on inflation, raising the case for higher interest rates, Bullard added. "I do worry that keeping rates too low for too long could feed into future financial instability even if it doesn't look like we're in that situation today," Bullard, a voting member of the Fed's policy-setting committee, told reporters.



Asian stocks near 11-week lows, dollar bounces on Fed rate view -  Prudential Jennison 20/20 Focus A(PTWAX) newsAsian stocks near 11-week lows, dollar bounces on Fed rate view

A man walks past a display of the Nikkei average and other market indices outside a brokerage in TokyoBy Saikat Chatterjee HONG KONG (Reuters) - Asian shares stumbled to near 2-1/2-month lows on Tuesday and the U.S. dollar pared some of its recent losses as investors worried about the likelihood of a U.S. interest rate increase in coming weeks. MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.5 percent, taking its losses to more than 7 percent so far this month and nearing its lowest levels since March 9. "The market seems to be taking a cautious stance ahead of the Fed Chair Janet Yellen's speech later this week," said Jung Sung-yoon, a foreign exchange analyst at Hyundai Futures.



Oil prices fall below $48 as dollar gains, but possible stock drawdown supports -  Prudential Jennison 20/20 Focus A(PTWAX) newsOil prices fall below $48 as dollar gains, but possible stock drawdown supports

File photo of pump jacks at Lukoil company owned Imilorskoye oil field outside West Siberian city of KogalymSINGAPORE (Reuters) - Oil prices fell in thin trade on Tuesday as the U.S. dollar strengthened, but losses were curbed by a likely drawdown in U.S. crude and gasoline stockpiles.



Doubts mount over merger of health insurers Anthem, Cigna -  Prudential Jennison 20/20 Focus A(PTWAX) newsDoubts mount over merger of health insurers Anthem, Cigna

The office building of health insurer Anthem is seen in Los Angeles, CaliforniaCigna shares closed down 4 percent at $126.15, well below Anthem's original $188 per share offer of cash and stock announced last July. "The market is telling you that it feels the probability of the deal is significantly less than 100 percent," Morningstar analyst Vishnu Lekraj said in a telephone interview. Anthem's bid for Cigna followed close on the heels of Aetna Inc's proposed $34 billion purchase of Humana Inc .



Swiss attorney general opens criminal proceedings against bank BSI -  Prudential Jennison 20/20 Focus A(PTWAX) newsSwiss attorney general opens criminal proceedings against bank BSI

A man walks past a 1 Malaysia Development Berhad (1MDB) billboard at the funds flagship Tun Razak Exchange development in Kuala LumpurZURICH (Reuters) - Switzerland's Office of the Attorney General (OAG) has opened criminal proceedings against Swiss bank BSI in connection with embattled Malaysian state fund 1Malaysia Development Berhad (1MDB), it said on Tuesday. "The OAG suspects deficiencies in the internal organization of the BSI SA bank," the OAG said in a statement. "It is believed that due to these deficiencies, the bank was unable to prevent the commission of offences currently under investigation in the criminal proceedings relating to 1MDB. ...



South Korea's Mando in talks to supply parts for Tesla's Model 3: source -  Prudential Jennison 20/20 Focus A(PTWAX) newsSouth Korea's Mando in talks to supply parts for Tesla's Model 3: source

Handout of Tesla Motors' mass-market Model 3 electric carsMando Corp is in talks with Tesla Motors to supply parts for its Model 3 car, an industry source said, as it seeks to join other South Korean firms supplying components for Tesla's more affordable electric cars. Mando, which makes steering, brake and suspension parts, currently supplies steering racks for Tesla's Model S vehicles. A Tesla spokesperson was not immediately available for comment.



NY lawmaker warns on U.S. financial security after SWIFT attacks -  Prudential Jennison 20/20 Focus A(PTWAX) newsNY lawmaker warns on U.S. financial security after SWIFT attacks

Photo illustration of the SWIFT logoRecent hacks of international banks through the SWIFT messaging system raise serious questions about cyber-related risks to U.S. firms, Representative Carolyn Maloney wrote on Monday in a letter to the country's top banking regulators that asked about measures to strengthen systems' security. Maloney, a Democrat who represents part of Manhattan - home to many people employed in finance and banking - wrote to Federal Reserve Chair Janet Yellen, U.S. Comptroller Thomas Curry and Federal Deposit Insurance Corporation Chairman Martin Gruenberg that she remains "deeply concerned about U.S. banks' exposure to these new, sophisticated cyber attacks." The SWIFT network that allows banks to process billions of dollars in transfers each day is considered the backbone of international banking.



Tribune gets $70.5 million investment, rejects Gannett offer -  Prudential Jennison 20/20 Focus A(PTWAX) newsTribune gets $70.5 million investment, rejects Gannett offer

The Chicago Tribune building is seen in Chicago(Reuters) - Tribune Publishing Co , owner of the Los Angeles Times and the Chicago Tribune, said Los Angeles billionaire Patrick Soon-Shiong has invested $70.5 million in the company, becoming its second largest shareholder. Tribune also rejected Gannett Co Inc's latest takeover offer of $15 per share, but said on Monday that it would allow Gannett, the publisher of USA Today, access to some confidential corporate information. Soon-Shiong, through his fund Nant Capital LLC, will hold about 12.9 percent in Tribune and join the publisher's board as vice chairman on June 2.



Production of Coke halted in Venezuela for lack of sugar -  Prudential Jennison 20/20 Focus A(PTWAX) newsProduction of Coke halted in Venezuela for lack of sugar

Dow Jones Industrial Average listed company Coca-Cola (KO)'s logo is seen in Los Angeles(Reuters) - The Venezuelan bottler of Coca-Cola has halted production of the sugar-sweetened beverage due to a lack of sugar, a Coca-Cola Co spokeswoman said on Monday. Venezuela is in the midst of a deep recession, and spontaneous demonstrations and looting have become more common amid worsening food shortages, frequent power cuts and the world's highest inflation. Production of sugar-sweetened drinks has stopped, but output of diet drinks such as Coca-Cola light and other zero-sugar beverages continued, spokeswoman Kerry Tressler wrote by email.



Facebook finds 'no evidence' of political bias in Trending Topics -  Prudential Jennison 20/20 Focus A(PTWAX) newsFacebook finds 'no evidence' of political bias in Trending Topics

UE's updated Roll speaker brings a volume and range boost -  Prudential Jennison 20/20 Focus A(PTWAX) newsUE's updated Roll speaker brings a volume and range boost

Olympus joins the action camera race with its Stylus TG-Tracker -  Prudential Jennison 20/20 Focus A(PTWAX) newsOlympus joins the action camera race with its Stylus TG-Tracker

Vizio's cheaper tablet-controlled 4K TVs start rolling out -  Prudential Jennison 20/20 Focus A(PTWAX) newsVizio's cheaper tablet-controlled 4K TVs start rolling out

New, thinner Macbook Pros will reportedly have an OLED touch bar -  Prudential Jennison 20/20 Focus A(PTWAX) newsNew, thinner Macbook Pros will reportedly have an OLED touch bar

'Ori and the Blind Forest' finally makes its way to retail -  Prudential Jennison 20/20 Focus A(PTWAX) news'Ori and the Blind Forest' finally makes its way to retail

DJI drones can start streaming live aerial videos on Facebook -  Prudential Jennison 20/20 Focus A(PTWAX) newsDJI drones can start streaming live aerial videos on Facebook

Watch the most powerful x-ray laser zap droplets of water -  Prudential Jennison 20/20 Focus A(PTWAX) newsWatch the most powerful x-ray laser zap droplets of water

Facebook auto-translates 200 million lines of text every day -  Prudential Jennison 20/20 Focus A(PTWAX) newsFacebook auto-translates 200 million lines of text every day

Are Facebook Fan Pages Dead? -  Prudential Jennison 20/20 Focus A(PTWAX) newsAre Facebook Fan Pages Dead?

Will Political Winds Favor the Libertarians?Have you ever had any the following questions:"Are Facebook Fan Pages dead?!" "My reach is SO low, does anyone even see my stuff?""Does it matter how often I post on my fan page? No one sees it anyway!"These are some of the MOST common questions my clients ask me about social media marketing. With over a billion users, Facebook is the marketers...



Geek Squad employee allegedly searched PCs for the FBI -  Prudential Jennison 20/20 Focus A(PTWAX) newsGeek Squad employee allegedly searched PCs for the FBI

Should Leaders Focus On Results or People? -  Prudential Jennison 20/20 Focus A(PTWAX) newsShould Leaders Focus On Results or People?

Should Leaders Focus On Results or People?People often debate what makes a better leader: the no-nonsense, results-focused type or the motivational, people-focused type. New research has provided the answer -- neither.James Zenger surveyed over 60,000 employees to see which leadership characteristics made leaders "great" in the eyes of their employees. Two of the characteristics that...



What's on your HDTV: 'Overwatch,' 'Chef's Table' -  Prudential Jennison 20/20 Focus A(PTWAX) newsWhat's on your HDTV: 'Overwatch,' 'Chef's Table'

'Romancing SaGa 2' is out for mobile devices this week -  Prudential Jennison 20/20 Focus A(PTWAX) news'Romancing SaGa 2' is out for mobile devices this week

How to control VLC media player from your Android device -  Prudential Jennison 20/20 Focus A(PTWAX) newsHow to control VLC media player from your Android device

How to control VLC media player from your Android deviceIf you need to control multimedia on your PC from your Android smartphone, Jack Wallen shows you how with VLC and VLC Direct.



ATM hacking spree nets thieves $12.7 million in two hours -  Prudential Jennison 20/20 Focus A(PTWAX) newsATM hacking spree nets thieves $12.7 million in two hours

App market may hit $100 billion by 2020 with help from big data -  Prudential Jennison 20/20 Focus A(PTWAX) newsApp market may hit $100 billion by 2020 with help from big data

App market may hit $100 billion by 2020 with help from big dataMobile developers who are looking for ways to monetize their apps should consider checking out analytics technologies that can provide customer insights.



Facebook Live adds nonstop, 24-hour video -  Prudential Jennison 20/20 Focus A(PTWAX) newsFacebook Live adds nonstop, 24-hour video

Polaroid's first smart TVs pack 4K and Google Cast -  Prudential Jennison 20/20 Focus A(PTWAX) newsPolaroid's first smart TVs pack 4K and Google Cast

Snapchat does something useful, lets you buy 'X-Men' tickets -  Prudential Jennison 20/20 Focus A(PTWAX) newsSnapchat does something useful, lets you buy 'X-Men' tickets

Amazon no longer offers refunds for after-the-sale price drops -  Prudential Jennison 20/20 Focus A(PTWAX) newsAmazon no longer offers refunds for after-the-sale price drops

NASA is building the next Mars rover in mixed reality -  Prudential Jennison 20/20 Focus A(PTWAX) newsNASA is building the next Mars rover in mixed reality

ESPN and 'League of Legends' studio aren't making a broadcast deal -  Prudential Jennison 20/20 Focus A(PTWAX) newsESPN and 'League of Legends' studio aren't making a broadcast deal

How to share files easily and quickly with Send Anywhere -  Prudential Jennison 20/20 Focus A(PTWAX) newsHow to share files easily and quickly with Send Anywhere

How to share files easily and quickly with Send AnywhereThere's a new way to share files, and Jack Wallen thinks it could easily become your must-have file sharing tool. Send Anywhere is simple, fast, and ready to serve.



Facebook Live video replays will highlight the best moments -  Prudential Jennison 20/20 Focus A(PTWAX) newsFacebook Live video replays will highlight the best moments

Configure Outlook's Calendar view to suit your work routine -  Prudential Jennison 20/20 Focus A(PTWAX) newsConfigure Outlook's Calendar view to suit your work routine

Configure Outlook's Calendar view to suit your work routineOutlook's out-of-the box calendar may not fit your scheduling needs. Here's the easy route to changing the defaults to work for you.



To the Women of California: Cora Will Pay Your Tampon Tax -  Prudential Jennison 20/20 Focus A(PTWAX) newsTo the Women of California: Cora Will Pay Your Tampon Tax
As the Founder of Cora, a San Francisco-based startup offering premium organic tampons, and an advocate for global women's rights, I've observed the genesis of the "tampon tax" opposition movement for over a year. I've followed California's position on its own version of the tax, analyzing its effect on our business and our customers here.What...
Violent crime prediction algorithms are racially biased -  Prudential Jennison 20/20 Focus A(PTWAX) newsViolent crime prediction algorithms are racially biased

Protecting the Financial Future -  Prudential Jennison 20/20 Focus A(PTWAX) newsProtecting the Financial Future

Protecting the Financial FutureCreditThe human mind is perhaps the most powerful weapon in the world; creating a thing and destroying it with a better version. Take money for instance, it started out as trade by barter, then cowries, coins, notes, safes buried in the ground, banks, cheques, credit cards and now people want to receive and transfer money in the blink of an eye,...



Netflix's Disney streaming exclusives start in September -  Prudential Jennison 20/20 Focus A(PTWAX) newsNetflix's Disney streaming exclusives start in September

  

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