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

Friday July 1st 2016

  

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

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Friday July 1st 2016: Latest financial news from the world

Wall St. ends higher for fourth straight day -  Prudential Jennison 20/20 Focus A(PTWAX) newsWall St. ends higher for fourth straight day

Trader Peter Tuchman works on the floor at the New York Stock Exchange ahead of the July 4 holiday weekend in New York CityThe S&P 500 tallied its best week since November, staging a strong rebound from its worst two-day decline in 10 months sparked by Britain's shock vote last week to leave the European Union. "Clearly, people have assessed that either, one, it's not a big deal, or, two, it’s not going to happen at all, and they’re positioning according to those views," said Walter Todd, chief investment officer at Greenwood Capital in Greenwood, South Carolina. The Dow Jones industrial average rose 19.38 points, or 0.11 percent, to 17,949.37, the S&P 500 gained 4.09 points, or 0.19 percent, to 2,102.95 and the Nasdaq Composite added 19.90 points, or 0.41 percent, to 4,862.57.



Tesla crash raises concerns about autonomous vehicle regulation -  Prudential Jennison 20/20 Focus A(PTWAX) newsTesla crash raises concerns about autonomous vehicle regulation

The radar technology of a Tesla Model S containing Autopilot features is pointed out during a Tesla event in Palo AltoThe fatal crash of a Tesla Motors Inc Model S in Autopilot mode has turned up pressure on auto industry executives and regulators to ensure that automated driving technology is deployed safely. Shares of Tesla and Mobileye NV, the maker of the camera vision system used in the Model S, rose on Friday as analysts said the accident was likely a short-term setback. On Friday, the U.S. National Highway Traffic Safety Administration (NHTSA) said U.S. traffic deaths rose by 7.7 percent to 35,200 in 2015 - the highest annual tally since 2008 and biggest single-year jump since 1966.



Apple fires back at Spotify over music streaming claims -  Prudential Jennison 20/20 Focus A(PTWAX) newsApple fires back at Spotify over music streaming claims

The Apple Inc. logo is shown outside the company's 2016 Worldwide Developers Conference in San FranciscoSAN FRANCISCO/STOCKHOLM (Reuters) - Apple Inc fought back on Friday against Spotify's claims that the U.S. tech giant had hampered competition in music streaming by rejecting an update to the Swedish service's iPhone app. The two companies have gone head to head in the battle for music streaming customers since Apple Music was launched in more than 100 countries last year. Apple's entry into the field sparked concerns from music streaming companies such as Spotify, which have argued that the 30 percent cut Apple takes of subscriptions in its App Store give its own service an unfair advantage.



Berkshire seeks to boost its Wells Fargo stake above 10 percent -  Prudential Jennison 20/20 Focus A(PTWAX) newsBerkshire seeks to boost its Wells Fargo stake above 10 percent

Wells Fargo branch is seen in the Chicago suburb of Evanston, IllinoisWarren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to increase its ownership stake in Wells Fargo & Co , after reaching the 10 percent level that could prompt increased regulatory scrutiny. According to papers obtained by Reuters on Friday, Berkshire said it learned in mid-March that its Wells Fargo stake, including 2.01 million shares held by Buffett, had reached 10.01 percent because of buybacks by the San Francisco-based bank, which decreased the number of shares outstanding.



London bankers face Brexit choice: lobby or leave -  Prudential Jennison 20/20 Focus A(PTWAX) newsLondon bankers face Brexit choice: lobby or leave

The Canary Wharf financial district is seen in east LondonBy Sinead Cruise and Lawrence White LONDON (Reuters) - A week after Britons voted themselves out of the European Union, many London-based bankers and their employers face two options if they are to secure their futures: lobby or leave. Some investment banks, anxious not to stir speculation of an exodus from the historic City of London and its modern counterpart at Canary Wharf, have given out "business as usual" messages since last week's shock referendum result. The alternative for banks and bankers, growing increasingly insecure in an information vacuum that has developed since the June 23 vote, is to get out.



Fed's Fischer watching how quickly Brexit unfolds: CNBC -  Prudential Jennison 20/20 Focus A(PTWAX) newsFed's Fischer watching how quickly Brexit unfolds: CNBC

U.S. Federal Reserve Vice Chair Stanley Fischer addresses The Economic Club of New York in New YorkThe U.S. economy has shown signs of improvement in recent weeks but the Federal Reserve expects it will take some time before it can assess the impact of Britain's vote to leave the European Union, Fed Vice Chair Stanley Fischer said on Friday. A June 3 report showing a sharp slowdown in hiring during May and the risks around Britain's June 23 Brexit vote have raised concerns at the Fed over whether the U.S. economy was ready for more interest rate increases. More recent economic data has eased some of those concerns, but Fischer gave no steer on when the Fed might raise rates.



Brexit triggers surprise emerging market asset rally -  Prudential Jennison 20/20 Focus A(PTWAX) newsBrexit triggers surprise emerging market asset rally

A British flag flutters in front of a window in London,When British voters shocked world markets by voting to leave the European Union last week, emerging markets assets seemed among the most vulnerable to a full-on retreat to safe havens from riskier investments. MSCI's emerging equity index is set for its biggest weekly gain since March, while yields on debt denominated in emerging currencies such as rouble and the Brazilian real have fallen as much as 50 basis points over the week. "Janet Yellen has made it clear that events outside of the U.S. will have a bearing on the Fed’s decision making and she was explicit about the risk that she thought Brexit would pose," said Viktor Szabo, Senior Investment Manager at Aberdeen Investment Management.



Aetna launches Medicare Advantage asset sale: sources -  Prudential Jennison 20/20 Focus A(PTWAX) newsAetna launches Medicare Advantage asset sale: sources

A trader points up at a display on the floor of the New York Stock ExchangeMerging Aetna's and Humana's Medicare Advantage businesses would make the combined company the largest U.S. manager of the healthcare insurance for seniors and the disabled. Aetna has sent out pitchbooks to potential buyers and will begin collecting bids as soon as next week, the people said on Friday.



Mondelez's bid may find gaps in Hershey's armor -  Prudential Jennison 20/20 Focus A(PTWAX) newsMondelez's bid may find gaps in Hershey's armor

Hershey's chocolate bars are shown in this photo illustration in EncinitasNEW YORK/LOS ANGELES (Reuters) - An elaborate structure put in place to preserve Hershey Co's ties to its local community has been roiled by scandal, creating an opening that Mondelez International Inc seized on to launch a $23 billion for the chocolate giant. While Hershey's board of directors unanimously rejected Mondelez's offer on Thursday, its once impenetrable defenses are now looking weaker due to an investigation into the charitable trust that controls it, as well as controversy facing the Pennsylvania Attorney General (AG), who also has a say in any change in Hershey Co's ownership. The Hershey Trust, set up by the company's eponymous founder a century ago, holds 81 percent of the company’s voting stock and without its approval, a sale is impossible.



After market spasm, Wall Street looks past Brexit -  Prudential Jennison 20/20 Focus A(PTWAX) newsAfter market spasm, Wall Street looks past Brexit

A trader works on the floor at the New York Stock Exchange in New York CityBy Noel Randewich SAN FRANCISCO (Reuters) - A week-long convulsion in U.S. stocks induced by Britain's vote to leave the European Union has left some on Wall Street feeling a little bit better thanks to stronger expectations of prolonged low interest rates. The result of the June 23 referendum has created a bounty of uncertainty about the future of the United Kingdom, Europe and the global economy.



Verizon brings back limited offer to pay $300 for your old phone -  Prudential Jennison 20/20 Focus A(PTWAX) newsVerizon brings back limited offer to pay $300 for your old phone

Verizon brings back limited offer to pay $300 for your old phoneTrade in your old phone at Verizon and get up to $300 toward a new phone or your phone bill.



ESPN2 will televise the 'Street Fighter V' finals from Evo 2016 -  Prudential Jennison 20/20 Focus A(PTWAX) newsESPN2 will televise the 'Street Fighter V' finals from Evo 2016

Police confirm DVD player found in Tesla Autopilot wreck -  Prudential Jennison 20/20 Focus A(PTWAX) newsPolice confirm DVD player found in Tesla Autopilot wreck

Apple and Tidal: Because only an idiot refuses a meeting with Jay Z -  Prudential Jennison 20/20 Focus A(PTWAX) newsApple and Tidal: Because only an idiot refuses a meeting with Jay Z

Apple and Tidal: Because only an idiot refuses a meeting with Jay ZTidal offers Apple more star power, but selling out could jeopardize the one thing that makes it valuable.



BMW partners with Intel to get autonomous cars on the road by 2021 -  Prudential Jennison 20/20 Focus A(PTWAX) newsBMW partners with Intel to get autonomous cars on the road by 2021

How to upgrade Windows 10 Home to Windows 10 Pro using the Update & Security tool -  Prudential Jennison 20/20 Focus A(PTWAX) newsHow to upgrade Windows 10 Home to Windows 10 Pro using the Update & Security tool

How to upgrade Windows 10 Home to Windows 10 Pro using the Update & Security toolIf you're using Windows 10 Home but missing some of the features found in the Pro edition, it might be time to upgrade. Here are the steps to make it happen.



Verizon will reward customers for referring new subscribers -  Prudential Jennison 20/20 Focus A(PTWAX) newsVerizon will reward customers for referring new subscribers

The tech that could have prevented Tesla's Autopilot crash is coming in 2018 -  Prudential Jennison 20/20 Focus A(PTWAX) newsThe tech that could have prevented Tesla's Autopilot crash is coming in 2018

Feds investigating potentially widespread Tesla Model S suspension issueFor now, you'll probably want to keep your hands on the wheel.



Apple to Spotify: You're not special -  Prudential Jennison 20/20 Focus A(PTWAX) newsApple to Spotify: You're not special

Apple to Spotify: You're not specialSpotify accused Apple of using its App Store as a "weapon" to stifle competition. Here's Apple's response.



Save data center costs by finding the operational efficiency sweet spot -  Prudential Jennison 20/20 Focus A(PTWAX) newsSave data center costs by finding the operational efficiency sweet spot

Save data center costs by finding the operational efficiency sweet spotWhen it comes to power, companies are paying for infrastructure they need, but then not using it to its full potential. Get tips on making your data center more cost efficient.



Verizon is kicking off July with some sweet deals on accessories -  Prudential Jennison 20/20 Focus A(PTWAX) newsVerizon is kicking off July with some sweet deals on accessories

Verizon is kicking off July with some sweet deals on accessoriesYou can save on the Canary Home Security System, Mophie Power Pack or UE Speakers.



Alibaba announces new system to track and remove fake goods -  Prudential Jennison 20/20 Focus A(PTWAX) newsAlibaba announces new system to track and remove fake goods

Spotify says Apple uses App Store as a 'weapon' to choke rivals -  Prudential Jennison 20/20 Focus A(PTWAX) newsSpotify says Apple uses App Store as a 'weapon' to choke rivals

Spotify says Apple uses App Store as a 'weapon' to choke rivalsSpotify reportedly says the tech giant is rejecting its new app because it competes with Apple Music.



US Senate finally dumps BlackBerry -  Prudential Jennison 20/20 Focus A(PTWAX) newsUS Senate finally dumps BlackBerry

Amazon's Alexa virtual assistant can now order millions of items -  Prudential Jennison 20/20 Focus A(PTWAX) newsAmazon's Alexa virtual assistant can now order millions of items

Amazon's Alexa virtual assistant can now order millions of itemsThe Echo smart speaker and Fire TV previously were only able to reorder items.



Dell is done with Android -- again -  Prudential Jennison 20/20 Focus A(PTWAX) newsDell is done with Android -- again

Dell is done with Android -- againThe company is discontinuing all its Android tablets -- which means it's done with Android for now.



Cybersecurity forecast: Heavy smug -  Prudential Jennison 20/20 Focus A(PTWAX) newsCybersecurity forecast: Heavy smug

The sounds of Juno approaching Jupiter are totally spooky -  Prudential Jennison 20/20 Focus A(PTWAX) newsThe sounds of Juno approaching Jupiter are totally spooky

The sounds of Juno approaching Jupiter are totally spookyThe Juno spacecraft has crossed into the magnetic field of Jupiter. NASA's soundtrack of the moment is out of this world.



The 404 Show 1667: Ghostbusters VR, cereal/Serial, Peter Ha (podcast) -  Prudential Jennison 20/20 Focus A(PTWAX) newsThe 404 Show 1667: Ghostbusters VR, cereal/Serial, Peter Ha (podcast)

The 404 Show 1667: Ghostbusters VR, cereal/Serial, Peter Ha (podcast)Peter Ha returns to the show to talk about Jeff's Ghostbusters VR experience and interview with Ivan Reitman, Tesla, breakfast cereal and complain about the airport.



UN rights council condemns the disruption of internet access -  Prudential Jennison 20/20 Focus A(PTWAX) newsUN rights council condemns the disruption of internet access

Apple says Spotify wants 'preferential treatment' for iOS app -  Prudential Jennison 20/20 Focus A(PTWAX) newsApple says Spotify wants 'preferential treatment' for iOS app

Tesla driver dies in first fatality with Autopilot: What it means for the future of driverless cars -  Prudential Jennison 20/20 Focus A(PTWAX) newsTesla driver dies in first fatality with Autopilot: What it means for the future of driverless cars

Tesla driver dies in first fatality with Autopilot: What it means for the future of driverless carsA man using Tesla's Autopilot died when neither he, nor his car, braked to prevent crashing into a tractor-trailer. Here's how the accident fits into a broader conversation about autonomous driving.



Spying drone sneaks a look at Apple's nearly complete spaceship campus -  Prudential Jennison 20/20 Focus A(PTWAX) newsSpying drone sneaks a look at Apple's nearly complete spaceship campus

Spying drone sneaks a look at Apple's nearly complete spaceship campusCupertino, California's most famous corporate resident hopes to move into its ambitious new home next year, and construction looks to be progressing on schedule.



MoviePass tests new prices, aims to reach a $20 plan -  Prudential Jennison 20/20 Focus A(PTWAX) newsMoviePass tests new prices, aims to reach a $20 plan

BlackBerry is reportedly building three new Android phones -  Prudential Jennison 20/20 Focus A(PTWAX) newsBlackBerry is reportedly building three new Android phones

BlackBerry is reportedly building three new Android phonesNeon, Argon and Mercury: we'll see one new BlackBerry each quarter, according to this report.



NFL QB Kaepernick shows it's hard to tolerate fans who want selfie -  Prudential Jennison 20/20 Focus A(PTWAX) newsNFL QB Kaepernick shows it's hard to tolerate fans who want selfie

NFL QB Kaepernick shows it's hard to tolerate fans who want selfieTechnically Incorrect: Accosted by supposed fans in an LA hotel, San Francisco 49ers quarterback Colin Kaepernick shows remarkable restraint.



Kanye West's infamous 'Famous' music video now on YouTube -  Prudential Jennison 20/20 Focus A(PTWAX) newsKanye West's infamous 'Famous' music video now on YouTube

Kanye West's infamous 'Famous' music video now on YouTubePreviously a Tidal exclusive, the controversial NSFW video is now available for everyone (of age) to see.



Katy Perry, Twitter's most-followed user, crosses 90-million mark -  Prudential Jennison 20/20 Focus A(PTWAX) newsKaty Perry, Twitter's most-followed user, crosses 90-million mark

Katy Perry, Twitter's most-followed user, crosses 90-million markThe American pop icon reaches 90 million Twitter followers, making her the social media network's top-ranked user.



Cook dinner (and dessert) in a dishwasher -  Prudential Jennison 20/20 Focus A(PTWAX) newsCook dinner (and dessert) in a dishwasher

Cook dinner (and dessert) in a dishwasherBefore cleaning those dirty dishes, wrap up everything from chicken to apple pie and cook it in the dishwasher. The Threadbanger YouTube channel shows you how.



Sony Xperia X Performance review: $700 worth of disappointment -  Prudential Jennison 20/20 Focus A(PTWAX) newsSony Xperia X Performance review: $700 worth of disappointment

  

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