Latest news for Prudential Jennison 20/20 Focus A(PTWAX) (See analysis on PTWAX)
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Latest business news
Monday September 22nd 2014: Latest financial news from the worldHousing data hits Wall Street; S&P has worst day since August 5
By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks closed lower on Monday, with the S&P 500 suffering its biggest one-day decline since early August, as the latest housing data came in much weaker than expected, raising new concerns about the rate of growth in the economy. Equities were also pressured after China's finance minister indicated the country would not increase stimulus measures in response to some weak data of its own. Existing home sales fell 1.8 percent in August, far from the growth of 1 percent that had been expected. ...
Plosser, hawkish chief of Philadelphia Fed, to retire in March
By Ann Saphir (Reuters) - Philadelphia Federal Reserve Bank President Charles Plosser, one of the sharpest internal critics of the central bank's loose monetary policy, will retire next year in a move that could ease pressure to raise interest rates more quickly. Plosser, 66, has dissented on policy decisions six times during his eight-year stint at the Fed, including at the central bank's last two meetings. ...
U.S. existing home sales fall, investors pulling back
By Lucia Mutikani WASHINGTON (Reuters) - U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness. The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to an annual rate of 5.05 million units. The decrease was the first in four months, although the sales pace was still the second highest for the year. "There is no fundamental economic weakness story in the fall. ...
U.S. SEC to pay $30 million-plus in largest whistleblower award
By Sarah N. Lynch WASHINGTON (Reuters) - An anonymous tipster living abroad will be receiving more than $30 million, in the largest whistleblower award ever doled out by U.S. securities regulators as part of a program that aims to incentivize insiders to report wrongdoing. The Securities and Exchange Commission said on Monday that the whistleblower provided crucial information that helped investigators uncover a "difficult to detect" ongoing fraud. ...
Air France strike crisis deepens as both sides dig in
By Gregory Blachier PARIS (Reuters) - A bitter Air France labor dispute deepened on Monday as management pledged to press ahead with its low-cost airline ambitions and pilots said that an eight day-old strike over the proposals would continue indefinitely as a result. Air France's Franco-Dutch parent Air France-KLM wants to develop its own low-cost brand, Transavia, with hubs in France, the Netherlands and Europe in an attempt to maintain market share for Europe's second-largest carrier by revenue in the face of fierce competition in the sector. ...
Starbucks testing stout beer-flavored 'dark barrel latte'
(Reuters) - Dark beer lovers take note. Starbucks Corp is testing a "dark barrel latte" in a handful of its cafes in Ohio and Florida. The non-alcoholic drink includes a chocolaty stout flavored sauce, whipped cream and dark caramel drizzle, a spokeswoman said on Monday. Among other things, Starbucks is known for flavored lattes such as the "pumpkin spice" latte. The Seattle-based chain has sold more than 200 million of those seasonal drinks since their debut in 2003. ...
Airbus, Boeing spar over jet production strategy
By Tim Hepher ISTANBUL (Reuters) - Airbus and Boeing clashed over jet production on Monday, with the European planemaker questioning the viability of its rival's proposals to hike output and Boeing insisting it will only build the number of jets that its buyers and suppliers can handle. A debate over the sustainability of record production and burgeoning orders for jetliners dominated an aviation gathering in Istanbul, where a minority of participants expressed fears of a glut while most remained confident about air transport growth. ...
Citigroup seeks stay on Argentine debt order; government threatens penalties
By Nate Raymond NEW YORK (Reuters) - Citigroup Inc plans to ask a U.S. judge to put on hold an order barring it from processing payments on $8.4 billion in bonds issued under Argentine law following the country's record 2002 default, court documents showed. Citigroup says it faces regulatory and criminal sanctions by the South American country, which defaulted on some of its debt in July, if it cannot process the $5 million interest payment due to bondholders by Sept. 30. ...
Apple sells more than 10 million new iPhones in first three days
By Soham Chatterjee (Reuters) - Apple Inc said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays. Chief Executive Tim Cook said the company could have sold even more iPhone 6 and iPhone 6 Plus models if supplies had been available. Analysts had estimated first-weekend sales of up to 10 million iPhones, after Apple booked record pre-orders of 4 million on Sept. 12, the day pre-orders opened. Apple's shares were little changed at $100.98 in afternoon trading on the Nasdaq on Monday. ...
N.Y. financial regulator says to focus on cyber security
By Luciana Lopez and Karen Freifeld NEW YORK (Reuters) - New York's financial regulator said on Monday his agency will focus on cyber security over the next year, saying the possibility of a systemic attack to the financial system is one thing that keeps him awake at night. "It is impossible to take it seriously enough," said Benjamin Lawsky, superintendent of the Department of Financial Services (DFS) for the state of New York. ...
Apple may change Beats brand as it spins up music service
There are conflicting reports about what Apple will ultimately do with Beats Music, with Recode reporting a potential name change, and TechCrunch calling for the service to be scrapped completely. Apple says TechCrunch's report is inaccurate.>
Future Proofing Your Brand Strategy
"The future has already arrived. It's just not evenly distributed yet." William GibsonFuture proofing your brand strategy is a constantly moving target.Visual Communications Drive Engagement like not other content, especially in today's smartphone drenched world. Be discriminating with all images used across your digital footprint.Content in...
How Laura Fuentes Turned Packing School Lunches Into A Business
Everyone is entrepreneurial these days: prototyping and making MVPs, building out innovation programs, corporations hiring professional full-time EIRs and while some companies face massive layoffs and restructures, the entrepreneurial spirit has caught on to almost all corporate cultures but in true American form the real entrepreneur starts at...
Tomorrow Daily 055: A $1 microscope for cell phones, a new Oculus VR prototype, and more
On today's show, we wonder what we'd use a cell phone microscope for, discuss the ongoing (and highly entertaining) Twitter war between Zack Snyder and J.J. Abrams, and freak out over how cool the newest Oculus VR prototype looks.>
Killed-off 'Game of Thrones' star returning?
Bejeweled 'Alibaba' iPhone 6 a steal at just $2 million
We've seen a $48 million iPhone 6, but what if you're a little more thrifty when it comes to multimillion dollar luxury gadgets sure to become obsolete in two years? We've found just the thing for you.>
Next-gen USB gives HDMI rival a piggyback ride
10 Productivity Tips, Tricks, Hacks for Entrepreneurs
New, old, stale. Entrepreneurs get to have many tag-names added to their title. I believe that entrepreneurs are the people who build something of value, perhaps something that anyone could have built before, but didn't because the time wasn't right. Are entrepreneurs known for their perfect timing?I think I've got a pretty good grasp on "all...
Flying lampshades: Cirque du Soleil plays with drones
The 404 Show 1,555: Netflix tries to spoil everything, a simple guide to happiness (podcast)
Today we're not spoiling anything, unlike what Netflix is trying to do with a random spoiler generator it just released. Also, researchers think they've discovered a simple thing that happier people do.>
iPhone sales records and 3D printing in space
Google+ accounts no longer needed for new Gmail users
Apple's new campus to be 'greenest' on Earth?
She Just Wants A Job
Outside the alcove of my 1-year-old's room, I decided to start my first business at 25 because I couldn't figure out how to combine high-impact work at the time and being an engaged mom.Ever since then, I have been passionate about the opportunities entrepreneurship can provide for women across the world. A few years ago, I was delighted to...
HTC engineers already working with Google on Nexus 9, report says
Certifying Gender Equality
You might have missed it, but a U.S. company just made big news in the business world with a welcome announcement about its policies for women in its labor force.L'Oreal USA has joined Deloitte Switzerland, CEDP Poland, and Compartamos Banco Mexico as the first U.S.-based company to receive the EDGE (Economic Dividends for Gender Equality)...
Search engine DuckDuckGo blocked in China
iPhone 6 and 6 Plus drop and drown test results are in
Get a 480GB SSD for $169.99
Wall Street to Apple's record-breaking iPhone sales: Meh
Intel to spend $6B to upgrade Israel manufacturing plant
Leader-as-Decision-Maker: Decisions Matter
I'm often brought into a company to help them solve a problem. The problem might have to do with strategic planning, research and development, or entry into a new market. I'm no expert in any of these areas, but what I am pretty good at is helping companies understand and go through the best possible process for making decisions. The first...
'Game of Thrones' cosplay with an '80s twist
Alibaba becomes world's largest IPO after additional share sale
The Most Important Lesson Every Entrepreneur Can Learn From Steve Jobs
During the '70s a small team of some of the world's best computer engineers was working in Silicon Valley at PARC, Xerox's research and innovation division. Their task was to take the company's vision for the office of the future and make it a reality. Everyone who was anyone in the Valley knew that Xerox was at the leading edge of what the...
Shree Nayar: The Art of Vision
The son of an engineer, it would seem no big surprise that Shree followed in his father's footsteps but that wasn't necessarily the plan. "He never said I should become an engineer, he wasn't pushing me in that direction," he explained to Deepak in a recent sit down of NEWSWIRE.FM's program ONE WORLD. "But whenever things were broken at...
iPhone 6 outshines 6 Plus over launch weekend
Where do the most people go for TV online? YouTube
Bitcoin gains support of cryptography think tank
15 Effective Ways to Motivate Your Team
People are the main and the most important resource of each company. For achieving great results each leader needs to have a motivation strategy to create and maintain the spirit of enthusiasm among employees. Below are 15 effective ways for you to motivate your staff and ensure the continuous growth of your organization. 1. Share the...
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