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

Monday December 22nd 2014

  

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

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Monday December 22nd 2014: Latest financial news from the world

Wall Street edges up after three-day run; Gilead slumps -  Prudential Jennison 20/20 Focus A(PTWAX) newsWall Street edges up after three-day run; Gilead slumps

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - U.S. stocks were modestly higher on Monday, after the benchmark S&P 500 notched its best weekly performance in nearly two months, as a sharp drop in Gilead Sciences reined in broader gains.



U.S. existing home sales hit six-month low, inventories low -  Prudential Jennison 20/20 Focus A(PTWAX) newsU.S. existing home sales hit six-month low, inventories low

The sign on a property for sale in Somerville reads "Buy This Home I'll Buy Yours For Cash"WASHINGTON (Reuters) - U.S. home resales tumbled to a six-month low in November after two straight months of strong increases, underscoring the uneven nature of the housing market recovery.



Alstom to pay record $772 million to settle bribery charges with U.S. -  Prudential Jennison 20/20 Focus A(PTWAX) newsAlstom to pay record $772 million to settle bribery charges with U.S.

The logo of Alstom is pictured during an inaugural visit of the Alstom offshore wind turbine plants in Montoir-de-BretagneBy Sarah N. Lynch WASHINGTON (Reuters) - The French firm Alstom SA has pleaded guilty and will pay $772 million in criminal penalties to settle charges with the U.S. Justice Department alleging the company bribed government officials to win business in Indonesia, India and China. The settlement announced by the Justice Department on Monday marks the largest-ever criminal fine levied by the United States against a company for violations of foreign bribery laws. ...



Ex-minister Kudrin warns of 'full-fledged crisis' in Russia -  Prudential Jennison 20/20 Focus A(PTWAX) newsEx-minister Kudrin warns of 'full-fledged crisis' in Russia

Russia's former Finance Minister Alexei Kudrin attends the Reuters Russia Investment Summit in MoscowMOSCOW (Reuters) - Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.



GM gets 104 more claims for faulty ignition switch compensation -  Prudential Jennison 20/20 Focus A(PTWAX) newsGM gets 104 more claims for faulty ignition switch compensation

File photo of General Motors logo outside its headquarters at the Renaissance Center in Detroit(Reuters) - General Motors Co has received 104 claims for compensation for ignition switch defects in its cars in the past week, bringing the total to 2,430, according to the official administering the compensation program. Through Friday, GM had received 260 claims for death, 172 for catastrophic injuries and 1,998 for less-serious injuries requiring hospitalization. The number of claims found eligible for compensation remained unchanged from last week. ...



Saudi's Naimi says OPEC will not cut output however far oil falls: MEES -  Prudential Jennison 20/20 Focus A(PTWAX) newsSaudi's Naimi says OPEC will not cut output however far oil falls: MEES

Saudi Arabia's Oil Minister al-Naimi talks to journalists before a meeting of OPEC oil ministers at OPEC's headquarters in ViennaLONDON (Reuters) - Saudi Arabia convinced its fellow OPEC members that it is not in the group's interest to cut oil output however far prices may fall, the kingdom's oil minister Ali al-Naimi said in an interview with the Middle East Economic Survey (MEES).



Basel watchdog wants standardized assessment of banks' capital -  Prudential Jennison 20/20 Focus A(PTWAX) newsBasel watchdog wants standardized assessment of banks' capital

File photo of a sign for Bank Street and high rise offices in the financial district Canary Wharf in LondonLONDON (Reuters) - Global regulators have outlined measures to ensure capital held by banks does not fall below a certain level and to adopt a more consistent approach across the industry to measuring risk. Regulators on the Basel Committee, which sets rules for the industry worldwide, are concerned that inconsistencies in the way big banks calculate the size of their capital buffers undermines investor confidence in their capital ratios, a key measure of lenders' financial health. ...



Oil falls towards $60 on Saudi supply comments -  Prudential Jennison 20/20 Focus A(PTWAX) newsOil falls towards $60 on Saudi supply comments

A ship passes a petro-industrial complex in Kawasaki near TokyoBy Simon Falush LONDON (Reuters) - Oil fell towards $60 a barrel on Monday, reversing gains after Saudi Arabia indicated it could increase its output. Saudi Arabia convinced its fellow OPEC members that it is not in the group's interest to cut oil output however far prices may fall, the kingdom's oil minister Ali al-Naimi said in an interview with the Middle East Economic Survey (MEES). ...



American Apparel confirms takeover offer, sets new 'poison pill' -  Prudential Jennison 20/20 Focus A(PTWAX) newsAmerican Apparel confirms takeover offer, sets new 'poison pill'

The American Apparel factory headquarters is pictured in Los Angeles, California(Reuters) - Struggling American Apparel Inc, which fired controversial Chief Executive Dov Charney last week, said it was evaluating a proposed takeover and announced the appointment of a new head of the board, sending its shares up in early trade. The clothing retailer and manufacturer said the proposed offer - from a party it did not identify - was pitched at $1.30 to $1.40 per share, which would value the company at $226 million-$243 million. The Wall Street Journal reported last week that private equity firm Irving Place Capital was interested in making a bid at $1.30 to $1.40 per share. ...



Thales CEO succession stalled as shareholders split: sources -  Prudential Jennison 20/20 Focus A(PTWAX) newsThales CEO succession stalled as shareholders split: sources

The logo of French defence and electronics group Thales is seen at the company's headquarters in NeuillyBy Cyril Altmeyer PARIS (Reuters) - Thales' top shareholders are at odds over its plan for a dual leadership structure that may change their influence at the French defense electronics maker, sources familiar with the matter said on Monday. The disagreement between the French government, Thales' top shareholder with 26 percent, and Dassault Aviation , which holds 25 percent, has prompted the company to postpone a board meeting scheduled for Monday, the sources said. ...



General strike shuts down services across Greece -  Prudential Jennison 20/20 Focus A(PTWAX) newsGeneral strike shuts down services across Greece

Members of pro-communist union PAME take part in an protest during a general strike in Athens, on Wednesday, Nov. 6, 2013. Services across Greece shut down Wednesday as unions held a 24-hour general strike to protest further austerity cuts in the cash-strapped country. (AP Photo/Petros Giannakouris)ATHENS, Greece (AP) — Services across Greece shut down Wednesday as unions staged a 24-hour general strike and held peaceful demonstrations to protest further austerity cuts in the cash-strapped country.



Unemployment rates fall in two-thirds of US states -  Prudential Jennison 20/20 Focus A(PTWAX) newsUnemployment rates fall in two-thirds of US states
Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
US stocks edge higher in afternoon trading -  Prudential Jennison 20/20 Focus A(PTWAX) newsUS stocks edge higher in afternoon 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)Stocks were on track to finish higher Thursday afternoon for the second day in a row as investors drew encouragement from reports on Chinese manufacturing, U.S. home sales and some positive earnings from Best Buy, Dollar Tree and other retailers.



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 are mixed in early trading -  Prudential Jennison 20/20 Focus A(PTWAX) newsUS stocks are mixed in early trading

FILE - This Aug. 9, 2011 photo shows a Wall Street street sign near the New York Stock Exchange, in New York. U.S. stocks are opening slightly higher Friday, Aug. 8, 2014 as investors weigh gains in productivity against worsening geopolitical concerns. (AP Photo/Mark Lennihan, File)NEW YORK (AP) — U.S. stocks are opening mixed as investors look over more earnings reports from big companies.



MapR CEO talks Hadoop, IPO possibilities for 2015 -  Prudential Jennison 20/20 Focus A(PTWAX) newsMapR CEO talks Hadoop, IPO possibilities for 2015

MapR CEO talks Hadoop, IPO possibilities for 2015MapR CEO John Schroeder offered a bit of Hadoop prognosticating for the coming year, while also hinting that an initial public offering was definitely in the cards.



8 Lessons for Entrepreneurs From the Philly New Technology Holiday Meetup -  Prudential Jennison 20/20 Focus A(PTWAX) news8 Lessons for Entrepreneurs From the Philly New Technology Holiday Meetup

8 Lessons for Entrepreneurs From the Philly New Technology Holiday MeetupLast Wednesday, I got to attend the Philly New Technology Meetup Holiday Extravaganza attended by more than 150 entrepreneurs, innovators and industry leaders. It was an overall exciting time to get to meet like-minded individuals, connect and learn. Here are a few key takeaways and lessons learned from the speakers a the start of the event.1....



Holiday Bonding: A Boost for the Family Business -  Prudential Jennison 20/20 Focus A(PTWAX) newsHoliday Bonding: A Boost for the Family Business
Family businesses that play together stay together
iPhone 6 price jumps 35% in Russia as ruble plummets -  Prudential Jennison 20/20 Focus A(PTWAX) newsiPhone 6 price jumps 35% in Russia as ruble plummets

iPhone 6 price jumps 35% in Russia as ruble plummetsFollowing a temporary halt to online sales, Apple again ups the price of the iPhone 6 in Russia amid the instability of the ruble.>



2014 in review: Best stories and mobile devices, questions for 2015 -  Prudential Jennison 20/20 Focus A(PTWAX) news2014 in review: Best stories and mobile devices, questions for 2015

2014 in review: Best stories and mobile devices, questions for 20152014 was another great year in the mobile space with Android dominating the smartphone space and Matthew Miller's top stories.



Boeing turns to BlackBerry for help creating super-secret, self-destructing 'Black' smartphone -  Prudential Jennison 20/20 Focus A(PTWAX) newsBoeing turns to BlackBerry for help creating super-secret, self-destructing 'Black' smartphone

Boeing turns to BlackBerry for help creating super-secret, self-destructing 'Black' smartphoneAircraft manufacturer and defense contractor Boeing has turned to Canadian telecommunication form BlackBerry for help developing its super-secret, self-destructing 'Black' smartphone.



Consumers not sold on Apple Watch without more details, analyst says -  Prudential Jennison 20/20 Focus A(PTWAX) newsConsumers not sold on Apple Watch without more details, analyst says

Consumers not sold on Apple Watch without more details, analyst saysOnly 7 percent of iPhone buyers polled by analyst Gene Munster intend to buy Apple's upcoming smartwatch, down from 8 percent in September.>



Evernote rolls out Context support for Android and Windows platforms -  Prudential Jennison 20/20 Focus A(PTWAX) newsEvernote rolls out Context support for Android and Windows platforms

Evernote rolls out Context support for Android and Windows platformsEvernote continues to improve their service with the latest update showcasing its augmented intelligence technology.



Using open source to deliver business value -  Prudential Jennison 20/20 Focus A(PTWAX) newsUsing open source to deliver business value

Using open source to deliver business valuePrice is not the only advantage of open-source software; open source can deliver significant value in a number of other ways.



Version 3 of FoundationDB's Key-Value Store database announced -  Prudential Jennison 20/20 Focus A(PTWAX) newsVersion 3 of FoundationDB's Key-Value Store database announced

Version 3 of FoundationDB's Key-Value Store database announcedFoundationDB wants developers to stop reaching for a traditional RDBMS as the answer to every data management problem.



Google wants auto industry help for self-driving cars -  Prudential Jennison 20/20 Focus A(PTWAX) newsGoogle wants auto industry help for self-driving cars

Google wants auto industry help for self-driving carsThe tech giant is going full throttle with the project, but could do with the expertise of car manufacturers.>



Defeated Brazilian presidential candidate sues Twitter -  Prudential Jennison 20/20 Focus A(PTWAX) newsDefeated Brazilian presidential candidate sues Twitter

Defeated Brazilian presidential candidate sues TwitterUnhappy with tweets posted during this year's elections, politician demands access to details of users of the microblogging service.



2014: The year Apple got me to dump Android -  Prudential Jennison 20/20 Focus A(PTWAX) news2014: The year Apple got me to dump Android

2014: The year Apple got me to dump AndroidAn Android user since the platform's beginning, I dropped it this year and Apple's to blame.



Oracle buys Datalogix, beefs up digital marketing cloud -  Prudential Jennison 20/20 Focus A(PTWAX) newsOracle buys Datalogix, beefs up digital marketing cloud

Oracle buys Datalogix, beefs up digital marketing cloudOracle's acquisition of Datalogix complements the purchase of BlueKai and rounds out its data cloud.



Gender Quotas for German Companies – U.S. Next? -  Prudential Jennison 20/20 Focus A(PTWAX) newsGender Quotas for German Companies – U.S. Next?
Germany will soon follow France, Italy and others by forcing companies to add women executives and directors. Is America next? Should it be?
Who's really taking you for an Uber ride? -  Prudential Jennison 20/20 Focus A(PTWAX) newsWho's really taking you for an Uber ride?

Who's really taking you for an Uber ride?After an Uber driver allegedly rapes a woman in Boston, the ride-sharing service's background checks come under scrutiny.>



China dumping foreign tech; It could work -  Prudential Jennison 20/20 Focus A(PTWAX) newsChina dumping foreign tech; It could work

China dumping foreign tech; It could workThe Chinese government has been working for a long time on replacing foreign, largely American, technology with home-grown alternatives, but conditions are much better for them than in the past.



​Microsoft sues US-based 'phony tech support' outfit -  Prudential Jennison 20/20 Focus A(PTWAX) news​Microsoft sues US-based 'phony tech support' outfit

​Microsoft sues US-based 'phony tech support' outfitMicrosoft has filed a suit against a US-based operation for misusing its trademarks.



5 gifts for the hard-to-please Mac user -  Prudential Jennison 20/20 Focus A(PTWAX) news5 gifts for the hard-to-please Mac user

5 gifts for the hard-to-please Mac userWhat do you get a Mac user for Christmas? A new Mac would be nice, but that can bust your budget. Here are 5 thoughtful gifts for the deserving Mac user.



2014: Apple's competence wanes, but my trust remains -  Prudential Jennison 20/20 Focus A(PTWAX) news2014: Apple's competence wanes, but my trust remains

2014: Apple's competence wanes, but my trust remainsApple's had a tough year. So have we. Here's how the iPhone maker made it up to us.



Google releases Android Lollipop 5.0.2 for the 2012 Nexus 7 -  Prudential Jennison 20/20 Focus A(PTWAX) newsGoogle releases Android Lollipop 5.0.2 for the 2012 Nexus 7

Google releases Android Lollipop 5.0.2 for the 2012 Nexus 7Hot on the heels of Android 5.0.1 for most Nexus devices, Google has released what appears to be a special update for the 2012 Nexus 7 wifi model.



From Chile to Seattle to Morocco: One startup's journey of software development across the globe -  Prudential Jennison 20/20 Focus A(PTWAX) newsFrom Chile to Seattle to Morocco: One startup's journey of software development across the globe

From Chile to Seattle to Morocco: One startup's journey of software development across the globe​The team behind startup Maptia recently launched a new version of their story-telling platform. In keeping with their aspiration to "explore the world through beautiful stories" the founders have traversed the world since 2012. Here's the story of their peripatetic development.



Google hunts for self-driving car partners -  Prudential Jennison 20/20 Focus A(PTWAX) newsGoogle hunts for self-driving car partners

Google hunts for self-driving car partnersThe tech giant is going full throttle with the project, but could do with the expertise of car manufacturers.



Samsung hopes to secure top spot in Internet of Things revolution -  Prudential Jennison 20/20 Focus A(PTWAX) newsSamsung hopes to secure top spot in Internet of Things revolution

Samsung hopes to secure top spot in Internet of Things revolutionAhead of CES 2015, Samsung's CEO talks future business, the Internet of Things and a rapidly changing tech industry.



​Google begins Android One expansion with three new countries -  Prudential Jennison 20/20 Focus A(PTWAX) news​Google begins Android One expansion with three new countries

​Google begins Android One expansion with three new countriesGoogle has launched its Android One program in Bangladesh, Nepal, and Sri Lanka, bringing its stock version of Android to an extra 200 million potential customers.



  

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