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 sourcesYahoo! Finance: RSS feed not found
RSS feed not found. Please remove this RSS feed or check Yahoo! Finance for more symbols.
Latest business news
Friday July 1st 2016: Latest financial news from the worldWall St. ends higher for fourth straight day
The 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
The 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
SAN 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
Warren 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
By 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
The 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
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
Merging 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
NEW 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
By 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
ESPN2 will televise the 'Street Fighter V' finals from Evo 2016
Police confirm DVD player found in Tesla Autopilot wreck
Apple and Tidal: Because only an idiot refuses a meeting with Jay Z
BMW 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
Verizon will reward customers for referring new subscribers
The tech that could have prevented Tesla's Autopilot crash is coming in 2018
Apple to Spotify: You're not special
Save data center costs by finding the operational efficiency sweet spot
Verizon is kicking off July with some sweet deals on accessories
Alibaba announces new system to track and remove fake goods
Spotify says Apple uses App Store as a 'weapon' to choke rivals
US Senate finally dumps BlackBerry
Amazon's Alexa virtual assistant can now order millions of items
Dell is done with Android -- again
Cybersecurity forecast: Heavy smug
The sounds of Juno approaching Jupiter are totally spooky
The 404 Show 1667: Ghostbusters VR, cereal/Serial, Peter Ha (podcast)
UN rights council condemns the disruption of internet access
Apple 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
Spying drone sneaks a look at Apple's nearly complete spaceship campus
MoviePass tests new prices, aims to reach a $20 plan
BlackBerry is reportedly building three new Android phones
NFL QB Kaepernick shows it's hard to tolerate fans who want selfie
Kanye West's infamous 'Famous' music video now on YouTube
Katy Perry, Twitter's most-followed user, crosses 90-million mark
Cook dinner (and dessert) in a dishwasher
Sony Xperia X Performance review: $700 worth of disappointment
Search news on another fundClick here to search for fund symbol