Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Portfolio > Economy & Markets > Fixed Income

Pru Benefits From Acquisitions

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Aug. 4, 2004, 4:59 p.m. EDT

Acquisitions fueled an increase in second-quarter profits at Prudential Financial Inc., Newark, N.J.[@@]

The insurer is reporting $549 million in net income for the second quarter on $6.9 billion in revenue, up from $196 million in net income on $7.3 billion in revenue for the second quarter of 2003.

Results reflect the integration of the American Skandia annuity operations and the CIGNA retirement operations, Prudential says.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.