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Prudential

PRU and their LinesWARNING: This is Probably crazy enough to Work A ) When the yellow line is descending or ascending, and the strong trend line (White Line) is rising, and the bottom dollar trend line(Green Line) is rising, if the green line passes the middle White line first, it followed the red arrow. B ) When the yellow white and red lines are ascending, and the middle white line crosses with the yellow line... It followed the green arrow. I went back to similar movements, and mapped out similar lines, with similar time lines. I know it's weird, but I like to draw lines on charts. Sometimes I don't even know what the company does.. But their lines talk to me
NYSE:PRU
by CadillacPat
Prudential Subsidiaries Pays $33M for ChargesTwo of Prudential subsidiaries, AST Investment Services Inc. and PGIM Investments LLC, agreed to pay nearly $33 million to resolve their charges. Moreover, the two companies failed to disclose conflicts of interest. And also, they made some misleading disclosures regarding 94 insurance-dedicated mutual funds they advised. Based on the Securities and Exchange Commission (SEC), the Prudential subsidiaries need to disgorge $27.6 million. And then pay another civil fine of $5 million. Aside from that, AST and PGIM self-reported their misconduct, which the SEC acknowledged. In addition to that, the adequately complied with the investigation and reimbursed the funds worth more than $155 million voluntarily. Moreover, the settlement happened as the SEC is looking to stamp out undisclosed conflicts of interest among investment advisers and their clients. Co-chief Dabney O’Riordan, “Investment advisers must be vigilant in monitoring for conflicts related to actions taken by affiliates. And must act consistently with their representations to their clients.” O’Riordan also said that AST and PI enacted to benefit their parent company. And they did that even though the costs of those acts would impose on their clients. LG Company Meanwhile, on Tuesday, the LG Display company of South Korea said about its voluntary redundancy program for its domestic production line employees. And this happened amid increasing financial losses. The company announced that Chief Executive Han Sang-Beom resigned following an emergency board meeting. After that, it reported the chance of job cuts. As of now, the firm did not specify how many of its about 23,000 South Korean production line workers it hoped would take up the offer. For quite some time now, LG has been struggling with global supply gut in liquid-crystal displays used in television sets, which dropped prices. Furthermore, the South Korean company is changing its mainstay liquid LCD business toward next-generation organic light-emitting diode (OLED) panels. And this will cost a massive investment as the LCD panel industry is full of Chinese rivals.
NYSE:PRU
by Financebroker