Prudential Financial remains a recommended Buy, offering a secure 5.7% dividend yield and strong capital returns. Although sales suspension in Japan will impact earnings through mid-2027, robust operations in the U.S. and Brazil help offset these challenges. PGIM's margin expansion and asset growth, along with a stable investment portfolio and de-risking in life insurance, support earnings resilience. The stock trades at about 1x adjusted book value with a fair value near $115, backed by disciplined buybacks and an 8% capital return yield.
Perseus Mining has increased its on-market share buy-back program from AUD100 million to AUD150 million after reaching the initial target. The company has repurchased over 45 million shares since August 2024, reflecting confidence in its strong cash ...
Prudential's shares increased by 4% after UBS stated that the insurer's recent sell-off reflects a worst-case scenario regarding Chinese money flow restrictions into Hong Kong insurance products. The stock had fallen about 19% since new Chinese regul...
