Market Currents

• Wednesday, October 28, 2009

• 09:00 AM Premarket gainers: QTM +12%. RFMD +6%. PNRA +5%.
  Losers: ILMN -18%. AIB -15%. APOL -15%. VCLK -14%. IRE -14%. AIXG -9%. CVM -8%. SAP -7%. PVTB -6%. TKS -6%. ALU -5%. DAI -5%. PUK -5%. LVLT -6%. MEE -4%. FRE -4%. Comment!

• Friday, June 19, 2009

• 07:18 AM Prudential PLC (PUK) confirms it has sold its Taiwan agency to China Life (LFC), after receiving regulatory approval this week. As part of the deal, PRU will take a 10% stake in LFC. The sale frees up £800M in cash for Prudential. PUK +4.4% premarket. LFC +2.5% in Shanghai. Comment!

• Wednesday, April 22, 2009

• 09:00 AM Premarket gainers: PFCB +17%. SNDK +8%. F +8%. MEDX +7%. GERN +6%. GILD +6%. SLW +5%. ELN +5%. DNDN +4%. STEM +4%. GM +5%. BA +4%. TROW +4%. BRCD +4%.
  Losers: PPDI -19%. FRE -12%. FITB -9%. RF -9%. COF -8%. PUK -9%. MS -8%. JAH -8%. ETFC -8%. HBAN -8%. PXP -7%. TXT -7%. VNO -6%. ILMN -6%. AMD -6%. USB -5%. WFC -5%. TCK -5%. BHP -5%. HBC -5%. AKS -5%. HIG -5%. Comment!

• Tuesday, April 21, 2009

• 09:00 AM Premarket gainers: ELX +43%. THC +23%. COH +8%. HOGS +7%. GM +5%. UNH +4%.
  Losers: ZION -24%. HBAN -23%. FITB -16%. NTRS -14%. KEY -12%. BJS -12%. RF -12%. MGM -11%. ETFC -11%. IFX -11%. BAC -10%. BRCM -9%. BK -9%. C -8%. DT -8%. STT -8%. LVS -7%. DOW -6%. APOL -6%. STI -6%. COF -5%. PUK -5%. HIG -5%. CAT -5%. PNC -5%. Comment!

• Wednesday, February 25, 2009

• 14:15 PM Lincoln National (LNC) -19% after slashing its dividend to $0.01 from $0.23. Collateral damage: MET -8%. PUK -5%. DJ Life Insurance Index -8.3%. Comment!
• 08:54 AM One more down? Prudential (PUK) unlikely to make bidding deadline for AIG's (AIG) Asian insurance unit AIA, a source tells Reuters. (see also) Comment!
• 07:26 AM Several major bidders for AIG's (AIG) $20B Asian life insurance unit have dropped out as the economy worsens, leaving just three suitors and not one formal bid. The trio: Prudential (PUK), Manulife Financial (MFC) and Temasek. Final bids due Friday. Comment!

• Wednesday, February 18, 2009

• 09:01 AM Premarket losers: ING -8%. GT -8%. PUK -5%. ACGY -5%. DE -4%. Comment!

• Monday, January 26, 2009

• 09:00 AM Premarket gainers: BCS +52%. IRE +33%. ING +26%. LYG +21%. AEG +16%. RBS +14%. AIB +13%. DOW +12%. PHG +8%. GERN +7%. AU +7%. PUK +7%. STEM +6%. LEN +6%. NG +6%. GFI +6%. GNW +6%. DRYS +6%. HBC +5%. WYE +5%. JASO +5%. C +5%. BAC +5%. Comment!

• Tuesday, January 13, 2009

• 09:00 AM Premarket losers: PUK -11%. BCS -10%. UBS -9%. LYG -9%. WLP -7%. RBS -7%. AEG -7%. ING -6.5%. C -6%. FSLR -5%. CIT -5%. RTP -5%. ERIC -5%. Comment!

• Thursday, November 20, 2008

• 09:20 AM Premarket losers: PAY -25%. STP -20.5%. PDCO -19%. PUK -15%. LDK -10%. LNC -10%. GM -10%. FSLR -9%. YGE -8%. BIDU -6%. HIG -6%. ING -5%. DB -5%. Comment!

• Sunday, October 19, 2008

• 10:07 AM Prudential (PUK) is in advanced talks with two strategic investors to take a 20% stake in the company and help mount a $15B bid for AIG's (AIG) Asian business. More here. Comment!