S&P revises Prudential’s outlook to negative on Japan headwinds
Investing.com -- S&P Global Ratings has revised its credit outlook on Prudential Financial Inc (NYSE:PRU) to negative from stable, citing operational and regulatory headwinds in Japan that threaten to narrow the holding company’s diversified dividend streams. The rating agency simultaneously affirmed its 'A/A-1' long- and short-term issuer credit ratings on the parent entity, while maintaining a stable outlook on its primary operating subsidiaries given their entrenched U.S. market position and
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