Metallus Entered Into Agreement to Purchase Group Annuity Contract From The Prudential Insurance Company of America In Connection With Termination Of TimkenSteel Corporation Retirement Plan ; Salaried Pension Plan Termination Settles ~$121M Pension Obligations

5/20/24 4:12:24 PM ET

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Metallus Entered Into Agreement to Purchase Group Annuity Contract From The Prudential Insurance Company of America In Connection With Termination Of TimkenSteel Corporation Retirement Plan ; Salaried Pension Plan Termination Settles ~$121M Pension Obligations

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Recent Analyst Ratings for
$MTUS
$PRU

Company	Date	Price Target	Rating	Analyst
Prudential Financial Inc. $PRU	11/14/2024	$117.00 → $140.00	Underperform → In-line	Evercore ISI
Prudential Financial Inc. $PRU	10/9/2024	$130.00	Hold	TD Cowen
Prudential Financial Inc. $PRU	9/5/2024	$118.00	Equal Weight	Barclays
Prudential Financial Inc. $PRU	8/12/2024	$113.00	Underweight → Equal Weight	Wells Fargo
Prudential Financial Inc. $PRU	5/22/2024	$121.00 → $143.00	Hold → Buy	Jefferies
Prudential Financial Inc. $PRU	2/9/2024		Strong Buy → Mkt Perform	Raymond James
Prudential Financial Inc. $PRU	1/3/2024	$119.00 → $118.00	Overweight → Neutral	JP Morgan
Prudential Financial Inc. $PRU	10/5/2023	$99.00	Hold	Deutsche Bank

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REMINDER: Metallus Announces Third-Quarter 2024 Earnings Webcast Details
CANTON, Ohio, Nov. 8, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, released its third-quarter 2024 results on Thursday, November 7 on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, November 8, 2024, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A replay of the conference call will also be available at
11/8/24 7:41:00 AM ET
$MTUS
Steel/Iron Ore
Industrials
Metallus Announces Third-Quarter 2024 Results
Net sales of $227.2 million with net loss of $5.9 million and adjusted EBITDA(1) of $6.1 millionInvested $17.6 million in capital expenditures and deployed $20.1 million to repurchase sharesStrong total liquidity(2) of $496.8 million as of September 30, 2024Company remains on track with investments to increase capacity in support of the U.S. Army's mission of ramping up munitions productionCANTON, Ohio, Nov. 7, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today reported third-quarter 2024 net sales of $227.2 million and net loss of $5.9 million, or a loss of $0.13 per diluted share. On an adjusted ba
11/7/24 4:10:00 PM ET
$MTUS
Steel/Iron Ore
Industrials
Prudential Financial Declares Quarterly Dividend on Common Stock
Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $1.30 per share of Common Stock, payable on December 12, 2024, to shareholders of record at the close of business on November 19, 2024. Prudential Financial, Inc. ((PRU), a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of September 30, 2024, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudenti
11/5/24 4:18:00 PM ET
$PRU
Life Insurance
Finance

Prudential appoints Jacques Chappuis as president and chief executive officer of PGIM
Jacques Chappuis, formerly co-head of Morgan Stanley Investment Management, will lead PGIM, Prudential Financial, Inc.'s global asset management business, effective May 1, 2025 Chappuis will lead PGIM's next chapter of growth across public and private markets capabilities David Hunt will retire as president and CEO of PGIM and stay on as chairman until July 31, 2025 to ensure a smooth transition Over his successful 13-year tenure, Hunt led PGIM's significant growth and international expansion Prudential Financial, Inc. (NYSE:PRU) announced the appointment of Jacques Chappuis as president and CEO of PGIM, its $1.4 trillion global investment management business, effective May 1, 2025
11/8/24 10:46:00 AM ET
$PRU
Life Insurance
Finance
Advent International Appoints Former EY Global Chairman and CEO Carmine Di Sibio as Operating Partner
Advent International ("Advent"), one of the largest and most experienced global private equity investors, today announced the appointment of former Ernst & Young LLP ("EY") Global Chairman and CEO Carmine Di Sibio as an Operating Partner. Di Sibio will play an active role in helping the firm identify, source and execute new deals in the business and financial services space and will work closely with Advent's team and current portfolio of investments. "We are thrilled to welcome Carmine to our growing roster of talented, specialized and hands-on Operating Partners," said Chris Egan, Managing Partner at Advent. "After a distinguished career of nearly four decades at EY, Carmine brings an in
9/30/24 8:00:00 AM ET
$PRU
$PYPL
Life Insurance
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Metallus Joins the Global Steel Climate Council and Releases its 2023 Sustainability Update
CANTON, Ohio, April 10, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel, a leader in high-quality specialty metals, manufactured components and supply chain solutions, today announces its membership in the Global Steel Climate Council (GSCC), reaffirming its commitment to sustainable steel production practices. This partnership underscores Metallus' dedication to environmental stewardship and marks another significant milestone in the company's sustainability journey. The Global Steel Climate Council serves as a vital platform for industry leaders to c
4/10/24 4:15:00 PM ET
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Prudential Financial Completes Integration with LPL Financial Platform, Delivering Experience Upgrade for its Retail Arm, Prudential Advisors
NEWARK, N.J. and SAN DIEGO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Prudential Advisors, the retail arm of Prudential Financial, Inc. (NYSE:PRU) and LPL Financial Holdings Inc. (NASDAQ:LPLA) finalized today the launch of their strategic relationship, first announced in August 2023. This first-of-its-kind relationship between Prudential and LPL enhances the client and financial advisor experience, expands advisor offerings and will accelerate growth opportunities for both firms. Following the transition of Prudential's retail broker-dealer and registered investment advisory services and operations to LPL Enterprise LLC, an affiliate of LPL Financial Holdings Inc., LPL now supports m
11/18/24 9:00:00 AM ET
$LPLA
$PRU
Investment Bankers/Brokers/Service
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Life Insurance
Prudential appoints Jacques Chappuis as president and chief executive officer of PGIM
Jacques Chappuis, formerly co-head of Morgan Stanley Investment Management, will lead PGIM, Prudential Financial, Inc.'s global asset management business, effective May 1, 2025 Chappuis will lead PGIM's next chapter of growth across public and private markets capabilities David Hunt will retire as president and CEO of PGIM and stay on as chairman until July 31, 2025 to ensure a smooth transition Over his successful 13-year tenure, Hunt led PGIM's significant growth and international expansion Prudential Financial, Inc. (NYSE:PRU) announced the appointment of Jacques Chappuis as president and CEO of PGIM, its $1.4 trillion global investment management business, effective May 1, 2025
11/8/24 10:46:00 AM ET
$PRU
Life Insurance
Finance
REMINDER: Metallus Announces Third-Quarter 2024 Earnings Webcast Details
CANTON, Ohio, Nov. 8, 2024 /PRNewswire/ -- Metallus (NYSE:MTUS), formerly known as TimkenSteel and a leader in high-quality specialty metals, manufactured components, and supply chain solutions, released its third-quarter 2024 results on Thursday, November 7 on the New York Stock Exchange. The company will provide live Internet listening access to its conference call with the financial community scheduled for Friday, November 8, 2024, at 9:00 a.m. ET. The live conference call will be broadcast at investors.metallus.com. A replay of the conference call will also be available at
11/8/24 7:41:00 AM ET
$MTUS
Steel/Iron Ore
Industrials

Metallus Entered Into Agreement to Purchase Group Annuity Contract From The Prudential Insurance Company of America In Connection With Termination Of TimkenSteel Corporation Retirement Plan ; Salaried Pension Plan Termination Settles ~$121M Pension Obligations

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Recent Analyst Ratings for $MTUS$PRU

$MTUS$PRU SEC Filings

SEC Form 10-Q filed by Metallus Inc.

Metallus Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by Prudential Financial Inc.

$MTUS$PRU Market Insights

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A Closer Look at 8 Analyst Recommendations For Prudential Financial

Citigroup Maintains Neutral on Prudential Financial, Raises Price Target to $120

Morgan Stanley Maintains Equal-Weight on Prudential Financial, Raises Price Target to $123

$MTUS$PRU Insider Purchases

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$MTUS$PRU Insider Trading

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$MTUS$PRU Analyst Ratings

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$MTUS$PRU Financials

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$MTUS$PRU Leadership Updates

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Large owner Prudential Insurance Co Of America bought $7,200,000 worth of Class I Common Stock (261,059 units at $27.58) (SEC Form 4)

Large owner Prudential Insurance Co Of America bought $18,000,000 worth of Class I Common Stock (652,884 units at $27.57) (SEC Form 4)

Pgim Strategic Investments, Inc. bought $30,000,000 worth of Class Z common shares of beneficial interest (1,191,895 units at $25.17) (SEC Form 4)

Senior Vice President Schmidt Timothy L gifted 183 shares, decreasing direct ownership by 1% to 12,053 units (SEC Form 4)

Executive Vice President Sullivan Andrew F exercised 27,117 shares at a strike of $95.65 and sold $3,187,542 worth of shares (25,685 units at $124.10), increasing direct ownership by 10% to 15,123 units (SEC Form 4)

Chief Executive Officer Lowrey Charles F exercised 176,719 shares at a strike of $94.69 and sold $23,446,078 worth of shares (185,653 units at $126.29), decreasing direct ownership by 5% to 170,081 units (SEC Form 4)

Prudential upgraded by Evercore ISI with a new price target

TD Cowen initiated coverage on Prudential with a new price target

Barclays initiated coverage on Prudential with a new price target

REMINDER: Metallus Announces Third-Quarter 2024 Earnings Webcast Details

Metallus Announces Third-Quarter 2024 Results

Prudential Financial Declares Quarterly Dividend on Common Stock

Prudential appoints Jacques Chappuis as president and chief executive officer of PGIM

Advent International Appoints Former EY Global Chairman and CEO Carmine Di Sibio as Operating Partner

Metallus Joins the Global Steel Climate Council and Releases its 2023 Sustainability Update

$MTUS$PRU Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Prudential Financial Inc.

Amendment: SEC Form SC 13G/A filed by Prudential Financial Inc.

Amendment: SEC Form SC 13G/A filed by Prudential Financial Inc.

$MTUS$PRU Press Releases

Fastest customizable press release news feed in the world

Prudential Financial Completes Integration with LPL Financial Platform, Delivering Experience Upgrade for its Retail Arm, Prudential Advisors

Prudential appoints Jacques Chappuis as president and chief executive officer of PGIM

REMINDER: Metallus Announces Third-Quarter 2024 Earnings Webcast Details

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