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 TRENTON, N.J. (AP) - Life insurance and investment giant Prudential Financial Inc. on Wednesday reported fourth-quarter profit rose nearly 20 percent from a year ago despite a loss in its investment division.
Quarterly financial services profit was $377 million, or 78 cents a share, up 19 percent from $317 million, or 64 cents, for the same period in 2004.
Operating earnings for the three months ended Dec. 31 were $543 million, or $1.06 a share, up 7 percent from $508 million, or 96 cents a share, in the 2004 fourth quarter.
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