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 NEW YORK (AP) - Prudential Financial Inc., an insurance and investment company, on Wednesday posted its second straight quarterly profit, buoyed by market gains and strong sales of its investment products.
The results led the Newark, N.J., company to raise its forecast for the year.
Prudential said its financial services businesses earned $1.09 billion, or $2.35 per share, reversing a year-ago loss of $118 million, or 25 cents a year ago.
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