IBM 2Q EPS, FY Guidance Top Street View
IBM revealed quarterly profits and a full-year outlook that bested Wall Street's expectations. However, the blue-chip tech company's sales came in shy of forecasts.
Prudential Halts Sales of Group Long-Term Care Coverage
Prudential Financial Inc. (PRU) will stop selling long-term care insurance through employer-sponsored benefit programs in most of the U.S., further paring its sales of a product that has proven to be a thorn in the sides of insurers amid the ultralow-interest-rate environment.