Prudential Securities got out of investment banking altogether to prove its research is not biased.
"One of the servers got overwhelmed, " he said during a conference call arranged by Prudential Securities last week.
"There's always pressure on an analyst not to say 'sell', " says Michael Mayo, an analyst for Prudential Securities.
To Prudential Securities analyst James Sullivan, Sternlicht should either focus fully on Starwood and get out of the side ventures or resign.
"The only reason anyone buys Scripps is for the networks' business, " says Steven Barlow, publishing and advertising analyst for Prudential Securities.
To Prudential Securities analyst James Sullivan, that means Sternlicht should either focus fully on Starwood and get out of the side ventures, or resign.
"Ever since the South Africa movement, social investing has really blossomed, " says Mark Melcher, director of research for Prudential Securities in Washington.
BP's production costs are just 18% of revenue, versus 23% at ExxonMobil and 19% at Shell, says Michael Mayer, an analyst with Prudential Securities.
The average age of its current lineup, at five years, is greater than that of any big automaker, according to Prudential Securities' Michael Bruynesteyn.
Detroit's Big 3 automakers lag Toyota and Honda, the leaders in flexibility, but GM is years ahead of its domestic rivals, according to Prudential Securities.
Prudential Securities analyst Michael Bruynesteyn thinks Chrysler has the best shot.
Prudential Securities says that's how it will now do business.
The proceeds from selling Prudential securities will follow in time.
Business in developing countries will rise 17% a year through 2010, representing 40% of GE's total revenue growth during that period, reckons Nicholas Heymann, an analyst with Prudential Securities.
Analysts expect a win there, but analyst Timothy Anderson at Prudential Securities recently issued a note arguing that the risk to Lilly's Zyprexa patent may be higher than many analysts expect.
Melcher, director of research for Prudential Securities in Washington.
"I do remember the latter part of the day when it got so bad it got funny, " says Larry Wachtel, a veteran stock analyst who was working for Prudential Securities at the time.
"It's too late to get out and too early to buy in, " says Robert Rountree, managing director of Prudential-Bache Securities in Hong Kong.
Robert Rountree, regional economist for Prudential-Bache Securities in Hong Kong, agrees.
Robert Rountree of Prudential-Bache Securities in Hong Kong isn't so sure.
"Fiscal stimulus can temporarily lift GDP growth but it has little impact on consumer confidence, " says Robert Rountree, regional strategist at Prudential-Bache Securities in Hong Kong.
He was, by turns, part of an air rescue squad during the Vietnam War, founder of what became the nation's largest custom-prosthetic-device company, a ski bum, a bureaucrat in the Carter Administration and a stockbroker for Prudential-Bache Securities.
Prudential regulations on pension funds' investment can be relaxed to allow more investment in private securities.
They are counted as part of banks' capital, and prudential regulations often require pension funds to hold a minimum share of their assets in government securities.
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