Prudential Guidance Doesn't Impress

Investors weren't impressed Wednesday with Prudential Financial's(PRU Quote) updated earnings guidance for the coming year.

Shares of the New Jersey-based insurer fell 44 cents to $75.34 in afternoon trading, after the company reduced the top end of its 2006 earnings from what Wall Street analysts had been expecting.

The insurer says it expects full-year earnings to range between $5.40 and $5.60 a share. Prudential announced the updated earnings guidance in a press release and during an all-day investor conference. ...