CHARLOTTE, N.C. - Shares of Prudential Financial Inc. rose Friday, a day after the insurer said it is expecting its third-quarter profit to fall sharply, hurt by a series of hefty charges and negative results from investments. The news, however, was better than some investors expected. The Newark, N.J.-based insurer on Thursday preannounced some of its earnings results, saying it expects after-tax adjusted operating income for its Financial Services Businesses in the quarter ended Sept. 30 to fall between $275 million and $375 million, or 67 and 90 cents per share. Also, given recent turmoil in the markets, the company said it is suspending all purchases under its stock buyback program as of Friday. Shares of Prudential Financial gained $2.23, or 6.7 percent, to $35.5 in midday trading Friday after plunging 40 percent from...
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