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Nov. 6 (Bloomberg) — Prudential Financial Inc., the second-largest U.S. life insurer, slumped in New York trading after third-quarter profit declined, missing analysts’ estimates.

The insurer, led by Chief Executive Officer John Strangfeld, fell 4.8 percent to $84.64 at 10:23 a.m. in New York trading, the second-biggest decline in the 85-company Standard & Poor’s 500 Financials Index. The stock has fallen 8.2 percent for the year.

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