Pitney Bowes (PBI)
7.8000 -0.2500 (-3.11%)
Pitney Bowes is a global technology company that specializes in providing innovative solutions for shipping, mailing, and e-commerce. The company offers a range of services and products, including mailing systems, customer information management, and logistics solutions, aimed at helping businesses improve their operational efficiency and enhance customer engagement. With a focus on digital transformation, Pitney Bowes leverages data analytics and advanced technology to streamline processes for businesses of all sizes, enabling them to navigate the complexities of modern commerce and deliver exceptional service.
Previous Close | 8.050 |
---|---|
Open | 8.050 |
Bid | 8.100 |
Ask | 8.440 |
Day's Range | 7.730 - 8.160 |
52 Week Range | 3.680 - 8.800 |
Volume | 1,378,242 |
Market Cap | 1.37B |
PE Ratio (TTM) | -3.529 |
EPS (TTM) | -2.2 |
Dividend & Yield | 0.2000 (2.56%) |
1 Month Average Volume | 2,105,828 |
News & Press Releases
Hestia Capital Management Discloses Additional Information Regarding 10b5-1 Plan at Pitney Bowes
Hestia Capital Management, LLC (collectively with its affiliates, “Hestia” or “we”), a large shareholder of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), today provided additional detail on its Managing Member’s 10b5-1 Plan (the “Plan”) at the Company. Hestia’s Managing Member, Kurt Wolf, has served on Pitney Bowes’ Board of Directors since 2023 and intends to be a long-serving director and shareholder. Mr. Wolf recently put in place a Plan that is structurally similar to ones established by directors, including those who run investment management firms, at other public companies.
By Hestia Capital Management, LLC · Via Business Wire · December 3, 2024
War, Gold, And Opportunity: Uncovering Today’s Market Movestalkmarkets.com
Via Talk Markets · November 19, 2024
Pitney Bowes Announces Significant Progress on Deleveraging Initiative with Paydown of $100M of Oaktree Notes
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has repaid $100 million of the $275 million in senior secured notes (“2028 Notes”) issued by Oaktree Capital Management, L.P. (“Oaktree”), the balance of which was $272 million as of September 30, 2024. The partial payment of the 2028 Notes is part of the Company’s previously announced strategic initiative to deleverage its balance sheet. The repayment was funded by cash on hand.
By Pitney Bowes Inc. · Via Business Wire · November 19, 2024
Pitney Bowes Announces Agreement in Principle with Unsecured Creditors’ Committee in DRF Logistics Bankruptcy Case to Resolve Outstanding Disputes
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has reached an agreement in principle (the “Agreement in Principle”) with DRF Logistics LLC (“DRF”) (f/k/a the Global Ecommerce segment) to resolve ongoing disputes with the official committee of unsecured creditors (the “Committee”). The Committee is tasked with representing the interests of all creditors asserting unsecured claims against DRF and its affiliated debtor.
By Pitney Bowes Inc. · Via Business Wire · November 13, 2024
Pitney Bowes Provides Additional Detail on Financial Outlook
Pitney Bowes Inc. (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today provided supplemental detail around guidance for the fourth quarter of 2024, long-term revenue considerations, and debt reduction and refinancing efforts.
By Pitney Bowes Inc. · Via Business Wire · November 11, 2024
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on December 6, 2024 to stockholders of record on November 18, 2024.
By Pitney Bowes Inc. · Via Business Wire · November 7, 2024
Pitney Bowes Announces Financial Results for Third Quarter of Fiscal Year 2024 and Progress on Strategic Initiatives
Pitney Bowes Inc. (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the Company’s financial results for the third quarter of fiscal year 2024 and provided a progress update on the strategic initiatives announced on May 22, 2024. The Company also updated its full year guidance for Fiscal Year 2024 following continued strong business performance and accelerated execution of cost initiatives.
By Pitney Bowes Inc. · Via Business Wire · November 7, 2024
Pitney Bowes and FedEx Launch FedEx Platform Account
Pitney Bowes (NYSE: PBI), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500, today announced a new program with FedEx, which will offer a FedEx Platform Account to Pitney Bowes customers. Through the FedEx Platform Account, Pitney Bowes customers can access discounted FedEx rates and expanded service options through their multicarrier shipping software, including ShipAccel, powered by Pitney Bowes, without the need for a FedEx shipping account.
By Pitney Bowes Inc. · Via Business Wire · October 30, 2024
Pitney Bowes Appoints Lance Rosenzweig as Permanent CEO and Strengthens Board of Directors
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Lance Rosenzweig as the Company’s permanent Chief Executive Officer (“CEO”), effective immediately.
By Pitney Bowes Inc. · Via Business Wire · October 29, 2024
Pitney Bowes Announces Date for Third Quarter 2024 Earnings Release and Conference Call
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it will report third quarter 2024 earnings results after market close on Thursday, November 7, 2024.
By Pitney Bowes Inc. · Via Business Wire · October 28, 2024
Pitney Bowes Enhances Ecommerce Shipping with ShipAccel
Pitney Bowes (NYSE: PBI), a global shipping and mailing company, today announced the launch of ShipAccel, a digital platform designed to simplify and enhance shipping operations with advanced ecommerce technology. This launch reinforces Pitney Bowes’ offerings in the ecommerce market, now aimed at equipping shippers with technology that addresses their evolving needs.
By Pitney Bowes Inc. · Via Business Wire · September 23, 2024
Why Pitney Bowes Is Delivering for Investors Todayfool.com
Via The Motley Fool · August 9, 2024
Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Fridayinvestorplace.com
We have all of the biggest pre-market stock movers that traders need to know about on Friday with the latest news breakdowns!
Via InvestorPlace · August 9, 2024
PBI Stock Earnings: Pitney Bowes Beats EPS, Beats Revenue for Q2 2024investorplace.com
PBI stock results show that Pitney Bowes beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
Via InvestorPlace · August 8, 2024
Pitney Bowes Declares Common Stock Dividend
Pitney Bowes Inc. (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.05 per share. The dividend will be paid on September 6, 2024 to stockholders of record on August 22, 2024.
By Pitney Bowes Inc. · Via Business Wire · August 8, 2024
Pitney Bowes Announces Financial Results for Second Quarter of Fiscal Year 2024 and Provides a Progress Update on Strategic Initiatives
Pitney Bowes (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the Company’s financial results for the second quarter of fiscal year 2024 and provided a progress update on the strategic initiatives announced on May 22, 2024, including the conclusion of the strategic review of the Global Ecommerce (“GEC”) segment. The Company also disclosed its updated full year guidance for Fiscal Year 2024 following recent value-enhancing actions and strong first-half performance.
By Pitney Bowes Inc. · Via Business Wire · August 8, 2024
Pitney Bowes Announces Value-Maximizing Exit Path for Global Ecommerce Segment
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced that it has sold a controlling interest in the entities representing a substantial majority of the Global Ecommerce (“GEC”) segment (the “GEC Entities”) operating in the U.S. to Hilco Commercial Industrial, an affiliate of Hilco Global (“Hilco”), to support a value-maximizing liquidation of certain of the GEC Entities under the protection of Chapter 11 of the U.S. Bankruptcy Code. This sale of the controlling interest occurred on August 8, 2024. Hilco is a recognized leader in helping companies maximize the value of their assets and has worked with numerous organizations to wind-down operations in an efficient, responsible manner.
By Pitney Bowes Inc. · Via Business Wire · August 8, 2024
7 Low-Cost Stocks With Unexpected Growth Potentialinvestorplace.com
Explore top low-cost growth stocks with high growth potential and strategies driving success in the stock market.
Via InvestorPlace · August 2, 2024
Why Pitney Bowes Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarketbenzinga.com
Via Benzinga · July 29, 2024
McDonald's, ON Semiconductor And 3 Stocks To Watch Heading Into Mondaybenzinga.com
Via Benzinga · July 29, 2024
Pitney Bowes Announces Date for Second Quarter 2024 Earnings Release and Conference Call
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced that it will report second quarter 2024 earnings results after market close on Thursday, August 8, 2024.
By Pitney Bowes Inc. · Via Business Wire · July 29, 2024
The 3 Best ETFs to Buy for the Small-Cap Revivalinvestorplace.com
With the Street starting to become enthusiastic about small-cap stocks,, here are the three best small-cap ETFs to buy.
Via InvestorPlace · July 26, 2024
Pitney Bowes Announces Leadership Transition in Global Ecommerce Segment
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Gregg Zegras has retired as President of the Company’s Global Ecommerce segment, effective immediately. After joining Pitney Bowes in 2013, Mr. Zegras served as Chief Commercial Officer and held other senior roles. The Company thanks Mr. Zegras for his many years of dedication and service and wishes him the best in his future endeavors.
By Pitney Bowes Inc. · Via Business Wire · July 2, 2024
Why Pitney Bowes Shares Are Shooting Higher todaybenzinga.com
Pitney Bowes shares up on update of cost rationalization initiative, $70M in savings identified. The cost cuts are anticipated to be largely reflected in second half of 2024 pre-tax earnings and fully reflected in 2025.
Via Benzinga · July 1, 2024