reports
Pitney Bowes Declares Common Stock Dividend
STAMFORD, Conn.--(BUSINESS WIRE)-- 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 June 7, 2024 to stockholders of record on May 23, 2024. About Pitney Bowes Pitney Bowes (NYSE:PBI) is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Small business, retail, en...
Pitney Bowes Announces First Quarter 2024 Financial Results
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2024. Jason Dies, Interim Chief Executive Officer, commented: “We came out of the gate strong with first quarter results that reflect enterprise-wide changes in our operating intensity and efficiency efforts. Net income improved $5 million over prior year. Adjusted EBIT grew by more than $23 million on relatively flat revenue. This includes...
Pitney Bowes Named ‘Best Employer for Diversity’ by Forbes for Sixth C...
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been named to Forbes’ Best Employers for Diversity 2024 list for the sixth consecutive year. In collaboration with analytics firm Statista, Forbes identified the through an independent survey of over 170,000 U.S.-based employees working for companies employing at least 1,000 people within the U.S. This press release features multimedia. View the full release here: Pitney Bowes named to the list of Best Employers ...
Pitney Bowes Celebrates 20-Year Partnership with Reading Is Fundamenta...
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, is proud to announce a series of hands-on volunteer activities in celebration of the 20th anniversary of its partnership with Reading Is Fundamental (RIF), the nation’s leading children’s literacy nonprofit. This press release features multimedia. View the full release here: Pitney Bowes volunteers pack literacy kits at the Shelton, CT event on April 17th as part of Global Volunteer Month. (Photo: Business Wire) “We are engaging twenty ...
Pitney Bowes Parcel Shipping Index: Consumer Demand for “Real-Time Ret...
STAMFORD, Conn.--(BUSINESS WIRE)-- . (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today released its annual , which revealed significant shifts in the carrier competitive landscape and consumer behaviors in 2023. This press release features multimedia. View the full release here: 2023 U.S. parcel volume ahead of pre-pandemic predictions (Photo: Business Wire) Of the four largest carriers (USPS, Amazon Logistics, UPS, and FedEx), only Amazon Logistics grew volumes year-over-year, and by a staggering 15.7%. One year after passing...
Pitney Bowes Recognized by Fortune as One of America’s Most Innovative...
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been named to list. This prestigious award is presented by Fortune and Statista Inc. This press release features multimedia. View the full release here: Pitney Bowes is recognized as one of America's Most Innovative Companies 2024 by Fortune. (Graphic: Business Wire) From innovative solutions and services that reduce the complexity of sending parcels and mail, to an internal culture focused on encouraging new and...
Pitney Bowes Announces CFO Transition Process
STAMFORD, Conn.--(BUSINESS WIRE)-- 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 John Witek, who was most recently Head of Global Business Services, has been appointed interim Chief Financial Officer, effective March 19, 2024. Mr. Witek’s appointment follows the departure of Ana Maria Chadwick, who is leaving to assume a new role with another organization. Ms. Chadwick has agreed to remain at the Company as an advisor until April 21, 2024 to ensure a seamle...
Pitney Bowes Launches New Delivery, Tracking, and Returns Capabilities...
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the launch of a series of new and the expansion of its regional delivery services to the Midwest region. These new services and more will be showcased at , the annual retail conference taking place at Mandalay Bay in Las Vegas, Nevada, March 17 -20, 2024. “Coming off the heels of a very successful peak season with strong volumes and best-ever service performance, we are pleased to bring new solutions to our clients acr...
Moody's announces completion of a periodic review of ratings of Pitney...
Moody's Investors Service (Moody's) has completed a periodic review of the ratings of Pitney Bowes Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 26 February 2024 in which Moody's reassessed the appropriateness of the ratings...
Pitney Bowes Declares Common Stock Dividend
STAMFORD, Conn.--(BUSINESS WIRE)-- 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 March 14, 2024 to stockholders of record on February 9, 2024. About Pitney Bowes Pitney Bowes (NYSE:PBI) is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Small business, reta...
Pitney Bowes Announces Fourth Quarter and Full Year 2023 Financial Res...
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the fourth quarter and full year of 2023. Jason Dies, Interim Chief Executive Officer, commented: “Pitney Bowes is beginning 2024 with positive momentum and a strong set of go-forward priorities following a productive fourth quarter. At the enterprise level, we are on track with our cost reduction and restructuring efforts after increasing targets late last ...
Pitney Bowes Announces Continued Refreshment of its Board of Directors
STAMFORD, Conn.--(BUSINESS WIRE)-- 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 Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the “Board”) following the 2024 Annual Meeting of Stockholders (the “Annual Meeting”). The Board will elect a new Chair following Ms. Guilfoile’s retirement. Additionally, the Company announced the addition of two highly qualified and independent members – William S. Simon and Jill Sutton – to its ...
Pitney Bowes and PackageHub© Launch National ‘No-Box/No-Label’ Returns...
STAMFORD, Conn.--(BUSINESS WIRE)-- (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced along with PackageHub, the second-largest franchise system of retail shipping stores in the U.S., the launch of a that will enable no-box and no-label returns at nearly 1,000 convenient locations, with hundreds more launching soon, across the country—at no additional cost to retailers or consumers. Ecommerce brands who already use Pitney Bowes returns service and its platform partners will immediately have access to the drop-off net...
Pitney Bowes Earns Top Score in Human Rights Campaign Foundation’s 202...
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, is proud to announce it has received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. This press release features multimedia. View the full release here: Pitney Bowes efforts in satisfying all the CEI’s criteria earned a score of 100 and the designation as recip...
Pitney Bowes Strengthens Network Capabilities Through Automation and E...
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced ways it is strengthening its domestic parcels network and service. Pitney Bowes, a company with a long history of innovation, is leveraging a number of emerging technologies, including automated parcel sortation equipment and robotics to efficiently enable on-time deliveries, and process consumer returns for ecommerce brands and retailers. “We made several changes to our network in 2023 to shift operations from older, m...
Pitney Bowes Declares Common Stock Dividend
STAMFORD, Conn.--(BUSINESS WIRE)-- 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 December 6, 2023 to stockholders of record on November 15, 2023. About Pitney Bowes Pitney Bowes (NYSE:PBI) is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Small business, r...
Pitney Bowes Announces Third Quarter 2023 Financial Results
STAMFORD, Conn--(BUSINESS WIRE)-- Pitney Bowes (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the third quarter of fiscal year 2023. Jason Dies, Interim Chief Executive Officer, commented: “Our SendTech and Presort segments both delivered profit growth and margin expansion during the quarter, reflecting success in our growth strategies and productivity initiatives, as well as resilience in challenging economic conditions. We are ahead of schedule on d...
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