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Pitney Bowes Inc: 1 director
A director at Pitney Bowes Inc maiden bought 29,000 shares at 7.796USD and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...
Pitney Bowes Announces Significant Progress on Deleveraging Initiative...
STAMFORD, Conn.--(BUSINESS WIRE)-- 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 she...
Pitney Bowes Declares Common Stock Dividend
STAMFORD, Conn.--(BUSINESS WIRE)-- 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. About Pitney Bowes Pitney Bowes (NYSE: PBI) is a technology-driven company that provides SaaS shipping solutions, mailing...
Pitney Bowes Announces Financial Results for Third Quarter of Fiscal Y...
STAMFORD, Conn.--(BUSINESS WIRE)-- 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. Third Quarter Financial Highlights Revenue was $499...
Pitney Bowes and FedEx Launch FedEx Platform Account
STAMFORD, Conn.--(BUSINESS WIRE)-- 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 , powered by Pitney Bowes, without the need for a FedEx shipp...
Pitney Bowes Enhances Ecommerce Shipping with ShipAccel
STAMFORD, Conn.--(BUSINESS WIRE)-- 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. This press release features multimedia. View the full release here: ShipAccel Powered by pitney bowes. Your one-stop shipping solution. (Photo: Business Wire) Debuting at Shoptalk Fall (October ...
Moody's Ratings affirms Pitney Bowes' B1 CFR; outlook changed to stabl...
Moody's Ratings (Moody's) affirmed Pitney Bowes Inc.'s (Pitney Bowes) B1 Corporate Family Rating (CFR) and B1-PD Probability of Default Rating (PDR) following the company's recently announced exit from Global Ecommerce (GEC) businesses. The disposition of the GEC segment, which has suffered signific...
Pitney Bowes Announces Date for Second Quarter 2024 Earnings Release a...
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 it will report second quarter 2024 earnings results after market close on Thursday, August 8, 2024. The Company will host an investor conference call at 5:00 p.m. ET on the same day to review its results. This call and all supplemental information can be accessed on Pitney Bowes’ investor relations site at . The webcast link for the conference call is . The conference call a...
Pitney Bowes Opens New Presort Services Operating Center Serving St. L...
STAMFORD, Conn.--(BUSINESS WIRE)-- . (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the opening of a new 45,000 square foot Presort Services operating center serving the St. Louis, MO market. The new highly automated facility, located at 13955 Riverport Place, Maryland Heights, MO processed nearly 100,000 pieces of mail on its inaugural day, with volumes steadily increasing throughout this summer. Currently, the site processes up to 1.2 million mail pieces a day. This press release features multimedia. View the f...
Pitney Bowes to Host Investor Conference Call
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, will host an investor conference call at 8:00 AM ET on Wednesday, May 29, to introduce the Company’s newly appointed interim CEO, Lance Rosenzweig, and discuss its strategic initiatives. Participants can register for the call by visiting . For interested individuals unable to join, there will be a replay link available following the call on the website. About Pitney Bowes Pitney Bowes (NYSE:...
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...
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