8-K - PITNEY BOWES INC /DE/ (0000078814) (Filer)
8-K - PITNEY BOWES INC /DE/ (0000078814) (Filer)
10-Q - PITNEY BOWES INC /DE/ (0000078814) (Filer)
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. 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, enterprise, and government clients around the world rely on Pitney Bowes to remove the complexity of sending mail and parcels. F
Company Updates Full Year Guidance Following Recent Value-Enhancing Actions and Strong First-Half Performance Company to Host Investor Conference Call at 5:30 p.m. ET 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-
Company Sells Controlling Interest in Global Ecommerce Entities to Hilco Commercial Industrial, Which Intends to Lead Orderly and Expeditious Wind-Down of Global Ecommerce Business Transaction Paves Way for Company to Eliminate ~$136 Million in Annual Losses and Fully Focus on Core, Cash-Generating Businesses 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,
4 - PITNEY BOWES INC /DE/ (0000078814) (Issuer)
4 - PITNEY BOWES INC /DE/ (0000078814) (Issuer)
4 - PITNEY BOWES INC /DE/ (0000078814) (Issuer)
SC 13D/A - PITNEY BOWES INC /DE/ (0000078814) (Subject)
SC 13G/A - PITNEY BOWES INC /DE/ (0000078814) (Subject)
SC 13D/A - PITNEY BOWES INC /DE/ (0000078814) (Subject)
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. As previously disclosed, Pitney Bowes is in the final stages of its strategic review of the Global Ecommerce segment. The purpose of the review is to identify alternatives tha
Sees Opportunity to Significantly Reduce Leverage Ratio, Achieve ~3x EV / EBITDA Multiple and Nearly Double Pitney Bowes' Share Price by Divesting the Company's Money-Losing GEC Business Believes the Board Must Explore All Paths to Maximizing Shareholder Value, Including by Running a Comprehensive Review of Strategic Alternatives Underscores the Need for Permanent Leaders Following Unacceptable Turnover in the C-Suite and Boardroom Lakeview Investment Group & Trading Company, LLC, which beneficially owns approximately 2.55% of the outstanding common shares of Pitney Bowes, Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), today issued the below open letter to the Company's Board of D
Allurion Technologies, Inc. (NYSE:ALUR), a company dedicated to ending obesity, today announced the appointment of its newest board member and Audit Committee Chair, Milena Alberti-Perez, effective as of March 11, 2024. "Milena joins the Allurion board during an exciting time in the company's history and is a proven and dynamic leader, with deep experience as an operator and board member," said Dr. Shantanu Gaur, Allurion Founder and CEO. "Her perspective and guidance will be invaluable as Allurion furthers its mission to treat the one billion people around the world with obesity." Ms. Alberti-Perez previously served as Chief Financial Officer at Getty Images (NYSE:GETY) and CFO at Peng
Maxim Group upgraded Pitney Bowes from Hold to Buy
Sidoti upgraded Pitney Bowes from Neutral to Buy and set a new price target of $10.00
Sidoti downgraded Pitney Bowes from Buy to Neutral
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. 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, enterprise, and government clients around the world rely on Pitney Bowes to remove the complexity of sending mail and parcels. F
Company Updates Full Year Guidance Following Recent Value-Enhancing Actions and Strong First-Half Performance Company to Host Investor Conference Call at 5:30 p.m. ET 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-
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 https://www.investorrelations.pitneybowes.com/. The webcast link for the conference call is https://edge.media-server.com/mmc/p/bzy7jz3i. The conference call also be accessed by phone at 234-720-6979; Acc
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Industrials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume UBER CALL TRADE BULLISH 07/19/24 $70.00 $56.7K 25.3K 12.5K FLR CALL SWEEP BEARISH 11/
Pitney Bowes Inc. (NYSE:PBI) shares are trading higher after the company provided an update on the first phase of its cost rationalization initiative, initially announced in late May 2024. The company has identified and implemented around $70 million in cost savings, with most of these savings realized in the second quarter. Pitney Bowes expects non-recurring charges of about $25 million related to these efforts to be recorded in the second quarter. The cost reductions are expected to be mostly reflected in the company’s pre-tax earnings for the second half of 2024 and fully realized in 2025, primarily from expense reductions in SendTech and Presort. Additionally, management has