Maxim Group upgraded Pitney Bowes from Hold to Buy
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8-K - PITNEY BOWES INC /DE/ (0000078814) (Filer)
8-K - PITNEY BOWES INC /DE/ (0000078814) (Filer)
10-Q - PITNEY BOWES INC /DE/ (0000078814) (Filer)
Expects to Report FY2024 Revenue Within Guidance Range and Adjusted EBIT Above Guidance Range Continued Progress Stems from Management's Focus on Efficiency, Execution and Financial Strength 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, announced that today it is paying off the remaining balance of approximately $97 million in senior secured notes ("2028 Notes") issued to Oaktree Capital Management, L.P. (collectively with its affiliates, "Oaktree") in July 2023. The repayment, which is being funded by cash on hand, is part of the C
Acquisition of Royal Alliances' Presort Business Further Strengthens Pitney Bowes Presence Across the United States 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 acquired the presort business of Royal Alliances, Inc. ("Royal Alliances" or "RA"), a provider of technology-enabled shipping and mailing solutions, headquartered in Irving, Texas. This acquisition further strengthens the Pitney Bowes Presort Services network in the East, Central and West Regions. Following the effective closing date on January 2
Discover how developments in digital shipping software technologies are providing businesses with freedom, flexibility, visibility, and control. JUPITER, Fla., Dec. 23, 2024 /PRNewswire/ -- Advancements with Ted Danson will focus on how recent breakthroughs in software are helping to optimize efficiency and get packages out the door faster and easier. This segment will educate about the imperative role that shipping plays in business today. Audiences will learn how companies of all sizes often face unprecedented challenges and opportunities in today's fast-paced and ever-evolv
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
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)
4 - PITNEY BOWES INC /DE/ (0000078814) (Issuer)
4 - PITNEY BOWES INC /DE/ (0000078814) (Issuer)
4 - PITNEY BOWES INC /DE/ (0000078814) (Issuer)
Expects to Report FY2024 Revenue Within Guidance Range and Adjusted EBIT Above Guidance Range Continued Progress Stems from Management's Focus on Efficiency, Execution and Financial Strength 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, announced that today it is paying off the remaining balance of approximately $97 million in senior secured notes ("2028 Notes") issued to Oaktree Capital Management, L.P. (collectively with its affiliates, "Oaktree") in July 2023. The repayment, which is being funded by cash on hand, is part of the C
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 innovation, and financial services to clients around the world—including more than 90 percent of the Fortune 500. Small businesses to l
Company Updates Full Year Guidance Following Continued Strong Business Performance and Accelerated Execution of Cost 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. Third Quarter Financial Highlights Revenue was $499 mill
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. The Company's Board of Directors (the "Board") carried out an extensive CEO search process that was supported by a nationally recognized executive recruiting firm and included both internal and external candidates. After assessing Mr. Rosenzweig's considerable contributions as interim CEO and his track record of value creation at Pitney Bowes and at other co
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