Key Developments: Pitney Bowes Inc (PBOWN.PK)

PBOWN.PK on OTC Markets Group

451.20USD
7 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Pitney Bowes Inc and DocuConsulting partner to create richer document solutions for customer engagement
Wednesday, 25 Jun 2014 09:00am EDT 

Pitney Bowes Inc:Says new partnership with DocuConsulting, a consulting firm that specializes in document publishing and automation.Together, the two companies will provide the comprehensive document generation solutions that simplify the often tangled process of policy creation and delivery.  Full Article

Pitney Bowes declares common, preference and preferred stock dividends
Monday, 12 May 2014 12:51pm EDT 

Pitney Bowes Inc:Declares a quarterly cash dividend of $0.1875 cents per share.Payable on June 12 to stockholders of record on May 30.Declares a quarterly cash dividend of $0.53 cents per share on the company's $2.12 convertible preference stock.Payable on July 1 to stockholders of record June 13.Declares a quarterly cash dividend of $0.50 cents per share on 4 pct convertible cumulative preferred stock.Payable on Aug. 1 to stockholders of record July 15.  Full Article

Pitney Bowes Inc teams with SAP to deliver advanced location-based data solutions to drive meaningful, real-time insights
Monday, 5 May 2014 08:00am EDT 

Pitney Bowes Inc:Strategic partnership by signing global original equipment manufacturer (OEM) agreement, where Pitney Bowes will develop next generation geospatial and location intelligence solutions using SAP HANA platform.Pitney Bowes will develop and market new Business Intelligence (BI) and mobile solutions that run on SAP HANA and market these solutions in priority markets, industries and geographies.  Full Article

Pitney Bowes Inc reaffirms FY 2014 outlook
Wednesday, 30 Apr 2014 07:00am EDT 

Pitney Bowes Inc:Expects FY 2014 revenue growth rate, excluding the impacts of currency, to be in a range of a one percent decline to two percent growth when compared to FY 2013.Expects FY 2014 adjusted earnings per diluted share to be in the range of $1.75 to $1.90.Expects FY 2014 GAAP earnings per diluted share from continuing operations to be in the range of $1.53 to $1.68.Reported revenue of $3.869 bln in FY 2013.FY 2014 revenue of $3.876 bln, EPS of $1.85 - Thomson Reuters I/B/E/S.  Full Article

Pitney Bowes Inc and IBM to Collaborate on Hybrid Cloud Location Services
Tuesday, 25 Mar 2014 09:15am EDT 

Pitney Bowes Inc:Announced a collaboration on IBM's codename "BlueMix" platform-as-a-service to develop new hybrid cloud location services.  Full Article

Pitney Bowes Inc approves first quarter dividend
Thursday, 30 Jan 2014 07:00am EST 

Pitney Bowes Inc:Says the Board of Directors approved first quarter 2014 dividend of $0.1875 per share.Says it will be paid on Mar. 12, to stockholders of record on Feb. 14.  Full Article

Pitney Bowes Inc issues FY 2014 guidance in line with analysts' estimates
Thursday, 30 Jan 2014 07:00am EST 

Pitney Bowes Inc:Sees fiscal 2014 revenue, excluding the impacts of currency, to be in the range of a one percent decline to two percent growth when compared to fiscal 2013.Sees fiscal 2014 GAAP earnings per diluted share from continuing operations to be in the range of $1.75 to $1.90, which includes $0.10 per share in expenses related to the implementation of a new ERP system.Reported total revenue of $3.9 billion in fiscal 2013.Fiscal 2014 revenue of $3.86 bln - Thomson Reuters I/B/E/S.Fiscal 2014 EPS of $1.80 - Thomson Reuters I/B/E/S.  Full Article

Pitney Bowes Inc and Twitter sign a multi-year licensing agreement for location intelligence solutions
Tuesday, 10 Dec 2013 08:00am EST 

Pitney Bowes Inc:Says it has entered into a multi-year licensing agreement with Twitter, the global real-time information network, to provide Location Intelligence solutions for their mobile platform.  Full Article

Pitney Bowes Inc Declares Common, Preference And Preferred Stock Dividends
Friday, 8 Nov 2013 03:14pm EST 

Pitney Bowes Inc announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.1875 per share. The dividend will be paid on December 12, 2013, to stockholders of record on November 18, 2013. In addition, a quarterly cash dividend of $0.53 per share on the Company's $2.12 convertible preference stock, will be paid on January 1, 2014, to stockholders of record December 13, 2013, and a quarterly cash dividend of $0.50 per share on the Company's 4% convertible cumulative preferred stock will be paid on February 1, 2014, to stockholders of record January 15, 2014.  Full Article

Pitney Bowes Inc Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance
Tuesday, 29 Oct 2013 07:15am EDT 

Pitney Bowes Inc updated its fiscal 2013 guidance and expects revenue, excluding the impacts of currency, to be in the range of a 1% decline to 2% growth when compared to fiscal 2012, adjusted earnings per diluted share (EPS) to be in the range of $1.68 to $1.83, which includes $0.06 per share tax benefit recorded in the quarter and GAAP earnings per diluted share from continuing operations to be in the range of $1.39 to $1.54, which includes: $0.10 per share restructuring charges recorded to date; $0.08 per share asset impairment charge related to the signed agreement to sell the Company's headquarters building; $0.08 per share charge for costs associated with the first quarter debt tender, and $0.03 per share charge related to net costs associated with the planned early redemption of $300 million of debt in the fourth quarter. The Company reported revenue of $4.904 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $1.71 for fiscal 2013.  Full Article

Fitch Rates Pitney Bowes' Proposed Senior Unsecured Notes 'BBB-'

(The following statement was released by the rating agency) NEW YORK, March 05 (Fitch) Fitch Ratings has assigned a 'BBB-' rating to Pitney Bowes' (PBI) $500 million senior unsecured notes due 2024. PBI and its subsidiary, Pitney Bowes International Holdings, Inc. (PBIH) have an Issuer Default Rating (IDR) of 'BBB-'. The Rating Outlook is Stable. A full list of ratings follows at the end of this release. The new notes will rank pari passu with existing senior unsecured securities. The propo

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