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Pitney Bowes Inc (PBI.N)

PBI.N on New York Stock Exchange

10.91USD
15 Dec 2017
Change (% chg)

$0.09 (+0.83%)
Prev Close
$10.82
Open
$10.82
Day's High
$10.98
Day's Low
$10.78
Volume
2,605,144
Avg. Vol
579,565
52-wk High
$16.60
52-wk Low
$9.56

Latest Key Developments (Source: Significant Developments)

Pitney Bowes Q3 adjusted earnings per share $0.33
Wednesday, 1 Nov 2017 07:00am EDT 

Nov 1 (Reuters) - Pitney Bowes Inc :Pitney Bowes announces third quarter 2017 financial results.Q3 adjusted earnings per share $0.33.Q3 GAAP earnings per share $0.31.Q3 revenue $843 million versus I/B/E/S view $831.5 million.Q3 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.38 to $1.46.Sees FY 2017 revenue up 3 to 5 percent.Pitney Bowes Inc - ‍lowering its annual guidance range for adjusted EPS and free cash flow​.Pitney Bowes Inc - ‍increasing its annual revenue guidance range to reflect Newgistics acquisition​.Pitney Bowes Inc - ‍announcing a $200 million spend reduction program over next 2 years​.Pitney Bowes Inc - ‍for FY 2017 revenue, on a constant currency basis, to be in range of 3 percent to 5 percent growth, when compared to 2016​.Pitney Bowes Inc - ‍for full year 2017 free cash flow to be in range of $350 million to $380 million​.Pitney Bowes Inc - ‍has initiated a review of strategic alternatives for company​.  Full Article

Pitney Bowes files prospectus supplement related to potential notes offering, size not disclosed
Thursday, 7 Sep 2017 10:29am EDT 

Sept 7 (Reuters) - Pitney Bowes Inc ::Pitney Bowes Inc files prospectus supplement related to potential notes offering; Size not disclosed - SEC filing‍​.  Full Article

Pitney Bowes acquires Newgistics Inc for about $475 million
Wednesday, 6 Sep 2017 10:31am EDT 

Sept 6 (Reuters) - Pitney Bowes Inc ::Says expands capabilities in growing ecommerce and parcel services space with acquisition of Newgistics Inc.Says deal for ‍approximately $475 million​.Says intends to continue to operate businesses as independent units through remainder of 2017 and into Q1 of 2018​.  Full Article

Pitney Bowes Q1 adjusted earnings per share $0.36
Tuesday, 2 May 2017 07:00am EDT 

May 2 (Reuters) - Pitney Bowes Inc :Reaffirming 2017 annual guidance.Pitney bowes announces first quarter 2017 financial results.Q1 adjusted earnings per share $0.36.Q1 gaap earnings per share $0.35.Q1 revenue $837 million versus i/b/e/s view $817.1 million.Sees fy 2017 adjusted earnings per share $1.70 to $1.85.Q1 earnings per share view $0.35 -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $1.74 -- Thomson Reuters I/B/E/S.  Full Article

Pitney Bowes announces new partnership with Scalable Systems
Tuesday, 18 Apr 2017 09:00am EDT 

April 18 (Reuters) - Pitney Bowes Inc :Pitney Bowes Inc - announced a new partnership with Scalable Systems.  Full Article

Pitney Bowes - CEO Marc Lautenbach's FY 2016 total compensation was $6.04 mln
Friday, 24 Mar 2017 10:36am EDT 

Pitney Bowes Inc : Pitney Bowes Inc - CEO Marc Lautenbach's FY 2016 total compensation was $6.04 million versus $10.8 million in FY 2015 - sec filing .Pitney Bowes Inc - CFO Michael Monahan's FY 2016 total compensation was $2.6 million versus $4.4 million in FY 2015.  Full Article

ECOMDASH ANNOUNCES STRATEGIC PARTNERSHIP WITH PITNEY BOWES
Wednesday, 1 Mar 2017 10:17am EST 

Ecomdash:ECOMDASH SAYS STRATEGIC PARTNERSHIP WITH PITNEY BOWES; PARTNERSHIP WILL SEE PITNEY BOWES ADDED TO ECOMDASH'S SUITE OF INTEGRATIONS.  Full Article

Incyte to replace Spectra Energy in S&P 500
Thursday, 23 Feb 2017 05:57pm EST 

: S&P Dow Jones Indices - Incyte will replace Spectra Energy in the S&P 500 effective at the open of trading on February 28 .S&P Dow Jones Indices - CBOE Holdings will replace Pitney Bowes in the S&P 500.  Full Article

Pitney Bowes says Stanley J. Sutula III appointed CFO
Wednesday, 14 Dec 2016 04:15pm EST 

Pitney Bowes Inc : Says Stanley J. Sutula III appointed CFO .Pitney bowes inc - sutula succeeds michael monahan, who will continue with pitney bowes as chief operating officer.  Full Article

Pitney Bowes Parcel Shipping Index forecasts a 20 pct increase in volume by 2018
Tuesday, 15 Nov 2016 06:00am EST 

Pitney Bowes Inc :Pitney Bowes Parcel Shipping Index forecasts a 20 percent increase in volume by 2018.  Full Article

BRIEF-Pitney Bowes Expands Presort Services To Cleveland

* PITNEY BOWES INC - ‍ANNOUNCES ACQUISITION OF PRESORT OPERATIONS OF MILLER'S PRESORT IN CLEVELAND​ Source text for Eikon: Further company coverage: