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Pitney Bowes Inc (PBI.N)

PBI.N on New York Stock Exchange

9.83USD
22 Nov 2017
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Thu, Nov 2 2017

Fitch: Pitney Bowes' Ratings Unaffected by Strategic Review Announcement

(The following statement was released by the rating agency) NEW YORK, November 02 (Fitch) According to Fitch Ratings, Pitney Bowes Inc.'s (PBI) ratings, including the 'BBB-' Long-Term Issuer Default Rating (IDR), are unaffected by the company's announcement that it is undergoing a review of strategic alternatives to enhance shareholder value. The Rating Outlook is Negative. Fitch does not believe the strategic review will result in actions that could lead to a downgrade to below investment grade

BRIEF-Pitney Bowes Q3 adjusted earnings per share $0.33

* Pitney Bowes announces third quarter 2017 financial results

BRIEF-Pitney Bowes announces redemption price for outstanding 4.75 pct notes due 2018

* Pitney Bowes Inc. announces redemption price for outstanding 4.75% notes due 2018

BRIEF-Pitney Bowes extends global alliance with HP

* Pitney Bowes extends global strategic alliance with HP Source text for Eikon: Further company coverage:

BRIEF-Pitney Bowes files prospectus supplement related to potential notes offering, size not disclosed

* Pitney Bowes Inc files prospectus supplement related to potential notes offering; Size not disclosed - SEC filing‍​ Source text (http://bit.ly/2j75Y4R) Further company coverage:

BRIEF-Pitney Bowes acquires Newgistics Inc for about $475 million

* Says expands capabilities in growing ecommerce and parcel services space with acquisition of Newgistics Inc

BRIEF-Pitney Bowes reports Q2 EPS $0.26

* Pitney Bowes announces second quarter 2017 financial results

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