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Pitney Bowes News (NYSE:PBI)

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09/23/20249:00AMBWPitney Bowes Enhances Ecommerce Shipping with ShipAccel
New solution leverages extensive history of innovation to better serve growing ecommerce market Pitney Bowes (NYSE: PBI), a global shipping and mailing company, today announced the launch of ShipAccel, a digital platform designed to simplify and enhance shipping operations with advanced ecommerce technology. This launch... More...>>
08/12/20245:46AMIHMARKETNEWSStarbucks Rises 3%; Disney Unveils New Films and Expansions; Uber CEO Questions Tesla Robotaxi Viability, and More
Starbucks (NASDAQ:SBUX) – Activist fund Starboard Value has acquired a stake in Starbucks and wants the company to take steps to boost its stock price. The size of the stake and specific demands were not disclosed. Starboard has not yet made formal demands. Shares rose 2.9% pre-market. Walt Disney (NYSE:DIS) –... More...>>
08/08/20245:01PMBWPitney Bowes Declares Common Stock Dividend
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... More...>>
08/08/20245:00PMBWPitney Bowes Announces Financial Results for Second Quarter of Fiscal Year 2024 and Provides a Progress Update on Strategic Initiatives
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... More...>>
08/08/20244:55PMBWPitney Bowes Announces Value-Maximizing Exit Path for Global Ecommerce Segment
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... More...>>
07/29/20248:00AMBWPitney Bowes Announces Date for Second Quarter 2024 Earnings Release and Conference Call
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... More...>>
07/02/20248:00AMBWPitney Bowes Announces Leadership Transition in Global Ecommerce Segment
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... More...>>
07/01/20248:00AMBWPitney Bowes Provides Update on Accelerated Progress of Cost Rationalization Program and Increases Savings Targets
Management has Expeditiously Implemented ~$70 Million in Cost Reductions Over the Past Month and Identified New Opportunities for Strengthening Pitney Bowes The Cost Rationalization Program’s Increased Savings Target is $120 Million to $160 Million, Up from $60 Million to $100 Million Pitney Bowes Inc. (NYSE: PBI) (“Pitney... More...>>
06/03/202410:00AMBWPitney Bowes Opens New Presort Services Operating Center Serving St. Louis Market
Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the opening of a new 45,000 square foot Presort Services operating center serving the St. Louis, MO market. The new highly automated facility, located at 13955 Riverport Place... More...>>
05/28/20249:00AMBWPitney Bowes to Host Investor Conference Call
Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics and financial services, will host an investor conference call at 8:00 AM ET on Wednesday, May 29, to introduce the Company’s newly appointed interim CEO, Lance Rosenzweig... More...>>
05/22/20247:00AMBWPitney Bowes Announces Leadership Transition and New Initiatives to Accelerate Value Creation
Appoints Lance Rosenzweig, an Experienced Corporate Leader with a Background Driving Efficiencies and Simplifying Corporate Structures, as Interim CEO Company to Target Additional Annualized Cost Savings of $60M-$100M as well as Balance Sheet and Cash Management Improvements to Expedite the Paydown of High-Cost Debt Board... More...>>
05/02/20247:10AMBWPitney Bowes Declares Common Stock Dividend
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 June 7, 2024 to stockholders... More...>>
05/02/20247:00AMBWPitney Bowes Announces First Quarter 2024 Financial Results
Pitney Bowes (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2024. Jason Dies, Interim Chief Executive Officer, commented: “We came out of the gate strong... More...>>
04/23/202410:22AMBWPitney Bowes Named ‘Best Employer for Diversity’ by Forbes for Sixth Consecutive Year
Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been named to Forbes’ Best Employers for Diversity 2024 list for the sixth consecutive year. In collaboration with analytics firm Statista, Forbes identified the Best Employers... More...>>
04/18/20249:00AMBWPitney Bowes Celebrates 20-Year Partnership with Reading Is Fundamental with 20 Events in 20 Cities
Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, is proud to announce a series of hands-on volunteer activities in celebration of the 20th anniversary of its partnership with Reading Is Fundamental (RIF), the nation’s leading children’s literacy... More...>>
04/17/20247:00AMBWPitney Bowes Parcel Shipping Index: Consumer Demand for “Real-Time Retail” Shakes Carrier Market Share
U.S. Market Parcel Revenue Sees First Decline in Seven Years Despite Increased Parcel Volume Pitney Bowes Inc. (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today released its annual U.S. Parcel Shipping Index, which revealed significant shifts in the carrier... More...>>
04/10/20241:00PMBWPitney Bowes Recognized by Fortune as One of America’s Most Innovative Companies
America’s Most Innovative Companies honors the 200 companies transforming industries from the inside out. Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been named to Fortune’s 2024 America’s Most Innovative Companies... More...>>
03/19/20249:00AMBWPitney Bowes Announces CFO Transition Process
John Witek, the Company’s Most Recent Head of Global Business Services and SendTech’s Former Chief Financial Officer, to Serve as Interim Chief Financial Officer, Pitney Bowes Mr. Witek Brings Expertise in Optimizing Cost and Realizing Efficiencies That Will Support Go-Forward Goals Pitney Bowes Inc. (NYSE: PBI) (“Pitney... More...>>
03/18/20241:32PMBWPitney Bowes Launches New Delivery, Tracking, and Returns Capabilities at Shoptalk 2024
The Company’s latest ecommerce logistics solutions include new gift tracking, customer service returns and expanded regional delivery service, which now reaches 90% of the population in the United States within 1-3 days. Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics... More...>>
02/01/20247:10AMBWPitney Bowes Declares Common Stock Dividend
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 March 14, 2024 to stockholders... More...>>