Headquartered in Shelton, CT Fiscal year ends December NYSE: PBI pitneybowes.com
Pitney Bowes is a technology-driven company that provides digital shipping solutions, mailing innovation and financial services. Its clients range from small businesses to large enterprises and government entities, including more than 90 percent of the Fortune 500.
It operates two reportable segments:
- **SendTech Solutions** offers physical and digital shipping and mailing technology, financing, services, supplies and related applications. Its customers are small and medium businesses, retail, enterprise and government clients worldwide, using these tools for sending, tracking and receiving letters, parcels and flats.
- **Presort Services** provides mail sortation that lets clients qualify for USPS workshare discounts on First Class Mail, Marketing Mail, Marketing Mail Flats and Bound Printed Matter.
The company also operates Pitney Bowes Bank, which holds customer deposits and is piloting new lending products. Management plans to report the bank as an independent segment starting in 2027.
The company has exited its former Global eCommerce segment. Under CEO Kurt Wolf, it is focused on:
- cost reduction
- debt reduction and share repurchases
- reinvigorating Presort after a major competitor's exit
- rebuilding SendTech's product and service offerings
Its board is conducting a strategic review of potential alternatives. The company has more than 6,000 team members. Updated
Selling assets can keep a dividend alive for a while, but every sale shrinks the pool of what remains. These six companies have been leaning on divestitures to fund their payouts, and…
Pre-Market Stock Futures: Futures are trading lower as we get set to start the new trading week, as reports indicate that President Trump declined Iran’s counteroffer for peace. This comes after a…
Not every great industrial stock trades at a household name. Some of the most consistent compounders are hiding in plain sight, doing unglamorous work like printing labels, sorting mail, or pressing metal…
Pre-Market Stock Futures: Futures are trading lower on Wednesday after an ADP report showing job losses, following a stellar day across Wall Street on Tuesday. All of the major indices finished the…
Pre-Market Futures: The futures are trading mixed as we prepare to start the new week and month, with the NASDAQ once again leading the way higher. After a bleak trading day on…
Ambarella, Vodafone, JD.com, and Pitney Bowes all posted new 52-week lows Friday.
U.S. Silica Holdings, L Brands, Pitney Bowes, and Grupo Supervielle all posted new 52-week lows Wednesday.
Rite Aid, Pitney Bowes, Plug Power, and Infosys all posted new 52-lows on Wednesday.
Monday's top analyst upgrades, downgrades and initiations include EMC, Herbalife, Micron Technology, Petrobras and SanDisk.
Wednesday, Borderfree reported its first-quarter financial results and at the same time announced an agreement to an acquisition by Pitney Bowes.
Chris Lange Piper Jaffray thinks that quality stocks in the outsourcing, facilities and professional services universe can provide healthy sources of income yield.
ThinkstockFebruary 2, 2015: Here are four stocks among the 144 equities making new 52-week lows today. Beazer Homes USA Inc. (NYSE: BZH) dropped more than 9% on Monday to post a new…
Shares of Pitney Bowes took another run at their 52-week high Monday morning. This came in the wake of a positive Barron's article over the weekend.
thinkstockHere are the five biggest gaining stocks in today’s U.S. markets at closing: Transition Therapeutics Inc. (NASDAQ: TTHI) is up 37.8% at $3.10. Digital Ally Inc. (NASDAQ: DGLY) is up 35.8% at…
U.S. equity markets opened mixed this morning as investors weighed conflicting data from the U.S., Europe, and Asia. In Europe, retail sales declined more than expected in Germany, Italy’s unemployment rate remained…
Pitney Bowes is a technology-driven company that provides digital shipping solutions, mailing innovation and financial services. Its clients range from small businesses to large enterprises and government entities, including more than 90 percent of the Fortune 500.
The Wall Street consensus 12-month price target for PBI is $19.72.
