4.2300 +0.02 (0.48%)
After hours: 6:31PM EST
|Bid||4.2100 x 4000|
|Ask||4.2900 x 3200|
|Day's Range||4.1500 - 4.5700|
|52 Week Range||3.1400 - 8.3200|
|Beta (5Y Monthly)||1.99|
|PE Ratio (TTM)||15.36|
|Forward Dividend & Yield||0.20 (4.21%)|
|1y Target Est||N/A|
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved dearly, lost nearly 40% of its value at one point in 2018. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 20 S&P 500 […]
Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, data and financial services, today announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Thoroughbred Diagnostic Labs. The company will invest in new laboratory testing equipment to extend the screening services it delivers to its clients.
Moody's Investors Service ("Moody's") affirmed Pitney Bowes Inc.'s ("Pitney Bowes") Ba2 Corporate Family Rating ("CFR") and Ba2-PD Probability of Default Rating ("PDR"). Moody's also assigned a Ba1 rating to Pitney Bowes' proposed $900 million term loan and downgraded ratings on existing senior unsecured notes to Ba3.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Pitney Bowes Inc. New York, November 12, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Pitney Bowes Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service (Moody's) said that Sahara Parent, Inc.'s (Syncsort) announcement of higher pricing on its first lien term loan is a credit negative because it significantly weakens the company's future free cash flow and leaves the company with no room for any execution missteps associated with the carve-out and integration of Software Solutions' business from Pitney Bowes. There is no change to Syncsort's existing ratings, including the B3 Corporate Family Rating, or the stable outlook. Headquartered in Pearl River, New York, Syncsort is a global software company specializing in Big Data, high-speed sorting products, data protection, data quality and integration software and services, for mainframe, power systems and open system environments to enterprise customers.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]
E-commerce and shipping solutions provider Pitney Bowes acknowledged a cyberattack but said critical data wasn't compromised.
Worldwide parcel deliveries will hit 200 billion a year by 2025, more than doubling 2018 totals, with business-to- consumer (B2C) and business-to-business (B2B) shipping expected to show healthy gains, according to Pitney Bowes, Inc.'s (NYSE: PBI) global parcel index released October 10. Global shipping volume is expected to surpass 100 billion parcels by the end of 2020 across the 13 countries that were surveyed, Pitney said. China remained the volume leader last year, handling 51 billion parcels domestically and internationally, four times that of the United States.
Rating Action: Moody's affirms Starfish Holdco's ratings following Pitney Bowes' Software Solutions business acquisition; outlook stable. Global Credit Research- 02 Oct 2019. New York, October 02, 2019-- ...
Pitney Bowes Inc. (NYSE:PBI) shareholders should be happy to see the share price up 12% in the last week. But spare a...
Pitney Bowes (PBI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Moody's Investors Service ("Moody's") said that Starfish Holdco, LLC's (dba "Syncsort", B3 stable) announcement that it will acquire the software solutions business of Pitney Bowes Inc. for $700 million in cash, has no immediate effect on the company's ratings or outlook. Moody's expects that in addition to the sponsor equity contribution, Syncsort will raise a significant amount of additional debt to fund this transaction, which will be credit negative.
Moody's Investors Service (Moody's) said that Pitney Bowes Inc. ("Pitney Bowes", Ba2 stable) recently announced plans to sell its Software Solutions segment for $700 million in cash with the majority of net proceeds being applied to repay near term debt maturities. The pending debt repayment, which we expect will be roughly $600 million, is credit positive and better positions Pitney Bowes to refinance remaining near term debt maturities.
According to a report from Pitney Bowes and Morning Consult, 37% of Gen Z and 28% of Millennials will have all of their holiday shopping done early. Pitney Bowes's Lila Snyder joins Yahoo Finance’s Adam Shapiro to discuss on The Ticker.