Bottom Triangle
Previous Close | 3.3700 |
Open | 3.4400 |
Bid | 3.4600 x 3200 |
Ask | 3.5100 x 3200 |
Day's Range | 3.4100 - 3.5600 |
52 Week Range | 2.3000 - 4.9400 |
Volume | |
Avg. Volume | 1,479,150 |
Market Cap | 611.178M |
Beta (5Y Monthly) | 2.17 |
PE Ratio (TTM) | 69.60 |
EPS (TTM) | 0.0500 |
Earnings Date | Jul 26, 2023 - Jul 31, 2023 |
Forward Dividend & Yield | 0.20 (5.93%) |
Ex-Dividend Date | May 22, 2023 |
1y Target Est | 4.00 |
STAMFORD, Conn., June 01, 2023--Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that the Pitney Bowes Board of Directors has elected Mary J. Steele Guilfoile as Non-Executive Chair of the Board, effective immediately.
STAMFORD, Conn., May 31, 2023--Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has been chosen by the US Navy to support its package distribution transformation by using Pitney Bowes ParcelPoint™ Smart Lockers.
When it comes to very undervalued penny stocks to buy in May, investors have many choices. Run a stock screener, and you’ll find hundreds of stocks, whether on major U.S. exchanges, or in the over-the-counter (OTC) market, that trade at either a low earnings multiple, or a discount to tangible book value. However, there are a few that stand out as strong buys. With some of the stocks in this category, this is due to them having company-specific catalysts in play that could help bridge the gap be
QVT Financial disclosed a large stake in rare-earths miner MP Materials. Hestia Capital won four seats on the board of shipping-services firm Pitney Bowes.
Pitney Bowes CEO Marc Lautenbach retained his board seat despite the election of four Hestia Capital Management candidates. The post Hestia secures 4 Pitney Bowes board seats but CEO holds on appeared first on FreightWaves.
Pitney Bowes Inc on Tuesday said shareholders elected four director candidates proposed by Hestia Capital Management amid a boardroom challenge that criticized the shipping and mailing company's capital allocation and lagging share price. Hestia, which owns 8.5% of the company, nominated five candidates and pushed for the company to explore alternative strategies for the global ecommerce segment and focus on cash-generating segments like its mail aggregation business and postage meter unit. Reuters reported earlier on Tuesday that shareholders were poised to elect the dissident directors.
PITTSBURGH, May 09, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company") and holds a 9.1% stake, today commented on the outcome of the Company’s 2023 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, stockholders voted to elect four of Hestia’s highly qualified and independent candidates – Milena Alberti-Perez, Todd Everett,
STAMFORD, Conn., May 09, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the preliminary results of the Company’s 2023 Annual Meeting of Shareholders (the "Annual Meeting").
NEW YORK (Reuters) -Pitney Bowes Inc on Tuesday said shareholders elected four director candidates proposed by Hestia Capital Management amid a boardroom challenge that criticized the shipping and mailing company's capital allocation and lagging share price. Hestia, which owns 8.5% of the company, nominated five candidates and pushed for the company to explore alternative strategies for the global ecommerce segment and focus on cash-generating segments like its mail aggregation business and postage meter unit. Reuters reported earlier on Tuesday that shareholders were poised to elect the dissident directors.
Pitney Bowes Inc. ( NYSE:PBI ) will pay a dividend of $0.05 on the 8th of June. This makes the dividend yield 6.7...
STAMFORD, Conn., May 05, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued the following statement to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the "Annual Meeting") to be held on May 9, 2023:
Q1 2023 Pitney Bowes Inc Earnings Call
STAMFORD, Conn., May 04, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that its Board of Directors has approved two key governance enhancements. These changes reflect the Company’s ongoing commitment to best corporate governance practices.
STAMFORD, Conn., May 04, 2023--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 8, 2023 to stockholders of record on May 23, 2023.
STAMFORD, Conn., May 04, 2023--Pitney Bowes (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2023.
PITTSBURGH, May 02, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company") and holds a 9.1% stake, today announced that all three independent proxy advisory firms – Egan-Jones Proxy Services ("Egan-Jones"), Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis") – are recommending that the Company’s stockholders vote for mea
Proxy advisory firm Egan Jones on Tuesday recommended Pitney Bowes Inc shareholders to vote for all five dissident nominees that investment firm Hestia Capital has proposed for the board of directors to unlock the shipping and mailing company's full potential. Hestia wants a new board to explore alternative strategies for the global e-commerce segment and focus on cash-generating units such as Presort Services, its mail aggregation business, and SendTech Solutions, its postage meter business. "We strongly believe that the management and the board are clearly executing a failed strategy," Egan Jones said.
PITTSBURGH, May 01, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company"), today commented on Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co.’s ("Glass Lewis") recommendations that Pitney Bowes’ stockholders support meaningful boardroom change at the Company’s 2023 Annual Meeting of Stockholders (the "Annual Meeting"). As a reminde
STAMFORD, Conn., May 01, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced that two of its recently appointed independent directors, Steven D. Brill and J. Darrell Thomas, issued a letter to Pitney Bowes shareholders in connection with the Company’s 2023 Annual Meeting of Shareholders (the "Annual Meeting") to be held on May 9, 2023.
STAMFORD, Conn., April 28, 2023--Pitney Bowes (the "Company") (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today issued the following statement in response to proxy advisory firm Glass, Lewis & Co. ("Glass Lewis") recommendation in connection with the Company’s 2023 Annual Meeting of Shareholders (the "Annual Meeting") to be held on May 9, 2023:
PITTSBURGH, April 27, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company") and has a beneficial ownership position of 8.5% of the Company’s outstanding common stock, today announced that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, has recommended that Pitney Bowes’ stockholders support meaningful boardroom
Institutional Shareholder Services on Wednesday recommended that Pitney Bowes shareholders elect four of the five dissident director candidates investment firm Hestia Capital has proposed, signaling it believes change is needed at the shipping and mailing company. The proxy advisory firm is backing Hestia's chief investment officer, Kurt Wolf, along with three other candidates.
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STAMFORD, Conn., April 20, 2023--Pitney Bowes Inc. (NYSE: PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced the PitneyShip™ Cube is now available for purchase on Amazon. This is the first time a Pitney Bowes product is being offered direct to customers through an independent third-party retailer. The PitneyShip Cube, the first-of-its-kind, all-in-one Wi-Fi enabled thermal shipping label printer with an integrated scale and di
PITTSBURGH, April 19, 2023--Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company") and has a beneficial ownership position of 8.5% of the Company’s outstanding common stock, today released the following statement that was independently prepared by the unaffiliated candidates – Milena Alberti-Perez, Todd Everett, Katie May and Lance Rosenzweig – that Hestia is s