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The Latest Breaking News from Pitney Bowes Inc

3 Under-$10 Tech Stocks Primed for Explosive Growth

In today's tech-driven world, global enterprises increasingly depend on technology services, products, and hardware, driving tech sales and creating lucrative investment opportunities. Therefore, investors might consider buying strong tech stocks Viavi Solutions (VIAV), Pitney Bowes (PBI), and Sabre (SABR), all of which are under $10 and poised for significant growth.…

3 Undervalued Stocks With High Growth Potential

3 Undervalued Stocks With High Growth Potential

Growth investing is becoming a popular trend, owing to the expectations of interest rate cuts stabilizing economic conditions and the potential for substantial long-term returns, positioning investors to capitalize on these investments. Given this backdrop, investors could consider buying undervalued stocks such as Aptiv (APTV), Pitney Bowes (PBI), and Yext,…

3 Tech Stocks Set to Outpace AAPL's Performance in December

3 Tech Stocks Set to Outpace AAPL's Performance in December

Despite solid growth in global iPhone sales and services revenue in the last reported quarter, Apple's (AAPL) other product categories saw a decline in revenue year-over-year. Given its expensive valuation, uncertain growth outlook and the slowdown in smartphone sales, fundamentally strong tech stocks Lenovo Group (LNVGY), Pitney Bowes (PBI), and…

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3 Stocks That Are Too Cheap to Ignore

Amid the macroeconomic headwinds, the heightened investor concerns have triggered a broad sell-off, dragging down prices of several quality stocks. Fundamentally sound stocks Telefonaktiebolaget (ERIC), Pitney Bowes (PBI), and Telefónica (TEF), which are currently trading at significant discounts to their peers, could be solid investments now. Read on….

Globl-E Online Bolsters Platform Offering For Enterprise Brands - Read How

Global-E Online Ltd (NASDAQ:GLBE) has entered into a definitive agreement with Pitney Bowes Inc (NYSE:PBI) to acquire Borderfree cross-border eCommerce solutions business for about $100 million in cash. Borderfree helps retailers enter new global markets by localizing their domestic websites in 200+ countries and territories. The acquisition is expected to strengthen Global-E's platform offering for…

Pitney Bowes SendPro 360 Achieves FedRAMP Security Authorization

Pitney Bowes Inc. (NYSE:PBI) has achieved U.S. Federal Risk and Authorization Management Program (FedRAMP) authorization for the SendPro 360 solution, its next-generation sending and receiving platform. Pitney Bowes' FedRAMP authorization demonstrates its commitment to data security within its SendPro 360 platform and its ongoing dedication to its federal government clients. The U.S. Department…

Why Pitney Bowes Shares Are Trading Higher Today

Pitney Bowes Inc (NYSE:PBI) reported first-quarter FY22 sales growth of 1.3% year-on-year to $926.94 million, missing the consensus of $931.76 million. Global Ecommerce revenue grew 1% Y/Y to $419 million, Presort services increased 12% to $161 million, and SendTech Solutions declined 3% to $348 million. Total costs and expenses declined 5.7% Y/Y to…

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Pitney Bowes Financial Inks Term Loan With Zion Delivery Service

Pitney Bowes Financial Inks Term Loan With Zion Delivery Service

Pitney Bowes Inc's (NYSE:PBI) Pitney Bowes Bank signed a term loan and accompanying revolving line of credit with Zion Delivery Service, Inc (ZDS) of Long Beach, California. ZDS specializes in Last-Mile Delivery support for large national and regional carriers in Los Angeles County, Orange County, and other markets across Southern California. The credit…

Pitney Bowes Stock Plunges As Supply Chain Constraints Affect Q4 Earnings

Pitney Bowes Stock Plunges As Supply Chain Constraints Affect Q4 Earnings

Pitney Bowes Inc (NYSE:PBI) reported a fourth-quarter FY21 sales decline of 4.3% year-on-year, to $983.7 million, beating the analyst consensus of $961.63 million. Global Ecommerce revenue fell 9% Y/Y to $473 million, Presort services increased 16% to $156 million, and SendTech Solutions declined 6% to $354 million. Total costs and expenses declined 2.8%…

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