STOCK TITAN
  1. Home
  2. News
  3. PBI

Pitney Bowes, Inc. - PBI STOCK NEWS

Welcome to our dedicated news page for Pitney Bowes (Ticker: PBI), a resource for investors and traders seeking the latest updates and insights on Pitney Bowes.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pitney Bowes's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pitney Bowes's position in the market.

News
Pitney Bowes Named ‘Best Employer for Diversity’ by Forbes for Sixth Consecutive Year
Rhea-AI Summary
Pitney Bowes has been named to Forbes' Best Employers for Diversity 2024 list for the sixth year in a row, highlighting the company's commitment to diversity and inclusion. The recognition is based on a survey of over 170,000 U.S.-based employees, with Pitney Bowes standing out for its diverse workforce composition, inclusive leadership team, and strong emphasis on diversity and inclusion initiatives. The company has also been previously recognized for its efforts in promoting gender equality and LGBTQ+ workplace inclusion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Pitney Bowes Celebrates 20-Year Partnership with Reading Is Fundamental with 20 Events in 20 Cities
Rhea-AI Summary
Pitney Bowes celebrates its 20-year partnership with Reading Is Fundamental by organizing 20 events in 20 cities across the country. The company is actively involved in promoting children's literacy through volunteer activities and distributing literacy kits to children in need. The partnership has been instrumental in providing books and resources to support reading proficiency among elementary students, with a focus on promoting lifelong learning and opportunity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
partnership
-
News
Pitney Bowes Parcel Shipping Index: Consumer Demand for “Real-Time Retail” Shakes Carrier Market Share
Rhea-AI Summary
Pitney Bowes Inc. released its annual U.S. Parcel Shipping Index, showing a decline in U.S. market parcel revenue for the first time in seven years despite increased parcel volume. Amazon Logistics outperformed UPS and FedEx with a 15.7% volume growth, while USPS remained the market leader. The carrier landscape is shifting towards smaller competitors, with a focus on cost-effective shipping services. Pitney Bowes forecasts U.S. parcel volume to reach between 23 billion and 35 billion by 2029.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Pitney Bowes Recognized by Fortune as One of America’s Most Innovative Companies
Rhea-AI Summary
Pitney Bowes (PBI) has been recognized as one of America's Most Innovative Companies in 2024 by Fortune and Statista Inc. The company's commitment to innovation, spanning over a century, is highlighted through its innovative solutions, services, and internal culture. Pitney Bowes focuses on creating value for clients, improving efficiency, and enhancing business results through technology, process, and business model innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.63%
Tags
none
-
News
Pitney Bowes Announces CFO Transition Process
Rhea-AI Summary
Pitney Bowes appoints John Witek as interim Chief Financial Officer, leveraging his expertise in cost optimization and efficiency. Ana Maria Chadwick to transition to a new role, with Witek ensuring stability and strategic advancement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
-
News
Pitney Bowes Launches New Delivery, Tracking, and Returns Capabilities at Shoptalk 2024
Rhea-AI Summary
Pitney Bowes (NYSE:PBI) announces new ecommerce logistics solutions, including gift tracking and expanded regional delivery services reaching 90% of the US population within 1-3 days. The company launches new tracking and returns capabilities at Shoptalk 2024, aiming to enhance the post-purchase journey for clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.7%
Tags
none
News
Pitney Bowes Declares Common Stock Dividend
Rhea-AI Summary
Pitney Bowes Inc. (PBI) has declared a quarterly cash dividend of $0.05 per share on its common stock, to be paid on March 14, 2024. The company provides technology, logistics, and financial services globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
dividends
-
News
Pitney Bowes Announces Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Pitney Bowes (NYSE: PBI) announced its financial results for Q4 and full year 2023. Revenue for Q4 was $872 million, a 4% decrease, with a GAAP EPS loss of $1.27. Full year revenue was $3.3 billion, an 8% decrease, with a GAAP EPS loss of $2.20. The company reduced total debt by $59 million and refinanced its 2024 notes. SendTech and Presort segments saw revenue declines, while Global Ecommerce experienced strong volumes during peak. The company expects flat to low-single digit revenue decline in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
earnings
-
News
Pitney Bowes and PackageHub© Launch National ‘No-Box/No-Label’ Returns Drop-off Network
Rhea-AI Summary
Pitney Bowes (PBI) announces launch of returns drop-off network with PackageHub, offering no-box and no-label returns at nearly 1,000 locations across the US at no additional cost. Hundreds more locations expected in the coming months, benefiting retailers and consumers. The network is expected to reduce exceptions during processing, fraud, and increase consumer convenience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.6%
Tags
none
News
Pitney Bowes Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index
Rhea-AI Summary
Pitney Bowes (NYSE:PBI) has earned a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index, showcasing its commitment to LGBTQ+ workplace equality. The company's efforts in satisfying all the CEI’s criteria earned it the designation as recipient of the Equality 100 Award: Leader in LGBTQ+ Workplace Inclusion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.18%
Tags
none
Stock PBI logo
Pitney Bowes, Inc.

NYSE:PBI

PBI Rankings

#2637 Ranked by Market Cap
#2089 Ranked by Stock Gains
#683 Ranked by Dividends

PBI Stock Data

718.47M
153.48M
4.1%
70.35%
5.64%
Commercial Photography
Professional, Scientific, and Technical Services
Link
US
Stamford

About PBI

pitney bowes is a global technology company crafting innovative products and solutions that help clients “get it right” in the complex world of commerce in the areas of customer information management, location intelligence, customer engagement, shipping and mailing, and global ecommerce. founded in 1920, pitney bowes operates around the world, delivering accuracy and precision to more than 1.5 million clients. helping clients achieve their greatest digital and physical commerce potential are pitney bowes'​ 15,000+ passionate employees around the world who craft commerce solutions with pride, maintain a relentless pursuit of innovation with over 2,300 active patents, and focus on clients, who are at the center of all that we do - from 90% of the fortune 500, more than 200 retailers and 1.5 million small businesses.