Latest News on PBI

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Pitney Bowes Extends Debt Maturities to 2031

https://www.moomoo.com/news/post/70250817/pitney-bowes-extends-debt-maturities-to-2031?futusource=news_newspage_recommend
Pitney Bowes has successfully extended the maturities of a significant portion of its debt until 2031, effectively addressing upcoming debt obligations. This strategic move strengthens the company's financial position by aligning its credit facilities and notes, providing greater flexibility and stability for future operations. The extension was achieved through an amendment to its credit agreement and an exchange of outstanding notes for new ones.

Pitney Bowes (PBI) price target increased by 18.39% to 17.07

http://www.msn.com/en-us/money/top-stocks/pitney-bowes-pbi-price-target-increased-by-18-39-to-17-07/ar-AA23bIMi?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1
This article reports that the price target for Pitney Bowes (PBI) has been increased by 18.39% to $17.07. The content provided is minimal, offering only this specific financial update.

This Pitney Bowes Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday

https://www.sahmcapital.com/news/content/this-pitney-bowes-analyst-is-no-longer-bearish-here-are-top-5-upgrades-for-monday-2026-05-11
Five companies received analyst upgrades on Monday, with a notable shift in sentiment for Pitney Bowes Inc. A B of A Securities analyst upgraded Pitney Bowes from Underperform to Neutral, raising its price target. Other companies such as Starz Entertainment Corp, Primoris Services Corp, Kodiak Sciences Inc, and StandardAero, Inc. also saw their ratings improve from various Wall Street analysts.

Pitney Bowes Wins IL4 Approval Raising Questions On Valuation And Growth

https://www.sahmcapital.com/news/content/pitney-bowes-wins-il4-approval-raising-questions-on-valuation-and-growth-2026-05-09
Pitney Bowes (NYSE:PBI) has received Impact Level 4 (IL4) Provisional Authorization for its SendPro 360 cloud platform, allowing its use by the U.S. Department of Defense and authorized contractors. This accreditation could lead to new revenue streams and longer-term contracts within federal agencies, influencing the company's valuation. Investors are encouraged to monitor federal customer adoption and software revenue, especially given its current P/E ratio compared to the industry average and its high debt levels.

Pitney Bowes (PBI) To Report Earnings Tomorrow: Here Is What To Expect

https://www.tradingview.com/news/stockstory:e9bd7dcf6094b:0-pitney-bowes-pbi-to-report-earnings-tomorrow-here-is-what-to-expect/
Pitney Bowes (PBI) is set to report earnings tomorrow after market hours. Analysts expect a revenue decline of 3.4% year-on-year, an improvement from the previous quarter's 5.3% decrease. The company has a history of missing Wall Street's revenue estimates, but recent positive sentiment in the industrial & environmental services segment, including an impressive 40.1% increase in PBI's share price over the last month, sets an interesting stage for the upcoming report.
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Pitney Bowes Stock Soars to Day High with Strong Intraday Performance

https://www.marketsmojo.com/news/stocks-in-action/pitney-bowes-stock-soars-to-day-high-with-strong-intraday-performance-3957413
Pitney Bowes, Inc. experienced a significant intraday stock surge, gaining 10.92% to an intraday high of USD 14.82, vastly outperforming the S&P 500. While the company has shown strong short-term performance over various periods, it faces long-term challenges including a negative book value, high debt, and a 48.15% decline in net profit. This highlights the stock's volatility despite its recent gains.

Pitney Bowes stock hits 52-week high at $13.11

https://www.investing.com/news/company-news/pitney-bowes-stock-hits-52week-high-at-1311-93CH-4623950
Pitney Bowes (PBI) stock has reached a new 52-week high of $13.11, reflecting a 67.54% increase over the past year and a 22% year-to-date return. Despite recent mixed earnings results—beating adjusted EPS but missing revenue expectations—analysts consider the stock undervalued, with Citizens raising its price target to $14.00. The company's consistent dividend payments for 56 years further highlight its financial stability and investor appeal.

Pitney Bowes Inc Stock Live Price, Chart, Analysis, News & Forecast – Buy, Sell & Trade US Equities Today

https://www.livemint.com/market/market-stats/us-stocks-pitney-bowes-inc-share-price-pbi
This article provides comprehensive information on Pitney Bowes Inc. (PBI) stock, including its current price of $10.37 as of March 17, 2026, key financial metrics like market capitalization ($1.66 B) and revenue ($1.89 B), and historical performance with significant returns over 1, 3, and 5 years. It also includes analyst ratings, investment options for US stocks, and frequently asked questions about the company.

Pitney Bowes Experiences Revision in Stock Evaluation Amid Market Dynamics

https://www.marketsmojo.com/news/stocks-in-action/pitney-bowes-inc-technical-trend-shifts-from-mildly-bearish-to-sideways-amid-mixed-signals-3866579
Pitney Bowes, Inc. has undergone a stock evaluation revision, with its stock price at $10.73. The company has shown volatility over the past year but has outperformed the S&P 500 across various time frames. Technical indicators present a mixed outlook, with bullish weekly MACD and Bollinger Bands but mildly bearish monthly MACD and daily moving averages.

PBI Technical Analysis & ETF Price Forecast

https://intellectia.ai/etf/PBI/technical
This article provides a technical analysis of Pitney Bowes Inc. (PBI), indicating a "Neutral" overall technical sentiment. Despite the neutral sentiment based on several indicators like RSI and MACD, the moving averages (5-Day, 10-Day, 20-Day, 60-Day, 200-Day, 250-Day) suggest a "Buy" signal given PBI's current share price of $10.56. The article details various technical indicators, support, and resistance levels for PBI.
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PBI6324573 Bond Price and Chart — FINRA:PBI6324573

https://www.tradingview.com/symbols/FINRA-PBI6324573/
This article provides details about the Pitney Bowes Inc. 7.25% 15-MAR-2029 bond (FINRA: PBI6324573). It includes key terms such as outstanding amount, face value, coupon rate, and maturity date, along with issuer information. The article also mentions the availability of advanced bond data upon signup.

Pitney Bowes Introduces New Technology for High-Volume Production Printing and Mailing Solutions

https://www.yahoo.com/2012-10-08-pitney-bowes-introduces-new-technology-for-high-vo.html
Pitney Bowes has unveiled new technology enhancements for its high-volume production printing and mailing solutions, aiming to boost operational savings and improve the quality of color communications for customers. The updates include an in-line envelope converting module, a Print+ Direct Mail™ color inkjet system, enhanced client job tracking for DFWorks® Software, and Intelligent Printer Data Stream compatibility for the IntelliJet 20® Printing System. These innovations are designed to help businesses produce faster, smarter, and more cost-effective customer communications.

Pitney Bowes Charts Cautious Turnaround in Earnings Call

https://www.tipranks.com/news/company-announcements/pitney-bowes-charts-cautious-turnaround-in-earnings-call
Pitney Bowes presented a mixed outlook in its latest earnings call, highlighting leadership upgrades and stabilized Presort trends alongside ongoing revenue pressures in SendTech and restructuring costs. While management expressed cautious optimism, pointing to stronger free cash flow and strategic initiatives, they also acknowledged significant external risks and past missteps that contributed to a steeper-than-typical revenue decline in 2025. The company plans a strategic review in Q2 2026 to further refine its turnaround efforts, with a clearer return to year-over-year growth anticipated in the latter half of 2026.

Pitney Bowes: Fourth Quarter Financial Overview

https://www.bitget.com/amp/news/detail/12560605204796
Pitney Bowes reported a net income of $27.3 million for the fourth quarter, with earnings per share of 17 cents and adjusted earnings of 45 cents per share. The company generated $477.6 million in revenue for the quarter and $1.89 billion for the full year, with a total profit of $144.7 million. Looking ahead, Pitney Bowes projects full-year earnings per share between $1.40 and $1.60 on revenues ranging from $1.76 billion to $1.86 billion.

BofA initiates Pitney Bowes stock with underperform rating

https://m.investing.com/news/analyst-ratings/bofa-initiates-pitney-bowes-stock-with-underperform-rating-93CH-4509122?ampMode=1
BofA Securities initiated coverage on Pitney Bowes Inc. (NYSE:PBI) with an underperform rating and a price target of $9.00, below its current trading price. The firm cited structural headwinds in core mailing businesses and risks to pricing and volume growth. Despite Pitney Bowes' cost-saving efforts and strong gross profit margins, BofA believes that high leverage and operating earning risks following expense cuts will limit future shareholder returns.
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TaxBandits Partners with Pitney Bowes to Streamline Postal Mailing of 1099, W-2, 1042-S, and ACA Recipient Copies

https://www.thenewstribune.com/press-releases/article314458509.html
TaxBandits, a leading e-file provider, has partnered with Pitney Bowes, a global shipping and mailing solutions leader, to streamline the postal mailing of recipient copies for various tax forms like 1099, W-2, 1042-S, and ACA forms. This collaboration aims to provide businesses and tax professionals with a secure, accurate, and timely end-to-end compliance solution, leveraging Pitney Bowes' advanced print network and robust security features without surge fees. The service is available immediately, helping clients meet the February 2 deadline.

WEBTOON, Pitney Bowes, IBM, DXC, and First Advantage Shares Plummet, What You Need To Know

https://www.tradingview.com/news/stockstory:81b8db796094b:0-webtoon-pitney-bowes-ibm-dxc-and-first-advantage-shares-plummet-what-you-need-to-know/
Shares of WEBTOON, Pitney Bowes, IBM, DXC, and First Advantage fell in the afternoon session due to escalating geopolitical tensions between the US and the EU, sparking fears of a renewed trade war and leading to a "risk-off" market mode. The VIX jumped to an eight-week high, indicating rising investor anxiety, particularly affecting mega-cap technology stocks with international operations. Despite the broad market decline, the article notes that significant price drops can create buying opportunities for high-quality stocks, and specifically highlights First Advantage's recent volatility and strong Q3 financial performance that surpassed analyst expectations.

Hestia Capital Management LLC Sells 560,719 Shares of Pitney Bowes Inc. $PBI

https://www.marketbeat.com/instant-alerts/filing-hestia-capital-management-llc-sells-560719-shares-of-pitney-bowes-inc-pbi-2026-01-17/
Hestia Capital Management LLC reduced its stake in Pitney Bowes Inc. by 4.7% in the third quarter, selling 560,719 shares. Despite this sale, Pitney Bowes remains Hestia Capital's largest holding, constituting 83% of its investment portfolio. Analysts currently have a "Moderate Buy" rating on the stock with an average price target of $12.00, and the company recently increased its quarterly dividend.

Why Citizens JMP sees upside in Pitney Bowes with market outperform rating and strategic buybacks

https://www.msn.com/en-us/money/companies/why-citizens-jmp-sees-upside-in-pitney-bowes-with-market-outperform-rating-and-strategic-buybacks/ar-AA1RZtcE?ocid=finance-verthp-feeds
Citizens JMP maintains a Market Outperform rating on Pitney Bowes, citing the company's attractive valuation and ongoing strategic buyback program. Analysts believe that these factors present a compelling investment opportunity despite recent market trends. The report highlights the potential for significant upside in Pitney Bowes shares as the company continues to execute its financial strategy.

Pitney Bowes (NYSE: PBI) starts $75M cash tender offers for long-term notes

https://www.stocktitan.net/news/PBI/pitney-bowes-inc-commences-cash-tender-offers-for-two-series-of-e7pr151mcpj2.html
Pitney Bowes Inc. (NYSE: PBI) has initiated cash tender offers to purchase up to $75 million aggregate principal amount of its outstanding 6.70% Notes due 2043 and 5.250% Medium-Term Notes due 2037. The tender offers are set to expire on December 19, 2025, and are designed to provide holders with an opportunity to sell their notes at specified prices. The company intends to finance these purchases using cash on hand.
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Is It Smart To Buy Pitney Bowes Inc. (NYSE:PBI) Before It Goes Ex-Dividend?

https://simplywall.st/stocks/us/commercial-services/nyse-pbi/pitney-bowes/news/is-it-smart-to-buy-pitney-bowes-inc-nysepbi-before-it-goes-e
Pitney Bowes Inc. (NYSE:PBI) is approaching its ex-dividend date, meaning investors need to purchase shares by November 10th to receive the next US$0.09 dividend, payable December 8th. The company shows a solid trailing yield of 3.3% and a sustainable payout ratio, with dividends covered by both profit (61%) and free cash flow (20%). Despite a historical dividend decline over the past decade, earnings per share have grown annually by 16% over the last five years, suggesting potential for future dividend increases.

PITNEY BOWES INC /DE/ SEC 10-Q Report

https://www.tradingview.com/news/tradingview:7fc452b911694:0-pitney-bowes-inc-de-sec-10-q-report/
Pitney Bowes Inc. has released its Form 10-Q for Q3 2025, reporting a return to profitability with a net income of $52.0 million and diluted EPS of $0.30, compared to a net loss in the prior year. Despite a decrease in total revenue to $459.7 million, the company showed improved operating income and is undergoing a strategic realignment and restructuring plan aimed at future growth and cost savings.

Pitney Bowes expands revolving credit facility to $400 million

https://www.investing.com/news/sec-filings/pitney-bowes-expands-revolving-credit-facility-to-400-million-93CH-4219391
Pitney Bowes Inc. has expanded its revolving credit facility to $400 million by amending its existing credit agreement, adding $135 million to the total commitments. This facility matures in March 2028 and is part of the company's financial strategy. The company also recently completed a $230 million offering of convertible senior notes due 2030 and reported its Q2 2025 earnings.

Activist Investor Who Won Pitney Bowes Proxy Battle Named CEO

https://www.bloomberg.com/news/articles/2025-05-21/activist-hestia-s-kurt-wolf-to-be-named-ceo-of-pitney-bowes
The head of activist investor Hestia Capital Management, Kurt Wolf, has been appointed CEO of Pitney Bowes Inc. Wolf's appointment comes roughly two years after he successfully won board seats for Hestia at the shipping services provider. He replaces Lance Rosenzweig and confirmed a previous Bloomberg News report.

Pitney Bowes Appoints Kurt Wolf as CEO

https://www.citybiz.co/article/697709/pitney-bowes-appoints-kurt-wolf-as-ceo/
Pitney Bowes Inc. (NYSE: PBI) has appointed Kurt Wolf as its new Chief Executive Officer, effective immediately. Wolf, a significant shareholder and architect of the company’s turnaround, succeeds Lance Rosenzweig, who is retiring. The company also announced plans to repurchase $150 million in shares in 2025 and is on track to achieve its 3.0x adjusted leverage ratio target sooner than expected, giving it greater financial flexibility.
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Cloud GIS Market Set for Strong Growth Outlook: Esri, Google, Pitney Bowes

https://www.openpr.com/news/3934558/cloud-gis-market-set-for-strong-growth-outlook-esri-google
The Cloud GIS market is projected to grow at a CAGR of 14.4% from 2025 to 2031, driven by increasing adoption of cloud computing, integration with AI and IoT, and growth in smart city initiatives. Key players in this market include Esri, Google, Hexagon AB, Autodesk, Trimble Inc., and Pitney Bowes. The market study highlights trends, drivers, and opportunities, emphasizing the shift towards scalable, on-demand geospatial solutions.

Pitney Bowes Enhances Ecommerce Shipping with ShipAccel

https://www.businesswire.com/news/home/20240923002401/en/Pitney-Bowes-Enhances-Ecommerce-Shipping-with-ShipAccel
Pitney Bowes launched ShipAccel, a new digital platform designed to simplify and enhance shipping operations for ecommerce businesses of all sizes. The solution, which leverages Pitney Bowes' Shipping 360 platform, offers features like seamless integration with carriers and marketplaces, automation for rate comparison and label generation, real-time insights, branded tracking, and cost savings on shipping rates. ShipAccel aims to help businesses optimize shipping strategies, reduce costs, and improve customer experiences.

Who Owns Bose, And Where Are Its Products Made?

https://www.slashgear.com/1728113/who-owns-bose-speakers-where-made/
Bose Corporation, a leading audio equipment manufacturer, is currently controlled by the Massachusetts Institute of Technology (MIT) after its founder, Dr. Amar Gopal Bose, donated a majority of non-voting shares to the institution in 2011. While the company maintains manufacturing facilities in the U.S. (Massachusetts), Mexico, China, and Malaysia, its corporate headquarters remain in Framingham, Massachusetts. Dr. Amar Bose, an MIT alumnus, founded the company in 1964 and was responsible for numerous audio technology breakthroughs, including noise-canceling headphones and QuietComfort technology, before his passing in 2013.

Pitney Bowes Stock: Turnaround Is Imminent (NYSE:PBI)

https://seekingalpha.com/article/4742241-pitney-bowes-turnaround-is-imminent
Pitney Bowes (PBI) is undergoing a turnaround under new management, which is expected to improve business fundamentals and lead to a market reevaluation. The company's exit from GEC and successful deleveraging are key factors contributing to this positive outlook. Despite strong year-to-date performance, the stock's valuation remains attractive as the market underappreciates the progress made.

FedEx rolls out rate discounts through Pitney Bowes, Auctane platforms

https://www.supplychaindive.com/news/fedex-pitney-bowes-auctane-shipping-rate-discounts/732018/
FedEx has partnered with Pitney Bowes and Auctane to offer discounted shipping rates to their e-commerce business users. These agreements aim to help FedEx attract more small and medium-sized businesses by providing access to lower shipping costs, which previously posed a challenge against competitors like UPS. The discounts, some up to 90%, are accessible through platforms like ShipAccel and Auctane's product suite including ShipStation and Stamps.com.
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Pitney Bowes Appoints Lance Rosenzweig as CEO

https://www.citybiz.co/article/619251/pitney-bowes-appoints-lance-rosenzweig-as-ceo-2/
Pitney Bowes Inc. announced the appointment of Lance Rosenzweig as its permanent Chief Executive Officer, effective immediately. The Board of Directors also appointed Milena Alberti-Perez as non-executive Chair and added Paul Evans, Catherine Levene, and Julie Schoenfeld as new directors. These leadership changes are intended to drive the company's transformation, focusing on cash management, deleveraging, and maximizing shareholder value.

Pitney Bowes launches e-commerce shipping platform

https://www.supplychaindive.com/news/pitney-bowes-e-commerce-shipaccel/729203/
Pitney Bowes has introduced ShipAccel, a new e-commerce shipping platform designed to enhance shipping operations for businesses. The platform offers discounted rates from major carriers, integrates with popular e-commerce marketplaces, and allows for carrier performance evaluation, rate comparison, and branded tracking. Pitney Bowes aims to differentiate ShipAccel through its scalability, catering to businesses from small shippers to large-volume operations, and plans to introduce new features like cartonization.

Pitney Bowes Global Ecommerce’s shutdown will shake up carrier mixes

https://www.supplychaindive.com/news/pitney-bowes-global-ecommerce-delivery-alternative-options/724760/
The shutdown of Pitney Bowes Global Ecommerce (GEC), which offered low shipping rates, will force many shippers to adjust their carrier mixes. Experts suggest that shippers with multi-carrier strategies will experience minimal disruption, while others will need to find new providers, potentially turning to shipping consolidators, national carriers like FedEx and UPS, or direct contracts with the U.S. Postal Service. The liquidation of GEC is expected to conclude early next year, impacting services like Domestic Forward Standard Delivery and Domestic Cross-Border U.S. Outbound.

Meet The Attys Behind The Pitney Bowes E-Commerce Ch. 11

https://www.law360.com/bankruptcy-authority/articles/1871329/meet-the-attys-behind-the-pitney-bowes-e-commerce-ch-11
DRF Logistics, the former e-commerce division of Pitney Bowes, has filed for Chapter 11 bankruptcy in Texas, intending to shut down operations due to substantial past losses. The article provides an overview of the bankruptcy case and related information. Access to the full details and the attorneys involved requires registration.

Pitney Bowes laying off 236 people as it closes e-commerce hub in Bloomington

https://www.sbsun.com/2024/08/13/pitney-bowes-laying-off-236-people-as-it-closes-bloomington-e-commerce-hub/
Pitney Bowes is laying off 236 employees in Bloomington, effective October 8, as it closes its e-commerce logistics business due to bankruptcy. The company lost $136 million last year in this segment and has filed for Chapter 11, with similar closures and layoffs also occurring at another facility in Stockton. Most affected jobs are package handlers and forklift operators.
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Pitney Bowes’ e-commerce logistics unit shutting down

https://www.supplychaindive.com/news/pitney-bowes-e-commerce-logistics-unit-shutter-bankruptcy/723815/
Pitney Bowes' e-commerce logistics unit, Global Ecommerce (GEC), is shutting down its parcel delivery and returns services. The company sold a majority interest to Hilco Global for liquidation through Chapter 11 bankruptcy due to sustained losses and investor pressure, despite quarterly revenue growth. Pitney Bowes will assist shippers in transitioning to other providers, with most GEC services ceasing by mid-August and the full wind-down expected early next year.

Pitney Bowes sells controlling interest in Global Ecommerce entities to Hilco Commercial Industrial

https://seekingalpha.com/news/4137696-pitney-bowes-sells-controlling-interest-in-global-ecommerce-entities-to-hilco-commercial-industrial
Pitney Bowes has announced the sale of a controlling interest in most of its U.S. Global E-commerce (GEC) segment entities to Hilco Commercial Industrial, an affiliate of Hilco Global. The transaction was revealed on Thursday, August 8, 2024. This move allows Pitney Bowes to divest a substantial portion of its GEC operations.

Parcel carrier Jitsu launches Detroit delivery coverage

https://www.supplychaindive.com/news/jitsu-detroit-delivery-coverage-expansion-midwest/719685/
Jitsu, formerly AxleHire, has expanded its last-mile delivery services to the Detroit metropolitan area, marking its 23rd U.S. metro area of operation. The company is actively growing its presence in the Midwest, having opened a sortation center in Highland Park, Michigan, with plans to expand to other cities like Cleveland, Indianapolis, and Columbus, Ohio. This expansion aims to capture more market share from larger carriers like FedEx and UPS by meeting shipper demand and diversifying its client base beyond its initial focus on meal kit providers.

Insulet names Ana Maria Chadwick CFO

https://www.medtechdive.com/news/insulet-ana-maria-chadwick-cfo/710938/
Insulet has appointed Ana Maria Chadwick as its new CFO, filling the vacancy left by Wayde McMillan's departure for 3M's health spinoff last year. Chadwick, formerly CFO at Pitney Bowes and with 27 years at GE, will start her new role on April 22. Insulet's CEO, Jim Hollingshead, highlighted her experience and leadership qualities.

Better shipping contracts benefit BarkBox owner

https://www.supplychaindive.com/news/bark-shipping-contract-reduced-costs-q3-2024-qurate-retail-figs/709926/
Bark, the company behind BarkBox, significantly reduced its shipping and fulfillment expenses by $5.8 million in the quarter ending December 31st, thanks to more favorable shipping contracts. This reduction was also aided by lower demand and a strategic consolidation of carriers. Other companies like Macy's, Rent the Runway, Qurate Retail, and Figs have also seen improved shipping costs due to renegotiated contracts and a more amenable pricing environment from carriers.
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How the Pitney Bowes No-Box/No-Label Returns Service Works

https://www.kiplinger.com/personal-finance/online-shopping/pitney-bowes-no-box-no-label-returns
Pitney Bowes and PackageHub have partnered to launch a no-box/no-label returns service, establishing a network of nearly 1,000 drop-off locations nationwide. This service allows consumers to return e-commerce purchases without needing to package or label items, simply by using a QR code. The companies aim to simplify the returns process for both merchants and consumers, joining other major players like Amazon and Uber in offering convenient return options.

Pitney Bowes and PackageHub© Launch National ‘No-Box/No-Label’ Returns Drop-off Network

https://www.businesswire.com/news/home/20240103008525/en/Pitney-Bowes-and-PackageHub-Launch-National-No-BoxNo-Label-Returns-Drop-off-Network
Pitney Bowes and PackageHub have partnered to launch a national "no-box/no-label" returns drop-off network, offering convenient returns at nearly 1,000 locations across the U.S. at no extra cost to retailers or consumers. This expansion, particularly timely for the returns season, aims to reduce processing exceptions and fraud while increasing consumer convenience. The network significantly expands Pitney Bowes' existing returns services, making it more comprehensive for ecommerce brands.

DFW Park 161 announces tenant, strengthening impressive roster

https://www.jll.com/en-us/newsroom/dfw-park-161-announces-tenant-strengthening-impressive-roster
DFW Park 161 has announced LKQ as its latest tenant, signing a lease for 523,260 square feet at Logistics Center 12 within the master-planned industrial park. This addition reinforces the park's strong tenant roster, which already includes major companies like Amazon and Pitney Bowes. The park's strategic location, Class A facilities, and tax incentives contribute to its appeal, with strong leasing velocity and remaining space attracting significant interest.

Pitney Bowes Parcel Shipping Index Reveals India Leading Global E-commerce Surge with 18% Parcel Volume Growth in 2022

https://www.prnewswire.com/in/news-releases/pitney-bowes-parcel-shipping-index-reveals-india-leading-global-e-commerce-surge-with-18-parcel-volume-growth-in-2022-301896582.html
A new report from Pitney Bowes indicates that India experienced an 18% growth in parcel volumes in 2022, leading global e-commerce. This surge pushed India's per capita parcel volume from 7% in 2021 to 16% in 2022, with the country shipping 3.2 billion parcels annually. The global parcel volume only increased by 1%, largely due to lockdowns in China, positioning India as a key player in the booming e-commerce market.

PR News | Longacre Backs Hestia in PB Proxy Fight Win - Wed., May 10, 2023

https://www.odwyerpr.com/story/public/19581/2023-05-10/longacre-backs-hestia-pb-proxy-fight-win.html
Longacre Square Partners successfully represented Hestia Capital Management in its proxy fight against Pitney Bowes. Following new SEC rules allowing greater investor influence, shareholders voted to support four of Hestia’s five nominees to PB's nine-member board. Both Pitney Bowes and Hestia expressed a commitment to work constructively towards generating value for the company and its shareholders.
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Hedge Fund Hestia Wins Four Seats on Pitney Bowes Board

https://www.wsj.com/articles/hedge-fund-hestia-wins-four-seats-on-pitney-bowes-board-7bc0edc1?gaa_at=eafs&gaa_n=AWEtsqeV5MaVwtqoB3DWfImqT8yhE3JHKqnLcf-r9Mrdp3VYs4yQvSEwzmsa&gaa_ts=699a59a0&gaa_sig=FF0KR1xiYjL3uWc8SMlsxBuTjcalnaws9f4tS43J6iblDZJ0FgchhjDYBU7N_9Gt2cn8IEBJlu_yyBbHI42NMQ%3D%3D
Hedge fund Hestia Capital Management has secured four out of nine seats on the Pitney Bowes board of directors. Hestia, known for its involvement with GameStop, aims to reshape the strategic direction of the shipping-services company. This victory follows a preliminary vote count showing shareholders largely supported Hestia's nominees.

Independent Directors Steven D. Brill and J. Darrell Thomas Issue Letter to Pitney Bowes Shareholders

https://www.businesswire.com/news/home/20230501005298/en/Independent-Directors-Steven-D.-Brill-and-J.-Darrell-Thomas-Issue-Letter-to-Pitney-Bowes-Shareholders
Independent Directors Steven D. Brill and J. Darrell Thomas of Pitney Bowes issued a letter to shareholders ahead of the 2023 Annual Meeting to be held on May 9, 2023. They emphasized the strength, independence, and diversity of the current Board, highlighting the value of experienced members and new perspectives. The directors urged shareholders to vote FOR all Pitney Bowes' eight director nominees, including Katie May, on the GOLD proxy card, particularly noting the strategic progress and potential of the Global Ecommerce (GEC) business.

Dollar General names new chief financial officer

https://www.bizjournals.com/triangle/bizwomen/news/latest-news/2023/04/dollar-general-names-new-chief-financial-officer.html
Dollar General has promoted Kelly Dilts to executive vice president and chief financial officer, effective May 1. Dilts previously held senior finance roles at Tailored Brands Inc. and Francesca’s Holdings Corporation before joining Dollar General in 2019. Current CFO John Garratt will retain his president role until his planned retirement in June.

Pitney Bowes PitneyShip Cube Now Available for Purchase on Amazon

https://www.businesswire.com/news/home/20230420005150/en/Pitney-Bowes-PitneyShip-Cube-Now-Available-for-Purchase-on-Amazon
Pitney Bowes has announced that its award-winning PitneyShip™ Cube is now available for purchase on Amazon, marking the first time a Pitney Bowes product is sold directly to customers through an independent third-party retailer. This all-in-one Wi-Fi-enabled thermal shipping label printer with an integrated scale and direct mobile printing aims to simplify shipping for e-commerce and office users by saving time, space, and costs. The device, coupled with PitneyShip software, allows users to process orders, compare shipping rates, print labels, and track packages from a compact unit.

Pitney Bowes Parcel Shipping Index Finds US Volumes One Year and One Billion Parcels Ahead of Pre-Pandemic Forecast

https://www.businesswire.com/news/home/20230328005199/en/Pitney-Bowes-Parcel-Shipping-Index-Finds-US-Volumes-One-Year-and-One-Billion-Parcels-Ahead-of-Pre-Pandemic-Forecast
The 2022 Pitney Bowes Parcel Shipping Index reveals that while US parcel volumes saw a 2% decrease in 2022, they remain significantly higher than pre-pandemic forecasts, being one year and 1.1 billion parcels ahead of earlier predictions. Carrier revenues reached a record-breaking $198 billion, a 6.5% increase from 2021, and Pitney Bowes forecasts US parcel volume to reach 28 billion by 2028 with a 5% CAGR. This indicates strong resilience and adaptation within the shipping industry despite economic challenges.
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