Page 20 - Pitney Bowe News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares of Pitney Bowes (NYSE:PBI), a small-cap provider of postal delivery solutions, isn't the kind of stock you'd ordinarily expect to blow up 50% in a day, but that's precisely what we're seeing this afternoon: Pitney Bowes stock, up 52% as of 2:45 p.m. EST. The question is why? So what Is it earnings? Pitney Bowes is scheduled to report its fourth-quarter numbers in just one week, after all, on Feb. 2. But analysts are forecasting profits of just $0.10 per share, or 29% below what the company earned a year ago, despite sales growing 13%.   That hardly seems like anything to get excited ...

It's a post-Christmas miracle for Pitney Bowes (NYSE:PBI) shareholders. In a press release this morning, the postal services facilitator announced that it will be reinstating higher prices for its standard and cross-border delivery services, initially introduced during the peak 2020 shipping season, effective Jan. 25, 2021, and keeping those prices "in effect until further notice." Shareholders responded by bidding up Pitney Bowes' stock price by an incredible 18% through 1 p.m. EST. Image source: Getty Images. So what "2020 was a record year for delivery volumes," explained the company in i...

equity right now. five major mortgage lenders today reaching a landmark settlement with state and federal officials over foreclosure abuses. i'll be talking with one of the key white house officials behind the deal. housing and urban development director shaun donovan is here today. the dow jones industrial average up about 7.5 points, well off the highs of the day. volume once again on the light side. 12,081 last trade on the dow. the winner on the session, nasdaq at 2,927. the s&p 500 flat on the session, up a fraction, 2 points at 1,351. let's get to bob pisani right now. he has t...

officials have agreed on austerity measures and securing the rescue package from the eu and imf that they've been aiming for. however, we've only seen leadership from the technology sector today. that's helping to drive the gain in the nasdaq, especially, which we'll talk about. speaking of technology, apple shares up nearly 4% again today. the move helping that tech giant reach striking distance of $500 a share. apple is higher on the back of upbeat analyst comments, and speculation about a march announcement about i pad 3. more on that story straight ahead here. maria? >> let's tak...