Topic: Pitney Bowes Inc.
The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE: Air Products & Chemicals Inc., down $5.05 at $68.64 The industrial gas supplier made an unsolicited bid of about $5.1 ...
Pitney Bowes Inc. said Thursday that its quarterly profit jumped 33 percent despite a revenue decline. Significantly lower expenses helped the mailing-equipment maker offset the sales shortfall, but the numbers were below Wall Street's forecasts. The company reaffirmed its 2010 forecast, and shares rose after-hours. Murray ...
SAN FRANCISCO (Reuters) - U.S. mail service provider Pitney Bowes Inc <PBI.N> slashed its full-year forecasts and posted weaker-than-expected quarterly results. Pitney Bowes, which competes with France's Neopost <NPOS.PA> to provide mailroom equipment and services, cut its 2009 forecast citing persistent weakness in international markets, longer sales cycles for capital equipment, a slower-than-expected ...
DOG DAYS FOR MONEY MARKET FUNDS
Money market funds, the investments that individuals, companies, and institutions use to stash cash, look like another victim of the financial crisis. As interest rates drop and costs rise, some financial firms have pulled out of the business. That's leaving investors scrambling to find safe and high-yielding alternatives for their money. "It's ...
