Breaking News Instant updates and real-time market news.

PBI

Pitney Bowes

$4.85

0.145 (3.08%)

12:13
12/02/19
12/02
12:13
12/02/19
12:13

Pitney Bowes completes sale of software business to Syncsort for $700M in cash

Pitney Bowes announced that the previously disclosed sale of its Software Solutions Business to Syncsort for $700M in cash has been completed, with the exception of its software and data business in Australia, which is expected to close in Q1 of 2020, subject to regulatory approval. Net proceeds from the sale, after closing costs, transaction fees and taxes will primarily be used to pay down debt. In Q3 and Q4, the company repaid term loans, secured a new Term Loan A and replaced its revolving credit facility. The company first announced the sale of its Software Solutions Business to Syncsort in August 2019.

PBI Pitney Bowes
$4.85

0.145 (3.08%)

02/04/19
LOOP
02/04/19
NO CHANGE
Target $8
LOOP
Hold
Pitney Bowes well positioned for organic revenue growth, says Loop Capital
Loop Capital analyst Ananda Baruah kept his Hold rating and $8 price target on Pitney Bowes ahead of its earnings tomorrow, but says the company remains well positioned "to generate consistent organic revenue growth". The analyst cites the company's recent combination of divestitures and acquisitions, adding that its valuation may also prove to be "very attractive" at less than 5-times earnings and free cash flows multiple.
02/06/19
NRCS
02/06/19
DOWNGRADE
NRCS
Neutral
Pitney Bowes downgraded to Neutral from Buy at Northcoast
10/24/19
NATL
10/24/19
INITIATION
Target $7
NATL
Buy
Pitney Bowes initiated with a Buy at National Securities
National Securities analyst Allen Klee initiated coverage of Pitney Bowes with a Buy rating and $7 price target.
10/24/19
10/24/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Peloton (PTON) initiated with an Outperform at Bernstein. 2. Lyft (LYFT) initiated with an Equal Weight at Morgan Stanley. 3. Nektar (NKTR) initiated with a Perform at Oppenheimer. 4. Kellogg (K) initiated with an In Line at Evercore ISI. 5. Pitney Bowes (PBI) initiated with a Buy at National Securities. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

HOME

At Home Group

$6.02

-0.31 (-4.90%)

11:25
12/10/19
12/10
11:25
12/10/19
11:25
Options
At Home Group call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:20
12/10/19
12/10
11:20
12/10/19
11:20
General news
Treasury announced $75 B in 4- and 8-week bill auctions for Thursday »

Treasury announced $75 B…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
12/10/19
12/10
11:17
12/10/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
12/10/19
12/10
11:16
12/10/19
11:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VC

Visteon

$89.86

-1.8 (-1.96%)

11:06
12/10/19
12/10
11:06
12/10/19
11:06
Hot Stocks
Michigan Township announces filing new lawsuit against Visteon »

Van Buren Charter…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MCD

McDonald's

$194.55

-0.16 (-0.08%)

11:05
12/10/19
12/10
11:05
12/10/19
11:05
Hot Stocks
McDonald's names Ian Borden as president, International »

McDonald's announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

WLL

Whiting Petroleum

$5.70

0.09 (1.60%)

11:05
12/10/19
12/10
11:05
12/10/19
11:05
Options
Whiting Petroleum call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ERJ

Embraer

$17.79

-0.04 (-0.22%)

11:02
12/10/19
12/10
11:02
12/10/19
11:02
Hot Stocks
Embraer signs order with Congo Airways for 2 E175 jets »

Embraer and Congo Airways…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PTON

Peloton

$33.90

-0.875 (-2.52%)

, UBER

Uber

$27.89

0.18 (0.65%)

10:50
12/10/19
12/10
10:50
12/10/19
10:50
On The Fly
Analysts say controversial Peloton TV ad 'actually increases' brand awareness »

Pelton Interactive (PTON)…

PTON

Peloton

$33.90

-0.875 (-2.52%)

UBER

Uber

$27.89

0.18 (0.65%)

SDC

SmileDirectClub

$8.32

0.08 (0.97%)

LYFT

Lyft

$45.61

0.2 (0.44%)

WORK

Slack Technologies

$22.65

-0.34 (-1.48%)

WE

We Company

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 10

    Dec

CONN

Conn's

$14.77

-5.74 (-27.99%)

10:45
12/10/19
12/10
10:45
12/10/19
10:45
Hot Stocks
Conn's says CECL adoption to lead to 40%-60% increase in provisions »

Conn's says the CECL…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 10

    Dec

  • 11

    Dec

VOD

Vodafone

$18.79

-0.085 (-0.45%)

10:45
12/10/19
12/10
10:45
12/10/19
10:45
Options
Vodafone call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

10:45
12/10/19
12/10
10:45
12/10/19
10:45
General news
Breaking General news story  »

4-Week Bill Announcement…

10:45
12/10/19
12/10
10:45
12/10/19
10:45
General news
Breaking General news story  »

8-Week Bill Announcement…

10:45
12/10/19
12/10
10:45
12/10/19
10:45
General news
Breaking General news story  »

8-Week Bill Announcement…

10:45
12/10/19
12/10
10:45
12/10/19
10:45
General news
Breaking General news story  »

4-Week Bill Announcement…

BPOP

Popular

$57.11

1.07 (1.91%)

10:43
12/10/19
12/10
10:43
12/10/19
10:43
Hot Stocks
Popular says Raging Capital letter shared with board, seeks 'open dialogue' »

Popular confirmed that…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GFL

GFL Environmental

$0.00

(0.00%)

10:41
12/10/19
12/10
10:41
12/10/19
10:41
Hot Stocks
GFL Environmental to acquire County Waste of Virginia; terms not disclosed »

GFL Environmental…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TSLA

Tesla

$347.25

7.78 (2.29%)

10:38
12/10/19
12/10
10:38
12/10/19
10:38
Recommendations
Tesla analyst commentary  »

Tesla price target raised…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 10

    Dec

  • 07

    Jan

AXTA

Axalta Coating

$29.81

-0.41 (-1.36%)

10:35
12/10/19
12/10
10:35
12/10/19
10:35
Options
Axalta Coating put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

10:30
12/10/19
12/10
10:30
12/10/19
10:30
General news
FX Action: USD-JPY »

FX Action: USD-JPY…

NLOK

NortonLifeLock

$26.29

0.86 (3.38%)

10:25
12/10/19
12/10
10:25
12/10/19
10:25
Options
NortonLifeLock call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Dec

10:25
12/10/19
12/10
10:25
12/10/19
10:25
Conference/Events
UBS alternative energy windham to hold an analyst/industry conference call »

Alternative Energy &…

10:25
12/10/19
12/10
10:25
12/10/19
10:25
Conference/Events
JPMorgan oil & gas analysts to hold an analyst/Industry conference call »

Large Cap Oil & Gas…

OMCL

Omnicell

$80.19

0.16 (0.20%)

10:25
12/10/19
12/10
10:25
12/10/19
10:25
Conference/Events
Omnicell to host investor & analyst day »

Investor & analyst…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 10

    Dec

QSR

Restaurant Brands

$66.80

0.8 (1.21%)

, MCD

McDonald's

$194.64

-0.07 (-0.04%)

10:19
12/10/19
12/10
10:19
12/10/19
10:19
Initiation
Fly Intel: Top five analyst initiations »

Catch up on today's…

QSR

Restaurant Brands

$66.80

0.8 (1.21%)

MCD

McDonald's

$194.64

-0.07 (-0.04%)

SBUX

Starbucks

$87.36

1.08 (1.25%)

WEN

Wendy's

$21.59

-0.13 (-0.60%)

CMG

Chipotle

$822.75

-4.81 (-0.58%)

DNKN

Dunkin' Brands

$76.03

-0.2 (-0.26%)

EAT

Brinker

$41.77

-0.92 (-2.16%)

DPZ

Domino's Pizza

$286.82

0.23 (0.08%)

YUM

Yum! Brands

$98.95

-0.04 (-0.04%)

TXRH

Texas Roadhouse

$55.93

-0.22 (-0.39%)

ARAV

Aravive

$12.19

0.89 (7.88%)

BORR

Borr Drilling

$6.80

0.2 (3.03%)

AAXN

Axon

$72.49

0.22 (0.30%)

ZM

Zoom Video

$64.98

-0.94 (-1.43%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 11

    Dec

  • 11

    Dec

  • 13

    Dec

  • 16

    Dec

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.