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Pitney Bowes (PBI) looks set for a lackluster session after adjusted Q1 earnings miss estimates....

Pitney Bowes (PBI) looks set for a lackluster session after adjusted Q1 earnings miss estimates. The real negative however, was the company's announcement that it will slash its dividend by 50% in order to "provide the company [with] added financial flexibility." Shares -10.7% premarket.
Comments (1)
  • nikeherc1
    , contributor
    Comments (26) | Send Message
     
    New CEO, blast from the past. We'll see what next quarter brings.
    1 May 2013, 01:58 AM Reply Like
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