Shares of Pitney Bowes Inc. (NYSE:PBI) ended Friday session in red amid volatile trading. The shares closed down -0.17 points or -0.95% at $17.66 with 1.76 million shares getting traded. Post opening the session at $17.76, the shares hit an intraday low of $17.58 and an intraday high of $17.79 and the price vacillated in this range throughout the day. The company has a market cap of $3.24 billion and the numbers of outstanding shares have been calculated to be 185.59 million shares.
Pitney Bowes Inc. (PBI) on September 12, 2016 announced the launch of the SmartLink device, a digital technology solution that connects postage meters to the Pitney Bowes Commerce Cloud, in Canada to enhance productivity and enable a new range of online services. The SmartLink device leverages a secure Internet of Things (IoT) platform to link physical postage meters to the Pitney Bowes Commerce Cloud, unlocking valuable new benefits, online tools and services. Most notably, these tools and services include automated postage rate updates, low postage alerts, AutoInk technology, usage tracking and analytics, error notifications and simple self-help tutorials, all with 24/7 online account management features.
“We are leveraging the latest digital technology to extend the capabilities of our Mailstation2 mailing systems currently in use across Canada with revolutionary digital solutions and applications available in the Pitney Bowes Commerce Cloud,” said Bill Mackrell, VP and General Manager of Canada, Pitney Bowes Global SMB Solutions. “Small and medium businesses in Canada are burdened by the growing complexity of mailing and shipping and look to Pitney Bowes to help simplify and optimize their work flow. With the SmartLink device, users will enjoy having their meters always up to date, never out of ink and delivering greater value than ever before. This digital connection also eliminates additional expense and potential service disruptions associated with maintaining analog phone lines.”
Shares of Constellation Brands, Inc. (NYSE:STZ) ended Friday session in red amid volatile trading. The shares closed down -1.86 points or -1.12% at $164.61 with 1.74 million shares getting traded. Post opening the session at $165.15, the shares hit an intraday low of $162.52 and an intraday high of $165.99 and the price vacillated in this range throughout the day. The company has a market cap of $32.43 billion and the numbers of outstanding shares have been calculated to be 177.15 million shares.
Constellation Brands, Inc. (STZ) is an international beverage alcohol company. The Company is a producer and marketer of beer and wine the United States and Canada. Its segments include Beer, Wine and Spirits, and Corporate Operations and Other. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States. It sells a number of brands in the import and craft beer categories, including Corona Extra, Corona Light, Modelo Especial, Ballast Point and others. It is a producer and marketer of wine, and sells a number of wine brands across various categories, including table wine, sparkling wine and dessert wine, and across all price points, such as popular, premium and luxury categories. Some of its wine and spirits brands sold in the United States include Black Velvet Canadian Whisky, SVEDKA Vodka, Meiomi, Robert Mondavi, Wild Horse, among others.