Tag: USA

Pitney Bowes In Negotiations to Acquire Secap

Pitney Bowes Inc. (NYSE:PBI)
today announced that it is in discussions with Fimalac, the French
diversified services group, for the acquisition of Secap SA, Fimalac’s
mailing subsidiary. Secap provides a range of mail processing equipment,
supplies and technology for low- to mid-volume mailers. Pitney Bowes expects
customers to benefit from Secap’s innovative line of products and
shareholders to benefit from Secap’s more than 30% postage meter market
share in France and approximately 60% recurring rental revenue stream.
“This proposed acquisition is the next of a series of strategic actions that
we’ve taken to enhance our delivery of leading edge, integrated mail and
document management solutions to customers of all sizes worldwide,” said
Michael J. Critelli, Chairman and CEO of Pitney Bowes Inc.

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Home delivery in the land where delight comes as standard

Exel Direct, a new brand launched this spring, claims half of the US’s outsourced home delivery business. In the UK, an effective home delivery service is seen as a key market differentiator. Years ago the situation was probably the same in the United States, but nowadays the consumer has so much choice that home delivery is seen as a necessary evil

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The Deregulation that wasnt

article about deregulation in energy/public utilities but relevant to post deregulation.
75% of US public-utility commissioners intend to halt deregulation efforts as a result of the energy debacle in California. By Jim Robb & Tony Sugalski

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