Tag: Worldwide

Pitney Bowes provides road map for long-term growth projections

Posted by | Sep 12, 2006 | |

Pitney Bowes Inc. Provides Financial Outlook for 2007 with EPS Expected in a Range of USD 2.90 – USD 2.98. Today provided investors with a road map for delivering revenue and earnings growth over the next five years. The company gave financial outlooks for each of its seven business segments and committed to reducing its ratio of selling, general, and administrative expense to revenue from 31% to 28% by 2010.

The company said that it expects its revenue to grow organically by
four to six percent and to sustain at least an eight to ten percent growth
rate in its earnings per share.

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US FedEx – Shipping Data To Back-Office Apps

Posted by | Sep 12, 2006 | |

FedEx Locks In Customers By Tying Shipping Data To Back-Office Apps

Customers can link their invoicing, billing, accounting, and inventory systems with FedEx’s shipping data.
Every company wants to come up with that one compelling service that ties a customer closer to its business. Dell’s buyer-activated computer configuration system is one example. FedEx’s Web package tracking system was another. But that system kept a firm grip on customers only as long as FedEx’s competitors couldn’t duplicate it. Eventually they did, sending the company back to the drawing board.

FedEx came up with Ship Manager, an application on a small computer set up by FedEx at customer sites to help users weigh packages, calculate shipping charges, and print shipping labels.

FedEx Integration Assistant quizzes a representative at the customer site on what data sources he’s using and automatically generates scripting language to create links between FedEx Ship Manager and the data sources. It can do so for common accounting, ERP, warehouse, shopping cart, and fulfillment applications. Any system that uses a relational database compliant with the Open Database Connectivity standard can be discovered and linked. The wizard also can connect to the popular small-business accounting package QuickBooks.

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Mailers.org letter to every member of the House and Senate

Posted by | Sep 11, 2006 | |

In letters to every member of the House and Senate, the Mailers Council today asked Congress to oppose any legislation that would prevent the Postal Service from closing outdated and inefficient mail processing facilities in its campaign to keep postage affordable despite continuing declines in mail volume.

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Ceska posta can be joint-stock company as of January 2008

Posted by | Sep 10, 2006 | |

Ceska posta could be transformed into a joint-stock company as of January 1, 2008 and the cabinet should then decide whether the state will still be a 100-percent owner of the postal services provider or whether the firm will be privatised, Interior and IT Minister Ivan Langer said Sunday.
Langer now wants to launch the project of Ceska posta transformation prepared by the IT Ministry, he told Czech Television.
Ceska posta is run by the IT Ministry, which the new government wants to phase out. Ministers should decide on a new integration of postal services but also telecommunications next week. Langer said the Transport Ministry or the Industry and Trade Ministry could be in charge of those areas.
Ceska posta employs more than 38,000 people in 3,400 branches at present and has annual sales at roughly CZK 18 billion. Profit hovered around CZK 670 million in 2005.

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The hunter hunted? DPWN targeted by private equity company

Posted by | Sep 7, 2006 | |

DPWN CEO Klaus Zumwinkel has made a public statement welcoming the prospect of a major purchase of equity by Blackstone, the very large American private equity company. “Private equity and hedge funds are welcome because they invest and lift the shares higher” he said in an interview with a newspaper.
Yesterday rumours emerged in the US, UK and German stock markets that Blackstone was planning to buy a 10% stake in the company. The German state investment bank KfW initially denied that there would be a sale to Blackstone.
A further tranche of DPWN has just been sold by the German government through KfW, increasing the liquidity of the stock and making it easier for Blackstone to buy into the corporation. A 10% stake would make Blackstone the largest stockholder after the German government. Blackstone is also a major investor in the other big German privatised company, Deutsche Telecom.
Transportation infrastructure has been the target of substantial interest by private equity groups. Their motivation varies. Some –such as the pension funds are looking for long-term stable income stream and are willing to pay a premium. An example of this was the ‘ADMIRAL’ consortium that bought Associated British Ports earlier this year.

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