Office Services & Supplies

Below are the top business equipment stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Coinstar Inc (NASDAQ: CSTR) for the next year ending December, 2011 is $2.85 per share. CSTR's quarterly earnings gained 92.10% y/y. Pitney Bowes Inc (...

APAC Customer Services Inc. (NASDAQ: APAC) today announced that current board member Kevin T. Keleghan will succeed Michael P. Marrow as President and Chief Executive Officer, effective September 13, 2010. Keleghan will continue to serve on APAC's board of directors.

Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2011 financial results on Thursday, September 23, 2010 at 10:00 a.m. EDT. The news release detailing the financial results along with supplementary presentation slides will be issued the previous day, after the...

Pitney Bowes Management Services, a wholly owned subsidiary of Pitney Bowes Inc. (NYSE: PBI) has been retained by MetLife, Inc. (NYSE: MET) to manage mail services at 27 of the company’s locations throughout the U.S. “Pitney Bowes is proud and honored to have an opportunity to extend its...

Pitney Bowes Inc. (PBI) has entered into partnership with Bibliotheca Inc to expand geographical reach and provide all library customers in the United States with the latter’s resources. Pitney Bowes aims to enhance after-sales service and technical support capabilities of Bibliotheca as well.  ...

International Business Machines Corp. (IBM) completed the acquisition of AT&T Inc.’s (T) Sterling Commerce unit. As previously announced in May 2010, IBM signed a definitive agreement to buy Dublin, Ohio-based Sterling Commerce for $1.4 billion in cash. AT&T expects to record a gain of...

Below are the top paper and paper product stocks on the NYSE and the NASDAQ in terms of market capitalization. International Paper Company (NYSE: IP) has a market capitalization of $8.98 billion. Analysts at Longbow upgraded IP from “neutral” to “buy.” Fibria Celulose SA (NYSE: FBR) has a market...

By 12:13 pm, the Dow Jones Industrial Average was up 138.32 points, or 1.34%, to 10,440.33, while the broader Standard & Poor's 500 index had gained 16.56 points, or 1.53%. The NASDAQ composite index rose 34.58 points, or 1.58%. Some of the narrow based indexes that are driving the market are...

At 11:21 am, the Dow gained 1.21% to 10,426.29, the broader Standard & Poor's 500 index moved up 1.40% to 1,094.54 and the NASDAQ composite index rose 1.55% to 2,215.66. The industries that are driving the market today are: Agricultural Chemicals: This industry jumped 9.40% by 11:21 am. The top...

Morgan Keegan is dropping coverage on shares of Mine Safety Appliances (NYSE: MSA). In the research report Morgan Keegan writes, "We believe MSA is a solid company and expect it to be well positioned once its target markets recover, but with declining homeland security grants we expect the company...

Mine Safety Appliances Co.’s (MSA) MACD indicator has moved into bearish territory with a reading of -0.0029. The Zacks #4 Rank (“Sell”) stock slipped more than 2% to $24.46 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has declined 2 cents over the past month...

APAC Customer Services, Inc. (NASDAQ: APAC) announced today that Mike Marrow, President and Chief Executive Officer, will take a leave of absence while he recovers from a recent, successful medical procedure. Art DiBari, Senior Vice President and Chief Operating Officer, has been appointed Interim...

International credit rating agency Standard & Poors has downgraded Pitney Bowes Inc’s (PBI) long-term rating for bonds issued by the company to “BBB+” from “A” with a stable outlook. The BBB+ rating is the lowest investment grade rating possible. The credit rating agency also reduced the...

Pitney Bowes Inc (PBI) reported earnings per share from continuing operations of 48 cents in the second quarter of 2010 missing the Zacks Consensus Estimate of 57 cents. Revenues for the quarter came in at $1.3 billion, a decline of 6% year over year. U.S. revenues declined by 7% compared with the...