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Pitney Bowes: Restructured And Undervalued

Pitney Bowes (NYSE: PBI ) underwent a major transition last August, after winding down its unprofitable Global e-Commerce "GEC" segment. The lost revenue from the divesture was well compensated by a positive profit impact, which will be realized fully this year.Bashar is a contributing writer at Seeking Alpha, focusing on Long/Short investment ideas, with a geographic focus in North America. Before that, Bashar worked at an Investment Fund in the United Kingdom. He has a Master's degree in Finance from the ...