Business News
Friday 06. November 2009

Duoyuan Printing, Inc. Announces Pricing of Initial Public Offering

Duoyuan Printing, Inc. (“Duoyuan” or the “Company”) (NYSE:DYP), a leading offset printing equipment supplier in China, today announced the pricing of its initial public offering of 6,455,918 shares at a price of $8.50 per share, including 955,918 shares being offered by the selling shareholders. The Company has granted the underwriters an option to purchase up to an additional 968,388 shares of common stock to cover over-allotments, if any. Duoyuan’s common stock is expected to begin trading on November 6, 2009 on the New York Stock Exchange under the symbol “DYP.”
Friday 06. November 2009

Pitney Bowes Board Declares Common, Preference and Preferred Stock Dividends

The Board of Directors of Pitney Bowes Inc. (NYSE: PBI) declared a quarterly cash dividend on the company’s common stock of 36 cents per share, payable December 12, 2009, to stockholders of record on November 20, 2009; a quarterly cash dividend of 53 cents per share on the company’s $2.12 convertible preference stock, payable January 1, 2010, to stockholders of record December 15, 2009, and a quarterly cash dividend of 50 cents per share on the company’s 4 percent convertible cumulative preferred stock, payable February 1, 2010, to stockholders of record January 15, 2010.
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