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Pitney Bowes has the Highest Level of Cash in the Office Services & Supplies Industry (PBI, SYKE, MLHR, SCS, AVY)

Written on Fri, 10/21/2011 - 6:31am
By Amy Schwartz

Below are the top five cash rich companies in the Office Services & Supplies industry as ranked by Cash Equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Pitney Bowes (NYSE:PBI) ranks first with CE of $624.12M; SYKES Enterprises (NASDAQ:SYKE) ranks second with CE of $211.85M; and Herman Miller (NASDAQ:MLHR) ranks third with CE of $192.5M.
Steelcase (NYSE:SCS) follows with a CE of $155.9M and Avery Dennison (NYSE:AVY) rounds out the top five with a CE of $125.4M.
SmarTrend currently has shares of Pitney Bowes in a Downtrend and issued the Downtrend alert on March 16, 2011 at $23.85. The stock has fallen 16.8% since the Downtrend alert was issued.

Keywords: keywords: nyse:pbi pitney bowes cash equivalents

Ticker(s): PBI SYKE MLHR SCS AVY

Contact Amy Schwartz



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