Craig-Hallum cautious on Stamps.com short-term Craig-Hallum said Stamps.com's site was down for 4 days in November due to a software upgrade that didnt work and has since had two additional outages. The firm said this is not the time for serious IT issues with the website as the company is entering a key period. The firm rates shares a Buy but is cautious short-term.
Stamps.com intends to acquire Endicia from Newell Rubbermaid for $215M in cash Stamps.com (STMP) announced that it has entered into a definitive agreement with Newell Rubbermaid (NWL) for Stamps.com to acquire Endicia, a wholly owned subsidiary of Newell Rubbermaid, for $215M in cash. Based in Palo Alto, California, Endicia is a leading provider of high volume shipping technologies and solutions for use with the U.S. Postal Service and other postal partners. Endicia offers solutions that help businesses run their shipping operations more smoothly and function more successfully. Endicia sells its products under brand names including Endicia, DYMO Stamps and PictureItPostage. Endicia also provides seamless access to USPS and other shipping services through integration with more than 250 partner applications. Endicia had approximately $59M in revenue during fiscal 2014.