Benzinga - by Priya Nigam, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Kevin Simpson said United Parcel Service, Inc. (NYSE: UPS) pays over 4% dividend and trades at a 16 multiple. The company has been increasing dividend by 13% per year for the past five years, he added.
United Parcel Service management reportedly stated that the expenses related to the recent Teamsters contract are lower than the amount asserted by the union.
Jim Lebenthal of Cerity Partners said Oracle Corporation (NYSE: ORCL) stock was well overdone on earnings last week. "Here’s your entry point," he added.
Microsoft and Oracle expanded their partnership to deliver Oracle database services on Oracle cloud infrastructure in Microsoft Azure. DZ Bank upgraded Oracle from Hold to Buy and announced a $125 price target.
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Jenny Harrington of Gilman Hill Asset Management picked Seagate Technology Holdings plc (NASDAQ: STX), which is a data storage company. The company has a 4.5% dividend yield.
In September, Seagate Technology announced its decision to issue exchangeable senior unsecured notes amounting to $1.3 billion.
Joseph Terranova of Virtus Investment Partners named FLEETCOR Technologies, Inc. (NYSE: FLT), which surged to a 52-week high on Friday.
Corpay, a FLEETCOR brand and global leader in business payments, disclosed that Corpay's Cross-Border business entered into an agreement with Aston Villa Football Club to become their Official Commercial Foreign Exchange Partner.
Price Action: FLEETCOR shares fell 0.3% to close at $272.86, while Seagate shares slipped 0.8% to settle at $63.75 on Friday. Oracle stock rose 0.2% to settle at $113.91, while UPS shares slipped 0.2% to close at $160.49 on Friday.
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