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Shale Growth Is Nearing An Inflection Point
Drilling activity has plateaued in much of the U.S., with the rig count zig-zagging well below the peak from last November. The rig count often rises and falls in response to oil prices, but on a several-month lag. It takes some time before oil companies make drilling decisions in response to major price movements. Read More >>
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CVS Dividend History and Safety
CVS Health is a $75 billion business. The Rhode Island based healthcare company employs 160,000 people. The company has over 9,800 stores across the world, and they have around 5 million customers per day. Last year CVS Health pulled in $195 billion in sales. Since CVS completed the long-awaited merger with Aetna, revenue might increase even more this year. Read More >>
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Canada In Recession? GDP Unexpectedly Drops For 2nd Month In A Row
Canadian GDP just contracted for the second month in a row, leaving the headline Canada GDP up just 0.4% SAAR in 4Q, according to Statistics Canada (dramatically below the estimate of +1.0%). The headline quarterly change misses even lowest of economist estimates. Read More >>
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