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Oil Sands Extraction May Be Coming to an End

The current oil sands extraction method is a slow-motion, climate-destroying train wreck.
Fortunately, it looks like this process may be coming to an end.
Over the last five years, the oil sands industry has reduced its production costs by one-third. This took the break-even price for its crude down to $50 per barrel.
Then the COVID-19 pandemic struck. As a result, crude demand fell. And this big drop in demand briefly took all crude prices negative.
Today, West Texas Intermediate (WTI) crude has recovered to trade around $40 per barrel.
But as of this writing, Western Canadian Select (WCS) – oil sands crude – is …read more […]

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Buy Novavax Stock After Unwarranted Sell-Off, Says Analyst

The past two trading days were rough for vaccine-maker Novavax (NVAX) and its investors. The stock has plunged nearly 30% on the news of a new Russian rival. In a statement reported out of Russian news agency RIA Novosti, Russian President Vladimir Putin announced that Russian researchers have “registered” the world’s first vaccine against infection with the novel coronavirus, that full-scale production will begin in September, and distribution in October. President Putin is so optimistic about the new vaccine — dubbed “Sputnik V” to hark back to Russia’s “Sputnik moment” in 1957, when Russia orbited the world’s first satellite — …read more […]

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The GEO Group’s Dividend Safety: A 12% Yield From Prisons?

Below, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at The GEO Group’s dividend safety.
Private prisons are a hotly debated topic. Many people believe that prisons should not be a for-profit industry. But at the moment, privately run prisons are legal… and big business.
As of 2018, there were nearly 130,000 Americans incarcerated in private prisons.
It’s a multibillion-dollar industry.
There are two publicly traded private prison companies: The GEO Group (NYSE: GEO) and CoreCivic (NYSE: CXW).
The GEO Group’s Dividend Safety Overview
The GEO Group’s quarterly dividend had been $0.48 per share, but the company recently announced it was lowering the payout to …read more […]

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Wheaton Precious Metals Announces Record Revenue and Sales Volumes in the First Half of 2020

TSX: WPM NYSE: WPMVANCOUVER, BC, Aug. 12, 2020 /CNW/ – Designated News Release – “Wheaton’s high-quality portfolio of assets delivered solid results in the first half of 2020 generating over $500 million in revenue and nearly $330 million in operating cash flow. …read more […]

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6 Small Cap Tech Stocks to Buy in 2020

Technology stocks are leading the market. Investors in Amazon (Nasdaq: AMZN), Facebook (Nasdaq: FB) and other tech giants have seen huge gains. They’ve benefited from the pandemic. Although, their valuations are a bit lofty and when looking for value, you might want to buy small cap tech stocks instead.
Below, I’m going to show you why both small cap stocks and tech stocks can be a great investment. Then combining the two can result in even higher returns. Or if you want to skip learning about the strategy, you can jump straight down to the list of stocks.
Also, if you want …read more […]

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Cisco Q4 beats expectations, offers weak revenue forecast for Q1

Cisco released its fourth quarter earnings report after hours on Wednesday, beating on both its top and bottom lines. The company offered a forecast for its first quarter revenue which fell below investors’ expectations, anticipating a decline between 9% to 11%. Yahoo Finance’s Myles Udland breaks down the company’s earnings report. …read more […]

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Cisco Gives Weak Revenue Forecast Showing Recession Biting

(Bloomberg) — Cisco Systems Inc. gave a lackluster sales forecast for the current period, a sign that businesses and government agencies are spending less in the pandemic-driven recession.Revenue will fall 9% to 11% from a year earlier in the fiscal first quarter, which ends in late October, the San Jose, California-based company said Wednesday in a statement. Analysts on average had projected a decline of about 7%. Adjusted profit will be 69 cents to 71 cents a share, lower than Wall Street expectations of 76 cents, according to data compiled by Bloomberg.Cisco shares fell about 4% in extended trading. The …read more […]