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Fly News Breaks for July 28, 2016
RDS.A
Jul 28, 2016 | 07:51 EDT
Bernstein analyst Oswald Clint says that Shell's Q2 results were "messy" due to its acquisition of BG. However, the analyst says that the company's cash flow in 1H16 was "strong," and he expects the company's cash flow from operating activities to be significantly boosted going forward by positive macro trends. The analyst adds that the company's LNG and downstream businesses continue to perform well, and he recommends buying the stock.
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