Gord Dahlen Named Executive Vice President! – Dominion Lending Centres Clearlease Reports

Thursday, April 14th, 2011

Gord Dahlen Named Executive Vice President! – Dominion Lending Centres Clearlease Reports

COQUITLAM, B.C. – (April 15, 2011) Dominion Lending Centres Clearlease Reports Dominion Lending Centres is excited to announce the appointment of industry veteran Gord Dahlen as Executive Vice President effective immediately.

“We’re extremely pleased to announce that Gord Dahlen will be joining our senior management team as Executive Vice President, effective immediately,” says Dominion Lending Centres President Gary Mauris.

The addition of Dahlen – who most recently served as President and CEO of Invis and Mortgage Intelligence – to the Dominion Lending Centres senior management team will add tremendous value, knowledge and experience to Canada’s largest and most successful mortgage company, Mauris says.

“Gord Dahlen is a pioneer in our industry. He’s a passionate leader who has demonstrated exceptional values and integrity, and is a selfless ambassador to the Canadian Mortgage Brokering Industry. On behalf of Dominion Lending Centres, it’s our sincere privilege to have Gord Dahlen join our team,” Mauris adds.

“This is a great industry and I was fortunate to have some real choices regarding my next move. My decision to join forces with Dominion Lending Centres was a natural selection given that it’s clearly the leader in this industry,” says Dahlen.

“Dominion Lending Centres is, without a doubt, the most prolific company. I’m so looking forward to working with Gary and his team, our owners, and all of our great agents and brokers as we continue to ride this tremendous wave of success. I’m rejuvenated and as pumped as I’ve ever been about my future in this incredible industry with a forward-thinking company,” Dahlen adds.

For more information, please contact:
Gord Dahlen
Executive Vice President
Dominion Lending Centres
Cell: 604-219-1994
E-mail: gorddahlen@shaw.ca

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###
Gord Dahlen Named Executive Vice President! - Dominion Lending Centres Clearlease Reports

COQUITLAM, B.C. – (April 14, 2011) Dominion Lending Centres Clearlease Reports Dominion Lending Centres is excited to announce the appointment of industry veteran Gord Dahlen as Executive Vice President effective immediately.

“We’re extremely pleased to announce that Gord Dahlen will be joining our senior management team as Executive Vice President, effective immediately,” says Dominion Lending Centres President Gary Mauris.

The addition of Dahlen – who most recently served as President and CEO of Invis and Mortgage Intelligence – to the Dominion Lending Centres senior management team will add tremendous value, knowledge and experience to Canada’s largest and most successful mortgage company, Mauris says.

“Gord Dahlen is a pioneer in our industry. He’s a passionate leader who has demonstrated exceptional values and integrity, and is a selfless ambassador to the Canadian Mortgage Brokering Industry. On behalf of Dominion Lending Centres, it’s our sincere privilege to have Gord Dahlen join our team,” Mauris adds.

“This is a great industry and I was fortunate to have some real choices regarding my next move. My decision to join forces with Dominion Lending Centres was a natural selection given that it’s clearly the leader in this industry,” says Dahlen.

“Dominion Lending Centres is, without a doubt, the most prolific company. I’m so looking forward to working with Gary and his team, our owners, and all of our great agents and brokers as we continue to ride this tremendous wave of success. I’m rejuvenated and as pumped as I’ve ever been about my future in this incredible industry with a forward-thinking company,” Dahlen adds.

For more information, please contact:
Gord Dahlen
Executive Vice President
Dominion Lending Centres
Cell: 604-219-1994
E-mail: gorddahlen@shaw.ca

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Gord Dahlen Named Executive Vice President! – Dominion Lending Centres Clearlease Reports

COQUITLAM, B.C. – (April 15, 2011) Dominion Lending Centres Clearlease Reports Dominion Lending Centres is excited to announce the appointment of industry veteran Gord Dahlen as Executive Vice President effective immediately.

“We’re extremely pleased to announce that Gord Dahlen will be joining our senior management team as Executive Vice President, effective immediately,” says Dominion Lending Centres President Gary Mauris.

The addition of Dahlen – who most recently served as President and CEO of Invis and Mortgage Intelligence – to the Dominion Lending Centres senior management team will add tremendous value, knowledge and experience to Canada’s largest and most successful mortgage company, Mauris says.

“Gord Dahlen is a pioneer in our industry. He’s a passionate leader who has demonstrated exceptional values and integrity, and is a selfless ambassador to the Canadian Mortgage Brokering Industry. On behalf of Dominion Lending Centres, it’s our sincere privilege to have Gord Dahlen join our team,” Mauris adds.

“This is a great industry and I was fortunate to have some real choices regarding my next move. My decision to join forces with Dominion Lending Centres was a natural selection given that it’s clearly the leader in this industry,” says Dahlen.

“Dominion Lending Centres is, without a doubt, the most prolific company. I’m so looking forward to working with Gary and his team, our owners, and all of our great agents and brokers as we continue to ride this tremendous wave of success. I’m rejuvenated and as pumped as I’ve ever been about my future in this incredible industry with a forward-thinking company,” Dahlen adds.

For more information, please contact:
Gord Dahlen
Executive Vice President
Dominion Lending Centres
Cell: 604-219-1994
E-mail: gorddahlen@shaw.ca

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

ADF Group Inc. (TSX:DRX) profit cut almost in half to $3.7 million in fiscal 2011 – Dominion Lending Centres Clearlease Reports

Thursday, April 14th, 2011

ADF Group Inc. (TSX:DRX) profit cut almost in half to $3.7 million in fiscal 2011 – Dominion Lending Centres Clearlease Reports

TERREBONNE, Que. – (April 14, 2011) Dominion Lending Centres Clearlease Reports ADF Group Inc. (TSX:DRX) has cited an unfavourable exchange rate as well as increased expenses related to investments in new facilities among reasons for a big drop in net profit in fiscal 2011.

The Quebec-based company, which farbricates and installs steel structures in the non-residential construction industry, reported Thursday that net earnings declined to $3.7 million or 11 cents per diluted share in the year ended Jan. 31.

That compared with earnings of $7 million or 19 cents in the prior year.

Revenue was $55.3 million, down from $65.7 million in fiscal 2010.

“The decline in net earnings is attributable, notably, to a less favourable exchange rate, the increase in certain expenses following the significant investments in the facilities over the past few years and a higher tax rate than in 2010,” the company said in a release.

“It should be noted that despite lower revenues, the gross profit margin as a percentage of revenues was higher than in the previous two years,” it added.

And, despite the decline in profits, the board approved the implementation of a semi-annual dividend of one cent per share, “in recognition of the steadfast confidence of ADF Group’s shareholders over the years and considering the liquidities generated by the corporation.”

The dividend will be paid May 16 to shareholders of record on April 29.

CEO Jean Paschini said the results reflected ADF’s strategy of fostering sustainable growth, “but not at the expense of targeted profitability.”

“During fiscal 2011, we pursued our selective and disciplined approach with respect to our business development, strengthened our positioning in highly specialized and strong value-added market niches, and maintained a rigorous and prudent management of our liquidities, capital structure and business risks,” Paschini said.

ADF shares were up five cents at $1.98 Thursday morning on the Toronto Stock Exchange.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###
ADF Group Inc. (TSX:DRX) profit cut almost in half to $3.7 million in fiscal 2011 - Dominion Lending Centres Clearlease Reports

TERREBONNE, Que. – (April 14, 2011) Dominion Lending Centres Clearlease Reports ADF Group Inc. (TSX:DRX) has cited an unfavourable exchange rate as well as increased expenses related to investments in new facilities among reasons for a big drop in net profit in fiscal 2011.

The Quebec-based company, which fabricates and installs steel structures in the non-residential construction industry, reported Thursday that net earnings declined to $3.7 million or 11 cents per diluted share in the year ended Jan. 31.

That compared with earnings of $7 million or 19 cents in the prior year.

Revenue was $55.3 million, down from $65.7 million in fiscal 2010.

“The decline in net earnings is attributable, notably, to a less favourable exchange rate, the increase in certain expenses following the significant investments in the facilities over the past few years and a higher tax rate than in 2010,” the company said in a release.

“It should be noted that despite lower revenues, the gross profit margin as a percentage of revenues was higher than in the previous two years,” it added.

And, despite the decline in profits, the board approved the implementation of a semi-annual dividend of one cent per share, “in recognition of the steadfast confidence of ADF Group’s shareholders over the years and considering the liquidities generated by the corporation.”

The dividend will be paid May 16 to shareholders of record on April 29.

CEO Jean Paschini said the results reflected ADF’s strategy of fostering sustainable growth, “but not at the expense of targeted profitability.”

“During fiscal 2011, we pursued our selective and disciplined approach with respect to our business development, strengthened our positioning in highly specialized and strong value-added market niches, and maintained a rigorous and prudent management of our liquidities, capital structure and business risks,” Paschini said.

ADF shares were up five cents at $1.98 Thursday morning on the Toronto Stock Exchange.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###ADF Group Inc. (TSX:DRX) profit cut almost in half to $3.7 million in fiscal 2011 – Dominion Lending Centres Clearlease Reports

TERREBONNE, Que. – (April 14, 2011) Dominion Lending Centres Clearlease Reports ADF Group Inc. (TSX:DRX) has cited an unfavourable exchange rate as well as increased expenses related to investments in new facilities among reasons for a big drop in net profit in fiscal 2011.

The Quebec-based company, which farbricates and installs steel structures in the non-residential construction industry, reported Thursday that net earnings declined to $3.7 million or 11 cents per diluted share in the year ended Jan. 31.

That compared with earnings of $7 million or 19 cents in the prior year.

Revenue was $55.3 million, down from $65.7 million in fiscal 2010.

“The decline in net earnings is attributable, notably, to a less favourable exchange rate, the increase in certain expenses following the significant investments in the facilities over the past few years and a higher tax rate than in 2010,” the company said in a release.

“It should be noted that despite lower revenues, the gross profit margin as a percentage of revenues was higher than in the previous two years,” it added.

And, despite the decline in profits, the board approved the implementation of a semi-annual dividend of one cent per share, “in recognition of the steadfast confidence of ADF Group’s shareholders over the years and considering the liquidities generated by the corporation.”

The dividend will be paid May 16 to shareholders of record on April 29.

CEO Jean Paschini said the results reflected ADF’s strategy of fostering sustainable growth, “but not at the expense of targeted profitability.”

“During fiscal 2011, we pursued our selective and disciplined approach with respect to our business development, strengthened our positioning in highly specialized and strong value-added market niches, and maintained a rigorous and prudent management of our liquidities, capital structure and business risks,” Paschini said.

ADF shares were up five cents at $1.98 Thursday morning on the Toronto Stock Exchange.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

MOTOROLA SOLUTIONS (NYSE: MSI), Huawei settle, paving way for delayed and discounted sale of Motorola unit – Dominion Lending Centres Clearlease Reports

Thursday, April 14th, 2011

MOTOROLA SOLUTIONS (NYSE: MSI), Huawei settle, paving way for delayed and discounted sale of Motorola unit – Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports MOTOROLA SOLUTIONS (NYSE: MSI) on Wednesday said it has settled with Chinese telecommunications equipment maker Huawei Technologies, which objected to the sale of a Motorola unit. That means the sale could close soon, but at a lower price than originally envisioned.

Motorola Solutions, one half of the former Motorola Inc., which broke up in January, said it will be getting $975 million for the sale of its network equipment unit to Nokia Siemens Networks, rather than the $1.2 billion promised when the deal was struck in July.

Motorola Solutions, which makes police radios, bar-code scanners and other products aimed at corporations and governments, didn’t say why the sale price was reduced, but the deal was originally set to close before the end of 2010.

It was stalled by Huawei, which won an injunction in U.S. court saying the deal could mean that its business secrets would end up in Nokia Siemens hands, since Motorola resold Huawei equipment starting in 2000.

In the settlement announced Wednesday, Schaumburg, Illinois-based Motorola Solutions will pay Huawei an undisclosed fee to transfer its contracts to Nokia Siemens. The deal allows Nokia Siemens to use confidential Huawei information to service the networks that Motorola deployed worldwide using Huawei’s technologies, the companies said.

Motorola Solutions spokesman Nick Sweers said the sale of the unit to Nokia Siemens still needs approval from Chinese antitrust authorities. If they give approval, the deal is set to close on April 29.

Nokia Siemens Networks is the network equipment-making joint venture of Nokia Corp (NYSE:NOK) of Finland and Siemens AG (NYSE: SI) of Germany.

Motorola Solutions shares rose 30 cents to $44.15 in midday trading Wednesday.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###
MOTOROLA SOLUTIONS (NYSE: MSI), Huawei settle, paving way for delayed and discounted sale of Motorola unit - Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports MOTOROLA SOLUTIONS (NYSE: MSI) on Wednesday said it has settled with Chinese telecommunications equipment maker Huawei Technologies, which objected to the sale of a Motorola unit. That means the sale could close soon, but at a lower price than originally envisioned.

Motorola Solutions, one half of the former Motorola Inc., which broke up in January, said it will be getting $975 million for the sale of its network equipment unit to Nokia Siemens Networks, rather than the $1.2 billion promised when the deal was struck in July.

Motorola Solutions, which makes police radios, bar-code scanners and other products aimed at corporations and governments, didn’t say why the sale price was reduced, but the deal was originally set to close before the end of 2010.

It was stalled by Huawei, which won an injunction in U.S. court saying the deal could mean that its business secrets would end up in Nokia Siemens hands, since Motorola resold Huawei equipment starting in 2000.

In the settlement announced Wednesday, Schaumburg, Illinois-based Motorola Solutions will pay Huawei an undisclosed fee to transfer its contracts to Nokia Siemens. The deal allows Nokia Siemens to use confidential Huawei information to service the networks that Motorola deployed worldwide using Huawei’s technologies, the companies said.

Motorola Solutions spokesman Nick Sweers said the sale of the unit to Nokia Siemens still needs approval from Chinese antitrust authorities. If they give approval, the deal is set to close on April 29.

Nokia Siemens Networks is the network equipment-making joint venture of Nokia Corp (NYSE:NOK) of Finland and Siemens AG (NYSE: SI) of Germany.

Motorola Solutions shares rose 30 cents to $44.15 in midday trading Wednesday.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###MOTOROLA SOLUTIONS (NYSE: MSI), Huawei settle, paving way for delayed and discounted sale of Motorola unit – Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports MOTOROLA SOLUTIONS (NYSE: MSI) on Wednesday said it has settled with Chinese telecommunications equipment maker Huawei Technologies, which objected to the sale of a Motorola unit. That means the sale could close soon, but at a lower price than originally envisioned.

Motorola Solutions, one half of the former Motorola Inc., which broke up in January, said it will be getting $975 million for the sale of its network equipment unit to Nokia Siemens Networks, rather than the $1.2 billion promised when the deal was struck in July.

Motorola Solutions, which makes police radios, bar-code scanners and other products aimed at corporations and governments, didn’t say why the sale price was reduced, but the deal was originally set to close before the end of 2010.

It was stalled by Huawei, which won an injunction in U.S. court saying the deal could mean that its business secrets would end up in Nokia Siemens hands, since Motorola resold Huawei equipment starting in 2000.

In the settlement announced Wednesday, Schaumburg, Illinois-based Motorola Solutions will pay Huawei an undisclosed fee to transfer its contracts to Nokia Siemens. The deal allows Nokia Siemens to use confidential Huawei information to service the networks that Motorola deployed worldwide using Huawei’s technologies, the companies said.

Motorola Solutions spokesman Nick Sweers said the sale of the unit to Nokia Siemens still needs approval from Chinese antitrust authorities. If they give approval, the deal is set to close on April 29.

Nokia Siemens Networks is the network equipment-making joint venture of Nokia Corp (NYSE:NOK) of Finland and Siemens AG (NYSE: SI) of Germany.

Motorola Solutions shares rose 30 cents to $44.15 in midday trading Wednesday.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Exxon Mobil Corp. (NYSE: XOM ) CEO Rex Tillerson got lower compensation in 2010 at $21.5 million – Dominion Lending Centres Clearlease Reports

Thursday, April 14th, 2011

Exxon Mobil Corp. (NYSE: XOM ) CEO Rex Tillerson got lower compensation in 2010 at $21.5 million – Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports Exxon Mobil Corp. (NYSE: XOM ) says its top executive received slightly lower compensation last year, according to an analysis by The Associated Press.

Chairman and CEO Rex Tillerson received compensation worth US$21.5 million, about one per cent lower than the previous year.

The drop came mostly from a 9 per cent decline in stock awards that were worth $15.5 million in 2010. Tillerson’s salary increased seven per cent salary to $2.2 million, and his bonus rose 40 per cent to $3.4 million. He also received $443,921 in company perks including security services, life insurance and the use of company aircraft.

The AP’s calculation counts salary, bonuses, perks, stock and options awarded to the executive during the year.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###
Exxon Mobil Corp. (NYSE: XOM ) CEO Rex Tillerson got lower compensation in 2010 at $21.5 million - Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports Exxon Mobil Corp. (NYSE: XOM ) says its top executive received slightly lower compensation last year, according to an analysis by The Associated Press.

Chairman and CEO Rex Tillerson received compensation worth US$21.5 million, about one per cent lower than the previous year.

The drop came mostly from a 9 per cent decline in stock awards that were worth $15.5 million in 2010. Tillerson’s salary increased seven per cent salary to $2.2 million, and his bonus rose 40 per cent to $3.4 million. He also received $443,921 in company perks including security services, life insurance and the use of company aircraft.

The AP’s calculation counts salary, bonuses, perks, stock and options awarded to the executive during the year.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Exxon Mobil Corp. (NYSE: XOM ) CEO Rex Tillerson got lower compensation in 2010 at $21.5 million – Dominion Lending Centres Clearlease Reports

NEW YORK, N.Y. – (April 14, 2011) Dominion Lending Centres Clearlease Reports Exxon Mobil Corp. (NYSE: XOM ) says its top executive received slightly lower compensation last year, according to an analysis by The Associated Press.

Chairman and CEO Rex Tillerson received compensation worth US$21.5 million, about one per cent lower than the previous year.

The drop came mostly from a 9 per cent decline in stock awards that were worth $15.5 million in 2010. Tillerson’s salary increased seven per cent salary to $2.2 million, and his bonus rose 40 per cent to $3.4 million. He also received $443,921 in company perks including security services, life insurance and the use of company aircraft.

The AP’s calculation counts salary, bonuses, perks, stock and options awarded to the executive during the year.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Consumers bought more furniture, electronics and garden equipment; also paid more for gas – Dominion Lending Centres Clearlease Reports

Thursday, April 14th, 2011

Consumers bought more furniture, electronics and garden equipment; also paid more for gas – Dominion Lending Centres Clearlease Reports

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease Reports Consumers spent more in March on furniture, electronics and at restaurants, but also paid more for gas.

Retail sales increased 0.4 per cent last month, the Commerce Department said Wednesday. It was the ninth consecutive monthly gain.

The increase shrank to a 0.1 per cent when sales at gasoline stations were excluded. Still, the biggest decline in auto sales in more than a year also pulled down overall sales. When taking out sales at gas station and of autos, retail sales rose 0.6 per cent.

Many analysts considered that a solid gain, given the jump in gas prices and the fact that Easter is coming later this year. They also noted that sales in the previous two months were revised up to show slightly better gains.

Jennifer Lee, senior economist at BMO Capital Markets, said the new report was “pretty decent … considering all of the headwinds the consumer is facing.”

Businesses are stocking up based on the increased demand. A separate Commerce report said companies added to their stockpiles in February for a 14th straight month. And their sales increased for an eighth consecutive month. Healthy gains in sales and inventory restocking typically lead to more demand for U.S. factory goods.

Economists are hoping that a payroll tax cut and brighter outlook for job growth will keep consumers shopping this year. Consumer spending accounts for 70 per cent of economic activity.

But analysts worry that the recent spike in energy prices will not leave shoppers with much left over to spend on other goods and services. The nationwide average for regular gasoline is now $3.80 a gallon, up from $3.56 a month ago, according to the motor club AAA.

For March, sales of autos dropped a sharp 1.7 per cent, the biggest decline since February 2010. However, some of the weakness was because General Motors scaled back incentive offers. Economists believe the outlook for auto sales for the rest of this year remains bright, given improving job prospects.

Shoppers did spend 3.6 per cent more at furniture stores. Sales were also rose at appliance stores and specialty clothing stores. Sales at general merchandise stores, the category that includes big retailers such as Wal-Mart, rose 0.4 per cent.

However, sales at just department stores such as Macy’s saw a 0.2 per cent drop in March. A survey of major retailers from Costco to Victoria’s Secret had reported surprisingly good sales for March.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###
Consumers bought more furniture, electronics and garden equipment; also paid more for gas - Dominion Lending Centres Clearlease Reports

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease Reports Consumers spent more in March on furniture, electronics and at restaurants, but also paid more for gas.

Retail sales increased 0.4 per cent last month, the Commerce Department said Wednesday. It was the ninth consecutive monthly gain.

The increase shrank to a 0.1 per cent when sales at gasoline stations were excluded. Still, the biggest decline in auto sales in more than a year also pulled down overall sales. When taking out sales at gas station and of autos, retail sales rose 0.6 per cent.

Many analysts considered that a solid gain, given the jump in gas prices and the fact that Easter is coming later this year. They also noted that sales in the previous two months were revised up to show slightly better gains.

Jennifer Lee, senior economist at BMO Capital Markets, said the new report was “pretty decent … considering all of the headwinds the consumer is facing.”

Businesses are stocking up based on the increased demand. A separate Commerce report said companies added to their stockpiles in February for a 14th straight month. And their sales increased for an eighth consecutive month. Healthy gains in sales and inventory restocking typically lead to more demand for U.S. factory goods.

Economists are hoping that a payroll tax cut and brighter outlook for job growth will keep consumers shopping this year. Consumer spending accounts for 70 per cent of economic activity.

But analysts worry that the recent spike in energy prices will not leave shoppers with much left over to spend on other goods and services. The nationwide average for regular gasoline is now $3.80 a gallon, up from $3.56 a month ago, according to the motor club AAA.

For March, sales of autos dropped a sharp 1.7 per cent, the biggest decline since February 2010. However, some of the weakness was because General Motors scaled back incentive offers. Economists believe the outlook for auto sales for the rest of this year remains bright, given improving job prospects.

Shoppers did spend 3.6 per cent more at furniture stores. Sales were also rose at appliance stores and specialty clothing stores. Sales at general merchandise stores, the category that includes big retailers such as Wal-Mart, rose 0.4 per cent.

However, sales at just department stores such as Macy’s saw a 0.2 per cent drop in March. A survey of major retailers from Costco to Victoria’s Secret had reported surprisingly good sales for March.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Consumers bought more furniture, electronics and garden equipment; also paid more for gas – Dominion Lending Centres Clearlease Reports

WASHINGTON – (April 14, 2011) Dominion Lending Centres Clearlease Reports Consumers spent more in March on furniture, electronics and at restaurants, but also paid more for gas.

Retail sales increased 0.4 per cent last month, the Commerce Department said Wednesday. It was the ninth consecutive monthly gain.

The increase shrank to a 0.1 per cent when sales at gasoline stations were excluded. Still, the biggest decline in auto sales in more than a year also pulled down overall sales. When taking out sales at gas station and of autos, retail sales rose 0.6 per cent.

Many analysts considered that a solid gain, given the jump in gas prices and the fact that Easter is coming later this year. They also noted that sales in the previous two months were revised up to show slightly better gains.

Jennifer Lee, senior economist at BMO Capital Markets, said the new report was “pretty decent … considering all of the headwinds the consumer is facing.”

Businesses are stocking up based on the increased demand. A separate Commerce report said companies added to their stockpiles in February for a 14th straight month. And their sales increased for an eighth consecutive month. Healthy gains in sales and inventory restocking typically lead to more demand for U.S. factory goods.

Economists are hoping that a payroll tax cut and brighter outlook for job growth will keep consumers shopping this year. Consumer spending accounts for 70 per cent of economic activity.

But analysts worry that the recent spike in energy prices will not leave shoppers with much left over to spend on other goods and services. The nationwide average for regular gasoline is now $3.80 a gallon, up from $3.56 a month ago, according to the motor club AAA.

For March, sales of autos dropped a sharp 1.7 per cent, the biggest decline since February 2010. However, some of the weakness was because General Motors scaled back incentive offers. Economists believe the outlook for auto sales for the rest of this year remains bright, given improving job prospects.

Shoppers did spend 3.6 per cent more at furniture stores. Sales were also rose at appliance stores and specialty clothing stores. Sales at general merchandise stores, the category that includes big retailers such as Wal-Mart, rose 0.4 per cent.

However, sales at just department stores such as Macy’s saw a 0.2 per cent drop in March. A survey of major retailers from Costco to Victoria’s Secret had reported surprisingly good sales for March.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Mercator Minerals Ltd. (TSX:ML) has agreed to acquire Creston Moly Corp. (TSXV:CMS) in a friendly deal that values Creston at about $195 million.

Tuesday, April 12th, 2011

Dominion Lending Centres Clearlease Reports Mercator Minerals Ltd. (TSX:ML) has agreed to acquire Creston Moly Corp. (TSXV:CMS) in a friendly deal that values Creston at about $195 million.

VANCOUVER – (April 12, 2011) Clearlease.com Reports Mercator Minerals Ltd. (TSX:ML) has agreed to acquire Creston Moly Corp. (TSXV:CMS) in a friendly deal that values Creston at about $195 million.

The takeover announced Tuesday will create a “significant” copper and molybdenum miner with operations in the United States and Mexico, the two said in a statement.

“We see this as a significant first step towards creating a strong intermediate base metals company with an attractive growth profile,” said Mercator president and CEO Michael Surratt.

Creston shareholders will get 0.15 of a Mercator share and eight cents in cash for each of their shares, a premium of about 43 per cent based on the closing prices of each company’s stock prior to the announcement of the deal.

Mercator shares dropped sharply following the announcement, losing 32 cents or 8.7 per cent to $3.37. Creston stock jumped 11 cents or 24 per cent to 57 cents in heavy trading on the TSX Venture Exchange.

Under terms of the deal, current Creston president and CEO Bruce McLeod will head the combined company. Mercator’s Gavin Thomas will continue as non-executive chairman and Surratt will act as technical adviser on a consulting basis.

Mercator CFO Mark Distler will continue in that role.

Creston owns the El Creston development-stage molybdenum-copper project in Sonora, Mexico. The addition of El Creston will increase Mercator’s measured and indicated molybdenum resource by 85 per cent to 732 million pounds and it copper equivalent resource by 38 per cent to 7.78 billion pounds, the companies stated.

“This transaction will create a significant copper-moly company with an industry-leading growth profile and the management resources, capital markets profile and access to capital necessary to realize on the full potential of its portfolio,” McLeod said in a statement.

The deal requires approval of two-thirds of Creston shareholders at a meeting expected to take place in June. Creston’s board supports the deal and shareholders representing 11.5 per cent of the company’s outstanding stock have agreed to tender to it.

Mercator owns the Mineral Park Mine near Kingman, Ariz., as well as the El Pilar copper project in Northern Mexico.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###
Dominion Lending Centres Clearlease Reports, Mercator Minerals Ltd. (TSX:ML), has agreed to acquire, Creston Moly Corp. (TSXV:CMS), in a friendly deal that, values Creston at about $195 million.

VANCOUVER – (April 12, 2011) Clearlease.com Reports Mercator Minerals Ltd. (TSX:ML) has agreed to acquire Creston Moly Corp. (TSXV:CMS) in a friendly deal that values Creston at about $195 million.

The takeover announced Tuesday will create a “significant” copper and molybdenum miner with operations in the United States and Mexico, the two said in a statement.

“We see this as a significant first step towards creating a strong intermediate base metals company with an attractive growth profile,” said Mercator president and CEO Michael Surratt.

Creston shareholders will get 0.15 of a Mercator share and eight cents in cash for each of their shares, a premium of about 43 per cent based on the closing prices of each company’s stock prior to the announcement of the deal.

Mercator shares dropped sharply following the announcement, losing 32 cents or 8.7 per cent to $3.37. Creston stock jumped 11 cents or 24 per cent to 57 cents in heavy trading on the TSX Venture Exchange.

Under terms of the deal, current Creston president and CEO Bruce McLeod will head the combined company. Mercator’s Gavin Thomas will continue as non-executive chairman and Surratt will act as technical adviser on a consulting basis.

Mercator CFO Mark Distler will continue in that role.

Creston owns the El Creston development-stage molybdenum-copper project in Sonora, Mexico. The addition of El Creston will increase Mercator’s measured and indicated molybdenum resource by 85 per cent to 732 million pounds and it copper equivalent resource by 38 per cent to 7.78 billion pounds, the companies stated.

“This transaction will create a significant copper-moly company with an industry-leading growth profile and the management resources, capital markets profile and access to capital necessary to realize on the full potential of its portfolio,” McLeod said in a statement.

The deal requires approval of two-thirds of Creston shareholders at a meeting expected to take place in June. Creston’s board supports the deal and shareholders representing 11.5 per cent of the company’s outstanding stock have agreed to tender to it.

Mercator owns the Mineral Park Mine near Kingman, Ariz., as well as the El Pilar copper project in Northern Mexico.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Dominion Lending Centres Clearlease Reports Mercator Minerals Ltd. (TSX:ML) has agreed to acquire Creston Moly Corp. (TSXV:CMS) in a friendly deal that values Creston at about $195 million.

VANCOUVER – (April 12, 2011) Clearlease.com Reports Mercator Minerals Ltd. (TSX:ML) has agreed to acquire Creston Moly Corp. (TSXV:CMS) in a friendly deal that values Creston at about $195 million.

The takeover announced Tuesday will create a “significant” copper and molybdenum miner with operations in the United States and Mexico, the two said in a statement.

“We see this as a significant first step towards creating a strong intermediate base metals company with an attractive growth profile,” said Mercator president and CEO Michael Surratt.

Creston shareholders will get 0.15 of a Mercator share and eight cents in cash for each of their shares, a premium of about 43 per cent based on the closing prices of each company’s stock prior to the announcement of the deal.

Mercator shares dropped sharply following the announcement, losing 32 cents or 8.7 per cent to $3.37. Creston stock jumped 11 cents or 24 per cent to 57 cents in heavy trading on the TSX Venture Exchange.

Under terms of the deal, current Creston president and CEO Bruce McLeod will head the combined company. Mercator’s Gavin Thomas will continue as non-executive chairman and Surratt will act as technical adviser on a consulting basis.

Mercator CFO Mark Distler will continue in that role.

Creston owns the El Creston development-stage molybdenum-copper project in Sonora, Mexico. The addition of El Creston will increase Mercator’s measured and indicated molybdenum resource by 85 per cent to 732 million pounds and it copper equivalent resource by 38 per cent to 7.78 billion pounds, the companies stated.

“This transaction will create a significant copper-moly company with an industry-leading growth profile and the management resources, capital markets profile and access to capital necessary to realize on the full potential of its portfolio,” McLeod said in a statement.

The deal requires approval of two-thirds of Creston shareholders at a meeting expected to take place in June. Creston’s board supports the deal and shareholders representing 11.5 per cent of the company’s outstanding stock have agreed to tender to it.

Mercator owns the Mineral Park Mine near Kingman, Ariz., as well as the El Pilar copper project in Northern Mexico.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Walt Disney Co. (NYSE:DIS) and its Shanghai partner broke ground Friday for a long-awaited theme park that Disney hopes will draw legions of newly affluent Chinese and provide a cornerstone for its brand in the world’s most populous country.

Friday, April 8th, 2011


SHANGHAI – (April 8, 2011) Clearlease.com Reports Walt Disney Co. (NYSE:DIS) and its Shanghai partner broke ground Friday for a long-awaited theme park that Disney hopes will draw legions of newly affluent Chinese and provide a cornerstone for its brand in the world’s most populous country.

After about a decade’s worth of speculation over the plan, Disney CEO Bob Iger and Shanghai dignitaries were attending the groundbreaking ceremony in former farm and factory grounds southeast of the city, where a row of backhoes stood ready.

“Today is the culmination of many years of hard work, dedication and partnership,” Iger said. “This is a defining moment in our company’s history.”

The theme park will cost an estimated $3.7 billion and Shanghai, China’s commercial capital, plans for it to be part of an “international tourism resort” zone located not far from the city’s main international airport in Pudong.

The importance of the project was shown by the fact the Communist Party boss for Shanghai, Yu Zhengsheng, was at the groundbreaking along with Han Zheng, the mayor, and Disney executives.

“Disney is a classic urban entertainment brand. This project will help improve Shanghai’s profile as a world famous tourism destination and lend a big boost to the development of culture and leisure industries of Shanghai and the Yangtze river delta,” Han said.

Both sides are presumably hoping the park will prove more successful than Hong Kong Disneyland, which has struggled to remain profitable though it reports increasing popularity with visitors from the mainland, who account for more than 40 per cent of total attendance.

The park will be Disney’s fourth outside the U.S., after Paris, Tokyo and Hong Kong .

Disney and the city government set up a joint venture to manage the project, one of the city’s biggest foreign investments. The park is expected to cover about 1.5 square miles (4 square kilometres) out of a total of nearly 8 square miles (20 square kilometres) for the entire resort, according to the city government.

Local media reported that Disney will take a 43 per cent equity stake in the venture, while a venture owned by a consortium of government-backed local companies will own the majority 57 per cent. Disney will hold a 70 per cent stake in a joint venture management company that will run the park.

Walt Disney Parks and Resorts Chairman Tom Staggs said it has been a longtime goal of Disney to open a park in Shanghai.

“Coming to Shanghai in mainland China is a dream come true for all of us in Disney.”

He called Shanghai “a city where Chinese traditional culture and modern innovation come together.”

Disney has said it will take five years to open the park, while Han said it will open in four years.

Like other foreign entertainment companies, Disney has struggled to break into the tightly controlled China market while also fending off rampant piracy of both software and product lines.

Talk of a Disney park has been circulating for over a decade, and in recent years speculation over its location has driven rallies in share prices for local real estate developers.

Residents were long ago moved off farmland in the once rural area of Chuansha to make way for the park.

The project is a new showcase for Shanghai, whose aspirations as a tourism destination were fortified by its experience with the 2010 World Expo, which drew a record 72 million visitors during its six-month run, almost all of them Chinese tourists. Although the city is one of China’s most modern and affluent, it lacks the big historic landmarks claimed by ancient capitals like Beijing and Xi’an.

For that event, the city of 22 million built nearly a dozen subway lines, highways, airport upgrades and other modern facilities. The Disney project will prolong that building boom.

But China’s experiences with theme parks offer little encouragement, with most running at losses and many eventually closing down. Meanwhile, competition in the region has been heating up, with a planned Legoland Park in Malaysia, a massive amusement park on the Singaporean resort island of Sentosa and a slew of less well-known parks in the Shanghai region itself.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###
Shanghai, China, Walt Disney, Dominion Lending Centres Clearlease Reports, Walt Disney Co. (NYSE:DIS), and its Shanghai partner broke ground Friday for a long-awaited theme park that Disney hopes will draw legions of newly affluent Chinese and provide a cornerstone for its brand in the, world's most populous country.

SHANGHAI – (April 8, 2011) Clearlease.com Reports Walt Disney Co. (NYSE:DIS) and its Shanghai partner broke ground Friday for a long-awaited theme park that Disney hopes will draw legions of newly affluent Chinese and provide a cornerstone for its brand in the world’s most populous country.

After about a decade’s worth of speculation over the plan, Disney CEO Bob Iger and Shanghai dignitaries were attending the groundbreaking ceremony in former farm and factory grounds southeast of the city, where a row of backhoes stood ready.

“Today is the culmination of many years of hard work, dedication and partnership,” Iger said. “This is a defining moment in our company’s history.”

The theme park will cost an estimated $3.7 billion and Shanghai, China’s commercial capital, plans for it to be part of an “international tourism resort” zone located not far from the city’s main international airport in Pudong.

The importance of the project was shown by the fact the Communist Party boss for Shanghai, Yu Zhengsheng, was at the groundbreaking along with Han Zheng, the mayor, and Disney executives.

“Disney is a classic urban entertainment brand. This project will help improve Shanghai’s profile as a world famous tourism destination and lend a big boost to the development of culture and leisure industries of Shanghai and the Yangtze river delta,” Han said.

Both sides are presumably hoping the park will prove more successful than Hong Kong Disneyland, which has struggled to remain profitable though it reports increasing popularity with visitors from the mainland, who account for more than 40 per cent of total attendance.

The park will be Disney’s fourth outside the U.S., after Paris, Tokyo and Hong Kong .

Disney and the city government set up a joint venture to manage the project, one of the city’s biggest foreign investments. The park is expected to cover about 1.5 square miles (4 square kilometres) out of a total of nearly 8 square miles (20 square kilometres) for the entire resort, according to the city government.

Local media reported that Disney will take a 43 per cent equity stake in the venture, while a venture owned by a consortium of government-backed local companies will own the majority 57 per cent. Disney will hold a 70 per cent stake in a joint venture management company that will run the park.

Walt Disney Parks and Resorts Chairman Tom Staggs said it has been a longtime goal of Disney to open a park in Shanghai.

“Coming to Shanghai in mainland China is a dream come true for all of us in Disney.”

He called Shanghai “a city where Chinese traditional culture and modern innovation come together.”

Disney has said it will take five years to open the park, while Han said it will open in four years.

Like other foreign entertainment companies, Disney has struggled to break into the tightly controlled China market while also fending off rampant piracy of both software and product lines.

Talk of a Disney park has been circulating for over a decade, and in recent years speculation over its location has driven rallies in share prices for local real estate developers.

Residents were long ago moved off farmland in the once rural area of Chuansha to make way for the park.

The project is a new showcase for Shanghai, whose aspirations as a tourism destination were fortified by its experience with the 2010 World Expo, which drew a record 72 million visitors during its six-month run, almost all of them Chinese tourists. Although the city is one of China’s most modern and affluent, it lacks the big historic landmarks claimed by ancient capitals like Beijing and Xi’an.

For that event, the city of 22 million built nearly a dozen subway lines, highways, airport upgrades and other modern facilities. The Disney project will prolong that building boom.

But China’s experiences with theme parks offer little encouragement, with most running at losses and many eventually closing down. Meanwhile, competition in the region has been heating up, with a planned Legoland Park in Malaysia, a massive amusement park on the Singaporean resort island of Sentosa and a slew of less well-known parks in the Shanghai region itself.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###
SHANGHAI – (April 8, 2011) Clearlease.com Reports Walt Disney Co. (NYSE:DIS) and its Shanghai partner broke ground Friday for a long-awaited theme park that Disney hopes will draw legions of newly affluent Chinese and provide a cornerstone for its brand in the world’s most populous country.

After about a decade’s worth of speculation over the plan, Disney CEO Bob Iger and Shanghai dignitaries were attending the groundbreaking ceremony in former farm and factory grounds southeast of the city, where a row of backhoes stood ready.

“Today is the culmination of many years of hard work, dedication and partnership,” Iger said. “This is a defining moment in our company’s history.”

The theme park will cost an estimated $3.7 billion and Shanghai, China’s commercial capital, plans for it to be part of an “international tourism resort” zone located not far from the city’s main international airport in Pudong.

The importance of the project was shown by the fact the Communist Party boss for Shanghai, Yu Zhengsheng, was at the groundbreaking along with Han Zheng, the mayor, and Disney executives.

“Disney is a classic urban entertainment brand. This project will help improve Shanghai’s profile as a world famous tourism destination and lend a big boost to the development of culture and leisure industries of Shanghai and the Yangtze river delta,” Han said.

Both sides are presumably hoping the park will prove more successful than Hong Kong Disneyland, which has struggled to remain profitable though it reports increasing popularity with visitors from the mainland, who account for more than 40 per cent of total attendance.

The park will be Disney’s fourth outside the U.S., after Paris, Tokyo and Hong Kong .

Disney and the city government set up a joint venture to manage the project, one of the city’s biggest foreign investments. The park is expected to cover about 1.5 square miles (4 square kilometres) out of a total of nearly 8 square miles (20 square kilometres) for the entire resort, according to the city government.

Local media reported that Disney will take a 43 per cent equity stake in the venture, while a venture owned by a consortium of government-backed local companies will own the majority 57 per cent. Disney will hold a 70 per cent stake in a joint venture management company that will run the park.

Walt Disney Parks and Resorts Chairman Tom Staggs said it has been a longtime goal of Disney to open a park in Shanghai.

“Coming to Shanghai in mainland China is a dream come true for all of us in Disney.”

He called Shanghai “a city where Chinese traditional culture and modern innovation come together.”

Disney has said it will take five years to open the park, while Han said it will open in four years.

Like other foreign entertainment companies, Disney has struggled to break into the tightly controlled China market while also fending off rampant piracy of both software and product lines.

Talk of a Disney park has been circulating for over a decade, and in recent years speculation over its location has driven rallies in share prices for local real estate developers.

Residents were long ago moved off farmland in the once rural area of Chuansha to make way for the park.

The project is a new showcase for Shanghai, whose aspirations as a tourism destination were fortified by its experience with the 2010 World Expo, which drew a record 72 million visitors during its six-month run, almost all of them Chinese tourists. Although the city is one of China’s most modern and affluent, it lacks the big historic landmarks claimed by ancient capitals like Beijing and Xi’an.

For that event, the city of 22 million built nearly a dozen subway lines, highways, airport upgrades and other modern facilities. The Disney project will prolong that building boom.

But China’s experiences with theme parks offer little encouragement, with most running at losses and many eventually closing down. Meanwhile, competition in the region has been heating up, with a planned Legoland Park in Malaysia, a massive amusement park on the Singaporean resort island of Sentosa and a slew of less well-known parks in the Shanghai region itself.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Constellation Brands, Inc. (NYSE:STZ) posts profit in Q4 2010 as North American wine sales improve

Thursday, April 7th, 2011

Dominion Lending Centres Clearlease, Dominion Lending Centres Clearlease Reports, Constellation Brands, Inc. (NYSE:STZ) posts profit in Q4 2010 as North American wine sales improve, Wine, Alcohol Sales, California Wine, US Wine, Mondavi, premium wines, The maker of Robert Mondavi wine, Svedka vodka, Corona beer, Corona, Robert Mondavi wine

ROCHESTER, N.Y. – (April 7, 2011) Clearlease.com Reports Constellation Brands Inc. said Thursday that Americans brought home more wine through the holiday season, taking advantage of more discounts to trade up to higher-premium brands.

The maker of Robert Mondavi wine, Svedka vodka and Corona beer posted a $279.8 million fourth-quarter profit, recovering from a year-ago loss as it saw a 17 per cent jump in wine sales in the key North America market.

Its revenue in the December-to-February period edged up just 1 per cent to $715.3 million as the bump in wine volumes was largely offset by the recent sale of much of its Australian and British wine business.

While alcoholic-beverage purchases at bars and restaurants remain sluggish, the Victor, N.Y., company is benefiting from an improved U.S. economy even though promotional activity at stores is still highly competitive.

“The consumer is definitely back, is definitely purchasing,” CEO Robert Sands told analysts in a conference call. But the typical take-home shopper “remains extremely price-sensitive and is looking for a deal and, therefore, promotional activity remains robust. … We see a lot of trading-up going on in the business.”

This year, he added, “I don’t think that we’re anticipating a big change in consumer behaviour.”

The quarterly results beat Wall Street expectations and the company forecast improved earnings in the current fiscal year. In addition, its board of directors authorized a $500 million share repurchase program “to provide flexibility over a multi-year period.”

Its shares rose $1.32, or 6.5 per cent, to $21.70 in afternoon trading Thursday. The stock is trading at the upper end of a 52-week range of $14.97 to $22.52.

“We believe (the company’s) core business is improving, and is beginning to reflect the strength of the wine category,” UBS analyst Kaumil Gajrawala said in a note to clients.

The company’s brands include Clos du Bois, Woodbridge by Robert Mondavi, Blackstone and Ravenswood. It also sells liquors such as Black Velvet Canadian whiskey, and its beer imports include Modelo Especiale from Mexico , Tsingtao from China and St. Pauli Girl from Germany.

Spirits sales rose 3 per cent, driven by strong gains for Svedka, while sales of Corona and other imported beers surged 15 per cent.

Boosted by volume growth, operating earnings from Crown Imports, its beer joint venture with Mexican brewer Grupo Modelo SA, rose 18 per cent to $97 million on sales of $480.4 million.

Net income for all of Constellation Brands equaled $1.32 per share. A year earlier, the company lost $51 million, or 23 cents a share, on sliding sales of spirits and beer and lingering weakness in the U.S. wine market.

Excluding items, it earned 35 cents per share. Wall Street expected 26 cents a share, according to FactSet.

In January, Constellation Brands lost its eight-year-long status as the world’s No. 1 winemaker when it sold 80 per cent of its Australian and British wine business to an Australian private equity firm for $230 million. It recorded a net pre-tax gain of $84 million and a net tax benefit of $198 million related to the divestiture.

Despite the divestiture, wine sales still account for more than 90 per cent of revenue.

The company has been shifting its focus to higher-priced brands and remains the biggest seller by volume of premium-category wines priced between $5 and $15. Investors expect the sale of foreign assets to create a smaller but more profitable business with less risk.

In the current fiscal year, Constellation Brands expects adjusted earnings will rise to between $1.90 and $2 a share from $1.91 in the fiscal year that ended in February. Analysts were looking for a per-share profit of $1.80 this year, according to FactSet.

For all of fiscal 2011, Constellation Brands earned $560 million, or $2.62 per share, up sharply from $99.3 million or 45 cents a share in the previous year. But sales after excise taxes eased to $3.33 billion from $3.36 billion.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Loonie ticks higher amid European rate hike, new uncertainty from Japanese quake while oil prices moved above the US$109 a barrel level.

Thursday, April 7th, 2011

Dominion Lending Centres Clearlease Reports, Loonie ticks higher, European rate hike, new uncertainty, Japanese quake while, OIL US$109 a barrel, oil prices moved above the US$109 a barrel level,Commercial Funding, Commercial Lending, Commercial Leasing, Commercial Mortgages, Residential Mortgage, Equipment Lease, National Equipment Leasing Co, National Equipment Lease, NEL, Canada, toronto, Calgary, Edmonton Lease, Lease in Kelowna, Lease in Victoria

VANCOUVER, BC – (April 7, 2011) Clearlease.com Reports today the Canadian dollar was slightly higher Thursday amid a rate hike by the European Central Bank while oil prices moved above the US$109 a barrel level.

The loonie was well off early highs amid fresh market uncertainty after another earthquake struck Japan , rising 0.02 of a cent to 104.14 cents US. The currency had earlier run as high as US$104.49, its highest level since November 2007.

Japan ’s northeastern coast was hit with a strong aftershock that measured 7.4 on the Richter scale . The Japan meteorological agency has issued a tsunami warning for a wave of up to one meter for a coastal area already ravaged by last month’s tsunami.

The European Central Bank raised its key interest rate by a quarter point to deal with inflation even as several euro member countries struggle with ailing economies and a debt crisis.

The refinancing rate was lifted to 1.25 per cent from a record low of one per cent, where it had been since May 2009, only a day after Portugal asked for an international bailout.

“Core inflation has stabilized and the pressure on (consumer price index) is on headline inflation,” said Scotia Capital chief currency strategist Camilla Sutton.

“However, unlike the Fed, the ECB focuses on headline and its aim is to maintain it at or below two per cent. Accordingly, with the latest flash estimate having come in at 2.6 per cent year-over-year the ECB is concerned. In addition, the spread between CPI and the ECB policy rate has never been higher.”

The Bank of England said Thursday it was keeping its key rate unchanged.

Meanwhile, the Bank of Canada makes its next scheduled announcement on interest rates on Tuesday. The central bank is widely expected to leave rates unchanged until later in the year.

Oil prices headed up with the May crude contract on the New York Mercantile Exchange ahead 68 cents to US$109.51 a barrel.

Crude has traded around US$109 this week as traders mull the impact of Libya’s civil conflict, a weakening U.S. dollar and China’s fourth interest rate hike since October. Prices have surged 29 per cent since mid-February.

The May copper contract gained three cents to US$4.40 a pound after jumping 10 cents on Wednesday.

Bullion prices also ticked higher with the June gold contract on the Nymex up $2.60 to US$1,461.10 an ounce.

Meanwhile, traders are also looking ahead to a solid Canadian employment report at the end of the week. Statistics Canada is expected to report Friday that the economy added about 30,000 jobs in March and that data could further strengthen the currency.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports US charges 2 with ‘decades-long’ insider trading scheme using data stolen from law firms

Thursday, April 7th, 2011

Dominion Lending Centres Clearlease Reports US charges 2 with 'decades-long' insider trading scheme using data stolen from law firms

TORONTO – (April 7, 2011) Clearlease.com Reports a former corporate lawyer and stock trader were arrested Wednesday and charged with running an insider trading scheme that brought in so much money the suspects spoke at one point about burning $175,000 in cash to avoid detection.

Garrett Bauer and Matthew Kluger face multiple counts of insider trading and obstruction in addition to single counts of conspiracy and money laundering. Authorities said the scheme netted more than $30 million in profit over the last five years.

The 43-year-old Bauer, wearing a grey pullover and jeans, appeared in handcuffs and ankle shackles in U.S. District Court in Newark on Wednesday afternoon. He did not enter a plea and was ordered detained until a bail hearing. Kluger, 50, was to appear in federal court in Alexandria, Virginia.

Bauer is accused of reaping the lion’s share of the profits. In seeking detention for Bauer, Assistant U.S. Attorney Matthew Beck said investigators seized two trading accounts belonging to Bauer worth a total of $20.5 million and bank accounts worth more than $37 million. Bauer’s attorneys, William Davis and Donald Derfner, called the amounts “exaggerated, by a lot.”

If convicted, Bauer faces 12 to 15 years in prison by a conservative calculation, Beck told U.S. Magistrate Mark Falk. The government is seeking to seize his $6.65 home on New York’s Upper East Side and another home in Boca Raton, Florida.

According to the criminal complaint, Kluger illegally took information on upcoming company mergers from his Washington, D.C., law firm, Wilson Sonsini Goodrich & Rosati, and passed it on to a middleman who has not been identified.

The middleman would pass the information to Bauer, who would buy stock ahead of the mergers. Among the mergers were Adobe Systems’ acquisition of Omniture, Hewlett-Packard’s acquisition of 3Com and Oracle’s purchase of Sun Microsystems.

The Oracle-Sun merger made the scheme more than $11 million in illicit profit, the complaint alleges.

In a statement emailed Wednesday, the law firm said: “We were shocked to learn of the conduct the government has alleged a former employee committed against us and two other prominent law firms…”

Authorities allege the conspiracy dates back to the mid-1990s when Kluger worked for prominent New York law firms Cravath Swaine & Moore and Skadden, Arps, Slate, Meagher & Flom, though the substantive counts released Wednesday relate to activity when he worked for Wilson Sonsini.

Evan Chesler, head of Cravath, said his firm “has very strong policies designed to prevent” what Kluger is alleged to have done, and said the company is co-operating fully with the investigation.

In a statement, Skadden also said it is co-operating with investigators and said: “We have strict policies that protect our clients’ confidential information, which we monitor closely. It would be deeply disappointing if these policies were not followed in this instance.”

Bauer and Kluger were able to escape detection by using prepaid, disposable cellphones and by not having direct contact before the stock purchases, according to Daniel Hawke, regional director of the Securities and Exchange Commission’s market abuse unit.

During one phone conversation recorded by the unnamed coconspirator, Bauer allegedly tells the person to destroy $175,000 in cash because his fingerprints are on it.

“You know what, if you feel better burn the money and I’ll give it back to you,” Bauer says.

“Burn it?” the person asks.

“I would burn it in a fire,” Bauer responds.

It is not known whether the money actually was destroyed.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Oil reaches new 30-month high as U.S. dollar weakens against major currencies

Thursday, April 7th, 2011

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NEW YORK, N.Y. (April 7, 2011) Clearlease.com Reports Oil rose again Wednesday, passing US$109 a barrel at one point, as the U.S. dollar weakened against major foreign currencies.

Benchmark West Texas Intermediate gained 49 cents to settle at $108.83 per barrel on the New York Mercantile Exchange. It climbed as high as $109.15 earlier in the day — the highest since September 2008.

The U.S. dollar, which tends to move in the opposite direction from oil, lost ground against foreign currencies. The euro climbed to a 15-month high a day before the European Central Bank was expected to increase interest rates. Oil is priced in dollars, and tends to rise when the U.S. dollar falls and makes crude cheaper for investors holding foreign currency.

Oil has climbed for several weeks as the Libyan rebellion shut down most of that OPEC country’s exports, and energy traders worried about future supplies from the region. Libya produced nearly two per cent of the world’s oil, and an extended shutdown could threaten the production capacity of other OPEC members that are covering some of the shortage.

Gasoline pump prices in the U.S. have followed oil higher, climbing to a national average of more than $3.71 for a gallon (nearly $1 a litre) of regular on Wednesday, according to AAA, Wright Express and Oil Price Information Service. Pump prices have increased nearly 64 cents gallon since the beginning of the year.

Oil rose even though the Energy Information Administration reported that U.S. crude supplies grew more than expected last week, increasing by two million barrels. Analysts expected an increase of 1.3 million barrels, according to Platts, the energy information arm of McGraw-Hill Cos.

Gasoline demand dropped by 112,000 barrels per day. Platts senior oil analyst Linda Rafield said demand could be falling because of rising pump prices and the high unemployment rate, which is keeping a lid on consumer spending.

In other Nymex trading for May contracts, heating oil added a less than a penny to settle at $3.1912 per gallon and gasoline futures lost 0.84 cent to settle at $3.1929 per gallon. Natural gas fell 8.5 cents to settle at $4.146 per 1,000 cubic feet.

In London, Brent crude rose four cents to settle at $121.93 per barrel on the ICE Futures exchange.

(TSX:ECA, TSX:IMO, TSX:SU, TSX:HSE, NYSE:BP, NYSE:COP, NYSE:XOM, NYSE:CVX, TSX:CNQ, TSX:TLM, TSX:COS.UN, TSX:CVE)

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Active Control (TSXV:ACT), a provider of wireless and fibre network technology to acquire PowerCart mine technology

Wednesday, April 6th, 2011

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Vancouver, B.C., Canada (April 6, 2011) Clearlease.com Reports today that Active Control Technology Inc. (TSXV:ACT), a provider of wireless and fibre network technology for mine communications, and the commercial security and access control industries, has signed a deal to acquire PowerCart Inc.

PowerCart makes mobile power units and is a supplier to the company. It has operations in Mississauga, Ont. and Medina, Ohio.

Active Control shares were halted on the TSX Venture Exchange pending the news.

The pricetag of the share swap deal is 50 per cent of the value of current issued and outstanding capital of Active Control. The company is worth about $2.3 million on the TSX Venture Exchange.

When the deal closes, shareholders of PowerCart will own 33 per cent of Active Control.

PowerCart currently has annual revenues of $2.5 million and earnings of $240,000.

In Wednesday trading on the TSXV market, Active Control shares fell half a cent to one cent, a drop of 33 per cent, on a trading volume of 177,000 shares.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Peak Energy Services Ltd. (TSX:PES) has agreed to a $200-million takeover offer from Clean Harbors, Inc. (NYSE:CLH), a Boston-area company that provides environmental, energy and industrial services.

Wednesday, April 6th, 2011

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Vancouver, B.C., Canada (April 6, 2011) Clearlease.com Reports today that Peak Energy Services Ltd. (TSX:PES) has agreed to a $200-million takeover offer from Clean Harbors, Inc. (NYSE:CLH), a Boston-area company that provides environmental, energy and industrial services.

The offer of 95 cents per share is 28 per cent above Tuesday’s closing price for Peak’s shares on the Toronto Stock Exchange.

Peak’s board of directors is in support of Clean Harbor’s takeover proposal and has scheduled a shareholder meeting to vote on the deal for May 25.

About 53.6 per cent of Peak’s outstanding shares, held by Deans Knight Capital Management as well as Peak’s directors and officers, have been pledged in support of the transaction.

To pass, the deal requires two-thirds of the votes cast at the meeting.

Peak has agreed to pay up to $7.3 million to the U.S. company under certain circumstances while Clean Harbour will pay up to $4.5-million to the Calgary company in other situations if the deal is completed.

Peak Energy Services Ltd. is a diversified energy services organization operating in western Canada and the United States of America. It provides drilling and production services in the oil and natural gas industry and water technology solutions to customers in North America.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports stocks have moved mostly higher in mid-morning trading on Wednesday.

Wednesday, April 6th, 2011

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Vancouver, B.C., Canada (April 6, 2011) Clearlease.com Reports With traders expressing optimism about the economic outlook, stocks have moved mostly higher in mid-morning trading on Wednesday. The buying interest on Wall Street comes after the markets ended the previous session nearly flat.

The major averages are currently posting moderate gains, off their highs for the session. The Dow is up 38.71 points or 0.3 percent at 12,432.61, the Nasdaq is up 15.47 points or 0.6 percent at 2,806.66 and the S&P 500 is up 3.85 points or 0.3 percent at 1,336.48.

The strength in the markets comes as traders seem to be becoming more confident in the outlook for the economy despite the continued unrest in Libya and the ongoing nuclear crisis in Japan.

Recent news on the merger-and-acquisition front has contributed to the positive sentiment, with the deals seen as a sign that corporations are optimistic about the future.

Nonetheless, the lack of any significant U.S. economic news due to be released on the day may be limiting the upside for the markets.

Among individual stocks, Applied Materials (AMAT) is posting a notable gain after the company agreed to sell the assets of its semiconductor process kit precision cleaning, coating services and associated analytical testing services businesses to Quantum Global Technologies.

Applied Materials did not disclose the terms of the acquisition agreement but said that the deal is expected to close within 30 days.

Curtiss-Wright (CW) is also moving to the upside in reaction to its announcement that Boeing (BA) has selected the company to provide emergent and specialty production support for the final assembly and delivery of the 787 Dreamliner in South Carolina.

Meanwhile, shares of Cephalon (CEPH) are nearly flat after the company said its board has formally rejected Valeant Pharma’s (VRX) $73 per share takeover offer. Cephalon’s board has deemed the offer as inadequate and not in the best interests of its shareholders.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports updated feasibility study has doubled proven and probable gold reserves at Goldcorp Inc’s (TSX:G) Cerro Negro project to 4.3 million ounces.

Wednesday, April 6th, 2011

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Vancouver, B.C., Canada (April 6, 2011) Clearlease.com An updated feasibility study has doubled proven and probable gold reserves at Goldcorp Inc’s (TSX:G) recently acquired Cerro Negro project in Argentina to 4.3 million ounces.

The Vancouver-based miner said Tuesday it now expects annual gold production of 550,000 ounces in the first five years of the mine’s operation, with average cash costs of less than US$200 per ounce in that period.

Over the full 12-year mine life, based only on existing reserves, annual production is expected to average 340,000 ounces per year at cash costs of approximately US$290 an ounce.

Total capital cost are expected to be US$750 million to full production in 2013.

Meanwhile, the company said vein extensions and new vein targets support strong potential for additional reserve growth in 2011.

“The positive results in this feasibility study confirm our expectations that Cerro Negro will contribute tremendous value for shareholders as Goldcorp’s next cornerstone gold mine,” said president and CEO Chuck Jeannes.

“Capital cost estimates reflect more than a doubling of throughput, and the straightforward nature of the project design should result in a smooth construction period toward first gold production in just over two years.”

Jeannes described the project as “extremely robust” as now configured but said that with numerous additional veins already identified “we are excited by the potential for future expansion of gold reserves and near-term upside to the production profile.”

Stock in Goldcorp, which reported the feasibility results after markets closed, was up $2.76 or 5.8 per cent, at C$50.30 Tuesday on the Toronto Stock Exchange.

The gold sector was the leading advancer on the TSX as the June bullion contract on the New York Mercantile Exchange rose $19.50 to a record close of US$1,452.50 an ounce.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports GTA REALTORS Report Monthly Resale Housing Figures for March 2011

Wednesday, April 6th, 2011

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Vancouver, B.C., Canada (April 6, 2011) Clearlease.com Reports today that the Greater Toronto REALTORS® reported 9,262 transactions through the TorontoMLS® system in March 2011, representing the second best March result on record. The number of transactions was 11 per cent lower than the record result reported in March 2010.

“The strong home sales reported in March and throughout the first quarter of 2011 have been based on a solid affordability picture and improving economic conditions in the GTA and country-wide,” said Toronto Real Estate Board (TREB) President Bill Johnston.

The average selling price for March 2011 was up five per cent year-over-year to $456,147. The strongest average annual price growth was reported for condominium apartments and semi-detached houses, at approximately seven per cent for both home types.

“Market conditions were tighter in March compared to last year. With more competition between buyers, we have seen a strong but sustainable rate of price growth,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Asia’s economic growth will ease to just under 8 per cent for the next two years as the region continues a solid recovery, the Asian Development Bank said Wednesday

Wednesday, April 6th, 2011

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Vancouver, B.C., Canada (April 6, 2011) Clearlease.com Reports Asia’s economic growth will ease to just under 8 per cent for the next two years as the region continues a solid recovery, the Asian Development Bank said Wednesday, while warning that rising food prices threaten to send more people into poverty.

The Manila-based lender said the region’s economic recovery is still firm even though those growth rates are lower than the 9 per cent expansion in 2010, when an exceptionally strong rebound from the global financial crisis took place.

The region in the bank’s annual economic report — 45 developing or newly industrializing Asian economies, excluding Japan — is forecast to grow 7.8 per cent in 2011 and 7.7 per cent in 2012.

“Developing Asia, having shown resilience throughout the global recession, is now consolidating its recovery and rapid expansion in the region’s two giants — the People’s Republic of China and India — will continue to lift regional and global growth,” ADB Chief Economist Changyong Rhee said.

However, the bank warned that inflation remains one of Asia’s biggest challenges, with prices forecast to rise 5.3 per cent this year before tapering off to 4.6 per cent in 2012.

Asia’s developing countries are home to two-thirds of the world’s poor — about 600 million people — who tend to spend more of their incomes on food and will be hit harder by rising food prices.

“This widens income inequality and could potentially lead to social tensions,” the report said.

A weak U.S. economy, sovereign debt problems in countries that use the euro common currency and Japan ‘s recovery from the devastating March 11 earthquake and tsunami are other possible threats to growth, the ADB said.

Higher oil prices stemming from unrest in the Middle East could also undermine the region’s recovery, the bank said, while also noting that the leaking radiation crisis at a Japanese nuclear plant hit by the tsunami is raising concerns about nuclear generation as an energy source.

The ADB encouraged Asia’s emerging economies to forge so-called “South-South” links with other developing nations in the southern hemisphere to avoid relying on the wealthy industrialized West and Japan , whose economies remain weak after the 2008 global financial crisis.

In drawing up its forecast, the ADB assumes Japan ‘s economy will eke out modest growth of 1.5 per cent this year and 1.8 per cent in 2012.

Assuming Japan ‘s nuclear reactor crisis doesn’t deteriorate significantly, Rhee said the disaster’s long-term impact on growth would not be dire and may even nudge it higher as the country spends on reconstruction.

The impact on the rest of Asia would be mixed, as some countries benefit from higher exports of goods used in rebuilding, while others see less demand because of production disruptions.

East Asian economies including China, Hong Kong , Taiwan and South Korea will lead growth, expanding an overall 8.4 per cent in 2011 and 8.1 per cent in 2012.

The ADB said China’s economic expansion will continue to be driven by government investment in infrastructure and other fixed assets, although it will slow as stimulus spending falls and interest rates rise. Export growth will also slow as demand from major Western markets remains sluggish, the ADB said. China is forecast to grow 9.6 per cent in 2011 and 9.2 per cent in 2012, down from 10.3 per cent last year.

India’s economy, which grew 8.6 per cent in 2010, is forecast to expand 8.2 per cent in 2011 before strengthening to 8.8 per cent in 2012.

Southeast Asia, including Singapore, Thailand, Malaysia and the Philippines, will grow 5.5 per cent in 2011 and 5.7 per cent in 2012. Indonesia and Vietnam are expected to expand more than 6 per cent for the two-year period.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports First-time buyers drive strong housing market

Wednesday, April 6th, 2011

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Vancouver, B.C., Canada (April 6, 2011) Clearlease.com Reports The Canadian housing market has remained hot in the early stages of 2011, thanks to a strong push from first-time buyers in big Canadian cities.

The threat of higher interest rates down the road has first-time buyers rushing to buy now and avoid getting caught with an inflated interest rate on their mortgage.

Most Canadian cities are reporting housing sales above the levels in 2010, according to a report by Remax.

Most of today’s first-time buyers appear to be dual-income, university or college educated couples with solid earnings and moderate financial knowledge.

The couples are tending to spend close to the average, if not more, in order to secure property in sought-after locations in the city.

Not surprisingly, condominiums and townhouses remain the most attractive properties for first-time homeowners.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports American Superconductor Corporation (NASDAQ: AMSC) was hardly looking super and hardly looking American after the close of trading this Tuesday.

Wednesday, April 6th, 2011

Dominion Lending Centres Clearlease, Clearlease.com, Dominion Lending Centres Clearlease Reports, American Superconductor Corporation, (NASDAQ: AMSC), Superconductor Leasing, Lease a Supercondudctor, Commercial Financing, Commercial Funding, Commercial Leasing, Commercial Line of Credit, Commercial LOC

Vancouver, B.C., Canada (April 6, 2011) – Clearlease.com Reports American Superconductor Corporation (NASDAQ: AMSC) was hardly looking super and hardly looking American after the close of trading this Tuesday. The company gave a guidance update due to a key customer order refusal and shares are getting crushed in the after-hours session.

The company announced that Sinovel Wind Group Co., Ltd. refused to accept an order delivery for core electronic components for wind turbines. The order refusal came on March 31 from the Chinese wind power company. American Superconductor said that it believes Sinovel is planning to cut down on inventories before it accepts any new parts shipments.

This order delay is called the primary reason for the shortfall and the company now sees fourth quarter sales of less than $42 million and that it will generate a net loss for the fourth quarter. As a result, AMSC currently expects its full year fiscal 2010 revenues to be less than $355 million. The prior guidance was for $430 million to $440 million for the year.

Another hit will be to its cash as it was at $260.5 million on December 31, 2010 and the new cash and equivalents figure will be closer to $240 million. As a result of the deliveries being refused, the company is now dealing with a review on the timing of its revenue recognition on approximately $56 million of unpaid shipments in the second, third and fourth quarters of fiscal 2010.

While the company is discussing when Sinovel plans to take future deliveries, it is also discussing when Sinovel will pay for past shipments. American Superconductor said it is now “implementing plans to better align spending with near-term revenues while continuing to maintain a high level of service and support for its global Wind and Grid customers.” In short, it was caught unexpectedly with what brokers would call a “DK” trade and now it is slashing costs near-term.

What is sad about this besides the drop is that this company is supposed to be one of the wind energy winners and alternative energy winners out there. It just seems as though the move to alternative energy is still petering out as governments tighten the belt and as customers are growing cautious on large capital projects. We knew that wind was facing some of the same issues that solar and other alternative energy players were facing, but this is crushing what was already a weak stock.

American Superconductor shares closed up 0.8% at $24.88 against a 52-week trading range of $21.70 to $38.88, but the after-hours trading is severely punishing the stock. Go ahead and expect a 52-week low and then some as this one is down about 44% at $13.60 after the close.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Allied Gold Limited (TSX:ALG)(ASX:ALD)(AIM:AGLD) Completes A$93.8 Million Placement

Tuesday, April 5th, 2011

  Dominion Lending Centres Clearlease Reports Allied Gold Limited (TSX:ALG)(ASX:ALD)(AIM:AGLD) Completes A$93.8 Million Placement

Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports – Proceeds to Retire Debt, Improve Simberi (PNG) Operational Efficiency, Expand Simberi Production and Working Capital

– A$93.8 Million / GBP 60.1 Million Placement to Institutional and Sophisticated Investors
– The Placement Shares Represent 15% of Current Issued Share Capital
– New Shares Issued at A$0.60 / 38.5p Per Share
– Allied to Advance LSE Main Market Listing

THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY JURISDICTION IN WHICH SUCH PUBLICATION RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL

Allied Gold Limited (TSX:ALG)(ASX:ALD)(AIM:AGLD) (“Allied Gold” or the “Company”) has successfully completed the book build for a placement of new ordinary shares (“Shares”) to institutional and sophisticated investors, raising gross proceeds of approximately A$93.8 million (GBP 60.3 million) (the “Placement”).

The Shares under the Placement will be issued at a price of A$0.60 (or 38.5p) per share (“Issue Price”), which represents a discount of:

— 5.5% to Allied Gold’s last closing share price on the ASX of A$0.635; and — 4.8% to Allied Gold’s 5 day volume weighted average share price on the ASX of A$0.630.

Under the Placement Allied Gold will issue approximately 156.3 million Shares with admission of the Shares on AIM expected to be Monday 11 April 2011 and admission of shares on ASX expected to be on Tuesday 12 April 2011.

Application has been made to the London Stock Exchange for the Shares to be admitted to trading on AIM. The Placement is also subject to receipt of approval from the Toronto Stock Exchange (“TSX”).

The Shares, when issued, will rank pari passu with existing ordinary shares of the Company. Immediately following the admission of the Shares, Allied Gold will have approximately 1,199 million ordinary shares on issue.

RBC Capital Markets is acting as Global Lead Manager and Sole Bookrunner on the Placement, Casimir Capital L.P. is acting as Joint Lead Manager and Mirabaud Securities LLP, Oriel Securities Limited and Wilson HTM are acting as Co-Managers on the Placement.

USE OF FUNDS

Allied Gold intends to use the net proceeds from the Placement to:

— Retire approximately A$50.0 million (GBP 32.1 million) of existing debt
facilities, thus strengthening Allied Gold’s balance sheet;

— At Simberi, replace diesel fuel electricity generation with heavy fuel
oil at a cost of approximately A$15.0 million (GBP 9.6 million), to
reduce Simberi’s electricity generation costs by approximately 25 per
cent;

— Provide the balance of funding required to expand the Simberi gold mine
(“Simberi”) in Papua New Guinea (PNG) from 2.4Mtpa to 3.5Mtpa, to lift
gold production from 70,000 ozpa to 100,000 ozpa; and

— Provide working capital for exploration and other corporate purposes.

INTENTION TO MOVE TO THE MAIN MARKET OF THE LONDON STOCK EXCHANGE

Allied Gold intends to apply for admission of its ordinary share capital to the Official List of the UK Listing Authority (the “Official List”) and for a Premium Listing on the London Stock Exchange’s (“LSE”) Main Market for listed securities.

The Company has been examining the merits of moving to the Main Market for some time and believes it can assist the Company with its profile, the liquidity of its shares, and an increased potential investor base.

Such a move will be subject to shareholder approval. Shareholders will be kept fully informed of this process as it progresses and as the timetable is confirmed.

RBC Capital Markets has been appointed as sponsor in relation to the move to the Main Market of the LSE.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports QMI Seismic (CNSX:QSS) says 2010 purchase of QTech hasn’t worked out, returns it to seller

Tuesday, April 5th, 2011

Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports today that QMI Seismic Inc. (CNSX:QSS) is unwinding its purchase of the QTech manufacturing and distribution facilities in Coquitlam, B.C., near Vancouver, saying the anticipated benefits of the 2010 deal haven’t materialized.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports today that QMI Seismic Inc. (CNSX:QSS) is unwinding its purchase of the QTech manufacturing and distribution facilities in Coquitlam, B.C., near Vancouver, saying the anticipated benefits of the 2010 deal haven’t materialized.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports today that QMI Seismic Inc. (CNSX:QSS) is unwinding its purchase of the QTech manufacturing and distribution facilities in Coquitlam, B.C., near Vancouver, saying the anticipated benefits of the 2010 deal haven’t materialized.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Equipment Leasing Reports Equinox Minerals (TSX:EQN) shares jumped nearly 30 per cent in early trading Monday

Monday, April 4th, 2011

Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Equinox Minerals Ltd.’s share price jumped nearly 30 per cent in early trading Monday.

Chinese state-owned Minmetals said it will offer $7 per share, which represents a 23 per cent premium to the closing price of Equinox (TSX:EQN) shares on the Toronto Stock Exchange on Friday.

China is hungrily eyeing interests in miners and oil companies in Canada and around the world in an attempt to secure resource assets like copper and oil that are critical to fuel the Asian country’s rapid economic growth.

Until now, deep-pocketed Chinese businesses have shied away from full-scale takeover bids for Canadian companies as any acquisition would be subject to a “net benefit” foreign ownership review by the federal government under the Investment Canada Act.

Equinox’s flagship asset is the Lumwana copper mine in Zambia, one of the largest new copper mines to be developed globally over the last few years.

It is also developing another copper mine in the Middle East.

Equinox confirmed late Sunday that it was aware of the Minmetal announcement.

“The board of directors of Equinox will be meeting to consider this unsolicited proposal, and will comment further following careful consideration of the terms and implied value for Equinox,” the company said in a news release.

Equinox has offered $8.10 per Lundin share in cash or 1.2903 Equinox shares plus a penny for each share. The amount of cash is limited to $2.4 billion, while the number of shares offered is capped at 380 million. Under the Equinox deal, current Lundin shareholders would have owned about 30 per cent of the new Equinox.

The Equinox offer has been repeatedly criticized for the amount of money the company will have to borrow to make its offer.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Equipment Leasing Reports Equinox Minerals (TSX:EQN) shares jumped nearly 30 per cent in early trading Monday

Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Equinox Minerals Ltd.’s share price jumped nearly 30 per cent in early trading Monday.

Chinese state-owned Minmetals said it will offer $7 per share, which represents a 23 per cent premium to the closing price of Equinox (TSX:EQN) shares on the Toronto Stock Exchange on Friday.

China is hungrily eyeing interests in miners and oil companies in Canada and around the world in an attempt to secure resource assets like copper and oil that are critical to fuel the Asian country’s rapid economic growth.

Until now, deep-pocketed Chinese businesses have shied away from full-scale takeover bids for Canadian companies as any acquisition would be subject to a “net benefit” foreign ownership review by the federal government under the Investment Canada Act.

Equinox’s flagship asset is the Lumwana copper mine in Zambia, one of the largest new copper mines to be developed globally over the last few years.

It is also developing another copper mine in the Middle East.

Equinox confirmed late Sunday that it was aware of the Minmetal announcement.

“The board of directors of Equinox will be meeting to consider this unsolicited proposal, and will comment further following careful consideration of the terms and implied value for Equinox,” the company said in a news release.

Equinox has offered $8.10 per Lundin share in cash or 1.2903 Equinox shares plus a penny for each share. The amount of cash is limited to $2.4 billion, while the number of shares offered is capped at 380 million. Under the Equinox deal, current Lundin shareholders would have owned about 30 per cent of the new Equinox.

The Equinox offer has been repeatedly criticized for the amount of money the company will have to borrow to make its offer.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail:
clearlease@gmail.com mailto:clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Equinox Minerals Ltd.’s share price jumped nearly 30 per cent in early trading Monday.

Chinese state-owned Minmetals said it will offer $7 per share, which represents a 23 per cent premium to the closing price of Equinox (TSX:EQN) shares on the Toronto Stock Exchange on Friday.

China is hungrily eyeing interests in miners and oil companies in Canada and around the world in an attempt to secure resource assets like copper and oil that are critical to fuel the Asian country’s rapid economic growth.

Until now, deep-pocketed Chinese businesses have shied away from full-scale takeover bids for Canadian companies as any acquisition would be subject to a “net benefit” foreign ownership review by the federal government under the Investment Canada Act.

Equinox’s flagship asset is the Lumwana copper mine in Zambia, one of the largest new copper mines to be developed globally over the last few years.

It is also developing another copper mine in the Middle East.

Equinox confirmed late Sunday that it was aware of the Minmetal announcement.

“The board of directors of Equinox will be meeting to consider this unsolicited proposal, and will comment further following careful consideration of the terms and implied value for Equinox,” the company said in a news release.

Equinox has offered $8.10 per Lundin share in cash or 1.2903 Equinox shares plus a penny for each share. The amount of cash is limited to $2.4 billion, while the number of shares offered is capped at 380 million. Under the Equinox deal, current Lundin shareholders would have owned about 30 per cent of the new Equinox.

The Equinox offer has been repeatedly criticized for the amount of money the company will have to borrow to make its offer.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centers Reports Stocks are turning in a lackluster performance in early trading on Thursday, as traders seem reluctant to make any significant moves ahead of the release of Friday’s monthly employment report. Dominion Lending Centers Reports Stocks are turning in a lackluster performance in early trading on Thursday, as traders seem reluctant to make any significant moves ahead of the release of Friday’s monthly employment report. Dominion Lending Centers Reports Stocks are turning in a lackluster performance in early trading on Thursday, as traders seem reluctant to make any significant moves ahead of the release of Friday’s monthly employment report.

Thursday, March 31st, 2011

Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports Stocks are turning in a lackluster performance in early trading on Thursday, as traders seem reluctant to make any significant moves ahead of the release of Friday’s monthly employment report. The major averages are lingering near the unchanged line after trending higher in recent sessions.

The choppy trading comes following the release of a report from the Labor Department showing that initial jobless claims fell modestly in the week ended March 26th but came in above estimates due to a substantial upward revision to the data for the previous week.

The report showed that initial jobless claims fell by 6,000 to 388,000 from the previous week’s revised figure of 394,000. Economists had expected jobless claims to slip to 380,000 from the 382,000 originally reported for the previous week.

The Labor Department noted that the upward revision to the previous week’s figures reflect the annual revision to the weekly unemployment claims seasonal adjusted factors

Despite the higher than expected level of new claims and the upward revision of the previous week’s data, jobless claims continue to show signs of stabilizing below the 400,000 mark that many economists view as a benchmark of the economic recovery.

Peter Boockvar, equity strategist at Miller Tabak, said, “Bottom line, while above expectations, initial claims are now running below 400,000 for the 6th week in the past eight.”

Nonetheless, the data has generated some uncertainty about the Labor Department’s monthly employment report due to be released on Friday. The report is currently expected to show an increase of about 185,000 jobs in March, although the unemployment rate is expected to remain at 8.9 percent.

Most of the major sectors are showing only modest moves in early trading, although notable strength has emerged among energy stocks, which are moving higher along with the price of crude oil. Gold stocks are also moving to the upside, while moderate weakness is visible among banking stocks.

The major averages are currently posting slim gains, just above the unchanged line. The Dow is up 11.73 points or 0.1 percent at 12,362.34, the Nasdaq is up 1.70 points or 0.1 percent at 2,778.49 and the S&P 500 is up 0.25 points or less than a tenth of a percent at 1,328.51.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Dominion Lending Centers Reports Stocks are turning in a lackluster performance in early trading on Thursday, as traders seem reluctant to make any significant moves ahead of the release of Friday's monthly employment report.

Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports Stocks are turning in a lackluster performance in early trading on Thursday, as traders seem reluctant to make any significant moves ahead of the release of Friday’s monthly employment report. The major averages are lingering near the unchanged line after trending higher in recent sessions.

The choppy trading comes following the release of a report from the Labor Department showing that initial jobless claims fell modestly in the week ended March 26th but came in above estimates due to a substantial upward revision to the data for the previous week.

The report showed that initial jobless claims fell by 6,000 to 388,000 from the previous week’s revised figure of 394,000. Economists had expected jobless claims to slip to 380,000 from the 382,000 originally reported for the previous week.

The Labor Department noted that the upward revision to the previous week’s figures reflect the annual revision to the weekly unemployment claims seasonal adjusted factors

Despite the higher than expected level of new claims and the upward revision of the previous week’s data, jobless claims continue to show signs of stabilizing below the 400,000 mark that many economists view as a benchmark of the economic recovery.

Peter Boockvar, equity strategist at Miller Tabak, said, “Bottom line, while above expectations, initial claims are now running below 400,000 for the 6th week in the past eight.”

Nonetheless, the data has generated some uncertainty about the Labor Department’s monthly employment report due to be released on Friday. The report is currently expected to show an increase of about 185,000 jobs in March, although the unemployment rate is expected to remain at 8.9 percent.

Most of the major sectors are showing only modest moves in early trading, although notable strength has emerged among energy stocks, which are moving higher along with the price of crude oil. Gold stocks are also moving to the upside, while moderate weakness is visible among banking stocks.

The major averages are currently posting slim gains, just above the unchanged line. The Dow is up 11.73 points or 0.1 percent at 12,362.34, the Nasdaq is up 1.70 points or 0.1 percent at 2,778.49 and the S&P 500 is up 0.25 points or less than a tenth of a percent at 1,328.51.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Vancouver, B.C., Canada (March 31, 2011) – Clearlease.com Reports Stocks are turning in a lackluster performance in early trading on Thursday, as traders seem reluctant to make any significant moves ahead of the release of Friday’s monthly employment report. The major averages are lingering near the unchanged line after trending higher in recent sessions.

The choppy trading comes following the release of a report from the Labor Department showing that initial jobless claims fell modestly in the week ended March 26th but came in above estimates due to a substantial upward revision to the data for the previous week.

The report showed that initial jobless claims fell by 6,000 to 388,000 from the previous week’s revised figure of 394,000. Economists had expected jobless claims to slip to 380,000 from the 382,000 originally reported for the previous week.

The Labor Department noted that the upward revision to the previous week’s figures reflect the annual revision to the weekly unemployment claims seasonal adjusted factors

Despite the higher than expected level of new claims and the upward revision of the previous week’s data, jobless claims continue to show signs of stabilizing below the 400,000 mark that many economists view as a benchmark of the economic recovery.

Peter Boockvar, equity strategist at Miller Tabak, said, “Bottom line, while above expectations, initial claims are now running below 400,000 for the 6th week in the past eight.”

Nonetheless, the data has generated some uncertainty about the Labor Department’s monthly employment report due to be released on Friday. The report is currently expected to show an increase of about 185,000 jobs in March, although the unemployment rate is expected to remain at 8.9 percent.

Most of the major sectors are showing only modest moves in early trading, although notable strength has emerged among energy stocks, which are moving higher along with the price of crude oil. Gold stocks are also moving to the upside, while moderate weakness is visible among banking stocks.

The major averages are currently posting slim gains, just above the unchanged line. The Dow is up 11.73 points or 0.1 percent at 12,362.34, the Nasdaq is up 1.70 points or 0.1 percent at 2,778.49 and the S&P 500 is up 0.25 points or less than a tenth of a percent at 1,328.51.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Stocks have moved mostly higher in morning trading on Wednesday, with the markets extending a recent upward move on the heels of upbeat employment data

Wednesday, March 30th, 2011


Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com Reports Stocks have moved mostly higher in morning trading on Wednesday, with the markets extending a recent upward move on the heels of upbeat employment data. Buying interest has remained relatively subdued, however, with lingering geopolitical concerns limiting the upside.

The major averages are currently posting moderate gains, off their highs for the session. The Dow is up 54.95 points or 0.5 percent at 12,333.96, the Nasdaq is up 10.13 points or 0.4 percent at 2,767.02 and the S&P 500 is up 5.71 points or 0.4 percent at 1,325.15.

The strength in the markets is partly due to the release of a report from payroll processor Automatic Data Processing (ADP) showing another significant increase in private sector employment in March.

The report showed that private sector employment rose by 201,000 jobs in March following a downwardly revised increase of 208,000 jobs in February. Economists had expected an increase of about 208,000 jobs compared to the addition of 217,000 jobs originally reported for the previous month.

Peter Boockvar, equity strategist at Miller Tabak, said, “While slightly below estimates, the pace of job gains is good and certainly encouraging to see.”

“But we still have years to go to get back what was lost in the recession if this current pace persists,” Boockvar added.

The Labor Department’s more closely watched monthly employment report, which includes both private and public sector jobs, is due to be released on Friday. While payroll employment is expected to show continued growth, the unemployment rate is expected to remain unchanged at 8.9 percent.

Additional news on the merger-and-acquisition front has also generated some positive sentiment, with shares of Cephalon (CEPH) up by 28.1 percent on news that Valeant Pharmaceuticals (VRX) has made a hostile takeover offer for the biopharmaceutical company.

Valeant has offered to acquire Cephalon for $73 per share in cash, representing a total value of approximately $5.7 billion. The offer represents a 24 percent premium to Cephalon’s closing price on Tuesday and a 29 percent premium over its 30-day trading average.

Meanwhile, shares of Sealy (ZZ) have come under pressure after the mattress maker reported a first quarter net loss compared to a year-ago profit. The company also reported a decrease in net sales.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###Dominion Lending Centres Clearlease Reports Stocks have moved mostly higher in morning trading on Wednesday, with the markets extending a recent upward move on the heels of upbeat employment data

Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com Reports Stocks have moved mostly higher in morning trading on Wednesday, with the markets extending a recent upward move on the heels of upbeat employment data. Buying interest has remained relatively subdued, however, with lingering geopolitical concerns limiting the upside.

The major averages are currently posting moderate gains, off their highs for the session. The Dow is up 54.95 points or 0.5 percent at 12,333.96, the Nasdaq is up 10.13 points or 0.4 percent at 2,767.02 and the S&P 500 is up 5.71 points or 0.4 percent at 1,325.15.

The strength in the markets is partly due to the release of a report from payroll processor Automatic Data Processing (ADP) showing another significant increase in private sector employment in March.

The report showed that private sector employment rose by 201,000 jobs in March following a downwardly revised increase of 208,000 jobs in February. Economists had expected an increase of about 208,000 jobs compared to the addition of 217,000 jobs originally reported for the previous month.

Peter Boockvar, equity strategist at Miller Tabak, said, “While slightly below estimates, the pace of job gains is good and certainly encouraging to see.”

“But we still have years to go to get back what was lost in the recession if this current pace persists,” Boockvar added.

The Labor Department’s more closely watched monthly employment report, which includes both private and public sector jobs, is due to be released on Friday. While payroll employment is expected to show continued growth, the unemployment rate is expected to remain unchanged at 8.9 percent.

Additional news on the merger-and-acquisition front has also generated some positive sentiment, with shares of Cephalon (CEPH) up by 28.1 percent on news that Valeant Pharmaceuticals (VRX) has made a hostile takeover offer for the biopharmaceutical company.

Valeant has offered to acquire Cephalon for $73 per share in cash, representing a total value of approximately $5.7 billion. The offer represents a 24 percent premium to Cephalon’s closing price on Tuesday and a 29 percent premium over its 30-day trading average.

Meanwhile, shares of Sealy (ZZ) have come under pressure after the mattress maker reported a first quarter net loss compared to a year-ago profit. The company also reported a decrease in net sales.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###
Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com Reports Stocks have moved mostly higher in morning trading on Wednesday, with the markets extending a recent upward move on the heels of upbeat employment data. Buying interest has remained relatively subdued, however, with lingering geopolitical concerns limiting the upside.

The major averages are currently posting moderate gains, off their highs for the session. The Dow is up 54.95 points or 0.5 percent at 12,333.96, the Nasdaq is up 10.13 points or 0.4 percent at 2,767.02 and the S&P 500 is up 5.71 points or 0.4 percent at 1,325.15.

The strength in the markets is partly due to the release of a report from payroll processor Automatic Data Processing (ADP) showing another significant increase in private sector employment in March.

The report showed that private sector employment rose by 201,000 jobs in March following a downwardly revised increase of 208,000 jobs in February. Economists had expected an increase of about 208,000 jobs compared to the addition of 217,000 jobs originally reported for the previous month.

Peter Boockvar, equity strategist at Miller Tabak, said, “While slightly below estimates, the pace of job gains is good and certainly encouraging to see.”

“But we still have years to go to get back what was lost in the recession if this current pace persists,” Boockvar added.

The Labor Department’s more closely watched monthly employment report, which includes both private and public sector jobs, is due to be released on Friday. While payroll employment is expected to show continued growth, the unemployment rate is expected to remain unchanged at 8.9 percent.

Additional news on the merger-and-acquisition front has also generated some positive sentiment, with shares of Cephalon (CEPH) up by 28.1 percent on news that Valeant Pharmaceuticals (VRX) has made a hostile takeover offer for the biopharmaceutical company.

Valeant has offered to acquire Cephalon for $73 per share in cash, representing a total value of approximately $5.7 billion. The offer represents a 24 percent premium to Cephalon’s closing price on Tuesday and a 29 percent premium over its 30-day trading average.

Meanwhile, shares of Sealy (ZZ) have come under pressure after the mattress maker reported a first quarter net loss compared to a year-ago profit. The company also reported a decrease in net sales.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###

Dominion Lending Centres Clearlease Reports Lifetime Brands (NASDAQ: LCUT) up 100% but still room for more.

Tuesday, March 29th, 2011

Dominion Lending Centres Clearlease Reports Lifetime Brands (NASDAQ: LCUT) up 100% but still room for more.

Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports Lifetime Brands (NASDAQ: LCUT) had a tremendous 2010, gaining just over 100%. The company sells food preparation, tabletop and home decor products and owns household brands such as KitchenAid, Cuisinart and Farberware.

Despite the 100% run up, LCUT could still be in value territory.

Gross margins is just above 40% with operating margins at 6.7%. Normalized net margin is around 4-5% which is very respectable for the industry it is in.

If you like to use Buffett’s definition of FCF, which he calls owner earnings, the trend is actually much more positive. Where 2009 FCF is $61.6m followed by a 2010 FCF of $27.2m, the owner earnings for 2009 and 2010 come out to $14.5m and $29m respectively. This shows that in terms of the “real” owner earnings, LCUT has improved considerably as opposed to the drop you see in just regular FCF.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###Dominion Lending Centres Clearlease Reports Lifetime Brands (NASDAQ: LCUT) up 100% but still room for more.

Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports Lifetime Brands (NASDAQ: LCUT) had a tremendous 2010, gaining just over 100%. The company sells food preparation, tabletop and home decor products and owns household brands such as KitchenAid, Cuisinart and Farberware.

Despite the 100% run up, LCUT could still be in value territory.

Gross margins is just above 40% with operating margins at 6.7%. Normalized net margin is around 4-5% which is very respectable for the industry it is in.

If you like to use Buffett’s definition of FCF, which he calls owner earnings, the trend is actually much more positive. Where 2009 FCF is $61.6m followed by a 2010 FCF of $27.2m, the owner earnings for 2009 and 2010 come out to $14.5m and $29m respectively. This shows that in terms of the “real” owner earnings, LCUT has improved considerably as opposed to the drop you see in just regular FCF.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###Dominion Lending Centres Clearlease Reports Lifetime Brands (NASDAQ: LCUT) up 100% but still room for more.

Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports Lifetime Brands (NASDAQ: LCUT) had a tremendous 2010, gaining just over 100%. The company sells food preparation, tabletop and home decor products and owns household brands such as KitchenAid, Cuisinart and Farberware.

Despite the 100% run up, LCUT could still be in value territory.

Gross margins is just above 40% with operating margins at 6.7%. Normalized net margin is around 4-5% which is very respectable for the industry it is in.

If you like to use Buffett’s definition of FCF, which he calls owner earnings, the trend is actually much more positive. Where 2009 FCF is $61.6m followed by a 2010 FCF of $27.2m, the owner earnings for 2009 and 2010 come out to $14.5m and $29m respectively. This shows that in terms of the “real” owner earnings, LCUT has improved considerably as opposed to the drop you see in just regular FCF.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss

###

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