Tag Archives: regaining some ground after falling sharply – Dominion Lending Centres Clearlease

Stocks moved higher at the start of trading on Tuesday, regaining some ground after falling sharply – Dominion Lending Centres Clearlease

Stocks moved higher at the start of trading on Tuesday, regaining some ground after falling sharply – Dominion Lending Centres Clearlease

VANCOUVER – (April 19, 2011) Clearlease.com Reports Stocks moved higher at the start of trading on Tuesday, regaining some ground after falling sharply in the previous session. The major averages have all moved to the upside after ending Monday’s trading firmly in negative territory following pessimistic comments from Standard & Poor’s.

The rebound on Wall Street is partly due to the release of relatively upbeat housing data, with a report from the Commerce Department showing a substantial rebound in U.S. housing starts in March.

The report said housing starts rose by 7.2 percent to an annual rate of 549,000 in March after falling by 18.5 percent to a revised 512,000 in February. Economists had expected housing starts to rise to 525,000 from the 479,000 originally reported for the previous month.

Additionally, the Commerce Department said building permits, an indicator of future housing demand, increased by 11.2 percent to an annual rate of 594,000 in March from a revised 534,000 in February.

On the corporate news front, Johnson & Johnson (JNJ) is moving notably higher after reporting first quarter earnings of $1.35 per share on sales of $16.2 billion. Analysts had expected the healthcare products company to earn $1.26 per share on sales of $15.8 billion.

Looking ahead, Johnson & Johnson raised its full year earnings guidance to $4.90 to $5 per share, above analyst estimates for earnings of $4.83 per share.

Meanwhile, shares of Goldman Sachs (GS) are trading modestly lower after the financial services giant reported first quarter earnings that fell sharply year-over-year. The decrease largely reflected the redemption of its preferred stock held by Warren Buffett’s Berkshire Hathaway (BRKa).

Steel stocks have moved sharply higher in early trading, driving the NYSE Arca Steel Index up by 1.7 percent after it ended Monday’s trading at a one-month closing low. Airline, health insurance, and housing stocks are also seeing early strength.

The major averages have seen some further upside in the past few minutes, rising to new highs for the young session. The Dow is up 41.40 points or 0.3 percent at 12,242.99, the Nasdaq is up 9.63 points or 0.4 percent at 2,745.01 and the S&P 500 is up 4.37 points or 0.3 percent at 1,309.51.

For more information please visit us at:

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:
Website:
News:
Twitter: @clearlease

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VANCOUVER – (April 19, 2011) Clearlease.com Reports Stocks moved higher at the start of trading on Tuesday, regaining some ground after falling sharply in the previous session. The major averages have all moved to the upside after ending Monday’s trading firmly in negative territory following pessimistic comments from Standard & Poor’s.

The rebound on Wall Street is partly due to the release of relatively upbeat housing data, with a report from the Commerce Department showing a substantial rebound in U.S. housing starts in March.

The report said housing starts rose by 7.2 percent to an annual rate of 549,000 in March after falling by 18.5 percent to a revised 512,000 in February. Economists had expected housing starts to rise to 525,000 from the 479,000 originally reported for the previous month.

Additionally, the Commerce Department said building permits, an indicator of future housing demand, increased by 11.2 percent to an annual rate of 594,000 in March from a revised 534,000 in February.

On the corporate news front, Johnson & Johnson (JNJ) is moving notably higher after reporting first quarter earnings of $1.35 per share on sales of $16.2 billion. Analysts had expected the healthcare products company to earn $1.26 per share on sales of $15.8 billion.

Looking ahead, Johnson & Johnson raised its full year earnings guidance to $4.90 to $5 per share, above analyst estimates for earnings of $4.83 per share.

Meanwhile, shares of Goldman Sachs (GS) are trading modestly lower after the financial services giant reported first quarter earnings that fell sharply year-over-year. The decrease largely reflected the redemption of its preferred stock held by Warren Buffett’s Berkshire Hathaway (BRKa).

Steel stocks have moved sharply higher in early trading, driving the NYSE Arca Steel Index up by 1.7 percent after it ended Monday’s trading at a one-month closing low. Airline, health insurance, and housing stocks are also seeing early strength.

The major averages have seen some further upside in the past few minutes, rising to new highs for the young session. The Dow is up 41.40 points or 0.3 percent at 12,242.99, the Nasdaq is up 9.63 points or 0.4 percent at 2,745.01 and the S&P 500 is up 4.37 points or 0.3 percent at 1,309.51.

For more information please visit us at:

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:
Website:
News:
Twitter: @clearlease

###Stocks moved higher at the start of trading on Tuesday, regaining some ground after falling sharply – Dominion Lending Centres Clearlease

VANCOUVER – (April 19, 2011) Clearlease.com Reports Stocks moved higher at the start of trading on Tuesday, regaining some ground after falling sharply in the previous session. The major averages have all moved to the upside after ending Monday’s trading firmly in negative territory following pessimistic comments from Standard & Poor’s.

The rebound on Wall Street is partly due to the release of relatively upbeat housing data, with a report from the Commerce Department showing a substantial rebound in U.S. housing starts in March.

The report said housing starts rose by 7.2 percent to an annual rate of 549,000 in March after falling by 18.5 percent to a revised 512,000 in February. Economists had expected housing starts to rise to 525,000 from the 479,000 originally reported for the previous month.

Additionally, the Commerce Department said building permits, an indicator of future housing demand, increased by 11.2 percent to an annual rate of 594,000 in March from a revised 534,000 in February.

On the corporate news front, Johnson & Johnson (JNJ) is moving notably higher after reporting first quarter earnings of $1.35 per share on sales of $16.2 billion. Analysts had expected the healthcare products company to earn $1.26 per share on sales of $15.8 billion.

Looking ahead, Johnson & Johnson raised its full year earnings guidance to $4.90 to $5 per share, above analyst estimates for earnings of $4.83 per share.

Meanwhile, shares of Goldman Sachs (GS) are trading modestly lower after the financial services giant reported first quarter earnings that fell sharply year-over-year. The decrease largely reflected the redemption of its preferred stock held by Warren Buffett’s Berkshire Hathaway (BRKa).

Steel stocks have moved sharply higher in early trading, driving the NYSE Arca Steel Index up by 1.7 percent after it ended Monday’s trading at a one-month closing low. Airline, health insurance, and housing stocks are also seeing early strength.

The major averages have seen some further upside in the past few minutes, rising to new highs for the young session. The Dow is up 41.40 points or 0.3 percent at 12,242.99, the Nasdaq is up 9.63 points or 0.4 percent at 2,745.01 and the S&P 500 is up 4.37 points or 0.3 percent at 1,309.51.

For more information please visit us at:

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:
Website:
News:
Twitter: @clearlease

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